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Not Me, But You!

Education Podcasts

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. 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.

Location:

United States

Description:

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. 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.

Twitter:

@TodayWaypa

Language:

English


Episodes
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Fred Krueger Post On X On Prices/Ultra High Yield Stocks-How To Identify

1/5/2025
Send us a text Season 2 Episode 24 of Not Me, But You! Podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF There is a changing of the guard coming January 20th 2025. The USA will have a new president that day. Politics can influence financial markets. Be aware of these significant political changes, but don't spend a large amount of time focussing them. Instead, make your focus researching/buying/holding assets. The more assets you acquire, the closer you are to retiring from your job/career, if you choose to. You don't have to retire. But, in life, it's nice to have options. What are your two largest bills each month? For most people it's housing (mortgage or rent) and food. Also some form of transportation like a car payment is likely a significant bill in your budget. What if you could eliminate ONE of these large payments each month? If you could, then you would have that "payment" available in your budget to buy assets! Poor people buy things. Wealthy people buy assets. I cover a post from Fred Krueger on X on in this episode. I also cover articles you will find online that claim to name "ultra high yield" dividend stocks. Be careful! If you aren't earning a yield that is at least 8% a year, then you aren't keeping pace with the true rate of inflation. Many successful investors, I have found, suggest making at least 14%/year so that you are offsetting the effects of inflation on prices which will rise over time. We all need to, at times, police our monthly budgets. Know WHAT you are spending money on. Can you temporarily make that bill go away? If yes, then you have found extra money within your budget to go buy assets with. 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.

Duration:00:29:46

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How To Play And Win The Cash Flow Game

1/1/2025
Send us a text Welcome to Season 2 Episode #23 of Not Me, But You! Podcast. This is the last episode of 2024. We are about to turn the page on a new year in 2025. The future looks bright. But we have to pay attention to our cash flow. Understand that cash flows...two different directions. Cash can flow toward you (like dividend income) or away from you (the money that you spend- give to someone else). In my opinion, most people don't have enough cash flow when they are ready to retire. But they don't teach investing in school, after all. We have to learn it on our own. But if you have a smart phone/internet connection, then you already have all the access you need to learn how to become wealthy. But we need to buy/hold the correct type of assets that will give us an ROI(return on investment) that at least matches the true rate of inflation (8%) or better yet beats the true rate of inflation. Buy/hold assets. Look to cut your expenses, even if it's temporary. Have a general budget and be aware how/where you are spending your money each month. Pay close attention to your actual ROI, your rate of return, the percentage that you are earning on "your pile of money." The rate that you earn, is very, very, very important. Warren Buffet quote: If you don't find ways to make money while you sleep, then you will work until the day you die. I use Charles Schwab as one of my trading platforms. I like them because their app is easy for me to use on my phone. And they have awesome, awesome, awesome customer service. I can easily call and speak with a human being! Use your favorite search engine and learn about Blackrock. Find out what they tell their financial customers. If you want to become rich, then study what rich people do, then go copy it. Rinse/repeat until you are wealthy. It's also important to take care of yourself. Develop good habits to so that you can remain healthy enough to enjoy your wealth. Eat healthy food and get regular exercise. And de-clutter your living space. We often collect things and then don't use them much. Donate, sell, etc some items that you no longer care about owning or simply have not used in the last 6 to 12 months. Buy some assets on a regular basis. Buy assets on a schedule. And build your cash flow every month. Remember that the true rate of inflation is more like an increase of prices of 8%/year. Have courage today, and pick one thing, and work on your dreams. 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.

Duration:00:21:53

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20 Minutes on Coca-Cola Stock (KO) Vs. Bitcoin

12/26/2024
Send us a text Welcome to Season 2 Episode #22 of Not Me, But You! Podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF In just 20 minutes, I break down owning shares of Coca-Cola stock (ticker symbol KO) compared to owning Bitcoin, over the past 12 months. I cover what the total ROI was for each asset in 2024. And I adjust for the true rate of inflation which runs about 8% a year. I explain what I would own and why. If investing and making consistent profit was easy, then everyone would already be rich. Investing and doing it well, over time, is hard. But when you know HOW to evaluate an asset BEFORE you invest, I believe this information gives you an advantage. Have courage today, to pick one thing, and work on your dreams. 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.

