EP 487 - The Stock Market Is Rigged and Your Portfolio Proves It

What did you think of todays show??They told you to max out your retirement accounts. Mike is doing the opposite.In this episode, we get into why traditional retirement accounts might be working against you, and where Mike is putting his money instead. We also break down the insider trading problem nobody wants to talk about — and whether the financial system behind your portfolio is as trustworthy as you’ve been led to believe.Topics discussed:Introduction (00:00)The Airbnb model that could actually work (00:30)Why you should pay quarterly taxes (01:27)Airbnb tax benefits you should know about (08:13)Las Vegas lending conference and the Russian gambler (11:58)Fake tax infographics and gurus (18:51)Why Mike doesn’t believe in IRAs (21:10)Is the government keeping the stock market high? (29:00)Insider trading, Polymarket, and why the market is rigged (31:00)Why off-market investors need to change their sales pitch (34:15)Which real estate guru is going down next? (38:00)Dan’s take on all the military firings (44:00)Sign up to join the FREE Scale Community! https://collectingkeys.com/Want deeper breakdowns like this every week? Subscribe to the Collecting Keys newsletter! https://collectingkeys.com/newsletter/Follow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com