UNLIMITED
Checkbook IRA LLC: Worth the Risk? | Episode #2: New IRS Activity Raises Concerns Over This POWERFUL Financial Tool by Self Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k'sUNLIMITED
Is YOUR WEALTH Immoral or Unethical? | Episode 224
FromSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's
UNLIMITED
Is YOUR WEALTH Immoral or Unethical? | Episode 224
FromSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's
ratings:
Length:
8 minutes
Released:
Aug 24, 2016
Format:
Podcast episode
Description
Is wealth a badge of honor… or a symbol of shame? Practically every time Hillary Clinton or Barrack Obama open their mouths, they are vilifying the rich… while Donald Trump is clearly proud of his wealth, and promises repeatedly to bring wealth back to America. Who’s right? Is there something MORALLY or ETHICALLY either GOOD or BAD about wealth? I’m Bryan Ellis. I’ll spell out the answer for you RIGHT NOW in Episode #224. ---- Hello, SDI Nation! Welcome to the podcast of record for savvy self-directed investors like you! This is the show where you learn how to be a wise, profitable steward of your money… Today we’re going to talk about a topic that’s important, timely and rather personal. We’re going to address the ETHICS… the MORALITY, even… of acquiring wealth, and being wealthy. But first, I’d like to introduce you to someone you should get to know, and I’d like to do that by asking you a question: Have you ever been in a situation where you found a great investment, but were a bit short of capital? If so, I want you to check out my friends Ari and Mike at Fund & Grow. They are astoundingly good at acquiring zero interest credit of fifty to $250,000 that you can use at your discretion! Yes, it sounds unreal, but it’s totally legit… I vouch for it… I’ve seen it work over and over with my own clients… your fellow listeners! To see how & why it works, just check out the video we’ve posted at SDIRadio.com/credit. You’ll be very glad you did. So… is wealth a good thing? Is there any moral or ethical position to wealth at all? We’re in an election year, so it’s highly relevant to see what politicians are saying about wealth. Our outgoing president has left no doubt where he stands on that. Remember these words of his from several years ago: “If you’ve got a business, you didn’t build that. Somebody else made that happen.” That’s right, folks… there’s our president saying that those of you who have poured your blood, sweat and tears into building a business, well, guess what… you didn’t build that. Somebody else made that happen… according to our President. By the way… the link to the video where Obama said that is in today’s show notes page at SDIRadio.com/224. So Obama clearly thinks that your business… your wealth… isn’t yours. Somebody else gave it to you. You have what somebody else built. You’ve taken what isn’t yours… you must give it back. Similarly, current candidate Hillary Clinton – who recently admitted she’s not driven a car since 1996 – commented that “There are rich people everywhere. And yet they do not contribute... They don't invest in public schools, in public hospitals, in other kinds of development”. Clearly, Mrs. Clinton lumps all rich people into the category of being “takers”, not “givers”… with a clear implication that there’s something wrong, something fundamentally dirty, about wealth. Donald Trump has the opposite opinion, clearly and proudly embracing his own wealth, and claiming that it’s his wealth that makes him politically incorruptible. Who’s right and who’s wrong? Well, I’m right, and I’ll be happy to tell you why. Hehehehe My friends, wealth and the things that comprise it… money, real estate, stocks, businesses, etc… these things are distinctly amoral… that means WITHOUT morality… neither good nor bad. Practically all inanimate objects are completely without moral weight. I’ll go a step further… the moral character of money or assets does not change based on how that money or those assets were acquired. Think about a $100 dollar bill. Is that particular bill any more or less moral than any other $100 bill? Of course not! And that’s true whether that bill was acquired through flipping burgers at McDonald’s, through working as a corporate CEO, or even working as a drug dealer. Money is money. It’s not good and it’s not bad. Of course, if you’re a drug dealer, you’re a horrible scumbag who should be put under the jail for the rest of your life. But that has no relev
Released:
Aug 24, 2016
Format:
Podcast episode
Titles in the series (100)
- 10 min listen