E016: The Golden Carousel Ride to Wealth Building
E016: The Golden Carousel Ride to Wealth Building

E016: The Golden Carousel Ride to Wealth Building

Jayzam Manabat

30 min
Business & Finance
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<p>At <a href="https://accountableequity.com/"><u>Accountable Equity</u></a>, we have designed to create a magical carousel of wealth building that defrays taxes forever, and allows you to compound on the money that you would have given to the federal government. In this episode, we help you understand how the billionaire mind works – well, not necessarily a billionaire, but anybody that knows how the real game of money works.</p> <p>The way a carousel works is inertia. It takes a lot of energy to get it going. In today's episode, we're going to tell you the backstory on why we care about carousels because not everybody does as well as the way our minds work.</p> <p>Here’s what we talked about:</p> <p>- The way our the billionaire’s mind work</p> <p>- The #1 rule in investing</p> <p>- The opposite of financial freedom</p> <p>- Explaining the metaphor of the golden carousel</p> <p>- Investing in the jockeys that are running the asset class<br> </p> <p>Episode Highlights:</p> <p>The Way The Billionaire’s Mind Works</p> <p>Our brains are based on fight or flight. It's primordial going back to the dawn of man and we're always afraid that we're being attacked. That’s the reptilian brain.&nbsp;</p> <p>Fast-forward to now, we find ourselves in patterns. Especially if we were born middle class or below we see money as a W-2 check. We pay all our bills, and we're broke every month. And we think we need to invest more money for retirement. But that's just not how the wealthy think.&nbsp;</p> <p>The millionaires and billionaires don't think this works. You have to own things that put money into the wallet, not just sit there and wait until 2045 when you're still not allowed to use the money. That’s how you achieve financial freedom.</p> <p>The #1 Rule in Investing</p> <p>You have to own things that put money into the wallet, not just sit there and wait until 2045 when you're still not allowed to use the money. When you want financial freedom, don't talk about money as if it's a stress. you want money to make money.</p> <p>T

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