Contacts
Info
Rich Dad’s StockCast is a podcast that throws out all the media’s useless information about the stock market and stock investing and gives you real advice and real strategies from...
show more
Rich Dad’s StockCast is a podcast that throws out all the media’s useless information about the stock market and stock investing and gives you real advice and real strategies from a real teacher, Andy Tanner. Want real stock help and not the lies Wall Street is telling? This is your show.And... If you'd like to take a stock class from Andy or watch one of his FREE trainings click here to learn from the same man Robert learns from: https://www.StockCastBonus.com
show less
Rich Dad's StockCast with Andy Tanner
Rich Dad's StockCast with Andy Tanner
The Rich Dad Media Network
Transcribed
28 OCT 2024 · Join Del Denney for an in-depth exploration of tech and AI investments with expert Andy Tanner. This episode covers crucial strategies for leveraging tech stocks, focusing on understanding market trends like AI, value investing, and blockchain technologies. Learn about the four pillars of investing—fundamentals, technicals, cash flow, and risk management—and their application across various sectors. Del and Andy discuss the global 'space race' for AI, ownership versus labor, and why education trumps mere advice. Tune in for practical insights, financial tips, and free resources to maximize your financial growth. Don’t miss this opportunity to navigate the evolving tech landscape successfully.
00:00 Introduction
00:44 Diving into Tech Stocks
01:13 The Four Pillars of Investing
01:47 The Importance of AI in Tech Stocks
06:53 Fundamental Analysis in Tech
10:15 Technical Analysis and Market Sentiment
11:00 Positioning and Risk Management
13:18 The Future of Tech and AI
14:54 Global AI Race and Its Implications
18:12 Ownership vs. Working in the Tech Era
20:08 Practical Advice for Tech Sector Investment
21:59 The Importance of Education in Investing
24:38 Fundamental Analysis for Beginners
28:41 Comparing AI to the Dot Com Boom
33:27 Risk Management Strategies
33:57 Final Thoughts and Takeaways
Transcribed
21 OCT 2024 · In this insightful episode of Rich Dad's Stock Cast, host Del Denney and financial expert Andy Tanner discuss the secrets to building and preserving generational wealth. They discuss strategies that wealthy families use to create lasting legacies, focusing on the importance of personal development, values, and parenting. Andy shares his observations from affluent families, detailing how true wealth is measured by who you become rather than what you own. This episode highlights the critical role of teaching children financial wisdom, allowing them to learn from their mistakes, and nurturing their growth to achieve independence.
00:00 Introduction
01:17 Key Strategies for Building Wealth
05:05 The Importance of Legacy
11:56 Values and Principles in Wealth Building
13:29 Passion and Personal Development
14:58 Preparing for Dynastic Success
16:05 Transition to Practical Applications
17:01 The Challenges of Parenting
17:44 Personal Development for Legacy
18:21 The Role of Parenting in Building a Dynasty
18:35 Critique of Modern Parenting and Values
19:32 Embracing the Role of a Parent
23:06 Teaching Financial Literacy to Children
24:28 Learning from Mistakes 26:37 Reflections on Generational Wealth
29:14 Final Thoughts on Legacy and Impact
Transcribed
14 OCT 2024 · In this episode of Rich Dad’s Stockcast, host Del Denney and financial expert Andy Tanner dive into the transformative concept of the Big Money Mindset. This episode is a must-watch for anyone serious about developing the mindset needed to achieve financial freedom and unlock wealth. If you're looking to shift your thinking from small, short-term wins to long-term financial growth and success, this discussion will guide you through every step of the journey.
FREE Training with Andy Tanner: www.stockcastbonus.com
What is the Big Money Mindset?
Andy Tanner breaks down the fundamentals of the Big Money Mindset, explaining how it differs from conventional approaches to finances. Instead of focusing on immediate, small victories, those with a Big Money Mindset look at the broader picture, prioritizing long-term growth and seeking out opportunities for sustained financial success. This shift in thinking is crucial for cultivating a millionaire mindset.