Duration:00:21:12

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Merry Christmas And Thank You- December 25, 2024

12/25/2024
Send us a text Welcome to Season 2 Episode #21' Merry Christmas! I believe the future looks bright. I wish you blessings and health and wealth in 2025. And thank you for listening. I appreciate all of downloads. I share one of my favorite life quotes in this episode from Theodore Roosevelt. And I talk about how my family and I both celebrate and reflect on life at this time of year. I feel blessed which implies I believe in a higher power, a being separate from me, who I know has helped both me/family in life. This podcast is not about religious conversion. I'm simply telling you what I believe and why. As always, you make up your own mind about what you choose to both think/believe. I also ALMOST shared another quote from Warren Buffet. But I messed up! I forgot to give the quote in the episode! So here it is: If you don't figure out ways to make money while you sleep, you will work until the day that you die! Please don't let that be you...working until the day that you die (because you have to!). Now if you CHOOSE to work until the day that you die because you enjoy work that much, then go for it. But my ultimate goal that I hope/pray that I inspire you to achieve is for you reach a point where you have OPTIONS in life. Thank you again, and wishing you all a very Merry Christmas and much success in the days to come. Become as rich as you can, and then go help/inspire others! In my opinion, that's a big part of what life is about! As always, have courage today, to pick one thing, and work on your dreams! 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.

Duration:00:26:18

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Don't Be A Bonehead: How Bitcoin Can Help You To Get 126% ROI

12/25/2024
Send us a text Welcome to Season 2 Episode #20 of Not Me, But You! Podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF It's been a volatile week where we saw the price of Bitcoin dip below $100K to $93K. Investing is emotional. To be a successful investor IS difficult. But with consistent effort and struggling through times of self doubt, the reward is well worth it! I have learned that some of the most successful investors have learned to to take asymmetric bets on investments that do involve risk, but the potential payoff if huge! Some of you are doubters. And that's OK. But some of you have a closed mind and THINK that you already know everything that YOU need to know about Bitcoin. But when in reality, you are bonehead and don't fully understand/appreciate how investing in Bitcoin can benefit your life. No matter what you choose to invest in (stocks, cryptocurrency, precious metals, real estate) the MAIN thing we need to do is to continue to buy/hold assets that help us beat (outperform) the TRUE rate of inflation. Some of you who are boneheads ONLY listen to alleged so called "experts." And I tell the story of "experts" who in the past told us that investing in Nokia was better than investing a company called Apple! Shocking, but true. Instead of listening only to "experts" instead, do your own research and find great assets to buy/hold which will change your life! If someone cleans toilets for a living or is CEO of a company, I can learn from both individuals. I don't really care about what your title is in life, I evaluate the information that you choose to share with me. If you are in debt, then you can formulate a plan to get out of debt. But realize, once you are debt free, you are sitting at ZERO in terms of your net worth. I want to see you not ONLY get out of debt but ALSO build wealth so that you can afford to retire one day. Your TIME, not your money is your most valuable asset. When you have control over your time, you are truly a free individual. Am I suggesting you ONLY invest in Bitcoin? No, I'm not. But you will do very well if you invest in growth stocks, dividend stocks, AND Bitcoin! If you doubt this, then please search this name: Michael Saylor. He is billionaire who invests in Bitcoin. Or search "Blackrock" and find out why the largest money manager on the planet is offering a spot Bitcoin ETF to their clients. And find out why Blackrock is now suggesting that their clients have a percentage of their portfolios invested in Bitcoin! Use the free website: stock analysis dot com. And research MSFT and BCAT. Which stock has a higher dividend yield? One website you can use to do your own research is: The Case For Bitcoin. Draw your own conclusion. Have courage today, to pick one thing, and work on your dreams. 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.

Duration:00:26:07

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Cash Flow, Dividend Stocks, Growth Stocks, Bitcoin, Use Your Phone!

12/23/2024
Send us a text Welcome to Season 2 Episode #19 of Not Me, But You! Podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF How do you define wealth? I consider someone wealthy who has enough cash flow (income) to pay all of their bills every month with money left over. Almost half of Americans find that once they are retired, they cannot afford to remain retired. So they return to the work force. This situation/trend is likely due to people underestimating how inflation will cause prices to rise once they are retired. What is your retirement strategy in relation to your "pile of money?" Are you planning on withdrawing 4% from your total pile each year and live on that amount of money? Or are you investing in assets that will pay you monthly/quarterly cash flow (income)? I prefer to use the cash flow approach because then I can get cash flow until the day I die! I can never "out live" my pile of money. Poor people buy things. Rich people buy/hold assets. You may have to change the way that you think. In life, we often benefit from retraining our brains. You can change your life in 4 years. I use Charles Schwab to buy/sell/hold both growth stocks/dividend stocks that pay me cash flow on a schedule. Their site/app are great. Their customer service is fantastic. Buy/hold assets if you want to create your own pension income and if you want to become wealthy. Study what wealthy people do, then go copy it! You can do this. Have courage today, to pick one thing, and work on your dreams. 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.

