How To Build Wealth And Thrive In Life After COVID | Michael Hananel PT.2

In today’s episode, we have the continuation of Michael Hananel’s conversation where he shares insights and predictions about the economy including gold and silver, real estate investing, and stock market, his psychic experience with his wife, the good thing about COVID-19, why cash is trash, and how to unlock big dreams and big goals! Michael’s wife is an expert in the cosmetic industry, really an empire creator, and is serving humanity through contributions.  All of her brands have given back components. In fact, the $5 from the sale of each of her skincare products like scrub and cleanser from now until the end of this year will go to Movember, a men’s health charity. In which the mission is to create awareness in men's health issues. In addition, Michael and his wife truly build an amazing portfolio and wealth. He believes that an authentic give back component leads to a successful business. Although, wealth is idolized in this culture but recognizing that worldly goods are not what life is all about. It’s nice to have it but it’s just an energy and a resource that you can use for good or bad. As to Mike, if you are really true to yourself, you’re going to find your purpose which is to do something to help other humans in some form of passion. Thus, figure out how to help more in a form of social entrepreneurship. Finally, Mike has some good and bad predictions on silver and gold, real estate investing, and the stock market.  And as a realist, Michael is always prepared for the worst, but always hopes for the best, and prays for it. Some Questions I Ask: What do you urge people to lean into on that front on self-care? How has your wife’s company really segued and tie into all that? (49:33) You’ve said, “Taking without giving back, it won’t be accepted in the future”, what did you mean by that? (59:34) What’s your overall sentiment of where we’re at in the economy and where we’re heading in the economy? (01:05:09) What do you say to those young people on how to build wealth and to unlock big dreams and big goals? (01:12:14) What kind of real estate product that should people be looking at as well as being very cautious of? (01:27:44) In This Episode, You Will Learn: Creating an empire within your empire (50:17) Michael’s metaphysical experience (51:12) The good thing about COVID-19 (55:37) New Monetary Regime around the world – what does it mean (01:07:38) Michael’s prediction on economy (01:10:02) Prediction of the price ratio of silver and gold. (01:12:41) Real estate and stock market predictions (01:18:34) Warren Buffet’s stock market indicator (01:21:46) Why setting in a lot of cash is detrimental (01:23:41) Why it’s dangerous to get into the real estate world now (01:25:47) Quotes: “You can’t really be there for others or for your family or anyone else if you haven’t taken care of yourself first.” “Money and wealth is just energy.” “I always prepare for the worst but I hope for the best.” “Cash is trash.” Connect with Michael Hananel on: SELF/ish Movember