David Bach
👤 SpeakerAppearances Over Time
Podcast Appearances
We're living in what I call now an automatic economy.
Automatic economy?
Automatic economy.
Okay.
An automatic economy either makes you rich or it keeps you poor.
And there are a lot of people, Mel, right now becoming rich.
In fact, we're going into a decade where I believe more wealth will be created in the next decade than in any time in our lifetime.
Really?
100%.
There's two escalators to wealth in America.
Because the system's rigged.
You need to hear this, especially young people.
There's two escalators to wealth.
They are real estate and stocks.
You have to own real estate and you have to own stocks.
And this market's now more rigged than it's ever been.
And when I say rigged, what I mean is everything in our country is designed for those two asset classes to go higher.
All the tax laws, all the incentives, everything.
All the opportunities that exist are for investors.
If you're not an investor, you are being left behind faster than you've ever been left behind.