Simple Passive Cashflow Podcast

Takeaways From Recent Family Office Meeting

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Sinopsis

To get rich you need to concentrate (business not salary job).To stay rich you need diversification (accumulation mode).I have a blockfi account was trying to get coinbase but I gave up because it took more than a couple hours, my time is better spend on real estate deals.No offense but if you work 40-50 hours a week at a JOB then you likely have some time on your hands and should find a side gig.Avoid locker room talk - common guy deals or sucker deals - "We are going to 8-12x in the next few years but you need to get in now!" - What would happen in the show SharkTank?For 100M net-worth families - the goal is to have 8-12 non correlated asset portfolioCash is trash - (Inflation is a lot higher) 40 years Bull market in Bonds ended last year.$128T globally is looking for parking