Podcast Episode #402: Navigating Life, Legacy and Wealth – David McAlvany
Episode #402: Dentist Freedom Blueprint Podcast
Navigating Life, Legacy and Wealth – David McAlvany
My friend and mentor, David McAlvany, joins the show today. He served as the CEO of the McAlvany Financial Group since 2008, and he has some incredible insight from his years of successfully managing financial portfolios during severe downturns and times of crisis. His years in the financial field are a goldmine of knowledge that you don’t want to miss.
Listen in to hear us talk about legacy and David’s book, The Intentional Legacy. You’ll learn key areas of the financial world, as well as where we are in the markets. David has a great macro view of things and will be giving us a good sense of how to put trends into perspective and make the best investment decisions we can along the way.
Minute Markers:
1:57 – The importance of leaving a legacy and why legacy is more than money.
4:30 – Secular trends vs. cyclical trends.
6:32 – Why real estate needs to be managed carefully.
11:30 – What will happen if we do go into more of a recession.
16:20 – What we may see when it comes to gold and metal investments over the next year.
20:12 – Is the U.S. moving toward a more European model?
24:16 – How to inspire the younger generations in terms of creativity, problem-solving and pursuing success.
Featured on the Show:
David McAlvany: Website | Twitter | Facebook
The Intentional Legacy by David McAlvany
McAlvany Wealth Management
Tactical Short
P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
In this episode, we finish up the second part of my interview with Rob Swanson and his eight rules of investing. (If you haven’t listened to part 1, be sure to go back and give that a listen before jumping into this one.) Today, we pick up where we left off, covering rules four through eight and talking about everything from decision-making to cash flow and risk reduction.
Listen in as Rob shares his incredible insight and experience in real estate and investing to give us a few rules that help make our decisions and investments more solid. You will hear about the importance of looking at margins before buying and what boxes need to be checked when it comes to predicting a solid income stream. Rob also discusses how to define and mitigate the different risks involved so that you can come out on top.
Alastair MacDonald is a private advisor to established entrepreneurs, investors, and business owners, as well as a TEDx speaker who lectures on economic, social, and financial forecasts. Join me today to hear part two of our conversation at the Freedom Founders Mastermind, where we dive into the concept of certainty, how to hedge against a volatile economy, and why the abdication model is no longer one that works.
Listen in to learn the reasons why Alastair is not worried about consumer price inflation (and what he’s really worried about instead) and why the 401(k) is not always the investment that it is made out to be. You’ll learn why he is most concerned about the issue of division and polarity in the Western world, why your business is your best asset in a volatile economy, and how you can maintain its viability to weather the most intense economic storm.
1. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.
2. Attend A Workshop:
If you’re committed to Freedom, but still building a practice, paying down school debt, or growing investment capital, our hands-on Freedom Blueprint Workshops are your entrance ramp onto the fast track! Visit www.freedomfounders.com/workshop to claim your seat!
3. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (5-7 years max), visit www.freedomfounders.com/step-1 to apply for a seat.
4. Want to Work Directly with Me?
If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Executive Assistant (Lindsey@FreedomFounders.com), and put “Fast Access” in the subject line. Or, call (972) 203-6960 Ext 144 and leave a brief voicemail for Lindsey. Let her know you’re interested in the Fast Access program – we’ll set up a time with you to talk, find out about your goals, and see if there is a fit.