What’s the relationship between growth and income like? on this episode, Kim and Spencer share their views on growth and income investments, discussing the differences between the two as well as gambling categories.
Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.
Links and Resources from this Episode
- For resources and additional information of this episode go to https://prosperitythinkers.com/category/podcast
Show Notes
- Over twenty types of investments – 0:42
- The two primary types – 0:52
- Growth or income creation – 1:51
- A definition of growth – 2:10
- The importance of creating income – 4:50
- The income-producing investments – 6:51
- Income investment examples – 8:14
- Go slow and start small – 11:11
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Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.