Free Exclusive Video Interview - Meet The $360-Million Dollar Man
Dr. Buck Joffrey

Ep. 056 - The New Rules For Early Retirement

with Dr. Buck Joffrey of www.wealthformula.com

“I believe that savers are losers. If you’re not investing your money, you have got a problem.”

Shoulders Of Titans Podcast Interview #056 with Dr. Buck Joffrey:

Dr. Buck Joffrey is board certified brain surgeon, entrepreneur, asset manager and podcaster. After finishing his residency training in 2008, Buck took a different route than most of his colleagues. Having witnessed the 2008 financial crisis and the affects it had on hard working professionals around him, Buck decided to take his financial life into his own hands. After starting a series of businesses in the health care, technology, and real estate sectors Buck became financially independent only 5 years after residency and made it his life’s mission to provide financial education for hard working, highly educated professionals.

Today, Buck spends most of his time as a professional investor and educator through his show, Wealth Formula Podcast. He is also the author the #1 best-selling book titled, “7 Secrets of Eternal Wealth.”

In it, he discuss out-dated and dangerous investment paradigms that he believes will result in a generation of high paid professionals dying broke.

Visit Dr. Buck Joffrey’s Website: www.wealthformula.com

Topics Discussed In This Interview:

  • The “velocity” formula to make money quickly, simply and earn compound interest on all of your investments
  • Why Wall-Street is the last place on Earth to listen to when it comes to investing… and who to listen to instead
  • The secret of the wealthy about what you should actually invest in – and why listening to trends are going to flush your hard earned money down the toilet
  • Why if you have the “good student” mindset, you’re screwed if you’re investing… and how you can save yourself from the depths of wasting a ton of money
  • The #1 thing to focus on when investing to get more return from one investment, than most will with their whole portfolio – even if you’ve never invested a single dime before
  • The often overlooked investments the REALLY wealthy people invest in and how you can get your hands on them to make significantly more money than by regular investments
  • DON’T BUY THAT NEW CAR! What to do with your “reward” money so you can rake in more cash and increase your net worth
  • Why if you were a good student in school you’re going to have a much harder time being an entrepreneur and investor… and what you can do to make sure you don’t get left in the dust
  • The perfect amount of time per week you need to be spending on learning how to invest
  • How 99% of the population is throwing their money away when investing and how you can avoid the BIGGEST mistake that costs investors hundreds of thousands of dollars per year
  • The secret of the ultra-wealthy using “OPM” that makes money FAST, easily and without risking personal finances
  • Where to put your money besides the bank that will net you a much greater ROI than any savings or compound account – and why most people get this horribly wrong
  • The shocking reason behind why all businesses need “good debt” to expand at a quick rate, and how the wrong kind of debt can screw you over for life
  • The underground method to significantly reduce the value of your debt… even if you’re already in it!
  • Why you should NEVER trust wealth managers to make you money – and why they don’t have your best interest at heart
  • The new rules for early retirement
  • and much, much more

Full Transcript of Interview: http://www.shouldersoftitans.com/interview-with-buck-joffrey/

Resources mentioned:

Dr. Joffrey’s Podcast
7 Secrets of Eternal Wealth” by Buck Joffrey MD
Rich Dad’s Cashflow Quadrant” by Robert T. Kiyosaki
Peter Schiff 
Robert Kiyosaki

Quotes:

“I believe that savers are losers. If you’re not investing it [your money], you have got a problem.”

“Start investing like an entrepreneur, not like your grandma.”

“Cover your own lifestyle, then invest the rest.”

“If you don’t use debt you’re not going to get wealthy.”

“Debt erodes with inflation.”