Podcast Episode #512: Protecting Your Wealth – Fiat Currency, Tangible Assets, and Commodities – Andrew McDannels
Episode #512: Dentist Freedom Blueprint Podcast
Protecting Your Wealth – Fiat Currency, Tangible Assets, and Commodities – Andrew McDannels
What is real money? And how can you protect yours over the coming years? In this episode, Andrew McDannels joins us again, and this time, we’ll focus more on currency, investing, and wealth protection. (Be sure to tune into last week’s episode if you haven’t already.)
We discuss how Trump has affected the stock market vs. long-term treasuries, as well as what that says about our economy. Andrew will also share his best tips on how to protect yourself from inflation. You’ll get a glimpse into what he thinks about the U.S. banking crisis, investing in precious metals and mining companies, and more.
Minute Markers:
4:35 – How Trump is influencing the stock market and what his presidency might do to the economy.
9:08 – What is happening in real estate and why Andrew invests in mining stocks and precious metals.
12:29 – Andrew’s stance on Bitcoin.
14:09 – What to do about inflation and how to plan for protecting your money.
16:02 – Why passive investing isn’t the answer.
17:00 – The banking crisis that is happening (that most people don’t know about).
20:47 – Some of the best ways to protect yourself in the next 10 years.|
26:18 – The most important advice Andrew has from his experience and success.
Featured on the Show:
Andrew McDannels: Website
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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.
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