Duration:00:30:47

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Big Mac's Will Cost $60 One Day! How To Afford Retirment

12/21/2024
Send us a text Welcome. Season 2 Episode #18. Not Me, But You! Podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF Yes Big Mac's at Mcdonalds will cost $60 per sandwich one day! Why? Due to inflation which causes prices to rise over time. A basic vehicle may cost $250,000. The prices of everything will rise dramatically in the future. Am I trying to depress you? No. But we should, as investors, prepare for retirement by buying/holding assets that outpace the true rate of inflation. Successful investing, over the long term, requires courage and consistency. If it was super easy, then everyone would be rich! But we must make our goal to buy/hold assets that outpace the true rate of inflation. That is our main goal. Next we have to ask ourselves, "What is our goal? Do we want growth? Do we want to build cash flow?" Depending on your goal, helps determine what type of asset you want to buy/hold. And what is your plan for your pile of money when you retire? Do you want to withdraw 4% every year (draw down on the principle)? Or do you want to preserve the principle and simply live off the cash flow (interest that the pile of money produces) ? Wealthy people buy/hold assets. Poor people buy things. And wealthy people their MOST valuable asset, that they can only spend one time, IS time! Yes, time, is your most valuable asset. Not your 401K, not your 403B, not your stock portfolio, not your crypto currency wallets, not your real estate etc. More than anything, I believe, that most people retire, without enough cash flow! So I stress buying/holding high yield dividend stocks. And I believe that most people are unaware of the true rate of inflation that will cause the price of everything that they buy, over time, to increase dramatically. People who disagree with me will be fine in retirement, as long as they don't outlive their pile of money! What if you live longer than you expected? What is your personal costs rise much quicker than you expected? What if you have to keep increasing the percentage of your pile of money that you have to withdraw to live on each year? Food for thought. And this is why I stress CASH FLOW over just accumulating a big pile of money to retire with. Did you buy any assets today? Have courage today, to pick one thing, and work on your dreams. 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.

Duration:00:20:39

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The Big Picture- Investing Is Not The Same As Gambling- Buy/Borrow/Die Strategy

12/21/2024
Send us a text Welcome. Season 2 Episode #17. Not Me, But You! Podcast. Consider leaving a 5 star review. Follow us on Spotify. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF If you want to become wealthy, then first study/learn what wealthy people do. Learn HOW they think about money. Educate yourself on the strategies that they utilize. Investing is NOT the same as gambling. But it does involve calculated risk. The only way I want to walk into a casino, is if I own the casino! What is the golden rule? He/she who holds the gold, gets to make all of the rules! Wealthy people buy/hold assets. Poor people buy things. Wealthy people treat their money like employees that they need to manage in order to obtain a desired result (make profit/increase cash flow). Two to three years ago, Solana (crypto coin) was costing $9 to $20/coin. Today? Solana is worth $200/coin! How is that ROI? Pretty good right? Is it better than investing in the S&P 500? Our main goal, as successful investors is to beat the TRUE rate of inflation with our investments. By beating the rate of inflation, we actually build true wealth and "get ahead" in life. If we only MATCH the true rate of inflation (about 7% to 8% per year) then all we are doing is "treading water" in terms of the "purchasing power" of our pile of money! What is the buy, borrow, die strategy that wealthy people utilize? And how does using this strategy save wealthy people from paying additional taxes on their gains? I cover this strategy in this episode. How will the USA developing a "strategic Bitcoin reserve" in 2025? What is you were holding enough Bitcoin, that you could take a loan against it? Would you owe taxes on your Bitcoin gains by doing this? Have courage today, to pick one thing, and work on your dreams. 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.

Duration:00:38:59

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Math Makes By Brain Hurt! Easy Investing Using Your Phone!

12/18/2024
Send us a text Season 2 Episode #16 of Not Me, But You! Podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF Math makes my brain hurt! I don't understand money or investing! Do you know how many times I've heard people say things like this? Too many times to count. But there is hope for you if you feel this way. You might feel that you can't ever learn how to invest on your own. The truth is: anyone can learn to invest and all you need is your smart phone and some courage. Believing you can learn something that you THINK you're bad at can be life changing. You can do this! Why do you need to invest/buy assets/hold assets? Answer: Because that is what wealthy people do. If you want to also be wealthy, you must buy assets, not things! There won't be any complicated math formulas or tough to understand/interpret charts talked about in this episode. Just very easily understood honest explanations about basic investing concepts. Have courage today, to pick one thing, and work on your dreams. 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.

