There is no shortage of wisdom with David and we are blessed to have him around again. This episode is all about the market (and David’s new book!). Markets are, in essence, a group of people who are looking to trade with each other. It’s important to know how to find the right market but more importantly WHO you are investing with. Today in the face of an ongoing pandemic and historical inflation rates, it’s really hard to know what part of the market is the best one for you. With so many different investment options, it’s easy to feel like you are in control, having such freedom to choose. This is exactly what David talks about in his book and in the episode. He shares deep market insights and investment guidance that every novice investor should hear!
HIGHLIGHTS OF THE EPISODE
01:07 – Own Your Freedom book
02:05 – Income during the Black Swan COVID
04:35 – The book is written on principles
06:01 – Transitory inflation in a top-heavy market
09:13 – Buy in and be at the mercy of the market
10:54 – Finding and investing with the right people
13:19 – Get educated in investment
16:24 – Market VS fund managers
18:08 – The inefficiency of real estate
19:15 – Separating the experts from the newbies
20:51 – Live example: fully cooked books
23:45 – For novice investors, it is about WHO you invest with
27:14 – What Freedom Founders does so great
27:51 – Are you investing to learn or learning to invest?
28:41 – https://www.freedomfounders.com/
30:00 – BONUS: Big Mike teaching his daughter; stock or real estate?
Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.
CONNECTING WITH THE GUEST
Website
David’s Book: “Own Your Freedom”