The Wealthy Idiots

The Wealthy Idiots

Personal Finance Tips and News

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  • Doug Andrew Exposed! The Great Lies of Index Universal Life (IUL)

    Doug Andrew Exposed! The Great Lies of Index Universal Life (IUL)

    Doug Andrew Exposed! The Great Lies of Index Universal Life (IUL). Doug Andrew has made it his mission to sell IUL as the perfect investment vehicle, but he has yet to prove his claims! Is Doug Andrew lying or does he legitimately believe his own sales materials?

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    AJ Sheff

    March 25, 2023
    The Wealthy Idiots Show
    cash value life insurance, Doug Andrew, financial planning, Index Universal Life, investing, Laser Fund, life insurance, retirement
  • Reacting to Financial TikTok | It’s Bad…Real Bad

    Reacting to Financial TikTok | It’s Bad…Real Bad

    Reacting to Financial TikTok | It’s Bad…Real Bad. Financial TikTok has gotten pretty ridiculous of late. Checkout how bad this financial advice can actually be!

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    AJ Sheff

    March 21, 2023
    The Wealthy Idiots Show
    401k, cash value life insurance, Index Universal Life, IUL, reaction, TikTok
  • Saving money isn’t enough, you have to invest it!

    Saving money isn’t enough, you have to invest it!

    Recently, AJ came across a TikTok video where a woman was explaining this in depth. In essence, investing is a 2-step process. Without the second step, you might as well stash the money under the good ole sleep number mattress. Either way, make sure you’re not just saving, but INVESTING! Accounts you can invest inRead…

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    D.C. Poc

    March 19, 2023
    Personal Finance
    bonds, brokerage, compound interest, ETF, investing, Mutual Funds, Roth IRA
  • Banks Collapse (SVB) | Economic Turmoil (2023)

    Banks Collapse (SVB) | Economic Turmoil (2023)

    Banks Collapse | Economic turmoil (2023). What is happening with the economy, the banking system and what can we do about it to protect ourselves?

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    AJ Sheff

    March 18, 2023
    The Wealthy Idiots Show
    banks collapse, financial news, recession, run on banks, SVB
  • Reacting to Invest in Real Estate and Leverage with Doug Andrew

    Reacting to Invest in Real Estate and Leverage with Doug Andrew

    Doug Andrew is a Financial Strategist with tons of ideas on how you can give him your money, but in this video, he talks about investing in real estate and using leverage strategies to maximize returns. We love real estate investing so much, we figured we had to check it out to see what he’s…

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    AJ Sheff

    March 14, 2023
    The Wealthy Idiots Show
    Dave Ramsey, debt, Doug Andrew, financial planning, investing, leverage, net-worth, real estate, retirement, save money
  • Top 5 Money Mistakes to Avoid in 2023

    Top 5 Money Mistakes to Avoid in 2023

    A lot of my writing is aimed at what you should do when it comes to personal finance, rather than what you shouldn’t do. Well, today I’m going to give you the top 5 money mistakes that will inevitably be made by millions of people in 2023. You don’t want to miss this! Money MistakeRead…

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    D.C. Poc

    March 12, 2023
    Personal Finance
    financial planning, investing, money mistakes, net-worth
  • The First $100k is a B*tch | Begin Investing 2023

    The First $100k is a B*tch | Begin Investing 2023

    Charlie Munger stated “The fIrst $100k is a b*tch” and was adamant that a new investor do anything to get to the $100k number. Why is it so hard and what’s the significance of $100k?

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    AJ Sheff

    March 11, 2023
    The Wealthy Idiots Show
    assets, compound interest, financial planning, investing, net-worth, retirement
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