PODCAST

Wealth Formula Podcast

Buck Joffrey

Financial Education and Entrepreneurship for Professionals

business investing

All Episodes

31:04

506: Mortgages and Reverse Mortgages with Wade Pfau

Wealth Formula Podcast ·

2025/05/11

, our online mastermind group, is where we dive into the financial questions that keep us up at night, and one debate that keeps coming up is whether to pay off your mortgage. It’s a complex question, but let’s unpack the math and the emotion so you can decide for yourself. First, think of your mortgage as a lever: with just 20% down, you control 100% of your home’s value. On a $500,000 property, that means your $100,000 down payment magnifies the impact of appreciation. If home values rise 4% in a

en-us

51:41

505: Andy Tanner on Cash Flowing Stocks for Double...

Wealth Formula Podcast ·

2025/05/04

I used to scoff at Wall Street, believing the stock market was the last place to build real, life-changing wealth. I leaned exclusively on real estate, private businesses—even Bitcoin—to grow my net worth. But times change. I’ve softened my stance on equities and now see a place for stocks in my portfolio—just not the way most people do. I think of them as cash-flowing assets, much like real estate, following the approach of Andy Tanner, Robert Kiyosaki’s “Rich Dad” stock advisor. Over the past two

en-us

46:39

504: Maximizing Profits by Paying Less Tax: Deferred...

Wealth Formula Podcast ·

2025/04/27

The last couple of weeks, we’ve been deep in the world of buying businesses. But what happens when it’s time to cash out? Maybe you’re ready to sell your business, that investment property you’ve managed for years, or another major asset you’ve poured your energy into. If you’re like most people, the thrill of a big sale is quickly followed by a less-exciting thought: “Wait, how much am I going to owe in taxes?” It’s the classic one-two punch—first the celebration, then the sinking feeling as you

en-us

39:45

503: How to Fund Your Commercial Real Estate or...

Wealth Formula Podcast ·

2025/04/20

Last week on Wealth Formula Podcast, we dove deep with an expert who specializes in due diligence for small business acquisitions. To reiterate, what makes small business acquisitions especially enticing are the incredible financing opportunities available through the SBA. Imagine this: you only put down 10 percent on a $5 million business, and suddenly, you're in control of a business that throws off a million dollars per year in cash flow after paying monthly loan charges. That’s what these

en-us

31:07

502: Should You Buy a Business?

Wealth Formula Podcast ·

2025/04/13

Lately, I've been thinking about starting a new business. I know the market seems like it's crashing around us, and we're probably headed into a recession. But hey—I started my first business back in 2009, and it doesn’t get much worse than that, right? Well, maybe it can. And that's exactly why I've been considering buying a business instead of starting one from scratch, particularly because of the SBA loan options available right now. Here's how an SBA 7(a) loan breaks down for a $1,000,000

en-us

10:19

Time to Invest!

Wealth Formula Podcast ·

2025/04/08

Now’s the time to move. Markets are down, fear is high—and that’s exactly when the smart money starts to deploy. If you’ve been sitting on the fence about the , this might be your moment. Learn how you can leverage market downturns with guardrails in place and amplify your upside while protecting the downside. Connect with Rod at

en-us

35:55

501: Real Estate Postmortem - Lessons from the Crash...

Wealth Formula Podcast ·

2025/04/06

Charlie Munger, the late sage of value investing and Warren Buffett’s right-hand man, once said there are only three ways a smart man can go broke: “liquor, ladies, and leverage.” Now, of the three, leverage is the sneakiest. It shows up dressed like opportunity, whispers promises of scale and speed, and before you know it—you’re in a capital call or margin call. But let’s be clear: leverage isn’t the enemy. In fact, if your goal is to become truly wealthy—if you want to build lasting, generational

en-us

27:44

500: What Is the Big Deal about Private Equity?

Wealth Formula Podcast ·

2025/03/30

When it comes to building wealth, the allure of exotic investment products can be hard to resist. From cryptocurrencies to rare collectibles, these options promise excitement, exclusivity, and the potential for big returns. But are they truly superior to buying the market or some rental real estate? Let’s take a look at a few popular exotic investments. 1. Cryptocurrency: High Risk, High Reward? The upside is real—early adopters have seen life-changing gains, and blockchain technology offers genuine

en-us

25:26

499: Scott Bessent’s 3-Part Playbook for America

Wealth Formula Podcast ·

2025/03/23

As I reflect on the difference between Trump's first administration and his current one, I notice a marked shift. When Trump first took office, his message and objectives weren't clear to me. Beyond the promise of building a wall, I struggled to understand his vision. This time around, it's vastly different. His message is laser-focused, and I've been particularly intrigued by the administration's economic approach. Many of his advisors and cabinet members come from the private sector, bringing a

en-us

41:44

498: What Renewable Energy Looks Like without the...

Wealth Formula Podcast ·

2025/03/16

Renewable energy is often discussed in political terms, but here's a straightforward look at the financial side. In the last decade, solar energy costs have fallen dramatically—by nearly 90% since 2010. In top markets, solar panel costs dropped from about 29 cents per kilowatt-hour to under 3 cents. By contrast, new coal and gas plants still cost between 5 and 17 cents per kilowatt-hour, and these figures don’t include the unpredictable nature of fuel prices. According to firms like Lazard, solar

en-us

35:05

497: Starting from Scratch as a New High Paid...

