Oct. 24, 2018

Heads I Win, Tails You Lose With Patrick Donohoe - Episode 58

Heads I Win, Tails You Lose With Patrick Donohoe - Episode 58

If you mastered your emotions you’d be a master of your finances. That’s a bold statement and Patrick Donohoe the author of Heads I Win, Tails You Lose talks with Curtis about looking at fear, negative emotions and the keys to being successful....

If you mastered your emotions you’d be a master of your finances. That’s a bold statement and Patrick Donohoe the author of Heads I Win, Tails You Lose talks with Curtis about looking at fear, negative emotions and the keys to being successful.

Curtis’s motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

 

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Show Notes

  • Why emotional intelligence is hard - 3:13
  • Patrick's background - 4:52
  • He tells us when he saw a great opportunity - 5:47
  • He tells us when he met Kim Butler and how Nelson Nash's book helped him - 6:30
  • Patrick’s vision with help individuals learn about what happened since 2008 - 8:14
  • What we do every single day makes a difference - 8:50
  • Patrick talks about retirement, freedom, and desire of retirement in his book - 12:49
  • The importance of finding financial independence  - 13:53
  • How to be financially free? - 14:48
  • Financial freedom and financial independence - 16:17
  • The best return on investment you can get is investing in yourself - 20:40
  • How to create constant growth - 22:22
  • The perpetual wealth strategy: Second Chapter of Patrick's book - 23:08
  • Having liquidity - 24:27
  • They talk about Private Mutual Insurance Companies - 25:20
  • Curtis tells us about the study guide in Patrick's book - 28:53
  • The nature of savings and borrowing - 30:10
  • Tools to grow your wealth - 32:07
  • Opportunity cost as a profound principle - 35:41
  • They talk about leverage (investment strategy of using borrowed money) - 37:26
  • Understanding how money works - 41:56
  • Patrick shares with us the books that he is reading now - 42:41
  • Where you can find Patrick's book - 44:09
  • Security is the ability to produce - 46:22

 

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