Freddie Rapina
speaker
181 appearances
1 recordings
1 series
first heard Mar 2025
last heard Mar 2025
Freddie Rapina’s voice in public audio — every appearance, attributed to the second.
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Appearances
So once people have that mindset,
And like, no, we want to become more wealthy than switching over.
It's you cannot save your way to wealth.
It will not happen.
In my opinion, you can save and save and save.
You're only making chess players more wealthy by saving because they're not.
Okay.
They're like you, you put money into a bank.
They're playing chess.
You put your money towards mutual funds.
The investment companies play in chess.
You put money towards a company.
An insurance product, insurance companies playing chess.
So understanding that not that the first part is wrong and that first part is probably a really good step.
It's just the secondary thing that people aren't doing.
And they're watching financial grass grow and accounts for growth.
30 years, and I call it the golden wheelchair model because it's just eventually, hopefully, you have enough money and compound interest, in my opinion, and this is one of the more controversial things I say, compound interest, in my opinion, is the most oversold concept to the middle class.
Not that it's wrong.
It's not wrong.
It's math.
Showing 41–60 of 181 · page 3 of 10
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