Joey Mure argues the real financial goal isn't income or assets, but passive cash flow that frees your time. He critiques the Wall Street model of trading time for money your whole life, and contrasts it with alternative investing that builds cash-generating assets now instead of waiting for retirement.
Chapters
It's not that we just want to beat up on Wall Street. We want to beat up on the idea that Wall Street predicates. The real objective was not more income. It was not more assets. It was cash flow that I didn't have to work for. I needed passive income that would allow me to then dictate what my calendar and my time looked like. And that's really where this whole idea of Wealth Without Wall Street came from. It's It's not that we just want to beat up on Wall Street. We want to beat up on the idea that Wall Street predicates, and that's that you give up your time and your money for the vast majority of your life and hope that there's enough left over to just live the last of your days.
We talk a lot about alternative investing, right? And a different approach to investing. And so many people just assume I got to put money into a 401, maybe I get my employer match and I don't think about it. I don't look at it until I'm, you know, 62 and a half. And then hopefully I have enough to retire, right? That's kind of the traditional approach.