499 episodes

Your one stop source for wealth-building education.

Wealth-Building Made Simple Phillip Washington Jr.

    • Business

Your one stop source for wealth-building education.

    A Paradigm Shift in Wealth Creation

    A Paradigm Shift in Wealth Creation

    Key Takeaways:
    Credit creation is the primary driver of money supply expansion in modern financial systems, overshadowing the actual printing of physical currency.
    The value of money aligns with productivity when credit expansion and productivity are in balance; an imbalance can lead to a loss of money value.
    Wealth accrues on restrictive properties within stable legal systems, with ample opportunity for credit growth; bitcoin possesses these attributes, setting it up as a lucrative asset class.
    Bitcoin as a new avenue for wealth creation, underscoring its scarcity and decentralized structure.
    Investors must adapt to a financial landscape where virtual assets like bitcoin complement the physical economy, resulting in an evolved strategy for asset and wealth building.
    Chapters:
    Timestamp Summary
    0:05 Bitcoin as the New S&P 500
    1:29 Credit Creation as the Lifeblood of Financial Systems
    4:26 Building Wealth Through Property and Credit Creation
    6:19 Tracing the Evolution of Legal Systems and Human Progress
    8:41 Blockchain’s Revolutionary Impact on Property Rights and Wealth
    10:45 Strategic Policies That Strengthened the US Dollar’s Global Dominance
    12:43 Bitcoin’s Impact on Wealth Expansion and Investment Returns
    14:52 Distinguishing Trend Changes from Performance Chasing
    17:06 Bitcoin’s Potential to Transform Traditional Wealth Building
    Powered by Stone Hill Wealth Management
     
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    Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
     
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    Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

    • 19 min
    The Power of Leveraging Assets for Wealth Growth

    The Power of Leveraging Assets for Wealth Growth

    Key Takeaways:
    The "Buy, Borrow, Die" strategy is designed for high-net-worth individuals aiming to maximize their legacy while minimizing tax exposure.
    Leveraging appreciable assets through loans can prevent capital gains taxes and provide a means to acquire additional assets.
    It's crucial to understand and manage the risks, ensuring that assets have sufficient revenue or net worth to cover loan repayments.
    On the death of the asset holder, heirs receive a step-up in basis, which can significantly reduce or eliminate capital gains tax on inherited assets.
    Leverage can be a powerful tool for wealth generation, but it must be approached with care and in alignment with a robust financial understanding.
     
    Chapters:
    Timestamp Summary
    0:05 Exploring the ‘Buy, Borrow, Die’ Strategy with Experts
    1:43 Strategizing Wealth Transfer for Millionaires’ Legacies
    2:30 Leveraging Art Assets for Tax-Efficient Acquisitions
    3:31 Strategies and Risks of Financial Leverage
    5:53 Understanding Investments and Loan Terms
    6:19 Strategic Asset Inheritance and Tax Avoidance
    7:51 Leveraging Credit to Build Wealth and Asset Appreciation
    8:35 Strategic Financial Planning and Thoughtful Investment Advice
     
    Powered by ReiffMartin CPA and Stone Hill Wealth Management
     
    Social Media Handles 
     
    Follow Phillip Washington, Jr. on Instagram (@askphillip)
     
    Subscribe to Wealth Building Made Simple newsletter
    https://www.wealthbuildingmadesimple.us/
     
    Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
     
    WBMS Premium Subscription
     
    Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

    • 10 min
    Harnessing the Power of Human Imagination and Analytics

    Harnessing the Power of Human Imagination and Analytics

    Key Takeaways:
    Human Imagination versus Analytics: Discover the distinction between the repetitive cycle of the analytical mind and the boundless potential of human imagination in creating wealth.
    Breaking the Financial Loop: Learn the importance of shifting your emotional response to money in order to break free from self-limiting patterns.
    Flow State in Wealth Building: Understand how achieving a flow state can enhance wealth acquisition by aligning your actions with an elevated emotional state.
    The Power of Emotion: Realize that the work of changing your financial destiny begins within, by nurturing positive emotions towards money.
    Transcending Time: Grasp the concept of transcending time by harmonizing with a feeling of wealthiness, allowing a higher intelligence to orchestrate the timing of manifestation.
     
    Chapters:
    Timestamp Summary
    0:05 Investment Strategies and Overcoming Inflation
    1:12 Decoding Life’s Patterns Through Music and Metaphysics
    3:22 Wealth Building Through Understanding the Unperceivable
    5:57 Innovation’s Role in Solving Humanity’s Greatest Challenges
    6:36 Breaking the Analytical Loop with Imaginative Thinking
    9:27 Unlocking Imagination and the Dangers of Mental Programming
    11:01 Emotional Loops and Financial Mindsets
    11:54 Transforming Wealth-Building Through Imagination and Emotion
    14:12 Manifesting Wealth Through the Power of Imagination
    15:09 Expanding Imagination to Reach Genius Through Personal Growth
    16:19 Harnessing Inner Peace for Manifesting Desires
    19:41 Transcending Physicality Through Consciousness and Energy
     
    Powered by Stone Hill Wealth Management
     
    Social Media Handles 
     
    Follow Phillip Washington, Jr. on Instagram (@askphillip)
     
    Subscribe to Wealth Building Made Simple newsletter
    https://www.wealthbuildingmadesimple.us/
     
    Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
     
    WBMS Premium Subscription
     
    Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

    • 23 min
    Reprogramming Your Financial Algorithm

    Reprogramming Your Financial Algorithm

    Key Takeaways:
    Mental algorithms dictate our automatic responses to financial situations, often rooted in emotions from past experiences.
    Manifestations of scarcity mindset include short-term financial thinking, overconsumption, and an inability to embrace financial volatility.
    Cultivating a wealth mindset involves daily practice of aligning thoughts with emotions, envisioning financial success, and embracing feelings of abundance.
    Creative visualization plays a key role – by mentally enjoying wealth and abundance, one can reshape their emotional reactions to financial matters.
    The outcome of reprogramming is a mindset that is prepared to perceive and understand financial opportunities in a new light.
     
