Collecting Keys - Real Estate Investing Podcast

EP 508 - Mike's Fire Made Dan And Dylan Check Their Policies, Check Yours

Mike DeHaan

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0:00 | 42:07

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The guys who got rich in 2021 will tell you it was skill. It wasn't. In this episode, we break down why almost every big investing win is timing you didn't control, from Northwestern Mutual reps who get paid whether or not you stick around to the real estate gurus who quietly stopped saying go bigger, sooner. Plus what Japan's yen crisis has to do with Bitcoin, and the insurance you should already have before any of it matters.

Topics discussed:
Introduction (00:00)
Why lending companies cannot advertise but pill sellers can (00:01)
The insurance every business owner should already have (05:28)
What happens when partners skip key man insurance (07:50)
Why Northwestern Mutual reps sell you more insurance (10:02)
Why nobody actually shows up to industry conferences (14:04)
Japan's yen crisis and what it means for Bitcoin (16:30)
Trump accounts and whether government money helps you (21:16)
Where the money goes when corporate profits rise (25:28)
Why no news story matters for more than a week (30:31)
Why big investing wins are luck, not skill (34:54)
Why the 2021 boom was luck, not skill (38:02)

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This episode was produced by Podcast Boutique https://www.podcastboutique.com (https://podcastboutique.com/)