Duration:00:30:44

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Cash Flow: Your Best Pathway To Retirement

12/16/2024
Send us a text Welcome to Season 2- Episode 15 of Not Me, But You! Podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF Bitcoin has hit $106,000 per coin! It is the best performing asset on the planet. But Bitcoin does not necessarily give us cash flow. Bitcoin gives us the opportunity for phenomenal growth. Did you buy any assets this week? Are you buying and holding assets that give you two things: 1) Cash Flow, 2) Growth. In the future, we will need a bigger pile of money to pay for things/services as the cost of those things rises over time. It's great to have money saved. But WHERE are you saving it? What rate of return are you getting on your pile of money? Do you also have monthly income (cash flow)? Budgets are not fun, cool or sexy. But having a budget is one pathway that gets you to become wealthy. What are your three biggest bills (costs) every month? For most people it's housing, food, transportation (car payment). Why are you working and when will you retire? When will you be able to afford to retire, when you no longer need the income from your job because you have created your own income (cash flow). Some people think they just need to acquire a big enough pile of money and then when they retire, they will spend 4% of the total pile of money to live on each year. But using this method, what if you run out of money? What if prices rise so much that you need to spend more than 4% every year? What if you live longer than you expected to live and you run out of money? Instead of spending my principle balance, I prefer to build cash flow. By taking this approach you will live of "the interest" and not spend the principle. You will not take out 4% per year from your total pile of money! I use Charles Schwab as my brokerage account to buy/sell both growth stocks/dividend stocks. I also use the free website, Stock Analysis.com to research stocks. And I buy/sell crypto INSIDE of a Roth IRA at I Trust Capital.com. None of these sites/companies are sponsors of the podcast at this time. So I don't make any money telling you about them! Do you have a traditional IRA? Do you have a Roth IRA? It matters what you invest in inside the IRA and Roth IRA containers? What is your rate of return? Does you rate of return beat the true rate of inflation? Do you have a 401K or 403B retirement account at your job? If you do, does your employer give you match (free money your employer adds to your account)? What is the vesting schedule for the employer match? Failure is never final, unless you choose it to be. We all make mistakes. But we can recover and move on from mistakes! Buy some assets today. 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.

Duration:00:29:41

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Bitcoin Hit $103,000! We Made History Today.

12/5/2024
Send us a text Season 2 Episode 14- Bonus episode of Not Me, But You! What a historic day! December 4, 2024. Bitcoin has hit a new all time high price! Bitcoin over $100,000 per coin! Bitcoin is the best performing asset on the planet. This is how you get rewarded for buying/holding high performing assets. Bitcoin runs in 4 year cycles. And at some point, every 4 years, it reaches a new all time high price! BlackRock and Fidelity are selling a financial product (a Bitcoin Spot ETF) that is directly linked to Bitcoin! Would some of the largest financial companies on the planet, “invest” in Bitcoin if it was a scam? Your money (in my case, dollars) has one job…to have babies! Your money has to make you MORE money. We all will benefit from buying/holding slices of Bitcoin. And we can also benefit from buying “Bitcoin proxy assets” like MSTR stock. Or MSTY ETF. Do your own research! There is risk involved. Two type of stocks (assets) we share hold but/hold…growth stocks and dividend stocks that pay us dividends and give us cash flow monthly/every 3 months. We need to buy/hold assets that pay us a high enough rate of return, that outpaces the rate of inflation. If you don’t, how will you possibly afford to buy a Big Mac at McDonald’s when it will cust $70 per sandwich! That’s inflation causes prices to go up over time! Retrain your brain to think like wealthy people think. We all need assets to grow and increase in price over time. We all need cash flow! Have courage today to pick one thing, and work on your dreams. 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.

Duration:00:19:38

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With Bitcoin Purchasing Power Goes UP Over Time

12/5/2024
Send us a text Welcome to Season 2 Episode 13 of Not Me, But You! podcast. People are making a lot of money in cryptocurrency. There is no "unicorn investment." There is no investment that is 100% guaranteed and 0% risk! We can work to minimize risk but totally eliminating it shouldn't be our goal. Risk can be our good for us if we buy/hold the correct type of assets. Failure is OK as long as we learn from our failures. Keep going. Don't give up. Failure is NOT the worst thing that can happen to us. Each failure gets us one step closer to ultimate success. We need to retrain our brains in how we view/think about the possibility of failure MSTR is a company that actively buys/holds Bitcoin on its balance sheet. Check out how this strategy has caused the price/share to increase dramatically. Some US states have announced they will invest in Bitcoin. Also some countries have said the same. Will 2025 be the start of a race for several countries on the planet are all trying to accumulate Bitcoin at the same time? How much Bitcoin will you choose to accumulate? Will you buy any? Will you accept the risk of investing in cryptocurrency? What if I told you that crypto is a pathway for you to upgrade your life? How would your life be different if you had no more debt, no more mortgage/rent payment, no more car payments? Bitcoin is a cryptocurrency. But it is unlike any other cryptocurrency. Bitcoin is in a universe by itself. It’s different and unique. It’s special and valuable. And the purchasing power of any money I store in Bitcoin, goes UP over time. 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.