Wealth Formula Podcast ·

2025/03/09

It's been some time since we did an Ask Buck show, and I realized last week that I have some unanswered questions in the inbox. The first question I read ended up being kind of a broad one, but it made me really think about how it all started for me. I started this podcast over a decade ago after realizing that there were not a lot of good resources for high-paid professionals to learn about personal finance. Of course, there were the Suze Ormans of the world, but what I wanted to do was to share

en-us

40:53

496: The Gold Bug Who Got Infected by Bitcoin

Wealth Formula Podcast ·

2025/03/02

I really hope you listened to last week’s episode of Wealth Formula Podcast. If you did, it may have convinced you to get some exposure to bitcoin in your portfolio. And if you did that last week, all I have to say is…WELCOME TO CRYPTO! As of this writing, bitcoin is trading at approximately $84,000, a decline of over 20% from its recent high of nearly $107,000. If you’re not used to this kind of volatility, get used to it. And, I might also make the suggestion that you embrace it! Why? Well, lets

en-us

51:12

495: What You MUST Know about Bitcoin in the Era of...

Wealth Formula Podcast ·

2025/02/23

To my credit, I was relatively early in my recognition that Bitcoin was for real and that it wasn't going to zero. It was 2016, and, up to this point, I had the misfortune of hearing only one narrative about Bitcoin—that of Peter Schiff. Peter is a very smart guy and quite convincing if you listen to his podcast. At the time, I was an avid listener and my opinion on bitcoin was shaped only by his view. It wasn't until I went to an entrepreneurs' meeting in the Fall of 2016 that I heard the real

en-us

58:06

494: Wealth Formula Community Members Share Their...

Wealth Formula Podcast ·

2025/02/16

Hey everyone, On this week’s Wealth Formula Podcast, I'm talking with members of our very own community who are using and as part of their personal financial plans. They're going to share their individual journeys – why they chose Wealth Accelerator/WFB, what challenges they faced along the way, and, most importantly, what kind of results they're seeing. These are real stories from your peers that you should find helpful. If you've been looking for strategies that are both safe and

en-us

35:32

493: Tax Strategies for High Paid Professionals

Wealth Formula Podcast ·

2025/02/09

People have a misconception of what the tax code is. While there are a few pages devoted to telling you when you must pay taxes, the majority of it is about the situations in which you can avoid them. That's why it's important to find a competent tax professional. And that's not as easy as you might expect. You see, most high-paid professionals get their tax professionals from referrals from other professionals. And, most high-paid professionals like doctors are very risk-averse when it comes to

en-us

41:20

492: What You Need to Know Today about DeepSeek,...

Wealth Formula Podcast ·

2025/02/02

When I started this podcast a decade ago, I was completely focused on real estate. I had some pretty dogmatic views back then and didn’t really consider other investment options. That mindset worked for me. I’ve been a real estate investor since 2010, and while the market’s in a tough spot right now, we did enjoy over a decade of a bull market. That’s just how investing goes—ups and downs, and you hope the good times outpace the bad. Regarding real estate, I believe we’re essentially back in 2010

en-us

40:16

491: Tom Wheelwright - Tax Changes Coming for 2025!

Wealth Formula Podcast ·

2025/01/26

For most people, taxes are nothing more than a necessary evil—a burden to be minimized and avoided at all costs. But that mindset might not be the most productive one to take. Consider that the tax code might not just be a drain on your resources but a roadmap to creating wealth. The truth is that the tax code is nothing more than a series of incentives. It’s filled with opportunities for those who understand how to use it. As painful as it may be, think of the government as a business partner

en-us

40:11

490: Investing Tips with David McKnight

Wealth Formula Podcast ·

2025/01/19

Let’s talk about a fundamental difference in the way traditional investors think versus those of us who invest in alternative assets. The traditional investor sees the stock market, bonds, and mutual funds as the safe and stable way to grow wealth over time. And look, stability is not a bad thing. But here's the problem: how many people do you know who have become truly wealthy by just sticking with traditional investments? Sure, you can retire comfortably if you're disciplined, but are you really

en-us

31:49

489: The Humble Investor

Wealth Formula Podcast ·

2025/01/12

As intelligent people, we often overcomplicate things? Whether it’s in business, health, or relationships, we’re constantly seeking advice, following trends, and trying to use complex strategies to optimize our results. As you may know, I am deeply entrenched in the longevity space. As a physician and science person, I am fascinated by this stuff. And while there are all sorts of drugs, supplements and tactics that could incrementally add to our lifespans, right now it is pretty clear that the most

en-us

30:08

488: On to 2025

Wealth Formula Podcast ·

2025/01/05

Wealth Formula Nation, First and foremost, let me start by wishing you a Happy New Year! It’s 2025, and as we shake off the confetti and champagne from the celebrations, we step into a year full of possibilities—and, let’s be honest, plenty of question marks. Every new year brings its own share of challenges and opportunities, but this one feels particularly charged. We’re looking at a world where the economic landscape is being rewritten in real time. There’s a new administration in Washington,

en-us

562 results

Wealth Formula Podcast

All Episodes

Similar Podcasts

TaxTalent.com The Golden Rule Podcast

Adam Golden

TaxTalent.com Podcast

Tony Santiago

Nomad Capitalist Audio Experience

Nomad Capitalist

Supply Shock

Blockworks

RadioBorsa - La tua guida controcorrente per investire bene nella Borsa e nella Vita

SoldiExpert SCF