Not Me, But You!
Welcome to Not Me, But You! This is likely one of the most ironically titled podcasts since the focus is designed to be on the podcast listeners rather than the podcast creator. I spent half of my life as a school administrator and I want to share with you what I've learned about education, teaching, learning, reaching your goals, attaining your dreams, developing relationships, encouragement, motivation, business, income, and money. My desire is to shine some "psychological sunshine" onto your thinking. I believe it's possible for you and me to attain our dreams in life. But often, many of us need a good teacher, a good mentor, and a good cheerleader in order to help us along the way.
I am confident that you will learn some things from me. But more importantly I want to learn something from you. I will share what I'm passionate about. But I also want to discover what you are passionate about. And by listening, you will discover how to set goals, how to track goals, how to achieve goals, how to select a good "guru" or mentor or teacher or advisor, how to make money and save money. And most of all, I want you to discover what is your most valuable asset and how to gain freedom in your life. (Answer: your most valuable asset is your TIME). How do we do that? By buying and holding assets. But we need to learn which assets are best for us. You can become wealthy by pushing buttons on your phone!
Not Me, But You!
Ep #97 A/B Test- $20,000 In ULTY Vs. $20,000 Used To Sell Cash Secured Puts (dividends vs. options contracts)
Season 2, Episode #97 Not Me But You! Podcast.
Connect/follow me on X at: Waypa Today. Poor people are focussed on buying things. Wealthy people buy/hold assets. Some of those assets pay them dividends (cash flow).
Do you understand the TRUE rate of inflation and how the purchasing power of your money "melts" away over time. So that is why it's crucially important to earn at least 14% per year on your money (your investments).
We use a ROTATION method when are dividends are paid to us. We take 1/2/ of the dividend money and buy FREE shares of the asset that paid us the dividend. We take the other 1/2 and put it into LESS risky investments and/or use it to pay down debt.
Too often we invest with emotion that can prevent us from making good decisions. Tesla may be ONE of the best GROWTH stocks to invest in today, with a 5 to 6 year time frame. Some people estimate that ONE share of Tesla will be $9,000 to $12,000 per share just 6 years from now!
I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.