James Schramko Podcast

James Schramko Podcast


942 - Six Critical Wealth Creation Concepts

August 03, 2022

Before you jump headfirst into investing, it pays to consider a few key concepts… [01:36]

This threat has always been around, and it’s a big factor in wealth-building. [05:07]

Did you know everyone has their own personal inflation rate? [08:07]

Inflation is surprisingly not without its upsides for some… [12:15]

A lot has changed since James traveled pre-COVID. [13:22]

Leverage and debt as an inflation play can be risky, but it is being done. [16:41]

In the right forms, leverage is potentially a powerful tool in wealth-building. [20:03]

There’s no escaping tax, but there are ways of managing it. [23:19]

Knowing your timeframe can have a huge impact on your investment choices. [35:30]

Wealth creation has its challenges, but it’s also fun. [40:20]

Grabbing some opportunities inevitably means missing out on others. [43:12]

Six critical concepts again in a nutshell… [48:19]