051. Luxury Lexicon Part 1- Money Talks

Elevate your financial fluency with terms every investor should know. Inspired by the Couples Dictionary Challenge, Amber is breaking down the vernacular of the rich. You'll learn who your friends & family really are, what types of unicorns you should chase, and what Andy Cohen has to do with index funds. -------------------------In today's episode, we cover the following:Intro (1:15)Friends & Family Investing (8:48)Bull markets and bear markets (20:45)High-net-worth vs. ultra-high-net-worth (25:01)Leverage as a means to build wealth (27:46)A lesson from the merchants of the Gold Rush (34:41)Unicorns in business (38:17)Business valuation(39:32)Price-to-Earnings (P/E) Ratios (43:52)Hockey Sticks and startups(45:05)Market Cap (47:16)Index Funds and Bravo TV (48:15)Conclusion (55:05)----------------------------RESOURCESRead Stephanie from AFMKTG's blog post: Luxury Terms You Need to KnowEpisode 011: The Hot Girl's Guide to Investing ----------------------------Today's episode is brought to you by Trust & Will—in just a few clicks, you'll be well on your way to building generational wealth. Protect your assets today at trustandwill.com.----------------------------Connect with the Old Money Podcast:Web: OldMoneyPodcast.comEmail: OldMoneyPodcast@gmail.comInstagram: @OldMoneyPodcastTikTok: @OldMoneyPodcast----------------------------Copyright (c) Old Money 2024. The content presented in this podcast is intended to entertain, educate, inspire and support listeners in their personal and professional development and does not constitute business, financial, or legal advice. Please note that this episode may contain paid endorsements and advertisements for products and services for which individuals on the show may have a direct or indirect financial interest in products or services related to the episode. Produced by AFMEDIA, a division of AFMKTG