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June 7, 2024

The Proven Approach to Building Wealth - Financial Advisor Dan Ebert

Top Financial Advisor Dan Ebert lays out the simple way to build wealth and get rich in 2024. Dan explains how to invest, how to save money, the secret to becoming a millionaire, and how to achieve financial freedom.


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TIMESTAMPS

00:00 - Introduction.

00:36 - What does a financial advisor actually do?

02:10 - What makes up a sound financial plan?

04:14 - The eighth wonder of the world… compound interest.

05:37 - The concept of “reverse budgeting.”

06:27 - Why should people be unafraid (and afraid) of financial markets?

08:41 - How can you lose money without losing dollars?

10:03 - How does one start investing? Who needs a financial advisor? 

12:52 - How to build trust and grow a network.

14:55 - How to sell, how to deal with rejection.

19:50 - Dan as a part-time therapist.

21:48 - Dan’s book recommendation, different types of stocks.

23:43 - What does “diversification” mean? Why is it important? 

25:58 - Dan’s life lessons from his Wrestling career.

27:45 - “Cutting weight.”

29:22 - The importance of taking accountability and self-improvement.

31:26 - The cost of comparison and importance of gratitude.

34:56 - Dan’s 3 tips to “level up.”