Gambling in Investing: How All Economic Risks From Wall Street Have Been Transferred to Main Street with Barry James Dyke - Episode 186

Do you have to gamble every time you're making an investment? Are there really good and bad investments? Curtis and Barry James talk about this and more in today's episode. Barry shares what are the money decisions that work for him. He also tackles the dangers of making immediate investment decisions, particularly target-date mutual funds. Not only that, Curtis and Barry also discuss the secrets of what they do and how you can apply them to your personal economy and future decisions when it comes to your hard-earned money. Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com  Links and Resources from this Episode www.practicalwealthadvisors.com Email Curtis for a free report - [email protected] Call his office - 610-622-3121 Connect with Barry James Dyke https://www.barryjamesdyke.com/ https://www.youtube.com/channel/UCMgvWBPowk4xZ-hcfh9-SUw https://www.facebook.com/thepiratesofmanhattan  Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed Show Notes Barry James Dyke's Background and Mission. - 2:20 Welcome to the casino world: What works for Barry James Dyke. - 6:39 There is no financial product that will take you to glory. - 12:27 Being laughed at: How a big media company laughs at his idea and research. - 13:22 You have to practice and work at improving your skillset. - 18:19 People who make the most money invest in themselves. - 19:33 Most people are gamblers, speculating when it comes to investment. - 23:36 What are the dangers of target-date mutual funds? - 29:00 People are fundamentally out of order in terms of where they're taught where to invest first and not save. - 33:24 What's his overall conception of Indexed Universal Life insurance. - 40:33 What's new and where to find Barry? - 46:00 Have more capitalism for yourself. - 49:26 Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with Apple Podcasts Click here to subscribe with Spotify Click here to subscribe with Stitcher Click here to subscribe with RSS