Wealth Formula Podcast Podcast Por Buck Joffrey arte de portada

Wealth Formula Podcast

Wealth Formula Podcast

De: Buck Joffrey
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Financial Education and Entrepreneurship for Professionals Economía Finanzas Personales
Episodios
  • 559: Barry Habib: Where the Economy Is Headed—and What Investors Need to Know

    559: Barry Habib: Where the Economy Is Headed—and What Investors Need to Know
    May 17 2026
    The stock market is sitting at or near all-time highs again. And what happens? People rush in. It's called FEAR OF MISSING OUT. Now compare that to what's happening in real estate. In many markets—especially multifamily—we've seen 30–40% price corrections from just 3–4 years ago. Our investor club has been buying, but most investors are sitting on the sidelines. Why? Because investments are the only things people don't naturally gravitate toward when they're on sale. When TVs go on sale, people line up. When stocks or real estate go on sale, people get nervous. I've quoted him a million times, but I'll do it again. Warren Buffett said it best: "Be fearful when others are greedy, and greedy when others are fearful." Simple in theory. Very hard in practice. Now, to be clear—this doesn't mean there's no risk. Rates may stay a bit elevated in the near term. Geopolitical issues, including the situation with Iran, can keep pressure on yields. But when you zoom out, there is a growing body of data suggesting that over the next 2–3 years, we are likely moving into a declining rate environment. And that's what matters. Because you don't invest today for tomorrow. You invest today for where the market is going. When rates come down: financing improves capital comes back into the market and asset values tend to reprice—often quickly So the real question is: Are you positioning now… or waiting until it feels safe again? The problem with waiting is that the sales always disappear. What I am saying to you now is not new. I've been repeating this narrative over and over again over the last year or two. But I felt like I had to repeat it because this week's guest on Wealth Formula Podcast is saying the same thing. He's a guy who is nationally recognized for consistently being ahead of the curve on rates, housing, and the broader economy, while many others have been wrong. Barry Habib. He's the founder of MBS Highway, a multiple-time Crystal Ball Award winner, and the author of Money in the Streets—a book all about understanding cycles and building wealth by acting before the crowd. In this conversation, we break down: where interest rates may be headed why inflation data may be misleading and what this all means for real estate investors—especially in multifamily. If you want to understand where this cycle is going—and where the opportunity may be—this is a conversation you don't want to miss.
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    47 m
  • 558: Bitcoin's Rise as Collateral in Traditional Finance

    558: Bitcoin's Rise as Collateral in Traditional Finance
    May 10 2026
    I continue to be surprised by how many sophisticated investors still dismiss Bitcoin as purely speculative. At this point, whether you personally like Bitcoin or not is almost beside the point. The more important question is this: What happens to the price of an asset with a permanently fixed supply when institutional adoption accelerates globally? Because that is exactly what is happening right now. Let's start with the simple math. There will only ever be 21 million Bitcoin. Exactly 21 million. And several million are believed to be permanently lost forever. Meanwhile, demand continues to expand at a remarkable pace. According to recent estimates, there are now roughly 559 million crypto users globally, approaching 10% of the world population. Institutional adoption is accelerating even faster. As of this year, spot Bitcoin ETFs have accumulated roughly $100 billion in assets under management in an extraordinarily short period of time. And remember—these ETFs only launched in early 2024. BlackRock alone has become one of the largest holders of Bitcoin in the world through its ETF products. That's BlackRock. The same firm that manages roughly $10 trillion in assets globally. Larry Fink, who once openly criticized Bitcoin, now refers to it as a legitimate alternative asset class and even a potential hedge against currency debasement. This is not fringe finance anymore. And here is where the supply-demand imbalance becomes fascinating. After the most recent Bitcoin halving, annual new Bitcoin issuance dropped to approximately 164,000 BTC per year. Yet estimates suggest corporations and institutions alone now hold well over 1 million Bitcoin combined. In other words, institutional demand is already consuming supply at a pace that dramatically exceeds new issuance. That matters. A lot.Now think about Bitcoin in the context of global wealth. Gold currently has an approximate market capitalization around $20 trillion. Bitcoin fluctuates closer to roughly $1.5 trillion. So if Bitcoin merely achieved parity with gold as a store-of-value asset, you are talking about a potential order-of-magnitude increase from current levels. And some very serious people are beginning to think even that may underestimate the opportunity. Larry Fink recently suggested that if sovereign wealth funds globally decided to allocate just 2–5% into Bitcoin, prices could theoretically move into the several hundred thousand dollar range per coin. Again, you don't have to agree. But ignore this at your own peril. Because Bitcoin is no longer sitting outside the financial system looking in. It is slowly becoming integrated into the plumbing of the system itself. That integration is where things start getting really interesting. Historically, assets become truly institutional once they can be borrowed against, lent against, securitized, collateralized, and incorporated into traditional underwriting systems. That is exactly what is beginning to happen with Bitcoin right now. And this week's episode of Wealth Formula Podcast is a very tangible example of that transition already underway. I interviewed Josip Rupena, founder of Milo. What Milo is doing is genuinely fascinating. They are building crypto-backed mortgages that allow investors to purchase homes without selling their Bitcoin holdings. Think about the implications of that for a moment. Traditionally, if someone wanted to buy real estate using appreciated Bitcoin, they had to sell the asset, trigger taxes, lose future upside exposure, and convert back into the traditional banking system. Milo's model changes that dynamic. Instead of forcing liquidation, Bitcoin itself can function as part of the collateral structure. That is a major conceptual shift. And whether you are bullish on Bitcoin or not, I think it represents an important glimpse into where finance may be heading.
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    38 m
  • 557: The Legal Structure That Can Make—or Quietly Destroy—Your Wealth

    557: The Legal Structure That Can Make—or Quietly Destroy—Your Wealth
    May 3 2026
    There's a strange paradox when it comes to wealth. The more you have, the more invisible risk you carry. And most people don't see it until it's too late. I've seen this play out in a lot of different ways. A physician builds a multi-million dollar net worth over decades—real estate, brokerage accounts, maybe a business or two. Everything looks solid. Then one lawsuit hits. Or a divorce. Or even just a poorly structured partnership dispute. Suddenly, assets that felt "owned" aren't really protected at all. On the flip side, I've also seen people with less wealth sleep better at night because their structure is airtight. Everything is compartmentalized. Risks are isolated. There's a system. The difference isn't intelligence. It isn't even an investment skill. It's structure. Most people think trusts are something you set up when you are ultra-wealthy or you're older… maybe as part of an estate plan. But that's barely scratching the surface. A well-designed trust isn't just about passing assets when you die. It's about: – Who actually controls your assets while you're alive – What a creditor can (and can't) touch – And how much of your financial life is exposed vs. insulated In other words, it's about whether your wealth is fragile… or antifragile. And yet, this is where a lot of people get it wrong. They set up a trust… and then completely ignore the rules that make it work. They treat it like their personal checking account. They mix funds. They sign things incorrectly. And without realizing it, they've essentially built a paper shield that disappears the moment it's tested. So this week, I wanted to dig into this topic with someone who has spent decades designing these structures for high-net-worth individuals. On this week's episode of Wealth Formula Podcast, I sit down with Mark Pierce, an attorney who specializes in asset protection, trusts, and advanced legal structures. We talk about: – What a trust actually is (and what it isn't) – The real difference between revocable and irrevocable structures – Why timing matters more than most people realize – How asset protection trusts actually hold up in the real world – And the biggest mistakes people make that completely undermine their own planning If you've ever wondered whether your current structure actually protects you… or if it just makes you feel better on paper… this is a conversation worth paying attention to.
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    35 m
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