Jim Manning
speaker
180 appearances
1 recordings
1 series
first heard Feb 2025
last heard Feb 2025
Jim Manning’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
For example, when my dad, my dad did was a traditional investor.
did what the financial industry taught him to do.
And in the 70s, COVID happened and the stock market started going crazy and he got incredibly unsettled by it.
And to the point where he confided in me that he was afraid of running out of money before he died, even though
you really did a great job of saving money and living beneath his means.
And that unsettlement, unfortunately, is unavoidable.
Like if 100% of your net worth is tied to the public markets.
What's nice about real estate is it's one of the shelters, one of the basic human needs that we have.
It's a tangible asset in the real world.
So regardless if there's a war, regardless if there's a virus, regardless if
There's a recession.
It's a diversification out of that arena and into a hard asset.
that can be a really nice thing even if the us dollar fails because of all this crypto stuff and then we go into a different currency well if you have that hard asset well you just collect rent a different way at that point you don't have to worry about some of that to me it also like having profits from an investment like the passive income from private lending for example
It can be a really powerful thing, too, because it's generating an income that then you can do something with.
Right.
So I can only live off that Apple stock if I'm retired and I don't have other income when I sell some of the Apple stock.
And I'm not in control whether it's up or down when I sell that stock, right?
Whereas if I have something that's income producing, that's a tangible value.
Well, at one point, if I have enough investments that produce me income, I can completely replace my income.
When I replace my income, well, now I can retire.
Showing 101–120 of 180 · page 6 of 9
← Previous
Next →