249 episodes

On this podcast we discuss how to create passive income from real estate, investing, side hustles and more. Our mission is to show people that financial independence is possible no matter their income level. This podcast is designed to be an educational tool to help you become financially independent. We want you to beat your debt, build your wealth, and control your future!

Average Joe Finances Mike Cavaggioni

    • Business
    • 4.9 • 126 Ratings

On this podcast we discuss how to create passive income from real estate, investing, side hustles and more. Our mission is to show people that financial independence is possible no matter their income level. This podcast is designed to be an educational tool to help you become financially independent. We want you to beat your debt, build your wealth, and control your future!

    248. Understanding Emerging Markets and the Power of Compounding with Kevin Carter

    248. Understanding Emerging Markets and the Power of Compounding with Kevin Carter

    In the realm of emerging markets and internet-based investments.a pivotal figure in finance for decades took us on a comprehensive journey through his career, the intricate world of emerging markets, and strategic investing approaches that are shaping the future. 

    Join us on Average Joe Finances as our guest Kevin Carter shares the importance of financial education, reading, and understanding the market for successful investing.
    What you’ll learn in this episode:
    Consider new avenues like emerging markets for lucrative investments.Identify the key populations likely to demonstrate the most significant market growth. Hardships and disillusionment can trigger creative business solutions.Utilize the power of compounding to enhance wealth in the long term.And so much more!Key Moments:
    00:00:33 Kevin Carter's Journey into the Investment World
    00:01:04 The Birth of Index Funds and Kevin's Early Career Moves
    00:03:51 Innovating the Investment Landscape: Fractional Shares and Direct Indexing
    00:10:12 Advising Google Employees and Diving into Emerging Markets
    00:16:45 Understanding Emerging Markets and Their Potential
    00:23:30 Kevin's Personal Journey and Motivation in Finance
    00:26:01 Unveiling the Flaws of Traditional Emerging Market Investments
    00:27:33 The Problem with State-Owned Enterprises in ETFs
    00:31:22 Missing Out on the Best: The Exclusion of Top Companies
    00:37:05 Exploring Alternative Emerging Market Investments
    00:38:21 The Compelling Case for Investing in India


    Find Kevin Carter on:
    Websites: www.EMQQglobal.com
    LinkedIn: https://www.linkedin.com/in/thekevintcarter/


    Average Joe Finances®
    All of our social media links and more: https://averagejoefinances.com/links
    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes
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    • 54 min
    247. Building A Real Estate Empire with Jim Manning

    247. Building A Real Estate Empire with Jim Manning

    In the dynamic world of real estate investing, the journey of every investor has its unique twists and turns. However, evolving strategies and adapting to different situations have a key role in the recipe for success.

    Join us on Average Joe Finances as our guest Jim Manning shares his early influences, including his pragmatic altruist approach to business and a transformative experience with a self-made billionaire that shaped his views on success and happiness.

    What you’ll learn in this episode:
    Shift to buy and hold properties and long-term financial freedomReal Estate’s high return potential and opportunities for passive incomeImportance of careful consideration in investmentsUse of lease to own arrangements for community benefitAnd so much more!Key Moments:
    01:14 Jim's Early Career and Entrepreneurial Journey
    01:53 Lessons from a Self-Made Billionaire
    10:58 A Health Scare and a New Perspective
    12:49 The Evolution of Jim's 'Why' in Real Estate
    15:07 Shift to Lease Purchase Deals
    19:13 Birth of a Real Estate Fund
    20:11 Impact of Real Estate on Community and Investors
    20:19 Future Plans and Expansion
    24:15 The Power of Passive Income and Real Estate
    24:47 Understanding Retirement and Cashflow
    25:10 Risks and Rewards of the Stock Market
    25:37 Impact of Social Media on Business
    27:41 Stability of Real Estate Investments
    28:15 Unpredictability of the Stock Market
    29:30 Tangibility of Real Estate
    30:01 Importance of Diversification in Investments
    30:15 Strategy of Buy and Hold in Real Estate
    30:41 Complexity of Real Estate Investment Strategies
    31:59 Importance of Cashflow in Real Estate Investing


    Find Jim Manning on:
    Websites:
    https://jimmanning.com.
    https://pasivewealthshow.com/
    Facebook: https://www.facebook.com/passivewealthshow
    LinkedIn: https://www.linkedin.com/in/jimmmanning/
    Youtube: https://www.youtube.com/@passivewealthshow
    Average Joe Finances®


    All of our social media links and more: https://averagejoefinances.com/links
    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes
    Support the Show.

    • 51 min
    246. Unlocking the Benefits of Options Trading with Tony Saliba

    246. Unlocking the Benefits of Options Trading with Tony Saliba

    In today's competitive financial markets, staying abreast of changes is crucial.

