Nov 16, 2016
Today, I'm chatting to Buck Joffrey MD, an investor from the US,
and creator of the Wealth Formula Podcast. Buck’s bio says that he
believes traditional investing in stocks and shares for capital
growth is no longer relevant and that cash flow is everything. That
piqued my interest, and so that's the topic of conversation - cash
flow or capital gains? 
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Cash Flow or Capital Gains?
Buck Joffrey has been there and done that. He's amassed an eight figure net worth using the principles he espouses in this conversation. But I have some reservations/clarifications for the UK market, which I cover after the call. In this session, you'll discover:
- The trigger that led Buck to begin investing
- Why Buck thinks investing for capital gains is inferior to investing for cash flow
- Whether or not he thinks there is any case for investing in the traditional way
- Some ways Buck recommends for even those with ordinary incomes to get onto the cash flow bandwagon
- Some likely potholes which might get in the way of success
- Buck's view on debt, and how to use it
Resources mentioned in this show
Book: Robert Kiyosaki - The Cash Flow Quadrant Podcast: Real Estate Guys Podcast: The Property Podcast Buck Joffrey: Podcast and Website
Transcript
And, as always, a full transcript is available by clicking the
mahoosive blue button below:
Join the conversation
I love to read and respond to your comments, so please do join in and share.
Question: So what do you think? Cash flow, capital gains, or both?
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