• Investing is Saving
    Dec 23 2024
    In this eye-opening episode of Money Grows On Trees, host Lloyd Ross challenges conventional wisdom by revealing that even your savings account is an investment. Are you concerned about taking the first step into investing, worried about risks, or unsure about the impact of inflation on your savings? Lloyd breaks down how your money in a bank is essentially a low-return bond and explains why financial education is crucial for maximizing your returns and combating inflation. Discover why sitting on cash might not be as safe as it seems and learn practical tips for moving towards more effective investment strategies like index funds. This episode is a must-listen for anyone looking to transform their financial mindset and grow their wealth. Intrigued? Tune in now to learn how to wield the power of money and make your savings truly work for you. Timestamps and Key Sections: 00:00 Bank savings equal investing through bank bonds. 03:07 Educate yourself: invest smartly to fight inflation. 07:02 Invest in yourself: Buy two financial books. Who is The Millionaire Money Mentor, Lloyd Ross: Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events. With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing. He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC. Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024. Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations. Beyond his professional endeavors, Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis. During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio. For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg Stay updated with his adventures on Instagram by following @lloydjamesross. Resources and Links: - Explore Lloyd’s insightful books: Money Buys Happiness Book - Connect with Lloyd on Telegram: Lloyd’s Telegram - Leave a review and get a shoutout on the podcast: Spotify Review Enjoyed this episode? Don’t forget to subscribe to "Money Grows on Trees" on Spotify, leave a review, and share your thoughts. Visit our website for more resources and updates. Remember, your financial freedom starts with how you manage your time! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication. This podcast is produced by Phil Better Inc.
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    20 mins
  • Global Economy Update (Dec 2024)
    Dec 16 2024
    Join Lloyd Ross in the latest episode of Money Grows on Trees, where he delves deep into the current state of the global economy. From Australia's property bubble to the potential renaissance of the American economy under new leadership, Lloyd provides his insightful analysis on various economic landscapes. Discover valuable tips on navigating through unprecedented economic conditions, the importance of investing wisely, and where potential opportunities lie amidst market volatility. Don't miss Lloyd's unique perspective on the interplay between global and domestic markets and how to position yourself for financial success in 2024 and beyond. Tune in now for a comprehensive and engaging economic update! Timestamps and Key Sections: 00:00 Focus on long-term assets, regardless of economy. 06:11 Opportunities in Australia; U.S. addressing debt issues. 09:15 US shifting military focus to drone technology. 12:02 Value found in Chinese tech amid geopolitical risks. 16:58 AI and robotics will drive productivity gains. 18:20 Signed publishing deal with Wiley for book. Who is The Millionaire Money Mentor, Lloyd Ross: Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events. With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing. He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC. Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024. Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations. Beyond his professional endeavors, Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis. During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio. For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg Stay updated with his adventures on Instagram by following @lloydjamesross. Resources and Links: - Explore Lloyd’s insightful books: Money Buys Happiness Book - Connect with Lloyd on Telegram: Lloyd’s Telegram - Leave a review and get a shoutout on the podcast: Spotify Review Enjoyed this episode? Don’t forget to subscribe to "Money Grows on Trees" on Spotify, leave a review, and share your thoughts. Visit our website for more resources and updates. Remember, your financial freedom starts with how you manage your time! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication. This podcast is produced by Phil Better Inc.
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    20 mins
  • Four Practical Steps for Accelerating Your Debt Payoff Journey
    Dec 9 2024
    In this eye-opening episode of "Money Grows On Trees: The Podcast," host Lloyd Ross delves into the daunting topic of debt and provides listeners with a practical, step-by-step guide on how to pay it off faster. Lloyd shares his personal experiences and effective strategies, encapsulated in four actionable steps, designed to help you regain control over your finances. Whether you're struggling with credit card debt, student loans, or mortgage payments, this episode offers the insights you need to alleviate financial pressure and achieve peace of mind. Tune in to learn how to list and prioritize your debts, refinance for better terms, cut costs, and completely restructure your spending habits to pave the way for a debt-free future. Don't miss out on these invaluable tips that can transform your financial situation—listen now and take the first step towards financial freedom! Timestamps and Key Sections: 00:00 Simple plan to effectively pay off debt. 05:16 Use interest-free card to pay high-interest debt. 06:14 Refinance credit card debt, pay off quickly. 09:50 Create emergency fund; explore ways to earn. 12:46 Share episode, review, visit links for resources. Who is The Millionaire Money Mentor, Lloyd Ross: Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events. With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing. He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC. Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024. Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations. Beyond his professional endeavors, Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis. During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio. For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg Stay updated with his adventures on Instagram by following @lloydjamesross. Resources and Links: - Explore Lloyd’s insightful books: Money Buys Happiness Book - Connect with Lloyd on Telegram: Lloyd’s Telegram - Leave a review and get a shoutout on the podcast: Spotify Review Enjoyed this episode? Don’t forget to subscribe to "Money Grows on Trees" on Spotify, leave a review, and share your thoughts. Visit our website for more resources and updates. Remember, your financial freedom starts with how you manage your time! ~~~~~~~~~~~~~~~~~~~~~~~~~~ The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication.This podcast is produced by Phil Better Inc.
