Sea 3- Ep #2- Using MSTY/ULTY To Pay Off Car Loans (Relentless Routines)

Send us Fan Mail

Season 3, Episode #2 Not Me, But You! Podcast. Podcast stat update: 13 different countries and 100 different cites over the last 5 podcast episodes. Thank you for listening/downloading. 

Follow me/Connect with me on X at: Waypa Today. Send me an email at [email protected]. I offer 1:1 coaching/small group coaching. Email so we can set up a FREE 15 to 20 minute call to see if it makes sense for us to work together. 

Relentess Routines help us with investing, attacking bad debt, eating healhty, exercising consistently etc. One of my favorite quotes is: "On the highway of SUCCESS, there is no speed limit. You can go fast or slow. The choice is YOURS!" 

We can make money, simply by pusing buttons on our phones. If you have an internet connection, you can live anywhere in the world you choose. And you will still have cash flow weekly/monthly as long as you keep "relentlessly" buying/holding assets. After all, what do rich people do? Answer: they buy/hold assets, some of which bring them income! 

Inflation is the silent financial killer. Too many people retire and miscalculate the devastating effect that inflation will have on their fixed monthly income! 

If you utilize margin loans, responsibly, in your brokerage account, you can more quickly grow your account balance. These margin loans do NOT show up on your credit report! 

If you want to drop your car loan balance, "like a rock" then use some of your dividends, to make PRINCIPAL ONLY payments to pay your car loan off much faster than simply making your scheduled monthly payment. 

Initially, when evaluating a potential investment: Nothing is more important than the yield, the ROI(return on investment), the share price history, the dividend history and dividend schedule (weekly, monthly, quarterly etc.) 

Have courage today, to pick one thing, and work on your dreams. We will talk again soon. 

#MSTY, #ULTY, #Loans, #Car Loans, #Inflation, #Bitcoin, #Cash #Retirement #Retire, #Income, #ETF's, #Margin, #ROTH IRA, #IRA, #QQQI, #SPYI, #CLM, #CRF, #BTCI, #OARK, #SMCY, #ROI, #Yield, #Share price, #Time 

I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.