EP 501 - Everyone Wants Overnight Success... Nobody Wants the First 5 Years

What did you think of todays show??Mike and Dylan spend the hour on the money stuff nobody performs on Instagram. In this episode, we break down how the lending business actually grew, the assignment fee trick that juices your spread, and the COVID relief loans sellers forget they ever took. Plus why investing now looks like gambling, how the wealthy borrow to dodge taxes, and the honest math that dropped Mike's real net worth by 35%.Topics discussed:Introduction (00:00)Dan no-shows right after episode 500 (00:07)How the lending side hustle actually grew (04:00)The assignment fee trick that juices your spread (06:55)The COVID loans sellers forget they took (09:23)Why 100% financing signals a frothy market (18:27)How the wealthy borrow to dodge taxes (19:50)Why investing now looks just like gambling (21:23)When to sell instead of holding forever (23:39)How to calculate your returns honestly (26:38)Why your net worth is smaller than you think (28:35)Ten million anonymous or one million famous? (32:53)Why old money never made a TikTok (34:38)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_deals/This episode was produced by Podcast Boutique https://www.podcastboutique.com (https://podcastboutique.com/)