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محتوای ارائه شده توسط Ryan Nelson & Aaron Hoisington, Ryan Nelson, and Aaron Hoisington. تمام محتوای پادکست شامل قسمتها، گرافیکها و توضیحات پادکست مستقیماً توسط Ryan Nelson & Aaron Hoisington, Ryan Nelson, and Aaron Hoisington یا شریک پلتفرم پادکست آنها آپلود و ارائه میشوند. اگر فکر میکنید شخصی بدون اجازه شما از اثر دارای حق نسخهبرداری شما استفاده میکند، میتوانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
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#31 - Compound Interest: What is Compound Interest, how does it works, and how does it compare to simple interest?
Manage episode 431414664 series 3530453
محتوای ارائه شده توسط Ryan Nelson & Aaron Hoisington, Ryan Nelson, and Aaron Hoisington. تمام محتوای پادکست شامل قسمتها، گرافیکها و توضیحات پادکست مستقیماً توسط Ryan Nelson & Aaron Hoisington, Ryan Nelson, and Aaron Hoisington یا شریک پلتفرم پادکست آنها آپلود و ارائه میشوند. اگر فکر میکنید شخصی بدون اجازه شما از اثر دارای حق نسخهبرداری شما استفاده میکند، میتوانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
Unlock the secrets to financial growth with Ryan Nelson, founder of Alchemy Wealth Management and author of "Your Fiscal Physical." Ryan breaks down the concept of compound interest through straightforward examples, like how a $10,000 investment at a 10% return can snowball into significant wealth over time. By tuning in, you'll gain a foundational understanding of how compound interest works and why it's a game-changer for long-term financial planning and investment strategies.
We'll also dive into the compelling comparison of two hypothetical investors, Ben and Joey, showcasing the monumental benefits of starting early. Ryan shares nuggets of wisdom from Albert Einstein, who famously called compound interest the "eighth wonder of the world." On a more personal note, we reflect on our proudest accomplishments and even have some fun with trivia about Warren Buffett's incredible net worth. This episode is packed with valuable insights and practical tips to help you master financial literacy and harness the power of compound interest.
…
continue reading
We'll also dive into the compelling comparison of two hypothetical investors, Ben and Joey, showcasing the monumental benefits of starting early. Ryan shares nuggets of wisdom from Albert Einstein, who famously called compound interest the "eighth wonder of the world." On a more personal note, we reflect on our proudest accomplishments and even have some fun with trivia about Warren Buffett's incredible net worth. This episode is packed with valuable insights and practical tips to help you master financial literacy and harness the power of compound interest.
Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk
If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com
And, as always, STAY THE COURSE!
فصل ها
1. #31 - Compound Interest: What is Compound Interest, how does it works, and how does it compare to simple interest? (00:00:00)
2. Understanding Compound Interest Growth (00:00:01)
3. The Power of Compound Interest (00:11:26)
4. Life's Proudest Achievements and Financial Growth (00:18:17)
67 قسمت
Manage episode 431414664 series 3530453
محتوای ارائه شده توسط Ryan Nelson & Aaron Hoisington, Ryan Nelson, and Aaron Hoisington. تمام محتوای پادکست شامل قسمتها، گرافیکها و توضیحات پادکست مستقیماً توسط Ryan Nelson & Aaron Hoisington, Ryan Nelson, and Aaron Hoisington یا شریک پلتفرم پادکست آنها آپلود و ارائه میشوند. اگر فکر میکنید شخصی بدون اجازه شما از اثر دارای حق نسخهبرداری شما استفاده میکند، میتوانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
Unlock the secrets to financial growth with Ryan Nelson, founder of Alchemy Wealth Management and author of "Your Fiscal Physical." Ryan breaks down the concept of compound interest through straightforward examples, like how a $10,000 investment at a 10% return can snowball into significant wealth over time. By tuning in, you'll gain a foundational understanding of how compound interest works and why it's a game-changer for long-term financial planning and investment strategies.
We'll also dive into the compelling comparison of two hypothetical investors, Ben and Joey, showcasing the monumental benefits of starting early. Ryan shares nuggets of wisdom from Albert Einstein, who famously called compound interest the "eighth wonder of the world." On a more personal note, we reflect on our proudest accomplishments and even have some fun with trivia about Warren Buffett's incredible net worth. This episode is packed with valuable insights and practical tips to help you master financial literacy and harness the power of compound interest.
…
continue reading
We'll also dive into the compelling comparison of two hypothetical investors, Ben and Joey, showcasing the monumental benefits of starting early. Ryan shares nuggets of wisdom from Albert Einstein, who famously called compound interest the "eighth wonder of the world." On a more personal note, we reflect on our proudest accomplishments and even have some fun with trivia about Warren Buffett's incredible net worth. This episode is packed with valuable insights and practical tips to help you master financial literacy and harness the power of compound interest.
Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk
If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com
And, as always, STAY THE COURSE!
فصل ها
1. #31 - Compound Interest: What is Compound Interest, how does it works, and how does it compare to simple interest? (00:00:00)
2. Understanding Compound Interest Growth (00:00:01)
3. The Power of Compound Interest (00:11:26)
4. Life's Proudest Achievements and Financial Growth (00:18:17)
67 قسمت
همه قسمت ها
×Send us a text Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!
T
The Fiscal Physical Podcast

