Why Mutual Funds, CDs and Bonds Aren't Going to Get You Rich with Jaden Sterling
Updated: May 7, 2020
Jaden Sterling explains in this episode why he isn't a fan of the traditional investing concepts that you hear from banks and brokerage firms, in fact, he's not a fan of banks and brokerage firms either. He goes into detail why he advises against mutual funds, CDs and bonds. He explains how he's leveraged his wealth over the years and how he climbed to the top of the 1% income earners in the United States in his mid-20s.
Jaden Sterling speaks internationally on topics including “How to Activate your Mind, Body and Spirit for Success,” “Discovering Your Destiny,” and “How to Turn Your Passion into Profit.”
The author of the best-selling book, The Alchemy of True Success and Manifesting Wealth & Wisdom Daily Oracle Cards, Jaden is committed to sharing with his growing audience how to access that special place inside themselves, so that they too can experience true success and live a life of freedom.
In this episode, Jaden Sterling talks about:
How Jaden got started in financial advising?
How he knew what he wanted to do at 14 years old.
Why he’s not a fan of bonds, stocks, CD’s and mutual funds.
How he was able to retire at 31 as a millionaire.
Why banks/brokerage firms are constructed to make themselves money and not make you money. “Banks are just simply bad for your financial picture.”
Focus on individual stocks if you want 7 and 8 figures.
His 3:1 formula for investing How he uses equity and margin during a cash crunch.
How to be in service to people in order to make money.
How he uses intuition to guide him on investing and how he knows if it’s a yes.
His 24-hour rule before he makes a big investment.
Whenever money comes unexpectedly, save half of it and invest the rest.
His country club tip to elevate your money threshold.
“Money seeks us as much as we seek it.”
The importance of asking for help and how it really tips the scale.
The symbolism of the infinity symbols in regards to receiving/giving money.
His biggest money tip - just say NO to bonds and mutual funds.
Sterling Stock Picker: https://sterlingstockpicker.com/