465: Due Diligence in Investing and Business

Buck and Zulfe explore different investment strategies, emphasizing the unique challenges high-income earners encounter in building wealth. They examine key economic indicators, focusing on inflation and jobless claims, while analyzing how markets are reacting to recent data. The conversation also covers the political landscape, considering its potential impact on the economy and the uncertainty surrounding […] The post 470: New of the Week 10/16/24 appeared first on Wealth Formula.

This week’s podcast will feature a highly requested replay of the webinar hosted by Rod Zabrieski on a concept we call the Wealth Accelerator. Now, you’ve probably heard Investment Advisors say there’s no value in permanent life insurance, often suggesting: “buy term and invest the difference.” But why do they say that? Is it really in your best […] The post 469: How the Wealthy Engineer Wealth appeared first on Wealth Formula.

Drawing on personal experiences and psychological concepts, Buck encourages listeners to adopt a growth mindset and overcome mental and financial obstacles to achieve their aspirations. He emphasizes that age should not be a barrier to personal growth and transformation. The post You Are Never Too Old To Set Another Goal or To Dream a New Dream appeared first on Wealth Formula.

Buck and Zulfe discuss the ongoing challenges in the housing market, the implications of recent labor market data, and the current state of financial markets. They explore the historical context of housing shortages, the impact of regulatory hurdles, and the surprising strength of the labor market despite concerns about inflation. They also touch on investment […] The post 468: New of the Week 10/09/24 appeared first on Wealth Formula.

You can disagree without being disagreeable—yeah right. Not these days! We’re stuck in this tribal mentality, where it’s less about what you believe and more about toeing the line of your “team.” It’s as if we’ve traded rational, independent thought for this knee-jerk reaction of following whatever beliefs our group holds. But here’s the thing: If we […] The post 467: Dealing with the Housing Challenges Ahead appeared first on Wealth Formula.

Buck discusses the importance of understanding our emotional responses, particularly the interplay between the amygdala and the prefrontal cortex in decision-making. Through various examples, including high-stakes situations and everyday interactions, Buck emphasizes the significance of self-regulation and the power of pausing before reacting. He offers practical advice on how to manage emotions effectively to foster […] The post You Can Always Tell Someone to Go to Hell Tomorrow appeared first on Wealth Formula.

Buck and Zulfe discuss the critical importance of due diligence in investment, using the infamous Madoff scandal as a case study. They explore the challenges of detecting fraud, the role of auditors, and the relative safety of real estate investments. They also talk about current market trends, economic indicators, and the impact of geopolitical tensions […] The post 466: News of the Week 10/02/24 appeared first on Wealth Formula.

Due diligence is certainly something you do when making a big investment or buying a business. But it’s actually something that should apply to all areas of life—whether you’re signing a contract at work, getting involved in a new relationship, or even deciding which dating app bio seems like it won’t end in a true-crime […] The post 465: Due Diligence in Investing and Business appeared first on Wealth Formula.

Buck shares insights on how to focus on what truly matters, prioritize tasks, and implement strategies like time blocking and the two-minute rule to enhance productivity. Buck emphasizes the significance of a results-driven mindset and the need to eliminate distractions to achieve goals efficiently. He concludes with the idea that a proactive approach to time […] The post Practical Tips for Maximizing Your Day appeared first on Wealth Formula.

Buck and Zulfe discuss the recent Federal Reserve rate cuts, their implications for the economy, and how markets are reacting. They explore the rationale behind the Fed’s decisions, the expected trajectory of interest rates, and the potential impact on various asset classes, including stocks, gold, and Bitcoin. The conversation also highlights investment opportunities arising from […] The post 464: News of the Week 09/25/24 appeared first on Wealth Formula.