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Podcast: Get Rich Education
Episode: Why Stocks Don't Create Wealth, STRs, Build-To-Rent
Description: Have you ever met anyone that created wealth with stocks? I haven't. Why not? Inflation, emotion, taxes, fees and volatility are the reasons. I break this down. The Rule of 72 is what traditional advisers cite as a wealth-builder. I describe why this does not work. Learn why returns from stock and mutual funds are often less than zero. What really creates wealth? Leverage. Learn trade-offs between long-term rentals and short-term rentals. Zach Lemaster joins us. A licensed optometrist and captain for the US Air Force, he's become...