The No. 1 Moneymaking Trick of the Super Wealthy

The No. 1 Moneymaking Trick of the Super Wealthy | Inside Baseball: Play of the Day Ep. 36

In this week’s episode, Alex Boulden takes a look at the No. 1 moneymaking trick of the super wealthy and how they use it to buy stocks. Keep it locked in right here. At the beginning of this year, Alex decided to read Rich Dad Poor Dad by Robert Kiyosaki, and Robert made one point that really stood out.

He said, “The rich buy assets. The poor only have expenses. The middle-class buy liabilities they think are assets. The poor and the middle-class work for money. The rich have money work for them.” Now, what does this mean, exactly? Keep it locked in right here...

Inside Baseball: Play of the Day delivers you weekly insights on behind-the-scenes stock market moves. Inside baseball is defined as "the inner workings of a system that are only interesting to, or appreciated by, experts, insiders, and aficionados." Join us each Friday as your host, Alex Boulden, covers the latest legal insider trades and market-moving news.

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Episode Chapters
00:00 Introduction
00:20 Rich Dad, Poor Dad
01:18 What the Wealthy are Buying to Generate Consistent Income: Dividend Stocks
02:07 Dividend Stock No. 1 w/ Notable Insider Buying
02:18 Dividend Stock No. 2
02:30 Dividend Stock No. 3
02:41 Conclusion

Disclaimer: We do not provide personal investment advice. Forward-looking statements and projections are subject to change and may be inaccurate. All investing carries risk. Be smart out there. And good luck.