Millennial Investing - The Investor’s Podcast Network
Business:Investing
MI256: How to Become Your Own Bank w/ Jerry Fetta
Rebecca Hotsko chats with Jerry Fetta, the Founder and CEO of Wealth DynamX. They talk about how to “become your own bank” and build wealth like the top 1%, his thoughts on how the sacred account differs from traditional forms of saving/investing/borrowing, his investment strategy for 2023, and where he sees the most opportunities, and much, much more!
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
02:44 - Learn how to “become your own bank” and build wealth like the top 1%.
05:21 - How the sacred account differs from traditional forms of saving/investing/borrowing.
07:35 - When it makes sense to use the sacred account as a savings tool.
16:43 -How this strategy holds up in down markets and particularly in this economic backdrop?
33:58 - Examples of ways Jerry has used this method to invest in 2022.
37:07 - Why Jerry likes secure private lending and seller finance real estate over stock investing.
41:06 - How you can get involved in real estate investing with no prior experience in real estate.
59:37 -What are the major mistakes people make when implementing this strategy?
61:40 - Jerry’s investment strategy for 2023 and where he sees the most opportunities.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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