PODCAST: https://anchor.fm/fife-properties/episodes/EP35-THE-WEALTH-CREATION-SHOW-Assets-vs-Liabilities-e1nddnb
To become financially savvy, it’s essential to understand the difference between assets and liabilities — and why they matter. But when is an Asset a liability and a liability an Asset?
What is it that determines if it’s an asset or liability and why do people have conflicting views!
Luckily, you don’t need to head back to school to brush up on your money management terms as Jim Parker and Richard Cook take an in depth look at this and show you the commercial reality of producing immense wealth from each group. As ever, this is based on Jim’s personal experience and wisdom that took him from homeless and unemployed in his early 20’s to financial freedom at 38 years old.
If you’ve missed the previous shows you can catch up on our play list: https://www.youtube.com/playlist?list=PLu-dtDBNhbLJvH_47QHVWEQSB0w2_KGj9
If you are a private client of ours, including the ongoing support you will also receive an invite for the last Thursday of every month to a private zoom session which will be a deep dive into more detail on portfolio building. If you haven’t received your invite, please contact us to richard.cook@fifeproperties.co.uk
This is all about accelerating your wealth in 2022.
*We must point out that we are not financial advisors, and this is only our opinion of what we would do. Investments can go down as well as up so if you do want professional advice from a qualified advisor, please contact us direct and we will put you in touch with someone.
