Blue Collar Millionaire Show - What is an Investment? Debunking Financial Myths
Manage episode 451898331 series 2820962
Welcome to another insightful episode of The Blue Collar Millionaire Show hosted by Chad Hufford, where we celebrate the hardworking heroes of the working world. This week, Chad dives into one of the most misunderstood concepts in personal finance: What qualifies as an investment?
In this episode, Chad and Greg discuss:
- The difference between true investments and necessary expenses.
- Why houses, cars, and side-by-sides often aren’t the investments people think they are.
- The beauty of investments that produce income, such as mutual funds and rental properties.
- How debt can amplify both risks and rewards in real estate.
- The psychology behind market fluctuations and why patience is key in long-term investing.
If you’ve ever wondered whether your financial decisions align with the principles of wealth-building, this episode is for you. Chad shares practical insights and real-life examples to help you make smarter money moves and build a foundation for financial freedom.
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DISCLOSURE-
The information expressed is for general information only, and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney or tax advisor with regard to your individual situation. Hypothetical investment results are for illustrative purposes only and should not be deemed a representation of future results. Representative is registered with and offers only securities and advisory services through plan member securities Corporation, a registered broker dealer, investment advisor and member FINRA SIPC, 6187 Carpinteria Avenue. Carpinteria, California, 93 013 800-874-6910 Veritas, Wealth Management and plan member securities Corporation are independently owned and operated so.
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