Robert Kiyosaki’s Rich Dad Poor Dad has been one of the most critically acclaimed financial help books. But in today’s episode, Rich Fettke takes that further with his book, The Wise Investor, into a modern parable that will help you understand real financial freedom.
Rich is a licensed real estate broker, active investor, and co-founder of RealWealth, a real estate investment group that helps its 60,000+ members improve their financial intelligence, secure passive income, and obtain financial freedom. Rich is also the author of Extreme Success (Simon & Schuster, 2002) and the audio program Momentum.
[00:01 - 05:53] Opening Segment
Introducing Rich Fettke to the show
Brief background and career
Becoming a successful real estate investor
[05:54 - 10:33] The Wise Investor
Blending Robert Kiyosaki’s Rich Dad Poor Dad and Paulo Coelho’s The Alchemist
A modern parable about creating financial freedom and living your best life
Rich discusses how the book can help readers build wealth in multiple ways
Rich shares the plot and the lessons of the book
[10:34 - 15:45] An Unconventional Perspective on Assets and Liabilities
Opening people’s eyes to financial assets and liabilities
The importance of compartmentalizing things
Time is a finite currency
There is no self-made success
[15:46 - 19:19] Mindset of a Wealthy Person
Real wealth is living on your own terms
Rich people don’t live on envy
Wealthy people focus on education rather than entertainment
[19:20 - 24:33] Closing Segment
Get to know more about Rich in the Quattro Trio!
See the links below to connect with Rich
"There's no such thing as self-made success." - Rich Fettke
“An asset is anything that brings you income, or better health, or more happiness, or more time. And liability is just the opposite.” - Rich Fettke
Connect with Rich through LinkedIn, or visit www.RichFettke.com. Get a copy of his book, The Wise Investor!
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