Do you think more money will solve all your problems? Mike looks at an example from the life of Bill Gross, debunking this myth.
What is going on with inflation and all the spending the government is doing?
Was the recent plunge in the market just an extreme overreaction to the Delta variant?
Mike looks at a recent article that analyzes the current state of the economy, considering:
- Crude Oil Prices
- Lumber Prices
- Real Estate Market
- Unemployment
A listener asked a question about considering a Roth Conversion. Mike explained some of the tax considerations a person would want to think about prior to making that conversion.
He also looks at a two-part blog by Gary Alexander entitled Seven Life Lessons for Building Wealth.
Many of these items have been covered on past episodes of this show as well!
- Seek Lifelong Education
- Be a Contrarian Investor
- Invest in Yourself
- Learn from History to Be an Optimist
- Build Winning Partnerships
- Don’t Try to Time the Market
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