MI168: How to Build Wealth (Mini-Episode)

IN THIS EPISODE, YOU’LL LEARN: 02:09 - The simple formula to building lasting wealth. 03:47 - The big three expenses to look out for to increase your cash flow. 06:52 - The appreciating assets that Clay tends to invest in. 06:52 - The criteria Clay uses to help determine if he should make an investment or not. 15:06 - What the 4% rule is, and how it applies to investors. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. JL Collin’s book The Simple Path to Wealth. Ramit Sethi’s book I Will Teach You To Be Rich. Related Episode: MI164: What is Money? w/ Jim Crider. Related Episode: MI128: Why Buy Bitcoin w/ Andy Edstrom. Related Episode: MI134: Why Deflation is Key to an Abundant Future w/ Jeff Booth. Related Episode: MI136: The Bull Case for Uranium w/ Justin Huhn. Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance. Follow Clay on Twitter. Get a FREE audiobook from Audible. Check out our Investing Starter Packs about business and finance. SPONSORS Support our free podcast by supporting our sponsors: Toyota Airbnb DeleteMe Yahoo! Finance Fundrise Public NetSuite NerdWallet Connect with Clay: Twitter HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm