- WOLF Financial
- Posts
- šŗ Learn From the Two Biggest Names in Finance...
šŗ Learn From the Two Biggest Names in Finance...
Here are their strategiesāand how you can apply them to your own journey.
Hey there!
Welcome to the WOLF Financial Newsletter.
Join over 13,000 savvy investors building wealth and mastering advanced investing strategies live on Twitter Spaces. Subscribe below to be part of the action:
WOLF Financial has driven liquidity, user growth, and brand awareness across TradFi and Crypto through marketing, advisory, and partnership services. See more Here.
Robert Kiyosaki & Dave Ramsey are the two biggest names in personal finance.
Yet they have completely different opinions on how to grow their wealth.
Here are their strategies and who you should model after:
Iām excited to introduce something newā the Peerless Option Income Wheel ETF ($WEEL), the first-ever ETF offering turnkey access to the popular Option Wheel strategy.
$WEEL is actively managed with a single goal: to generate current income. Using a combination of secured put writing and covered-call writing, it aims to provide equity-like returns with less volatility than major indexes.
Whether you're diversifying or seeking steady income, $WEEL offers a unique solution tailored for todayās market. Check out this innovative approach to income generation here:
Dave favors conservative investment strategies like mutual funds to accrue wealth over your life.
As opposed to more ārisk-seekingā strategies like individual stocks or real estate.
He also despises all debt except mortgage debt, which he advises you pay off ASAP.
Daveās program takes you through 7 baby steps:
Pay off debt
Invest for retirement
Save for emergencies
Build wealth and give back
His suggestions are fairly cookie-cutter, but itās not bad advice by any means.
Robert, on the other hand, has a more aggressive ācalculated riskā approach.
He advises people who want above-average returns and a more active role in their wealth.
Whether itās a more concentrated portfolio of stocks or real estate, whatever works for you.
Unlike Ramsey, Robert doesnāt have a problem with debt.
Provided that debt is earning him more than heās paying for it.
He understands that we live in a debt-based economy, and the game has changed.
So, which expert has the best approach to wealth?
That entirely depends on how active you want to be with your finances.
I personally blend the two ā but itās entirely up to your style.
Objectively speaking, Robertās approach helps you attain wealth faster.
Provided you donāt make any crippling mistakes, of course.
Itās also a more fun approach to investing in general.
Or you can take Ramseyās safer approach.
Either way, you canāt go wrong.
The beauty of investing is weāre blessed with so many options.
Whether itās the industries you invest in or the level of risk you want to take.
Thereās an approach that suits everyoneās preferences out there.
Which Edition of our Newsletter has been your Favorite to Read? |
|
|