DeepSummary
Dan Fleyshman emphasizes the importance of becoming wealthy, not just rich, in order to survive and thrive during inflation. He discusses his "40-40-20" investment strategy, where 40% is low-risk investing (5-9% returns), 40% is medium-risk (10-30% returns) in areas like stocks, real estate, and cash-flowing businesses, and 20% is high-risk (potential for very high returns) in areas like angel investing and cryptocurrencies like Bitcoin and Ethereum.
Fleyshman stresses that with rising inflation rates, people need to have millions saved in investments to support themselves and their families later in life when they may live past 100 years old. He believes owning stocks in major companies like Apple, Walmart, Google, Tesla, and Netflix is a good medium-risk strategy as these companies are likely to continue growing over time.
For high-risk investments, Fleyshman recommends carefully evaluating factors like the founding team, product/market fit, scalability, and financial due diligence. While high-risk, successful angel investments can provide exponential returns, albeit with a higher chance of losing the initial investment amount.
Key Episodes Takeaways
- Build wealth through a diversified "40-40-20" investment strategy to counteract inflation and support longer lifespans.
- Invest in major companies like Apple, Walmart, Google through stocks as a medium-risk strategy.
- Consider high-risk angel investments after careful due diligence on founding team, product, scalability, and financials.
- Discuss and prioritize wealth-building given rising costs of living and life expectancies.
- Don't dismiss high-potential assets like Bitcoin despite volatility.
- Look for wealth-compounding opportunities you may be overlooking, like stock in revolutionary products you use.
- Continuously invest over decades through dollar-cost averaging to take advantage of compounding returns.
- Plan for multi-million dollar retirement needs given longer lifespans and inflation.
Top Episodes Quotes
- βIf your child lives to 107 and they need two or $3 million saved up, four or $5 million saved up, but they want to have ten grand a month. What do you have to do? You have to have discussions about money with your friends, family and followers.β by Dan Fleyshman
- βBitcoin is the number one performing investment asset in the history of the world.β by Dan Fleyshman
- βI will never tell you to invest in something that I'm not in it with.β by Dan Fleyshman
- βRemember when I was bringing up iPhones and I mentioned the iPhone's $1,500, 1200 bucks, 1300 bucks. You probably don't have 1500 bucks, 1200 bucks, or 300 of Apple stock.β by Dan Fleyshman
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Episode Information
The Money Mondays
Dan Fleyshman
6/3/24
Inflation is the silent killer that everyone underestimates. That's why I will discuss the ups and downs of the real estate market, focusing on long-term strategies to thrive despite inflation and economic shifts. Discover why holding onto properties in major areas can be a winning move, the benefits for your taxes, and why selling might lead to regrets. Learn about cash-flowing businesses, low-risk investments, and navigating high-risk ventures. Like this episode? Watch more like it π Watch ALL Full Episodes Here: https://www.youtube.com/playlist?list=PLs0D-M5aH-0IOUKtQPKts-VZfO55mfH6k --- The Money Mondays is a business podcast here to teach you how to make money, invest money, and donate money by showcasing some of the world's most successful people and how they do the same. Hosted by serial entrepreneur Dan Fleyshman, the youngest founder of a publicly traded company in history, this money podcast gives you an exclusive behind the scenes look at how the wealthiest celebrities, entrepreneurs, athletes and influencers make, invest and donate money. If you want to learn more business and investing while you work to improve your financial life, you're in the right place! Subscribe: https://www.youtube.com/@themoneymondays?sub_confirmation=1 Dan Fleyshman, The Money Mondays Learn more here: https://themoneymondays.com Watch all the podcast episodes: https://youtube.com/playlist?list=PLs0D-M5aH-0IOUKtQPKts-VZfO55mfH6k Letβs Connect... Website: https://themoneymondays.com Podcast: https://podcasts.apple.com/us/podcast/the-money-mondays/id1663564091 Twitter: https://twitter.com/themoneymondays LinkedIn: https://www.linkedin.com/company/the-money-mondays/about/ TikTok: https://tiktok.com/@themoneymondays FB: https://www.facebook.com/The-Money-Mondays-110233585203220/