Shattering Limiting Beliefs
One of the biggest barriers to financial success is limiting beliefs—often rooted in fear of failure or scarcity. Andy shares powerful anecdotes about overcoming these beliefs, emphasizing that personal growth starts with understanding and embracing your true potential. By letting go of fear and small-minded thinking, you can open the door to significant wealth creation.
The Power of Lifelong Learning
Andy Tanner and Del Denny discuss how continuous learning is a hallmark of financially successful individuals. Those with a Big Money Mindset constantly seek knowledge, whether through seminars, personal development, or self-study. It's not just about acquiring financial skills, but about committing to a lifelong process of growth and improvement.
Coaching and Community Support
No one develops a Big Money Mindset in isolation. Andy highlights the importance of surrounding yourself with the right community and having coaches to guide you. Just like athletes, you need external feedback to identify blind spots and areas for improvement, allowing you to push past personal limitations.
Applying the Big Money Mindset to Financial Growth
This episode doesn’t just talk theory—it also provides actionable steps for translating your new mindset into real financial success. By embodying the traits of successful individuals and taking strategic actions, you can overcome self-limiting beliefs and leverage your strengths for wealth creation.
7 OCT 2024 · In this episode of Rich Dad’s Stockcast, host Del Denney and financial expert Andy Tanner explore the updated strategies behind value investing. As markets continue to fluctuate, this episode offers essential insights on how to differentiate between price and value, equipping investors with the knowledge to make smarter, more informed decisions. Whether you’re a seasoned investor or just starting out, mastering value investing is crucial for long-term wealth building, and this episode covers everything you need to know to succeed.
Price vs. Value: Understanding the Difference
Andy Tanner breaks down the foundational principles of value investing, emphasizing the critical distinction between price and value. As Warren Buffett famously said, “Price is what you pay; value is what you get.” This episode explains why many investors struggle with returns by focusing too much on price rather than understanding the true value of their investments.
The Cashflow Jack-in-the-Box Metaphor
One of the key concepts discussed is Andy’s “cashflow jack-in-the-box” metaphor, which illustrates the importance of knowing both the price and the earnings of an asset. Understanding this balance is the cornerstone of value investing, allowing you to evaluate whether an investment will generate consistent returns.
Navigating Market Trends and Bubbles
With markets at record highs, many investors believe their portfolios are safe, but Andy warns of a potential bubble similar to the dot-com era. This episode stresses the importance of looking beyond surface-level prices to understand the real value behind assets, ensuring your investments are grounded in solid fundamentals.
Bitcoin and Value Investing
The episode also touches on whether traditional value investing principles can apply to cryptocurrencies like Bitcoin. While Bitcoin may be seen as a hedge or speculative asset, Andy argues that true wealth is created through assets that generate consistent cash flow, such as businesses or farmland.
Key Metrics for Value Investing
Learn about the essential metrics used by legendary investors like Warren Buffett, including earnings growth, price-to-earnings ratio, and cash flow. These indicators help you identify undervalued stocks, allowing you to buy them at a discount and hold for long-term gains.
00:00 Introduction
01:15 Understanding Price and Value
03:10 The Concept of Financial Ignorance
05:09 The Cashflow Jack in the Box Lesson
10:33 Price to Earnings Ratio Explained
15:58 Value Investing 2.0
16:30 Understanding the Problem with High Stock Prices
17:16 The Reality of 401k Balances
18:45 The Concept of a Bubble
23:36 Bitcoin and Value Investing
27:41 Fundamental Analysis and Value Investing
32:46 Conclusion and Final Thoughts
Transcribed
2 OCT 2024 · In this episode of Rich Dad Stockcast, host Del Denney teams up with financial expert Andy Tanner to tackle a fascinating topic: how to short the U.S. dollar. With growing concerns about the future value of the dollar, this episode provides a clear and actionable guide on how to profit from a weakening currency, making it essential viewing for anyone looking to sharpen their financial skills.
