EPISODE · Jun 3, 2021 · 19 MIN
Is Cash Trash? What is the Secret Investment Strategy of the Rich?
from Business, Wealth And Mindset Podcast · host Alex Sapala
In this episode Alex answers the question ‘is cash trash?’ and explains why some people believe this. He shares great content on how you can invest wisely and break into success and the real difference between assets and their ability to generate cash flow. Building assets that generate cash flow while you sleep is the key to creating financial freedom and listening to this podcast is a great way to get started. Sign up to Jessen's webinar here: https://bit.ly/bizwm KEY TAKEAWAYS In investment property, the cash flow is expected to be high along with the appreciation Stocks have performed well over time with good appreciation but the risks are high Any investment in paper comes with the warning that the value can both increase and decrease Bitcoin is traded on a day to day value so a level of knowledge and expertise is required. With cash in a savings account, there is steadiness but the value is always going down. The definition of an asset is something that generates income while you sleep Leverage is key, if you have cash the bank will lend you money to invest in property Convert whatever assets you have into property Property can generate income when it’s being rented out. What assets and securities do you have? When you are thinking about investing and putting your money into something that generates income also review it as an asset. Something that generates cash flow will help you to have leverage moving forward. BEST MOMENTS ‘Don’t trade paper for paper’ ‘when you are thinking about investing look at what you can leverage’ ‘Successful people put their cash into assets that keep on generating income’ ABOUT THE HOST Alex is a prize-winning chartered accountant with experience in financial markets from trading finance, capital hedging, structural foreign exchange and interest rates to operational risk from the world’s top financial and advisory institutions including Deloitte, RBS and JPMorgan Chase Alex has been involved in property development programmes across different types since 2008, building and managing a portfolio that includes standard buy-to-lets, student accommodation and other houses in multiple occupancy (HMOs). He specialises in raising finance, providing potential investors, investors and joint venture partners with ad hoc (to their specific requirements), hands-free and hassle-free property investments solutions as well as coaching and mentoring Alex aspires to share business and financial knowledge with upcoming entrepreneurs and experienced business minds to learn and master the concepts and mindsets required to succeed, stand-out, have the edge and make a difference. Alex is also a keen traveller, cyclist and photographer. CONTACT METHOD Facebook https://www.facebook.com/alexsapalaofficial/ Twitter - @alex_sapala https://twitter.com/alex_sapala You Tube https://www.youtube.com/channel/UCgZ1DCPGAu5c2yhOkfGZRSQ
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Is Cash Trash? What is the Secret Investment Strategy of the Rich?
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