    Join us on Average Joe Finances as our guest Tony Saliba shares how he managed to adapt to different financial scenarios by harnessing his superpower—the 'what ifs.' His early struggles and the gradual development of his risk-averse trading methodology form a compelling narrative of dedication, acumen, and adaptability.

    What you’ll learn in this episode:
    Benefits of options trading, aligning with individual investing ideas and risk profiles, elucidating its value for those with limited capital.The importance of continuous learning, recommending readings such as "Reminiscences of a Stock Operator" and "Market Wizards".The importance of a sounding board for trading, underlining the effectiveness of collaboration and mentorship.And so much more!Key Moments:
    00:00:40 Tony's Journey into the World of Finance
    00:03:04 Tony's Early Career and Challenges
    00:03:59 Transition into Technology and Entrepreneurship
    00:04:43 Reflecting on Tony's Career Shifts and Decisions
    00:05:00 Tony's Tech Innovations in Trading
    00:07:43 The Impact of Tech on Trading and Business
    00:19:45 Tony's Superpower and Entrepreneurial Mindset
    00:24:52 The Motivation Behind the Hustle
    00:26:43 Journey of Building and Handing Over
    00:27:01 Future Plans and Legacy
    00:28:02 Transition from Stocks to Crypto
    00:28:51 Introduction to Bitcoin
    00:30:41 Launch of Mercury Digital Assets
    00:32:45 The Future of Tokenization
    00:33:56 The Impact of Blockchain on Real Estate
    00:34:52 Tokenization of Artwork
    00:38:01 Future of Digital Assets


    Find Tony Saliba on:
    Website: https://liquidmercury.com/
    LinkedIn: https://www.linkedin.com/in/tonysaliba


    Average Joe Finances®
    All of our social media links and more: https://averagejoefinances.com/links
    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes
    Support the Show.

    • 53 min
    245. Discussing Personal Finance and Future Planning with Debra Schatzki

    245. Discussing Personal Finance and Future Planning with Debra Schatzki

    Finance isn't solely about numbers—like any other journey, it aligns with personal values, dreams, and life goals. Exploring this intriguing intersection, let’s take a deep dive into the exciting world of financial planning, focusing on how personal discoveries shape financial decisions.

    Join us on Average Joe Finances as our guest Debra Schatzki shares key insights into her financial planning methods which involve understanding the vulnerabilities of clients, their major goals, and dreams
    In this episode:
    Illustrate how personal experiences, including challenges and triumphs, can shape one's approach to financial literacy and security.Advocate the transmission of financial literacy across generations to ensure lasting wealth and responsible money management.How one’s financial principles highlight foundational values for achieving financial stability and growth.How "Security Income Planning" underscores the significance of strategies that preserve wealth while aligning with personal values and promoting family well-being.And so much more!Key Moments:
    00:00:56 Debra's Personal Journey and Financial Education
    00:02:30 The Importance of Financial Literacy
    00:03:30 Passing Down Financial Knowledge
    00:03:50 Debra's Approach to Financial Planning
    00:04:21 The Importance of Core Values in Financial Planning
    00:05:26 The Role of Family and Legacy in Financial Planning
    00:06:39 Debra's Personal Motivation and 'Why'
    00:09:00 The Importance of Professional Guidance in Financial Planning
    00:19:04 Debra's Core Financial Principles
    00:23:59 The Impact of the Bernie Madoff Scandal on Debra's Clients
    00:32:56 The Importance of Setting Goals and Seeking Professional Help
    00:38:14 Final Thoughts and Advice for Listeners


    Find Debra Schatzki on:
    Website: https://www.bppwealth.com/
    LinkedIn: https://www.linkedin.com/in/debra-schatzki-ba481312/


    Average Joe Finances®
    All of our social media links and more: https://averagejoefinances.com/links
    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes
    Support the Show.

    • 42 min
    244. Revolutionizing Real Estate Investing Through Seller Financing with Chris Prefontaine

    244. Revolutionizing Real Estate Investing Through Seller Financing with Chris Prefontaine

    The world of real estate investment is vast and varied, teeming with opportunities for investors willing to explore and conquer its intricacies.

