Are Millennials Really Falling Behind in Building Wealth?:  The Narratives that are Redefining Wealth for a New Generation episode artwork

EPISODE · Jun 16, 2021 · 56 MIN

Are Millennials Really Falling Behind in Building Wealth?: The Narratives that are Redefining Wealth for a New Generation

from Blue Collar Money: Theories of Middle Class Investing · host PW Gopal, Mike Hatch

Please join us for the first, BLUE COLLAR MONEY MASTERMIND: INVESTING FOR KINGDOM IMPACT starting Wednesday July 21st, 2021 at 12n.  We will be meeting for 5 sessions thru August 18 and will be discussing the possibilities of getting financially unstuck, becoming a producer of value and reinvesting into the Kingdom of God.The cost of the course is  $199 for the Beta of this Mastermind ($497 for future Masterminds) and you can sign up by emailing Mike Hatch at [email protected] with "mastermind" in the subject line. The following are the Narratives we use to solve  for defining an individual or family plan for investment...The 5 Macro Narratives:Global EconomicsU.S. FinancePoliticsMedia/ TechnologyCivil Rights  There is a trail of information that can be trusted but it lies in the relationship between the above arenas. If you can familiarize yourself with how these affect US Finance,  the following truths can help you understand the game being played and distill your plan: The 7 Truths of U.S. Finance:There will always be a marketplace (for the buyer, seller and speculator).There will always be an arbitrageThere will always be speculators and market makers that will show you where the arbitrage exist.  Their presence will also affect volatility and price action.Some people will always cheat. Not all, but some.Small timeframes take the blame /credit for moves in the market.People are people.  Human nature hasn't changed in 800 years of recorded financial history.The Herd consumes...productivity exists outside of the herd.  Resources / Mentions:https://www.bloomberg.com/features/2021-millennials-are-running-out-of-time/ Contact:PW Gopal - [email protected], [email protected] Hatch - [email protected]   

Episode metadata supplied by the publisher feed · Published Jun 16, 2021

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In this episode we revisit the second point of our Investor Mindset Series - "Learn the Narratives". In our search for financial independence we may find ourselves deep in the muck of rhetoric and misinformation where truth has become a huge mysterious pot of gold at the end of a fickle rainbow. Familiarizing yourself with 5 distinct narratives will help you solidify a working narrative and find what you need for stewardship and investment. Keep reading...

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Are Millennials Really Falling Behind in Building Wealth?: The Narratives that are Redefining Wealth for a New Generation

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This episode was published on June 16, 2021.

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