Episode 7: Profit from nature, Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty

In this episode we discuss the 7th wealth building principle:  Profit from nature

This may sound redundant since we covered profiting from Trends in the previous episode- but it’s actually quite different.  Consider how the study of economics is broken down into micro and macro.  I consider Trends and Nature in a similar manner.

Forces of nature cause events.  Events cause disruptions in markets, which can be traded for profit.

The major forces of nature are:  Mother Nature (floods, hurricanes, earthquakes, etc) ;  Human Nature (fear, greed, love, hate, etc) ;  and Government (this is actually a subcategory under Human Nature, but since government has become so omnipotent, I consider it as a separate force- taxation, inflation, regulation, war, enslavement, etc).

Early identification of these forces acting on markets can net a profit.

Do you find it distasteful to profit from other’s misfortune?  For instance- shorting Japan’s Nikkei index to take advantage of the Fukushima nuclear accident caused by a tsunami.  Think with your head, not your heart.  Be logical and analytic.  Taking a profit in the stock market on such an event doesn’t increase nor decrease the tragedy one bit.  Human suffering is not impacted.  The event occurred, it was outside of your sphere of influence.

Wealth builders think in terms of prosperity not scarcity.  If you’re poor and destitute, how can you contribute to help others?  Your ability to do good is amplified by your excess resources and capital.

Learn to profit…and be generous with your wealth.

Subscribe to the Wealthsteading Podcast via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 6: Profit from trends, Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty

In this episode we discuss the 6th wealth building principle:   Profit from trends

Trend trading goes against the conventional wisdom of buying and holding stocks.  I personally believe, based on my own history that buy & hold is a myth.  Why suffer through an inevitable market downtrend?  The dotcom bubble of 2000, the housing bubble of 2008…another bear market will occur, they always do.  Why participate?

You can never accurately predict a market top or bottom, but I believe that there is enough margin for error that you can get in/out – early/late and still preserve your capital and build wealth.

Trends are occurring all around you.  Companies, products, organization, societies…all experience a life cycle.  Be observant, watch what’s happening, don’t knowingly get talked into betting on a loser.

True, after about 6 years the S&P500 recovered from the loss of the Great Recession.  BUT remember, the NASDAQ has still never recovered from the dotcom bust of 2000.

Markets ebb and flow, learn to profit from the trend.

Subscribe to the Wealthsteading Podcast via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano.  For more information visit us at:   www.wealthsteading.com    or    www.investablewealth.com

Copyright © 2014 Investable Wealth, LLC.  All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 5: Embrace Technology & Innovation, Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty

Continuing our 10 part series we discuss wealth building principle #5:   Embrace Technology & Innovation

Don’t fear change.  Don’t be propagandized into maintaining the status quo.  The entrenched establishment will always try to hold onto their power and position.  They’ll fight to the end.  But ultimately innovation always wins out.  Governments, companies, and institutions that don’t accept change eventually fail.

Don’t confuse technology with just computers and software.  It’s so much more.  Technology is the science and study of technique.  All industries, organizations, and people can benefit by improving their technique…from sports to music to manufacturing.

Invest in winners, companies that embrace technology to improve productivity and create new products and services…which enable all of us to have a higher standard of living.

Don’t be a Luddite.

Subscribe to the Wealthsteading Podcast via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano.  For more information visit us at:   www.wealthsteading.com    or    www.investablewealth.com

Copyright © 2014 Investable Wealth, LLC.  All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Episode 4: Identify Value, Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty

We continue our 10 part series with this episode on the 4th wealth building principle:  Identify Value

Becoming financially independent requires wisdom and maturity.  A key component is the ability to identify value.  And it all starts with recognizing value in people (i.e. character).

We discuss identifying value in:  People, Opportunity, Property, and Stocks.  Subjugate your emotions, focus on the cold hard facts.  Look beyond today and try to forecast future value.

Subscribe to the Wealthsteading Podcast via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

For more information visit us at:   www.wealthsteading.com    or    www.investablewealth.com

Episode 3: Production is the source of wealth, Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty

Explanation of the third wealth building principle:  Production is the source of wealth

You don’t get wealthy by simply earning a salary or being an employee.  You need to take on the role of entrepreneur and investor.

We discuss the three phases: Apprentice, Business Model, & Investment Income

Subscribe to the Wealthsteading Podcast via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058