MI256: How to Become Your Own Bank w/ Jerry Fetta

<p>Rebecca Hotsko chats with Jerry Fetta, the Founder and CEO of Wealth DynamX. They talk about how to “become your own bank” and build wealth like the top 1%, his thoughts on how the sacred account differs from traditional forms of saving/investing/borrowing, his investment strategy for 2023, and where he sees the most opportunities, and much, much more!</p><p><br></p><p><strong>IN THIS EPISODE, YOU’LL LEARN:&nbsp;</strong>&nbsp;</p><p>00:00 - Intro</p><p>02:44 - Learn how to “become your own bank” and build wealth like the top 1%.&nbsp;</p><p>05:21 - How the sacred account differs from traditional forms of saving/investing/borrowing.&nbsp;</p><p>07:35 - When it makes sense to use the sacred account as a savings tool.</p><p>16:43 -How this strategy holds up in down markets and particularly in this economic backdrop?&nbsp;</p><p>33:58 - Examples of ways Jerry has used this method to invest in 2022.&nbsp;</p><p>37:07 - Why Jerry likes secure private lending and seller finance real estate over stock investing.</p><p>41:06 - How you can get involved in real estate investing with no prior experience in real estate.&nbsp;</p><p>59:37 -What are the major mistakes people make when implementing this strategy?&nbsp;</p><p>61:40 - Jerry’s investment strategy for 2023 and where he sees the most opportunities.&nbsp;</p><p>And much, much more!</p><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Check out Jerry’s free book:<strong> </strong><a href="https://jerryfetta.com/b2fpromo" rel="noopener noreferrer" target="_blank"><strong>The Blueprint to Financial Freedom&nbsp;</strong></a></li><li>Check out:<strong> </strong><a href="http://www.wealthdynamx.com/" rel="noopener noreferrer" target="_blank"><strong>Wealth DynamX</strong></a><strong>.</strong></li><li>Check out: <a href="http://www.sacredaccount.com/" rel="noopener noreferrer" target="_blank"><strong>The Sacred Account</strong></a><s