Bishop
๐ค SpeakerAppearances Over Time
Podcast Appearances
My mother had Alzheimer's.
That is very expensive.
I kept her in my house, but not everybody can do that.
Facts.
And it's very, very taxing on you emotionally, mentally.
And you have to have a strategy, and it cannot be built on your children.
It can't.
Because you cannot be sure.
That your children are going to take care of you like your grandma took care of her great-grandma.
No, sir.
And if we provide them with information, because the reason that most people hit the lottery and broke in three years is that they get the money, but they don't get the mind.
Yes, sir.
So if you're gonna leave them money, you gotta leave more money than you leave money or they're gonna blow through your money like it's a hurricane.
And it's a real problem.
It's something really to be thinking about because we are seeing one of the largest wealth transfers in the history of America.
And the big problem amongst wealthy people is they have nobody to leave their money to.
I think we have two different philosophies, not about that, but about what I'm about to say, and I might be wrong.
I was told that you don't believe that we should finance automobiles.
Yeah, yeah, yeah, yeah.
We disagree with that, Bishop.