What Does It Mean to Short the Dollar?
For those unfamiliar with the concept, shorting the dollar means taking a financial position that profits if the value of the dollar declines. Andy Tanner simplifies this strategy into a practical, four-step process that anyone—from beginners to seasoned investors—can follow.
The Four Steps to Shorting the Dollar:
- Borrowing: The first step involves borrowing an asset expected to lose value, like the U.S. dollar.
- Exchanging: Trade the borrowed dollars for an asset that is likely to hold or increase its value, such as real estate.
- Converting Back: Generate income from the asset (like rental income from property) and convert it into cash flow.
- Returning: Pay back the borrowed dollars with currency that has decreased in value, maximizing your profit.
Real-World Application in Real Estate
A real-world example of shorting the dollar is through real estate investing. By borrowing money to purchase rental properties, you're effectively betting against the dollar. As inflation rises and the dollar weakens, the relative cost of your debt decreases while property values and rental income typically increase. This creates a powerful wealth-building opportunity.
Andy Tanner’s Insight: “You can either buy assets that go up in value or borrow liabilities that go down in value. Either way, your net worth grows.”
Risk Management
While shorting the dollar can be lucrative, it’s not without risks. Andy and Del emphasize the importance of managing your risks through financial education, balancing assets, liabilities, and cash flow to ensure long-term success.
Transcribed
23 SEP 2024 · In this episode of Rich Dad Stockcast, host Del Denney and resident expert Andy Tanner explore how the core principles of real estate can help you win big in the stock market. If you're serious about sharpening your financial skills and learning how to apply proven strategies across different asset classes, this episode is packed with valuable insights to take your investing to the next level.
Get FREE Training with Andy Tanner: https://bit.ly/3JsRdmj
Real Estate and Stock Market: Key Similarities
Andy Tanner kicks off by explaining how real estate and stock market investing share critical fundamentals, including cash flow analysis, leverage, and market timing. Whether it's rental income from a property or dividends from stocks, the principles of generating cash flow remain the same.
Understanding Syndications and Dividends
The episode delves into real estate syndications, where investors pool resources to buy large projects like apartment complexes, distributing profits among participants. Andy compares this process to stock market dividends, emphasizing how both are powerful tools for building wealth through passive income.
Leveraging Financial Education
Andy highlights the importance of financial education, stressing how life-changing it can be to focus on cash flow rather than just capital gains. Books like "Rich Dad Poor Dad" have shaped Andy’s approach to long-term investments, and he encourages listeners to expand their horizons and adopt a cash flow mindset.
The Power of Options in the Stock Market
Unlike real estate, where you borrow money to purchase properties, stock investors can leverage options to enhance returns. Andy breaks down how writing options can generate additional income, comparing it to refinancing a property.
Teaching Financial Principles to the Next Generation
Andy shares how he uses the Cashflow Game to teach his children key financial principles, helping them understand the difference between capital gains and cash flow. These foundational lessons apply to any asset class, from real estate to stocks and beyond.
Breaking Free from Financial Dogma
Andy and Del also discuss the importance of staying open-minded and breaking free from rigid beliefs about investing. Whether you’re a real estate investor or a stock trader, it’s crucial to continuously learn and adapt.
Timestamps:
0:00 - Introduction
4:30 - Cash flow and leverage: Key similarities between real estate and stocks
10:15 - Syndications and dividends: Building wealth through passive income
18:00 - Leveraging financial education for long-term success
25:00 - Using options to generate income in the stock market
30:00 - Teaching financial principles to the next generation
35:00 - Breaking free from investing dogma
-----
Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
16 SEP 2024 · In this episode of Rich Dad Stockcast, host Del Denney is joined by Rich Dad expert Andy Tanner to explore a topic critical for every investor—tax strategies. Whether you're just starting your financial journey or looking to maximize your returns, this episode is packed with actionable insights that can help you keep more of your hard-earned money.