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    14 mins
  • Why Lloyd Doesn't Own Bitcoin
    Dec 2 2024
    Ever wondered why a seasoned investor like Lloyd Ross steadfastly avoids Bitcoin despite its astronomical gains? In this candid episode of Money Grows on Trees: The Podcast, Lloyd delves into the compelling reasons behind his decision and explores the broader implications for your financial strategy. Why does Lloyd compare cryptocurrency speculation to buying vintage oil signs or art collections? What’s the core principle that keeps him loyal to traditional businesses and index funds? Discover Lloyd’s insightful viewpoints that challenge mainstream crypto enthusiasm, fostering a deeper understanding of financial prudence. In a compelling moment, Lloyd leaves listeners with a thought-provoking comparison between Bitcoin and the world's top 500 companies, emphasizing true value versus hype. Join us for this enlightening discussion and rethink your investment strategy on Money Grows on Trees: The Podcast. Timestamps and Key Sections: 00:00 Explaining why I don't own cryptocurrency. 03:46 Prefer predictable investments over speculative ones. 06:57 Invest in predictably valuable publicly listed companies. Who is The Millionaire Money Mentor, Lloyd Ross: Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events. With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing. He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC. Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024. Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations. Beyond his professional endeavors, Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis. During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio. For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg Stay updated with his adventures on Instagram by following @lloydjamesross. Resources and Links: - Explore Lloyd’s insightful books: Money Buys Happiness Book - Connect with Lloyd on Telegram: Lloyd’s Telegram - Leave a review and get a shoutout on the podcast: Spotify Review Enjoyed this episode? Don’t forget to subscribe to "Money Grows on Trees" on Spotify, leave a review, and share your thoughts. Visit our website for more resources and updates. Remember, your financial freedom starts with how you manage your time! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication. This podcast is produced by Phil Better Inc.
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    10 mins
  • Ep 195: Why I Prefer Productive Assets Over Gold and Bitcoin
    Nov 25 2024
    In this eye-opening episode of Money Grows On Trees: The Podcast, host Lloyd Ross dives deep into why he avoids investing in cryptocurrency and gold. Instead, Lloyd emphasizes the importance of investing in productive assets like businesses, farmland, and real estate. Learn why these assets are superior for wealth creation and how understanding this principle can transform your financial future. Timestamps and Key Sections: 00:00 Prefers index funds over gold or cryptocurrency. 05:15 Currency type doesn't matter; production capability does. 07:59 Speculation vs. investing: Gold, crypto, fiat compared. Who is The Millionaire Money Mentor, Lloyd Ross: Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events. With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing. He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC. Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024. Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations. Beyond his professional endeavors, Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis. During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio. For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg Stay updated with his adventures on Instagram by following @lloydjamesross. Key Takeaways: Avoid Non-Productive Assets: Gold and cryptocurrency do not generate additional value over time. Focus on Productive Assets: Invest in businesses, real estate, and farmland that produce recurring revenue. Historical Context Matters: Understanding the history and performance of various assets is crucial. Currency Type is Irrelevant: Focus on assets that produce value regardless of the currency. Real-Life Examples: Practical scenarios explain why productive assets are superior investments. Resources and Links: - Explore Lloyd’s insightful books: Money Buys Happiness Book - Leave a review and get a shoutout on the podcast: Spotify Review SEO Keywords: Money lessons, practical money lessons, real life money lessons, money mindset, financial goals, crypto, gold investment, index fund, nonproductive assets, real estate, inflation, gold standard, digital money, investing in businesses, productive assets, wealth creation, financial freedom, Berkshire Hathaway, Warren Buffett, stock market investment, rental income, business ownership, Lloyd Ross ~~~ The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication This podcast is produced by Phil Better Inc.
