Is your cash losing value faster than you can save it? Robert Rolih’s philosophy of ‘cash is trash’ challenges the conventional wisdom of holding onto your savings while inflation quietly erodes its worth. In this episode, we explore how to protect your wealth from this hidden threat, drawing inspiration from our own financial journey. From the turbulent stock markets of the COVID-19 era to our cautious steps into cryptocurrency, we’ve had our fair share of highs and lows. But now, influenced by Robert, we’re shifting focus towards ETFs and index funds-diversified investment vehicles that offer stability and steady growth over time. Our conversation delves into the complexities of financial markets, revealing how we’ve embraced strategic opportunities and, more importantly, learned from our missteps to pave a more secure path forward.
On Project Peak Performance, we also take a hard look at the age-old debate between property and stock market investments. We weigh up how each asset class aligns with different risk appetites and long-term goals, whether it’s leveraging property for significant returns on small investments or spreading risk through index funds like the S&P 500. We share intriguing investment wins, such as a surprising gold stock triumph, and discuss why starting with a mock trading account could be the smartest way to test your strategy without real-world consequences. Community feedback and learning from past mistakes play a vital role in refining our approach, as we aim to expand our knowledge with insights from Robert Rolih and other financial experts, ensuring that every decision is built on experience and growth.