The Anti-Financial Plan with Chris Miles

02/11/2021 56 min Episodio 79

Listen "The Anti-Financial Plan with Chris Miles"

Episode Synopsis


Join Vince with his guest Chris Miles as they talk about why you should go against what financial advisors teach, from an experienced former financial advisor himself. In a time where retirement seems dangerous to many people today, Chris shares the story of how quitting his career as a financial advisor allowed him to attain financial independence twice. Today, Chris talks more knowledge about why banking on appreciation is a big gamble, the flywheel concept from the book Good to Great, what doesn't make you a conservative investor, how you can make your investment pay you twice, and the loopholes of financial advising that made him choose to exit. There's a lot to unpack, so stay tuned and enjoy the episode!



Outline of the episode: 

●    [01:45] Chris Miles – on going against everything he learned as a financial advisor

●   [04:15] From teaching people how to get out of the rat race to teaching resourcefulness

●   [09:08] The Financial Advisor's Mindset

●   [14:26] But that's not value add…

●   [18:02] The most expensive rip-off insurance policy I could've ever bought

●   [23:03] They'll tell you that you're paying yourself

●   [28:04] What is the Flywheel Concept?

●   [33:46] Appreciation is the gravy on top!

●   [38:11] Turn your mind away from what everybody's saying

●   [42:23] I'm a teacher!



Resources:

●   Money Ripples | Create Freedom & Prosperity Today

●  The Chris Miles Money Show

●  Good to Great: Why Some Companies Make the Leap, and Others Don't

●  Who Took My Money?: Why Slow Investors Lose and Fast Money Wins!



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