    Chapters:
    Timestamp Summary
    0:05 Investment Strategies and Wealth Building Insights
    2:40 Cultivating a Wealth Mindset Through Patience and Care
    4:54 Automation and Mindsets: Enhancing Human Creativity and Efficiency
    7:21 Overcoming Inherited Irrational Fears Through Meditation
    8:18 Financial Mindsets Shaped by Early Experiences of Lack
    12:53 Phasing Through Mental Barriers With Confidence
    15:11 Reprogramming Your Mind and Social Media Algorithms
    16:42 Harnessing Imagination to Influence Financial Emotions
    19:04 Cultivating Feelings of Financial Abundance
    20:33 Cultivating a Wealth Mindset Through Emotional Alignment and Practice
    Powered by Stone Hill Wealth Management
     
    Social Media Handles 
     
    Follow Phillip Washington, Jr. on Instagram (@askphillip)
     
    Subscribe to Wealth Building Made Simple newsletter
    https://www.wealthbuildingmadesimple.us/
     
    Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
     
    WBMS Premium Subscription
     
    Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

    • 23 min
    Importance of Regularly Reviewing Business Goals

    Importance of Regularly Reviewing Business Goals

    Key Takeaways:
    Conducting a thorough mid-year fiscal review can highlight whether a business is on track with budget goals.
    Fear of numbers often hinders business owners from facing their financial reality, which can impede growth.
    Financial statements shouldn't just be for tax purposes; they are crucial for informing decisions and strategies aimed at business expansion.
    Effective financial planning involves the entire team, indicating that success is not a solo endeavor.
    Regular financial check-ins can direct business owners toward aligned action rather than unproductive busywork.
    Chapters:
    Timestamp Summary
    0:05 Investment Strategies and Mid-May Musings with Experts
    1:27 Strategies for Business Owners to Meet Financial Goals
    3:59 Maximizing Earnings Through Aligned Action and Teamwork
    5:00 Growing Your Business by Regular Financial Check-Ins
    6:21 Investment Strategies and the Risk of Future Performance
     
    Powered by ReiffMartin CPA and Stone Hill Wealth Management
     
    Social Media Handles 
     
    Follow Phillip Washington, Jr. on Instagram (@askphillip)
     
    Subscribe to Wealth Building Made Simple newsletter
    https://www.wealthbuildingmadesimple.us/
     
    Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
     
    WBMS Premium Subscription
     
    Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

    • 6 min
    Analytical Ability Does Not Equal Intelligence

    Analytical Ability Does Not Equal Intelligence

    Key Takeaways:
    Analytical ability is only one part of overall intelligence; emotional intelligence and creativity also play crucial roles.
    An individual can become trapped in cyclical patterns of behavior due to unresolved emotional responses, affecting financial and other life decisions.
    Staying open to change and not identifying oneself with past knowledge is key to adapting and succeeding in an ever-evolving world.
    Wealth and success come not from predictability but from the ability to creatively adapt and move with the times.
    The ultimate goal is to enjoy the process of wealth building, not just the outcome, by embodying the energy of what one wants to achieve.
     
    Chapters:
    Timestamp Summary
    0:05 Investment Strategies and Emotional Resilience in Volatile Markets
    1:34 Analytical Ability Versus Overall Intelligence
    2:43 Emotional Patterns and the Recurrence of Weight Loss Pills
    5:21 Interplay of Analytical and Creative Minds in Problem-Solving
    7:31 Transforming Financial Mindsets Through Emotional Awareness
    11:32 Predictability Versus Volatility in Financial Decisions
    14:17 Embracing Change and Evolving Beyond Established Knowledge
    18:32 Harnessing Patience in the Journey to Wealth
    19:54 Embracing Energy as the Source of Creation and Manifestation
    Powered by Stone Hill Wealth Management
     
    Social Media Handles 
     
    Follow Phillip Washington, Jr. on Instagram (@askphillip)
     
    Subscribe to Wealth Building Made Simple newsletter
    https://www.wealthbuildingmadesimple.us/
     
    Thank you for checking out our free content on financial planning, the wealth mindset, and investing in innovation. If you've found value in our blog posts, I invite you to take your knowledge and commitment to the next level. Sign up for our premium paid newsletter today and receive daily insights and expert analysis directly in your inbox. Stay ahead of the curve and unlock the secrets to financial success. Don't miss out on this opportunity to deepen your understanding and gain an edge in the world of finance. Join our premium community now and embark on a journey towards financial abundance and investment excellence. Sign up today and let's grow together!
     
    WBMS Premium Subscription
     
    Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

    • 23 min

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