Receive Exclusive Financial Content Every Week!      Sign Me Up

121: Are We Really a Capitalist Society? A Harvard Professor Explains.

When I was in high school, I remember taking my first political science course. That was the first time I learned the political meaning of conservative or liberal. Up to this point, I had viewed those words as synonymous with Republican or Democrat. Of course that wasn’t quite the same thing. A conservative, I learned, was someone who […]

120: Prefrontal Investing with Dr. David Phelps

The prefrontal cortex is the CEO part of the brain. It is involved with personality, decision making, and moderating social behavior including impulse control and risk taking. You may not be surprised to learn, therefore, that this structure matures late in life. One study found that the prefrontal cortex may continue maturing late into your […]

119: Why WAX is HOT!

I remember being a kid in the back of my parents’ car on long driving trips to Wisconsin—we used to go to a place called Wisconsin Dells which is kind of a “Las Vegas for children”—lots of water parks, go-karts, and stuff like that. We’d stay in a cheap hotel with a swimming pool and […]

117: BETTER than a Self Directed IRA!

One thing I’ve learned in life is that someone is always ready to tell you why something can’t be done and usually they are wrong. I had that happen with my first accountant. Years ago, I was reading some of Kiyosaki’s and Tom Wheelwright’s stuff and told him what I wanted to do. He told […]

116: Central Bank Collusion with Nomi Prins

The central theme of Wealth Formula Podcast is that there are two investing worlds. One is for the poor, middle class, and the upper middle class. The other is for the ultra-wealthy. Now the funny thing is, that many of those in the middle and upper-middle classes could be investing like the ultra-wealthy but one […]

115: Ask Buck with Lane Kawaoka

I don’t know about you, but I love the 4th of July holiday. I love getting together with family and watching fireworks—that’s for sure. But the 4th of July, to me, reminds of the greatest advantage with which I was born—the opportunity to grow up an American. I am two generations away from poverty in […]