In this episode, we are discussing the concepts and meaning of the terms “price”, “cost” and “value”. There is a very big difference between the price of any product and or service, the real cost of the product and service and the value that this product and or service is providing to us in our lives.
We look at why it is important to evaluate every decision to buy a product and or service, or an asset by looking at the price, the real cost and the value that it will add to our lives. I use the examples of home ownership, investing in the same single family property and renting the same investment property. I also look at a practical example I come across in my wealth management and education firm looking at term insurance versus permanent life insurance.
Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity by Garrett B. Gunderson
770: Mike Fallat: How To Multiply Your Business With The Million Dollar Book
My guest in this episode is Mike Fallat. Mike is the author of many business-related books. He has a goal of helping 1,000 entrepreneurs publish books and teaching them how to use their books as a gateway to generating 7-figures. His company, Dreamstarters Publishing, offers ghostwriting, cover design, automated funnels, and book fulfillment. They have…
769: Steven Bowles: Advanced Family Office Strategies
My guest in this episode is Steven Bowles. Steven founded Catalyst Advisory to take the experience he gained by working in a family office advisory firm and apply the best practices learned there to other families under an independent umbrella. Catalyst works with the best insurance professionals, wealth management firms, and trusted advisors to solve…
768: Dave Zook: Real Asset Cashflow Strategies
My guest in this episode is Dave Zook. Dave is a successful business owner and an experienced real estate investor active in Multi-Family Apartments, Self-storage, and ATM space. Dave has acquired more than $100 million worth of real estate since 2010. At the time of this writing, he and his investors own approximately 3000 Multi-family…
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