In this episode, we take a look at the sources of income of taxpayers with varying income levels.
You will find out the tools the rich and ultra-wealthy use to build wealth, and why they don't use the tools that the bottom percentile of earners use.
Intro: (0:00)
Sources of Income by Taxpayers: (0:24)
Why the Wealthy Avoid Wages: (1:06)
How the Rich Build Wealth: (2:30)
Understanding Risk vs. Reward: (3:45)
The #1 Fastest Way to Build Wealth: (4:49)
The #2 Fastest Way to Build Wealth: (5:35)
The #3 Fastest Way to Build Wealth: (7:06)
Why Saving is a Bad Plan for Wealth: (8:45)