Cash Flow vs Net Worth: Are You Looking To Support a Lifestyle or Get Really Rich?
Added 2022-03-28 14:14:34 +0000 UTCThis is a Patreon exclusive!
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Can't see the Vimeo video? As of OCT2023 @Tech Coach Ralph found the following workaround for this Patreon bug ➡️ "if you click on the 3 dots in the top right to expand a menu and chose 'Copy Link' to open in your web browser choose the option to stay on web if it pops up (don't open in app) you should be able to play the video."
Natasha Vincent
2023-10-23 23:26:06 +0000 UTCI like the sound of a retreat.
Robert Whitehead
2023-09-20 22:17:39 +0000 UTC🔥💪🏾
Noron Blythers
2023-02-24 12:44:47 +0000 UTCCan you make a video about creating if you have an idea?
Donald Bowman
2022-09-17 01:20:08 +0000 UTCThis makes sense to me
KEISH
2022-07-11 23:55:37 +0000 UTCIt's all about perspectives and the stage at which you are into your financial (growth) journey. Oftentimes we need to use critical thinking and deductive reasoning: each time the majority on the media tell us one way is better we need to do the opposite. I used to be on the side of cash flow until I took a deeper dive. I would say why Anton is telling us about networth instead cash flow. The 3 keys concepts are: Wealth preservation, equity building, and taxation event prevention. Simply in your financial journey you start out initially with income generation through either a high income job or assets generating cash flow ( ie a business or real estate or dividends stocks or convertible bonds). But all these are subjected to greater taxes. On the other hand an appreciating assets will lessen your tax events if used as collateral or leverage to borrow against. If you combine both concepts you can maximize your wealth building journey.
PATRICK M.
2022-05-02 22:54:01 +0000 UTCIt depends what you are trying to maximize: income (cash flowing towards you ) or equity (appreciating assets). It is a difference of perspectives , asked yourself the following question: 1. Am I self sufficient because I can pay all my expenses and investing the rest (leaving a rich life). Or 2. Am I accumulating the most equity (appreciating assets generating value) to leave a wealthy life? Which ever questions you answer yes will determine if you just want to be comfortable rich or want more huge goals.
PATRICK M.
2022-05-02 16:39:12 +0000 UTCExactly 100%
NFT Daily News
2022-04-16 05:43:06 +0000 UTCAnother GREAT video!!!
Big Pete DC
2022-04-14 01:31:32 +0000 UTCThis is an interesting conversation. I've been studying some financial material from Robert Kiyosaki author of the rich dad poor dad book and he has a different perspective. He rejects the net worth arguments as "worthless". It's good to compare and contrast notes and get different perspectives on this topic of conversation.
Julius Nova
2022-04-09 02:40:28 +0000 UTCThis is good!
Andre Jenkins
2022-03-29 15:10:26 +0000 UTCI might be in the minority but, I think both can be true. As always it depends on where you are. Which might be the obvious subtext that I am missing. If you are in a position where you don't need the additional cash flow then funneling all investment gains into more investments is the obvious play. However, if you are in a position where cash flow is not where you need it to be then using cash flow can help cover the gap doesn't seem unreasonable to me.
Deontae Knott
2022-03-29 14:33:42 +0000 UTC🔥🔥🔥
Deondre Lucas
2022-03-29 11:03:04 +0000 UTCThis was edifying. Thank you! Net worth/Cash flow
Natasha Vincent
2022-03-28 23:25:51 +0000 UTC@tameika reed Yes! I will be there.
The Intentional Millionaire
2022-03-28 16:34:25 +0000 UTCyou already know. You set for the fund live vegas trip
tameika reed
2022-03-28 16:28:52 +0000 UTCFacts!! I never used my cash flow. I invested it to use as down-payment on another property.
The Intentional Millionaire
2022-03-28 15:43:02 +0000 UTCThanks for the information!
M T
2022-03-28 15:24:56 +0000 UTCThank you for the knowledge!
Ude Jeffrey Antoine
2022-03-28 14:59:50 +0000 UTCGreat video!!
Gregory Francis
2022-03-28 14:43:18 +0000 UTCGot it.....Gid rid of the trashy cash by buying assets. Use the cash flow to increase your NETWORTH! NETWORTH IS KING!!!!!!! Thanks for the jewels...
Big Suggs
2022-03-28 14:36:42 +0000 UTC