Duration:00:30:21

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Do You Like Free Money? (Dividend Stocks)

12/3/2024
Send us a text Welcome to Season 2 Episode 12 of Not Me, But You! Podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click my link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF Do you like "free" money? Then do your own research and then do what wealthy people do- invest in dividend stocks. Buying/holding dividend stocks will produce cash flow. You know, just the pension you may have or wish you had. After all, what is retirement? It's when you have enough cash flow to pay all of your bills and have money left over! Isn't that the place in life, we are all trying to get to? Holding dividend stocks that pay you on a schedule is the most passive form of passive income. You simply buy the stock once, and then you get paid! Are dividend stocks risk free? NO! But show me the "unicorn investment" that we are all searching for. Where is the investment that has zero risk and is 100% guaranteed? Answer: It doesn't exist on planet earth! ALL investments carry some form of risk. Pay attention to yield(percentage you earn on your money invested) and pay attention to the dividend history. How consistent is the dividend? How often does the dividend change (up or down). Look at the price history of the cost of one share of the dividend stock. Dividends are paid to shareholders(you/me who hold shares of the dividend stock) on a schedule- either monthly or ever three months. Cash flow is king! Especially consistent cash flow. We cover advantages/disadvantages of buying/holding dividend stocks inside an IRA (individual retirement account) and outside of an IRA. Also we talk about Roth IRA's. But these "special financial containers" have special rules. They have dollar limits that you can deposit into the IRA each year. If we invest in a regular brokerage account (non IRA account) there is NO LIMIT to the amount of money we can invest into dividend stocks. I don't ever have my dividends automatically reinvested into the same stock that paid me the dividend. Instead, I opt to have the money deposited into my cash account that is part of the brokerage account or IRA account. Then I have options. I can choose a different stock to invest that dividend money into. I can withdraw the dividend money and get it deposited into my regular checking account. Or I can take the cash from the dividend and go buy "a slice" of growth stock. The "slice" is a portion of whole share of stock. I like having options and choices. We must select dividend stocks that pay a yield that is more than the rate of inflation. Personally, I try to make at least 14% on money. If a dividend stock only pays a 3% dividend, then I pass on it. That doesn't meet my requirements to invest. Now I do invest in some growth stocks that also pay a 3% dividend. But I'm getting share price appreciation on the growth stocks AND a very small dividend. See the difference? It matters what our investment goal is. Are you investing for growth or investing for cash flow? The answer matters and helps us select the correct stock to buy in order to meet the goal. Have courage today, to pick one thing, and work on your dreams! 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.

Duration:00:20:55

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Money And Freedom 2.0

11/30/2024
Send us a text Welcome to Season 2 Episode 11. Not Me, But You! Podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click my link here: There is another episode in Season 1 with the same title as this one. I thought I would revisit some of those same topics from that original podcast that I did and add in some new ones also. I use Charles Schwab to buy/sell/hold stocks and ETF's and closed end funds. I don't get paid to tell you this, I just like them and find their phone app easy to use. Inflation is like the noon day sun on a summer day, The sun shines on your pile of money that you have saved. Your pile of money is an ice sculpture. Strong but it will melt over time from the heat of the sun. The "melting" that occurs is your purchasing power of your saved money draining away! So how do you preserve purchasing power? Great question! You buy/hold assets that either bring you cash flow (more money) and/or assets that are worth more over time. You could sell your asset that is worth more today than say 2 years ago when you first purchased it. Get the idea?? So if you buy/hold things, you get beat up by inflation. If you buy/hold assets, inflation actually helps you! Wrap your brain around this concept and make sure you fully understand it. This will help you to become wealthy, once you do understand this. Why do we need cash flow? Answer: so we can pay our bills each month. Also cash flow gives us a bigger pile of money. It grows our pile of money, so that when prices rise in the future (from the effects of inflation) we can afford those same items that will definitely cost us more, in the future. Get the picture? The rate of return that we earn on our assets is very, very important. We want to earn at least enough to keep pace with the true inflation rate. And we want to earn MORE than the rate of inflation, when we can too. Both scenarios are good for us. How do you cut your expenses? By having a budget which shows you where/how often you spend your money. Are budgets fun? Absolutely not. But they are necessary and can be temporary. What if I told you if you lived on a budget for just 4 years, your life in 4 years would be very, very different, in a good way from how it is today? That's possible! But you have to be willing to change your thinking and be willing to "sacrifice" for at least 4 years. You decide. Only you can decide. Most things that we choose to spend money on are not NEEDS. Mostly they are "wants"- things we simply tell ourselves we "need!" Bitcoin is the best performing asset on the planet. You will start to see some financial planners recommending people hold at least 10% of your portfolio either in Bicoin directly or a Bitcoin related assets. Buying/holding dividend stocks bring you cash flow. Buying/hold growth stocks bring you asset appreciation. Buying/holding Bitcoin gives you both asset appreciation and INCREASES your purchasing power over time. If Bitcoin is "bad" then why is Blackrock and Fidelity selling a financial product that is directly linked to Bitcoin? Buy/hold assets. Buy a new asset on a schedule. Every week, every month. DCA into assets. This is your blue print to become wealthy. It's your path to money and freedom. Have courage today to pick one thing, and work on your dreams! 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.