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    11 mins
  • EP. 194 - Smashing the Retirement Myth: Achieving Financial Independence Early
    Nov 18 2024
    In this thought-provoking episode of "Money Grows On Trees," host Lloyd Ross dives deep into the concept of retirement. He challenges conventional wisdom and questions whether the idea of waiting until age 65 to truly live your life might be a myth crafted by banks and employers. Lloyd shares insights on how to achieve financial independence now, rather than later, through entrepreneurship, strategic investments, and living a purpose-driven life. He also introduces the concept of the "Misoji," inspired by Japanese rituals, to live a fuller and richer life every year. Timestamps and Key Sections: 00:00 Questioning the necessity of traditional retirement plans. 03:24 Live joyfully now, aligned with your purpose. 07:58 Quarterly mini retirements with staycations or travel. 10:06 Start now, don't wait for "one day." Who is The Millionaire Money Mentor, Lloyd Ross: Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events. With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing. He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC. Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024. Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations. Beyond his professional endeavors, Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis. During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio. For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg Stay updated with his adventures on Instagram by following @lloydjamesross. Key Takeaways: Questioning Retirement– Is the concept of waiting until 65 to live fully a scam? Financial Independence– Strategies to become financially independent without waiting decades. The Misoji– Incorporating the Japanese ritual of doing one big audacious goal annually. Live Now– Practical advice on making small changes today to live a more fulfilling life. Mini Retirements– Embracing mini vacations to enrich your life regularly. SEO Keywords: Money lessons, financial goals, retirement, passive income, entrepreneurship, lifestyle entrepreneur, financial independence, retirement scam, business growth, money mindset, investing, personal finance, financial freedom, achieving goals, financial independence, lifestyle changes, retirement planning, live life now, Japanese ritual Misogi, bold goals, travel goals, mini vacations, mini retirements, staycation, ~~~ The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication This podcast is produced by Phil Better Inc.
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    14 mins
  • Ep: 193 - Breaking the Myth: You Don't Need to Be Rich to Invest
    Nov 11 2024
    In this episode of Money Grows on Trees: The Podcast, host Lloyd Ross dives into the pervasive myth that you need to be wealthy to start investing. Lloyd deconstructs this belief and offers practical advice on how anyone can begin their investment journey with even small amounts of money. From understanding compound interest to setting realistic financial goals, this episode provides actionable steps to secure a financially stable future. Timestamps and Key Sections: 00:00 Feeling excluded from investment opportunities due to finances. 05:11 Small savings invested grow to $1,000,000. 06:18 Start small, reap bigger financial harvest later. Who is The Millionaire Money Mentor, Lloyd Ross: Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events. With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing. He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC. Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024. Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations. Beyond his professional endeavors, Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis. During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio. For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg Stay updated with his adventures on Instagram by following @lloydjamesross. Key Takeaways: Investing is Not Reserved for the Wealthy- Anyone can start investing with small amounts. Be-Do-Have Mindset- Approach investing with the mindset of being wealthy now through small habits. The Power of Compound Interest- Small, regular investments can grow significantly over time. Real-Life Application- Techniques to find extra money to invest from daily expenses. Resources and Links: - Explore Lloyd’s insightful books: Money Buys Happiness Book Spotify Review SEO Keywords: Money lessons, practical money advice, investing, financial goals, entrepreneurship, money mindset, wealth building, financial future, start investing, compound interest, S&P 500 index, financial security, financial independence, small investments, rich mindset, money habits, saving money, micro investing, dollar-cost averaging, money management, investment risk, financial literacy, stock market, real estate investment, cryptocurrency, money tree, financial stability, long-term investing, personal finance, millionaire mindset, financial growth. ~~~ The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication This podcast is produced by Phil Better Inc.
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    9 mins
  • 192-The Circle of Competence: Why Focused Investing Leads to Greater Wealth
    Nov 4 2024
    In this episode of Money Grows on Trees, hosts Lloyd Ross and Ed Wright dive deep into the concept of the 'Circle of Competence,' offering listeners a blueprint to focus their investment strategies and build substantial wealth. Drawing inspiration from investing legend Warren Buffett, Lloyd explains why it's crucial to concentrate on one or two asset classes that align with your expertise, rather than spreading yourself too thin. Learn how to eliminate the noise, overcome analysis paralysis, and take actionable steps toward financial success. Timestamps and Key Sections: 00:00 Stuck in investment indecision; simplify for success. 05:04 Focus on investments within your competency circle. 06:42 Focus on one area and simplify investments. 10:00 Check show notes, book, and upcoming event. Who is The Millionaire Money Mentor, Lloyd Ross: Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events. With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing. He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC. Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024. Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations. Beyond his professional endeavors, Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis. During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio. For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg Stay updated with his adventures on Instagram by following @lloydjamesross. Key Takeaways: Focus on one or two asset classes within your circle of competence. Simplify your investment strategy to avoid feeling overwhelmed. Warren Buffett’s success stems from sticking to what he knows best. Keep your investments straightforward with principles like “1 house, 1 index fund, 1 business." Investing doesn't require mastering every asset class, but understanding a few key investments deeply. Less active management in investing often yields better results. Resources and Links: - Explore Lloyd’s insightful books: Money Buys Happiness Book SEO Keywords: Money Grows on Trees, financial news, investing, stocks, real estate, cryptocurrency, bonds, commodities, analysis paralysis, Warren Buffett, investing strategy, undervalued stocks, financial goals, investment opportunities, wealth building, circle of competence, ~~~~ The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication. This podcast is produced by Phil Better Inc.
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    11 mins