Send us a text Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!
Send us a text Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!
T
The Fiscal Physical Podcast

Send us a text Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!
T
The Fiscal Physical Podcast

Send us a text Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!
T
The Fiscal Physical Podcast

Send us a text Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!
T
The Fiscal Physical Podcast

1 #60 Credit Checks Demystified: What They Mean and How They Affect You (Listener Questions Answered) 22:54
Send us a text Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!
Send us a text Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!
Send us a text Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!
T
The Fiscal Physical Podcast

Send us a text Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!
T
The Fiscal Physical Podcast

Send us a text Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!
T
The Fiscal Physical Podcast

Send us a text Discover how to safeguard your financial future with insights from Ryan Nelson, the perceptive founder of Alchemy Wealth Management. More than just discussing insurance, Ryan shares a personal narrative that underscores how minor mishaps can balloon into major financial setbacks. We'll break down the essentials of property and casualty (PNC) insurance, illustrating its vital role in protecting your assets and preserving your financial security. Equip yourself with the knowledge to prevent unforeseen expenses from derailing your retirement plans by understanding how to effectively cover your homes and automobiles against liabilities. Engage with strategic thinking as we navigate the complexities of financial planning through relatable scenarios. With an approach inspired by engineering problem-solving techniques, you'll learn how to assess risks and make informed decisions. Whether it's the small cost of earthquake insurance against the potential devastation of home loss or using a structured method to tackle everyday challenges, this episode offers practical strategies to enhance your financial resilience. Tune in to redefine your understanding of insurance and elevate your long-term financial strategy. Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!…
Send us a text Can active investing outpace its passive counterpart, or is the human touch an unnecessary expense? Get ready to explore these intriguing questions with us, Aaron Hoisington and Ryan Nelson, founder of Alchemy Wealth Management, on the Fiscal Physical Podcast. We pull back the curtain on these investment strategies, breaking down the role of a portfolio manager in active investing and its associated costs. Contrast that with the cost-effective, hands-off approach of passive investing, and you're left with a debate that has investors on both sides of the fence. Ryan sheds light on his role as a financial advisor, clarifying that portfolio management fees don't play a part in his services, leaving listeners with insights to better navigate their investment choices. But it's not all numbers and finance; we shift gears to share our personal encounters with fear and phobias. From the adrenaline rush of skydiving to an unexpected moment of trepidation on the Space Needle's rotating glass floor, we recount experiences that might just resonate with your own brushes with fear. We also dive into the peculiar world of trypophobia, where clusters of holes can send shivers down your spine. As we wrap up, we extend our gratitude to our listeners and dish out a dose of encouragement to stick to those New Year's resolutions. Whether you're here for financial wisdom or a good story, we've got a little something for everyone. Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!…
Send us a text Curious about how you can harness the power of modern portfolio theory to enhance your financial fitness? On this special year-end edition of the Fiscal Physical Podcast, we promise to unravel the intricacies of diversification and the efficient frontier to help you build a balanced investment portfolio. I’m joined by Ryan Nelson, founder of Alchemy Wealth Management and author of "Your Fiscal Physical: Seven Keys to Becoming Financially Fit," as we explore these fundamental concepts pioneered by Nobel laureate Harry Markowitz. Together, we dissect how strategic investment combinations, rather than just owning a variety of stocks, can reduce portfolio risk. Our conversation ventures into the realm of futuristic possibilities in technology and transportation. Reflecting on decades of technological leaps—from the Y2K era to the dawn of 2025—we consider what the future holds with innovations like autonomous vehicles, the Hyperloop, and even recreational space travel. Sharing personal anecdotes about self-driving cars in San Francisco, we also ponder the implications of artificial intelligence and advancements in medicine. This engaging discussion offers a glimpse into how these developments might reshape our world in the coming years, sparking both excitement and curiosity. To wrap up, we emphasize the importance of staying informed on your personal finance journey. With a plethora of resources available, including Ryan’s insightful book and the Alchemy Wealth Management website, you have the tools at your disposal to make informed financial decisions. We invite listeners to subscribe, rate, and review our podcast to stay updated on the latest episodes, and encourage you to send in your questions or topic suggestions. Remember, personal finance is unique to each individual, and our insights are meant to inform and entertain rather than serve as specific advice. Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!…
Send us a text Unlock the secrets to securing your financial future with insights from Ryan Nelson, founder of Alchemy Wealth Management. As our guest, Ryan sheds light on the often misunderstood world of Social Security. Learn why fears of its depletion may be overblown and how the system is actually funded by today's workforce and the Old Age and Survivor Insurance Trust Fund. Discover the real dynamics behind Social Security and gain a clearer perspective on its sustainability. Ryan also shares practical strategies to maximize your benefits, especially vital as demographic shifts challenge the system's robustness. Beyond Social Security, we take you on a fascinating journey through the history of inventions that have transformed our lives, from the humble wheel to modern water filtration systems. Explore the revolutionary impact of these innovations and how they've paved the way for future advancements, especially the technological boom that has changed the way we live and work. Whether you're planning for retirement or simply curious about the evolution of technology, this episode promises to enhance your financial literacy and appreciation for the incredible innovations shaping our world. Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com And, as always, STAY THE COURSE!…
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