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Episode 224

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Published on:

9th Apr 2024

Four Paths To Millions, Lots Of Data & Kashkari Gets It

Years after reading an article on CNBC titled "There are 4 main paths to becoming a millionaire—and this is the easiest one, says money expert" Chris still feels like the salient points are still very much relevant to this day. Chris, Saied and Haroon kick off the show with Rich Corley's 4 paths to becoming a millionaire from his book titled "Rich Habits."

➡️ Episode 224 then pivots to a breakdown of Jerome Powell's love for Neel Kashkari, some fresh perspective on the FOMC's thoughts and methodology on what may happen next and an 800,000 payroll mistake.

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🔗 Resources:

There are 4 main paths to becoming a millionaire—and this is the easiest one, says money expert (CNBC)

Remarks from Chair Jerome H. Powell at the Macroeconomics and Monetary Policy Conference (Federal Reserve Bank of San Francisco)

We now have…Higher for longer back? (Kobeissi Letter via X)

The Fed’s preferred inflation measure rises to 2.5% (Kobeissi Letter via X)

Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000 (Zero Hedge)

Corporate Profits reach new highs & profit margins hover at historic highs (Yahoo! Finance)

⚠️ Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.

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About the Podcast

The Higher Standard
This isn’t a different standard, it’s the higher standard.
Welcome to the Higher Standard Podcast, where we give you ultra-premium, unfiltered truth when it comes to building your wealth and curating the lifestyle of your dreams. Your host; Chris Naghibi is here to help you distill the immense amount of information and disinformation out there on the interwebs and give you the opportunity to choose a higher standard for yourself. Sit back, relax your mind and get ready for a different kind of podcast where we elevate your baseline with crispy high-resolution audio. This isn't a different standard. It's the higher standard.

Follow Chris here as he posts daily: https://www.instagram.com/chrisnaghibi

About your host

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Christopher Naghibi

Christopher M. Naghibi is the Founder and Chief Executive Officer of Black Crown Inc. and Black Crown Law APC, a disruptive collective of attorneys, property managers, real estate agents and contractors who handle home sales and purchases, commercial and multifamily real estate brokerage, primarily for high net-worth and celebrity clients.

His team has over 20 years of experience, 1000+ satisfied clients, $10 million in recovered costs for clients, and in excess of $20 billion dollars in closed transactions.

As a licensed attorney, real estate broker, general contractor, and now Top 100 podcast host, Chris aims to provide free financial education that allows people to take control and democratize fear in the financial world.