Duration:00:21:53

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Bitcoin Is A Fraud, A Ponzi Scheme! Or Is It?

11/28/2024
Send us a text Welcome to Season 2 Episode 10 of Not Me, But You! podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click my link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF Don't play "The Bitcoin Look Back Game." Find assets that you can buy/hold. then rinse/repeat. Why were you told to study, get good grades, go to college, get a degree, get a good job? So you could retire one day. Do you realize 44% of Americans can NOT afford to retirement? They don't have enough cash flow. The don't hold enough assets! Once you understand inflation and how it affects your pile of money, you will become a better investor. You want a basic definition of inflation? It causes prices to go up! So you will need more and more money each year to keep pace with rising prices. Do you like math? No, you don't. OK. Perfect. Can you do simple math? Can you add/subtract/multiply using the calculator on your phone? Can you pick the bigger number?! Is 4% or 20% return on your money better? That's how "difficult" getting wealthy truly is. Your pile of cash in the bank is like an ice sculpture. And inflation is like the noon day sun on a summer day shining down on your pile of cash. Inflation is "melting" the purchasing power of your pile of money! Once you understand this you will start finding assets to purchase with your money that OUTpace the rate of inflation. That's the pathway to becoming rich. Dave Ramsey is great at getting people out of debt. But does he understand Bitcoin? Jamie Diamond, from JP Morgan Chase called Bitcoin a fraud and then his company, behind the scenes, was working to acquire Bitcoin! Have you figured out the game yet? I use Charles Schwab to buy/sell and hold growth stocks/dividend stocks. Have courage today, to pick one thing, and work on your dreams. 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.

Duration:00:37:18

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Bitcoin to 100K- When is Bitcoin Too Expensive To Buy?

11/26/2024
Send us a text Welcome. Season 2 Episode 9 of Not Me, But You! Podcast. We cover the concept of make it your goal to buy/hold assets. Why? Because that is what wealthy people do. Buying/holding assets allows people to benefit from the inevitable inflation that will occur. Use inflation to YOUR advantage by buying/holding assets. Which assets? Growth stocks/dividend stocks/Bitcoin. What are some growth stocks? Apple, Google, Microsoft, Costco, etc. What are dividend stocks? They are assets that pay you money on a schedule! Some pay monthly, some pay every 3 months. Either way, it's CASH FLOW. It's cash flowing TO you instead of AWAY from you(like when you buy things that are NOT assets). Cash flow is KING! Why? Because with cash flow, you can buy more growth stocks/Bitcoin with the "free money" you are getting in dividends. I use Charles Schwab for buying/selling stocks. I find their platform very user friendly and they have great customer service. Not a sponsor. I just like them a lot. I feel they value me as a customer and treat me well. When I have a question, I call them and I actually get to speak with live human being! Imagine that! And their employees are helpful and knowledgable. Time is your most valuable asset because you can only spend it once. What is retirement? When you have enough cash flow to pay all of your bills each month with money left over. That is when you, in effect, purchased all of your time back. Because when you're retired, you can choose to spend your time any way you wish. If you can't afford to "pay yourself first" with each paycheck then you probably need to restructure your budget. And you may only need to follow a budget for 4 years (maybe 8 years). After 8 years of both budgeting/buying assets, you will likely be wealthy enough that you NEVER have to live on strict budget again! 44% of retired Americans are finding out they have to return to work. Why? Because their fixed income isn't enough cash flow to outpace the rate of inflation. We must invest in assets that provide a high enough rate of return so that we outpace inflation. That is the path to never ending wealth. For people who never figure this out, they will work until the day they die! This doesn't have to be you, if you build enough cash flow into your budget by buying/holding assets. Bitcoin is a cryptocurrency. But understand that Bitcoin is in a universe by itself. There is no other crypto like it. There is a limited supply of Bitcoin. There is only so much to go around. It's going to get more scarce(and expensive) as time goes on. Retrain your brain to think in 4 year cycles. Why? Because your life can be hugely improved in 4 years. Bitcoin runs in a 4 year cycle. It's volatile within that 4 years. But every 4 years, Bitcoin reaches a new All Time High price! That's why you should own some. Don't play the "look back game" with Bitcoin. What are some people saying today? If I only had the chance to buy Bitcoin when it was only $18,000/coin. But guess what people will say 4 or 5 years from today? That's right. If only I could have bought Bitcoin when it was only $100,000/coin. It's now 2028 or 2029 and one Bitcoin is $500,000. Don't play this look back game. It's silly. Go buy some assets! You will be glad you did, 4 years from today. Have courage today, to pick one thing, and work on your dreams. 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.