Why Tax Strategies Matter for Investors
Andy Tanner emphasizes the importance of understanding tax implications on your investments. With taxes often being one of the highest expenses, a solid tax strategy can make a huge difference in your financial success. Andy shares personal anecdotes, including the role of his tax advisor Tom Wheelwright, to highlight why working with a tax expert is essential for every investor.
Key Takeaways:
- Understanding Core Tax Principles: Andy breaks down the basics of capital gains, dividends, and different income types. Knowing how these are taxed can help you plan smarter.
- The Importance of a Tax Advisor: Having a knowledgeable tax advisor is a crucial step in saving on taxes. Andy suggests reading Tom Wheelwright's Tax-Free Wealth to prepare yourself with the right questions when finding a tax advisor.
- Investment Quadrants: Learn how to leverage the Cashflow Quadrant to minimize your taxes based on the type of income you earn.
Practical Steps to Implement Tax Strategies:
- Get a Reliable Tax Advisor: Even if you’re just starting out, having a good tax advisor on your team can save you money in the long run.
- Weekly Financial Reviews: Regularly review your financial statements and tax strategies, like Andy does with his wife, to stay on track.
- Learn the Difference Between Income Types: Understanding ordinary income, capital gains, and passive income will allow you to make smarter investment decisions with lower tax implications.
Why You Need to Stay Updated
Andy also discusses how tax laws are always evolving and why it's essential to adapt your tax strategies to stay ahead of any changes. Political shifts can significantly impact tax laws, making it important for investors to stay informed.
Transcribed
9 SEP 2024 · In this episode of Rich Dad’s Stockcast, host Del Denney is joined by Rich Dad expert Andy Tanner to explore how you can double your compounding power and exponentially grow your wealth. Packed with valuable insights, practical advice, and actionable strategies, this episode is a must-watch for anyone serious about boosting their financial education and investment success.
Understanding Compounding
Andy Tanner kicks off the discussion by explaining the fundamentals of compounding, which he describes simply as reinvestment—using returns from investments to buy more income-generating assets. Compounding is often hailed as the most powerful wealth-building force, and understanding how to harness its power is key to long-term financial growth.
Key Components of Compounding
The three critical components of compounding:
1. Money: Your initial investment capital.
2. Time: The most vital factor, as the longer you invest, the more your wealth compounds.
3. Rate: The return rate you earn on your investments.
Common Misconceptions About Compounding
Andy addresses common misconceptions about compounding, particularly around mutual funds. He warns that high fees, even as low as 1%, can significantly erode your returns over time. Managing your investments and avoiding excessive fees is crucial for maximizing compounding power.
Strategies to Boost Compounding Power
Andy offers a practical strategy for increasing returns: writing covered calls. This conservative options strategy generates extra income from stocks you already own, allowing you to reinvest and enhance your compounding rate. He also stresses the importance of financial education and taking actionable steps, recommending that investors use paper trade accounts to practice before investing real money.
The Role of Leverage
Leverage, when used wisely, can dramatically accelerate compounding. Real estate investors, for example, can leverage properties to increase their investment power and grow their wealth more quickly.
Teaching Financial Education to Kids
Andy shares personal insights on teaching his children about investing and compounding. By opening custodial accounts and allowing children to make real transactions, parents can instill the importance of financial literacy from a young age. Andy emphasizes the balance between education and action as critical for success.
3 SEP 2024 · In this episode of Rich Dad Stockcast, hosted by Del Denney, the focus is on navigating economic downturns and transforming crises into opportunities. Joined by Rich Dad expert Andy Tanner, this discussion is packed with valuable insights for both new and seasoned investors looking to improve their financial education and strategic positioning during challenging economic times.
Understanding Economic Downturns
Andy Tanner starts by addressing the psychological impact of economic downturns. He explains how market pullbacks often create the best buying opportunities, likening it to holiday shopping events where prices are "on sale." Andy further distinguishes between typical market downturns and Black Swan events—unpredictable market plunges that offer significant opportunities for those who understand market dynamics.
The Role of Market Sentiment
Quoting Warren Buffett, Andy highlights the importance of market sentiment: "Be greedy when others are fearful, be fearful when others are greedy." Understanding and recognizing these sentiments can signal upcoming investment opportunities, making sentiment analysis a critical tool for investors.
Preparing for Economic Downturns
Education is key to navigating economic downturns. Andy compares learning about the stock market to mastering any skill—the more you know, the better you become. He emphasizes the importance of hedging and risk management, suggesting strategies like using call options on the VIX or buying put options on the S&P 500 to capitalize during downturns.
The Four Pillars of Investing
Andy outlines four essential pillars of investing:
- Fundamental Analysis: Evaluating personal and corporate financial statements along with broad economic fundamentals.
- Technical Analysis: Reading charts to understand market emotions and likely ranges.
- Cash Flow Management: Implementing strategies that align with your cash flow needs.
- Risk Management: Developing and executing proper risk management techniques.
Creating a Financial Plan
Andy uses a fire drill analogy to stress the importance of having a plan. Being prepared for a downturn allows investors to remain calm and execute their strategies efficiently when market conditions worsen.
Transcribed
26 AUG 2024 · In this episode, Del Denney and Andy Tanner dive into the complexities of market timing—a crucial skill for maximizing profits and minimizing losses in today’s volatile market. Whether you’re an experienced investor or just starting out, this episode offers valuable insights to sharpen your investing strategies and enhance your financial education.
The Importance of Market Timing
Market timing is often regarded as one of the most challenging aspects of investing. While many investors dream of buying at the bottom and selling at the peak, the reality is that predicting market movements is incredibly difficult. Andy Tanner emphasizes that successful market timing is less about prediction and more about reaction—adjusting your strategies when things don’t go as planned. This episode sheds light on the critical elements that make market timing a viable strategy for investors.
The Hybrid Approach to Market Timing
Andy introduces his hybrid approach to market timing, which combines both fundamental and technical analysis. This balanced method helps investors navigate market cycles and economic indicators without getting overwhelmed by the market's unpredictability.
- Fundamental Analysis: Focuses on understanding a company’s intrinsic value, business model, management, and financial health. Tanner stresses that as long as you find value in your investment, market highs or lows become less significant.
- Technical Analysis: Involves studying market data like price and volume to predict future movements. Tanner explains that technical indicators are tools for understanding market sentiment and trader behavior, rather than crystal balls predicting the future.
Implementing Market Timing: Practical Steps
Andy provides practical advice on how to implement market timing effectively:
- Key Numbers to Track: Focus on five critical numbers—Entry Point, Exit Point at a Loss, Exit Point at a Gain, Risk Level, and Reward Level. Managing these numbers helps create a robust strategy that minimizes losses and maximizes gains.
- The Role of Options: Options trading is crucial for market timing, offering both guaranteed outcomes and choices. Understanding expiration dates and potential price ranges can greatly enhance your strategy.
- Daily Disciplines for Investors: Tanner recommends four daily disciplines for successful investing:
- Learn something new every week to keep up with market changes.
- Stay vigilant by regularly monitoring your investments.
- Review your investments to understand what worked and what didn’t.
- Purchase assets regularly to build a diversified portfolio.
Get Andy Tanner's FREE Training: https://bit.ly/3JsRdmj
Rich Dad’s StockCast is a podcast that throws out all the media’s useless information about the stock market and stock investing and gives you real advice and real strategies from...
show more
Rich Dad’s StockCast is a podcast that throws out all the media’s useless information about the stock market and stock investing and gives you real advice and real strategies from a real teacher, Andy Tanner. Want real stock help and not the lies Wall Street is telling? This is your show.And... If you'd like to take a stock class from Andy or watch one of his FREE trainings click here to learn from the same man Robert learns from: https://www.StockCastBonus.com
show less
Information
| Author | The Rich Dad Media Network |
| Organization | Audivita Studios |
| Categories | Investing , How To |
| Website | www.spreaker.com |
| customerservice@richdad.com |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