    Join us on Average Joe Finances as our guest Chris Prenfontaine highlights the importance of mindset, coaching, and mentorship in successful real estate investing.
    In this episode:
    Understanding how small investments can grow significantly over time empowered him to start his investing journey early.Explore various avenues, including commercial real estate and options trading, recognizing the unique opportunities each offered.The importance of starting small and staying consistent in investing. The importance of continuous learning and adaptation in the ever-evolving world of finance.And so much more!Key Moments:
    00:00:40 Chris's Journey in Real Estate
    00:01:36 Surviving the 2008 Crash and Rebuilding
    00:02:09 New Rules and Strategies Post-Crash
    00:02:54 The Family Business and Coaching Others
    00:03:14 Reflecting on Pre-2008 Strategies
    00:04:04 Current Real Estate Strategies and Techniques
    00:06:48 Finding and Solving Problems in Real Estate
    00:12:56 Building the Team and Business Growth
    00:15:53 Advice for New Real Estate Investors
    00:17:11 The Importance of Authentic Marketing in Real Estate
    00:17:42 Offering Value: Free Resources and Real Estate Education
    00:18:15 The Power of Coaching in Real Estate
    00:19:15 The Four Pillars of Success in Real Estate
    00:20:17 The Impact of Current Economic Environment on Real Estate
    00:20:59 Adapting to Market Changes: Seller Financing in Chaotic Times
    00:23:13 Investing in Your Own Backyard vs. Diversifying Markets
    00:24:32 The Importance of Mindset in Real Estate Investing
    00:24:40 Acquiring New Students and Growing the Community


    Find Chris Prefontaine on:
    Website: http://www.smartrealestatecoach.com
    Podcast: https://www.smartrealestatecoach.com/podcast
    Facebook: https://www.facebook.com/smartrealestatecoach
    Google +: https://plus.google.com/+Smartrealestatecoachchannel
    YouTube: https://www.youtube.com/smartrealestatecoach
    Instagram: https://www.instagram.com/smartrealestatecoach
    LinkedIn: https://www.linkedin.com/in/chrisprefontaine
    Twitter: https://twitter.com/smartrecoach


    Average Joe Finances®
    All of our social media links and more: https://averagejoefinances.com/links
    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes
    Support the Show.

    • 37 min
    243. An Insight Into Effective Investment Strategies with Erik Smolinski

    243. An Insight Into Effective Investment Strategies with Erik Smolinski

    In the investment world, versatility is key. To thrive, one must be able to adjust to varying market situations seamlessly, adapting strategies to secure the best possible outcomes.

    Join us on Average Joe Finances as our guest Erik Smolinski shares his investment strategies to include commercial real estate and active trading in the stock market, ultimately achieving his goal of becoming a millionaire before 30.

    In this episode:
    Understanding how small investments can grow significantly over time empowered him to start his investing journey early.Explore various avenues, including commercial real estate and options trading, recognizing the unique opportunities each offered.The importance of starting small and staying consistent in investing. The importance of continuous learning and adaptation in the ever-evolving world of finance.And so much more!Key Moments:

    03:02 Erik's Journey into Investing
    05:38 Erik's Diverse Investment Strategies
    06:19 Realization and Shift in Perspective
    07:19 Approach to Trading and Investing
    16:14 Experience with Commercial Real Estate
    17:46 Approach to Stock Market Trading
    22:34 The Importance of Trends in Trading
    22:56 The Beauty of Ignorance in Trading
    23:44 The Role of Artifact Knowledge in Decision Making
    23:59 The KISS Method in Trading
    24:24 How to Start Investing Like Erik
    25:03 The Reality of Trading and the Importance of Paper Trading
    26:40 The Role of Discipline and Consistency in Trading
    27:02 The Importance of Understanding Risk
    27:24 The Disconnect Between Input and Output in Trading
    27:47 The Importance of Training and Discipline in Trading
    29:55 The Role of Mindset in Trading
    32:48 The Importance of Consistency and Discipline in Success
    33:49 The Role of Stoicism in Finance
    38:40 The Importance of Starting and Staying Consistent

    Find Erik Smolinski on:

    Website: https://esinvest.com/
    Facebook: https://www.facebook.com/esinvests
    LinkedIn: https://www.linkedin.com/in/esmolinski
    Youtube: https://www.youtube.com/esinvests
    Instagram: https://www.instagram.com/esinvests
    Twitter: https://www.twitter.com/esinvests

    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links
    About Mike: https://mikecavaggioni.com

    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

    *DISCLAIMER* https://averagejoefinances.com/disclaimer

    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes
    Support the Show.

    • 47 min

Customer Reviews

4.9 out of 5
126 Ratings

126 Ratings

Hilarious!!! LOL!! ,

Great Host and Conversation!

Mike does a great job as a host when it comes to interviewing his guests! The conversations are engaging and full of “golden nuggets” of knowledge. I’ve added this podcast to my weekly rotation!

Fred M.. ,

Amazing podcast! Wow!

I thoroughly enjoyed the podcast. Excellent guests and amazing conversation. Mike does a fantastic job as host and he is an amazing interviewer. I highly recommend that you subscribe to the podcast today!

AshCapsho ,

Such a great listen!

A treasure trove of practical advice on creating passive income and achieving financial independence. Love Mike’s down-to-earth style! - Ash & The Capsho Team

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