Duration:00:29:26

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Bitcoin. The Best Performing Asset On The Planet! (If You're Consistent and Patient)

11/23/2024
Send us a text Welcome to Season 2 Episode 8 of Not Me, But You! Podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF In this episode I explain why Bitcoin is unlike any other cryptocurrency and why I choose to park my "pile of money" in Bitcoin. It IS indeed the best performing asset on the planet. It IS also volatile and the price moves up/down in 4 year cycles. That should cause to you pause briefly, and do your own research. That price movement in 4 year cycles should NOT prevent you from investing in it. How do we overcome the inevitable effects of inflation (fiat money printing)? Answer: BUY ASSETS. But WHICH assets we buy/hold ARE very important. Go to Investopedia.com and search "Bitcoin price history." Look at that very easy to interpret graph. And look at the overall trend. Every 4 years, Bitcoin reaches a NEW all time high price! So by parking "my pile of money" in Bitcoin, my purchasing power doesn't go down over time, it actually goes UP!! Once you fully understand this feature of Bitcoin, you will begin to understand why it is better than growth stocks and better than gold/silver and better than leaving your money in bank account. A pile of money sitting in bank account earning an extremely low rate of interest each YEAR is like a slowly melting ice cube. The "melting" is your purchasing power of that pile of money declining over time. Consistently investing in Bitcoin, and being patient will help to change to your life! But you can't give up and panic sell when someone tells you, "It's all going to zero!" You have to simply stay the course and keep buying slices of Bitcoin. Whatever dollar amount you can afford. Being consistent will help you to win this race. You have to hold Bitcoin for a minimum of 4 years. If you want to be a serious investor, you should have a 10 year plan. You should have a strategy for the next 5 years and 10 years from today. Bitcoin is NOT cash flow. We all need cash flow each month to pay our bills. But we need growth also. We need a high enough rate of return on our assets that we buy/hold so that we can beat the rate of inflation. That is the only way you will end up with enough money to live your life today but also live your life until you pass on. 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.

Duration:00:58:19

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How To Pick Stocks For Cash Flow/Growth

11/22/2024
Send us a text Season 2 Episode 7 of Not Me, But You! Podcast If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Referral link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF The rate of return (yield if you invest in dividend stocks, ROI= Return On Investment) that you earn on your investments is very important. In this podcast, I explain how to pick assets with high rates of return. I also talk about growth stocks as well. Think of your overall investment strategy being like a train. A train runs on 2 parallel tracks. But the individual tracks are separate, they are different. One of those train tracks (rails) is dividend stocks. The other track (rail) is growth stocks. What are growth stocks? All the names of companies you already know: Apple, Google, Amazon, Microsoft, Nvidia, Costco, Home Depot etc. These growth companies typically pay very SMALL dividends. In part, because you make your money by "share price appreciation." That is the price/share going up about 10% every year. Dividend stocks are "passive income." They pay you money (a dividend) on a schedule. The schedule is usually monthly or every quarter (every 3 months). Inflation pushes consumers to spend more money. Why? Because inflation causes prices to rise on the products/services you continue to buy each year. We need to invest in assets that pay us a high rate or return that will outpace the rate of inflation each year. By doing this, we preserve our purchasing power of the pile of money that we hold. What if you can't afford to buy "one whole asset?" Then buy "slices" of assets. I explain how to do this. I tell you which free website I use to pick high yield dividend stocks/growth stocks. I tell you how to evaluate/compare stocks. Warren Buffet once said, if you want to be wealthy, then you need to find ways to make money while you sleep! I buy assets that either pay me on a schedule (bring me cash flow) and/or that go up in value each year, at a rate that is GREATER than the rate of inflation. If you only have a small amount of money to invest each month, then you may want to begin with high yield, low cost per share, dividend stocks. Don't start with expensive (high cost per share) growth stocks. You can add in growth stocks later. But of course, in life, there are always exceptions to every rule! Have courage today to pick one thing, and work on your dreams. 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.

