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297. Lloyd Ross - Top 1% Finance Expert Reveals How To Avoid The Coming Crash
Manage episode 416687264 series 3357059
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"Wealth has got nothing to do with private school. It's got to do with how you handle money." - Lloyd
Can money buy happiness?
Join me in this episode as Lloyd Ross sheds light on how money can indeed bring joy when earned through passion and used for impactful causes. Learn about the importance of establishing emergency funds for financial independence and avoiding debt pitfalls. Delve into wealth-building strategies, where Lloyd advocates for diversified investments, cautioning against biases. He also highlights the crucial role of financial education in shaping future prosperity and warns against the unpredictability of crypto trading. Tune in as Lloyd shares insights on investing in education and skills development for enhanced earning potential and personal growth.
Episode Highlights:
00:00 - Episode trailer
03:33 - The True Meaning of Wealth
06:32 - How does money actually buy happiness
09:49 - How Behavior Shapes Your Financial Reality
14:42 - Conquering Investment Fear
18:41 - Why Starting a Business is Key
21:23 - Understanding Risk
25:21 - Unveiling Investor Biases: Understanding the Sunk Cost Fallacy
30:04 - Confirmation Bias: The Hidden Influence on Decision-Making
37:19 - Private vs. Public Schools: Debunking the Myth of Success
41:36 - Cultivating a Wealth Mindset in Children
45:20 - The Utility Debate in Cryptocurrency
56:07 - Investing 101: Where to Put Your First $5000
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About my guest:
Lloyd James Ross serves as the Founder of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events. With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing. He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC. Moreover, he is the esteemed host of the critically acclaimed podcast, "Money Grows On Trees," which boasts over one hundred 5-star reviews and aims to achieve one million downloads by the end of 2024. Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations. Beyond his professional endeavors, Lloyd is a devoted husband to his beloved wife Alisha and a proud father of a charming sausage dog named Elvis. During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio.
Connect with Lloyd
Instagram: https://www.instagram.com/lloydjamesross/
Podcast: https://podcasts.apple.com/nz/podcast/money-grows-on-trees-the-podcast/id1576285789
For more insights into Lloyd's world, explore his latest book at
https://moneybuyshappinessbook.com/order-form-608293311699033990966
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