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449: News of the Week 07/31/24

In today’s Wealth Formula podcast, Buck and Zulfe dive into franchise ownership as a business strategy, emphasizing its appeal for those who excel at execution. They highlight the visibility of capital requirements, expected revenues, and profitability that franchises offer, while also noting the significant time and resources required, making it less of a passive investment.  […]

448: Income is Different from Wealth

When I talk about the mathematical Wealth Formula, I describe it as Wealth = Leverage (Mass X Velocity). For you physics geeks out there, you can see that I’m ripping off Newton a little bit. In this equation, velocity is your rate of return and leverage is debt such as a mortgage that amplifies positive […]

Taking Advantage of Uncertain Times

Buck talks about the impact of uncertainty, particularly during presidential election cycles, on decision-making and offers advice on how to navigate through uncertain times.

447: News of the Week 07/24/24

This week, Buck and Zulfe discuss various topics related to wealth and finance. They start by talking about the mindset of the wealthy and the common denominators among successful people. They also discuss recent political events and their potential impact on the market. They then delve into the current state of interest rates and how […]

446: The Wealth Thermostat

The idea that individuals gravitate towards their perceived financial worth can be observed in various real-world scenarios. Consider the case of lottery winners. Research has shown that a significant percentage of lottery winners eventually revert to their pre-lottery financial status within a few years.  Despite the sudden influx of wealth, these individuals often lack the […]