Duration:00:25:27

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Change Your Life? Budget To Become Wealthy

11/21/2024
Send us a text Season 2 Episode 6- Not Me, But You! Podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Referral link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF Budgets! They sure aren't sexy! They are, in fact boring. Most of us RUN when we hear the word "budget." We avoid budgets because we don't believe we can stick to them. We avoid budgets because we feel that they take away our freedom. Ironically, budgets can help turn poor people into wealthy people. Budgets can be temporary. Rich people buy assets, poor people buy things. By having the courage to stick to a budget, temporarily, you can become rich! Then you don't ever have to budget again, if you don't want to! Budgets help you understand WHERE you are spending money. And if you can find an existing $20/week that you are already spending and instead buy an asset(or a slice of an asset) that simple habit can help to change your life! Make it your goal each week/month to buy new assets. If you already have assets, go buy more! By acquiring/holding more assets, you will help to counteract and even benefit from the effects of inflation on prices. The cost of things goes one way, one direction, UP! So if you already know that prices are going to rise, then you better buy some assets so that you are prepared when things cost more next year, than they cost today. Keeping large amounts of cash in a bank account is not smart. Your cash is a melting ice cube in terms of purchasing power. We are all losing purchasing power over time by holding onto cash. Instead we need to store our money IN assets. If you don't have any extra money to invest in assets, then that is why you NEED a budget. To help you find money, free up money, to go buy some assets. Do you want to level up? You already own some assets. Now go buy assets INSIDE of an IRA or a Roth IRA. If you are in debt and follow a guy like Dave Ramsey, he is great at teaching people how to get out of debt. But once you're debt free, you "sitting at zero." So how do you become wealthy? How do you retire? That's why you need BOTH a budget and to buy/hold assets. Some assets produce growth for you (buy low, sell at a higher price). Some assets bring you CASH FLOW! That's money flowing TO you on a schedule. The best performing asset on the planet? Answer: Bitcoin! Go buy "a slice." Use the CoinBase App on your phone. Link the App to a checking account. Buy Bitcoin and then transfer it to either a digital wallet (hot wallet) or "cold storage device." Cold storage is either a credit type card digital wallet or a flash drive that isn't connected to the Internet. I will do separate episodes on Bitcoin and where to store your crypto. Email me at WAYPATODAY@ gmail. com Have courage to today, to pick one thing, and work on your dreams! 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.

Duration:00:23:00

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Rich People Buy Assets, Poor People Buy Things

11/19/2024
Send us a text Season 2 Episode 5 of Not Me, But You! Podcast. If you like my content and you want to support me in my creative effort of making this podcast, and if you are interested in buying/selling crypto and gold/silver INSIDE of an IRA, then use my referral link to I Trust Capital dot com. https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAF Once you embrace this concept that rich people do indeed buy assets and poor people buy things, then you are on your path to become wealthier. It's the constant consumerism of poor people getting new money into their bank accounts and then immediately asking themselves, "What new thing can I buy?" that KEEPS them poor! Ironic isn't it? Rich people ask themselves a different question: "What asset can I buy with my new money?" Rich people increase their "cash flow" by buying assets on a schedule. DCA-ing is "dollar cost averaging" which by definition is buying an asset on a schedule WITH consistency. Think of your investment journey as a train that travels on two parallel tracks. One track is growth stocks(Apple, Microsoft, Google, Tesla, Nvidia, Home Depot etc). These growth stocks are all names of companies you already know! You gain money by the price per share going up over time. But dividend stocks that can pay a high yield (dividend, rate of return on your money) are often companies you likely haven't heard of. You gain money on a schedule(monthly or quarterly) in the form of a dividend payment that the company pays you simply for owning shares of stock! True passive income! You can't get any MORE passive than that! When a poor person buys things, money flows AWAY from them. When a rich person buys an asset, money flows TO them! Wrap your brain around this concept. Make it your goal each week/month to buy more assets and less things. After you have a solid foundation, and have "cash flow" coming to you from the assets you own, THEN you can go spend money on anything that you want. How do you buy stocks? Use a stock trading platform. My personal choice is Charles Schwab. I like the user friendly website and phone app. I also really like their customer service. I can talk to a human being easily when I have a question! What Are You Passionate About Today? Email me at WAYPATODAY@gmail.com Have courage today, to pick one thing, and work on your dreams! 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.

Duration:00:24:35