Be Wealthy & Smart Podcast: Personal Finance | Money | Investing | Millionaire | Stock Market | Entrepreneurship
About This Show
Money impacts everything you do. Get your money working harder for you, so you don't have to work so hard. Be Wealthy & Smart™ (named a top investing and personal finance podcast) helps you with investing your money and wealth building. Linda made $2 million at the age of 39 by investing and shows how she did it so you can too. What Linda shares are not the same old tired financial principles, she has a fresh and different approach with the two most important ways to grow your money and create wealth: investing and owning a business.
Be Wealthy & Smart has a community of investors who understand that money moves in cycles and peaks in bubbles. Whether you are just beginning your journey or have been investing for years, Be Wealthy & Smart is your source of wealth building information.
Notable guests include Pat Flynn, Chris Brogan, James Turk, Jason Hartman and billionaire Jeff Hoffman. Inspired by Robert Kiyosaki, Jim Rogers, Barbara Corcoran, Amy Porterfield, Michael Maloney, Gary Vaynerchuk, Warren Buffett, John Lee Dumas, William J. O'Neill and other experts.
Subscribe to the Be Wealthy & Smart podcast today. Reviews are welcomed and appreciated. Learn more about getting your money working harder for you by getting your free report "11 Quick Financial Tips to Boost Your Wealth" at BeWealthyandSmart.com.
Most Recent Episode
200: Is Value Investing Dead?
< 1 day ago
Learn ways technology is impacting value investing and ways it’s not. Have you checked out the Creating Wealth podcast yet with Jason Hartman? It’s full of amazing information and over 700 podcasts about real estate investing. If you like this podcast, you’ll like that one too. http://bit.ly/wealthpod Excited to have podcast #200! Thank you for listening to Be Wealthy & Smart! If you’re a regular listener, I’d love to have a review from you and hear your thoughts about the show! Listener question Friday! Here’s a question from Torben. Hi Linda, I've listened to your podcast for several months now and find it very useful. Your pragmatic approach to finance is very applicable in real life. I personally apply the value investing approach with inspiration from the growth investment theories. Perhaps you could do a podcast about value investing? From Graham and Buffet, over the ModernGraham approach, to how value investing will play a role in an investing world, where tangible assets are much smaller than intagibles, and most products and services can be replaced by technological developments in an instant? These developments challenge the fundamental value approach, which looks for large, stable, and cash generating businesses - so how are these theories going to survive in a world where these types of companies become more scarce? I hope this could be inspiration for a podcast topic. Best regards, Torben In value investing, you’re looking to buy businesses below their value. Of course a business is worth it’s assets minus liabilities + a multiple of cash flow. What is the multiple? It depends on the type of business, how regular the income stream is, etc. A steady rental income vs. a biotech. Being overly concerned with a PE ratio can be a value trap. Today, many financials have low PE’s, but I wouldn’t want to own them. I’ve found many of the best quality stocks have high PE ratios and I’ve always been ok with that as long as it’s not excessive. There are times that the whole stock market can get excessive PE ratios, that’s a time to be cautious. In 1999, PE’s hit 50 and higher, but it was in 2009 that PE’s hit 120! Today, they are at about 23-24 which is on the higher side historically, but no where near where they have been. A PE will average around 18, so anything above that is more expensive and below is considered a value or cheap.
Rated 5 out of
Nice to remember long term on Brexit madness day!
This podcast is a great reminder that growth and wealth are not built on one day's work or earnings. I hadn't thought of reviewing trends this way but it gives me hope for the markets and investing.
Date published: 2016-06-24