The Wealth Journal: Recent Episodes
Jay Hardy
So far at every stage of my life and career I have been able to grow my salary and yet each month I still end up with nothing. Increased expenditure, the burden of a student loan combined with a growing family trapped me in a constant cycle of waiting for payday. However, 2 years ago I discovered the "secrets" to wealth and what the rich know about money that the rest of us do not. This discovery changed my entire outlook on personal finance, investing and ultimately changed my life. This podcast is simple, each week I am going to share insights from my 'wealth journal', my experiences and learnings. So if you want to get rich and buy that Lambo or just begin to grow your wealth I invite you to join me on my journey to wealth and create a platform for us to learn together. P.s. This podcast is not financial advice.
This week I review Bitcoin as an asset. Is it still the king of crypto, does it have long term potential, will it recovery or was it just hype!
Remember, the podcast is not financial advice! However if you want to improve your financial intelligence I can help with letting you use my 50% off Finimize referral link. Be sure to check it out: https://finimize.com/ref/FINIMIZER7Q6I7
This week I reflect on 2022 and see if any of my predictions came true. I also look back at my investment plan for 2022, where did I get it right, where did it go wrong! Looking forward, I review what 2023 might hold and how to plan for it!
FINIMIZE 50% OFF LINK: https://finimize.com/ref/FINIMIZER7Q6I7
Back to basics on the podcast this week. I cover three key topics from my wealth journal which I hope will make me and you the listener a better educated investor.
This week I review 2 reports from major financial institutions on the current state of the markets. I also dive into a couple of opportunities they have identified and how you can take advantage of them.
**Finimize 50% off subscription link: https://www.finimize.com/ref/FINIMIZER7Q6I7
ETFs discussed:
iShares MSCI China: https://www.ishares.com/us/products/239619/ishares-msci-china-etf
iShareds MSCI India: https://www.ishares.com/uk/individual/en/products/297617/ishares-msci-india-ucits-etf-usd-acc-fund?switchLocale=y&siteEntryPassthrough=true
iShares Global Corp Bond: https://www.ishares.com/uk/individual/en/products/251813/ishares-global-corporate-bond-ucits-etf
iShare Global Gov Bond: https://www.blackrock.com/za/individual/products/251753/ishares-global-government-bond-ucits-etf
This week I discuss the current state of the markets and the recent Crypto turmoil. Is crypto dead? What are my key learnings and how do I now view the future of the industry.
Remember, not financial advice!!
This week I share some of the key points from my Wealth Journal. I cover how I am feeling about investing at the moment, my thoughts on the current market conditions and what steps I have been taking to try navigate the higher costs we are all facing.
This week I welcome Lee Abdul Sow who is the Managing Director at Linus Digital Finance. LINUS offers private investors access to exclusive private real estate investments. Their mission is to advance real estate investing into the digital age combining technology and expertise to give our co-investors access to high-quality investments whilst providing a best-in-class investing experience.
Great to have Lee on the podcast, awesome guest. If you want to learn more about LINUS check out their website https://www.linus-finance.co.uk/
Enjoy!
This week I review one of my key take aways from legendary investor Naval Ravikant. To build wealth you need to stop playing status games.
In these Key Take Away episodes I share some of my key learnings from previous episodes.
Compounding has been called the 8th wonder of the world and in this episode I explore some examples of how compounding and time can have a huge impact on future investment returns. Compounding makes millions and it can also work in all aspects of your life.
In these Key Take Away episodes I review some of my biggest learnings from past episodes.
Unfortunately many people have lost money in the stock market but I think there are tricks and tips to help limit losses and maximise gains.
This week I give a little love to Bonds. Probably not the most exciting of asset classes but very important when it comes to how economies and business function. They are an area where my knowledge is limited so I thought I would dive a little deeper into Bonds and how they work!
Enjoy
This week I have been thinking a lot about inflation, it appears out of control! I have been a little uncertain about what to do about it so I decided to spend a little bit of time researching some solutions and utilising my network for some advice. Hopefully this episodes gives you some ideas on how to tackle inflation from an investment perspective.
This week I welcome Max Rothery, VP of Community at Finimize. Finimize empowers the modern investor to make smarter investing decisions. They have built a community of over 1 million investors and provide a huge amount of easy to understand educational content, how to guides and also host large scale events/summits.
We discuss:
What is finimize?
How will it help me become a better investor? How do I get the most out of the service?
What is the difference between finimize and 'the others'?
What have you learnt about the retail investor?
How did finimize built their community?
And more!!
To learn more about finimize head to the app store and download their app. You can also trial finimize for FREE for 7 days. Alternatively check out their website at https://www.finimize.com/
Quick update this week on how my portfolio has evolved since the beginning of 2022 and my plan going forward. 2022 has been a crazy year for the markets and it has been a huge learning curve for me personally. This experience along with speaking to guests on the podcast has helped me adapt my approach and will hopefully make me a better investor!
This week on the podcast I welcome Vedat Mizrahi who is the CFO of Mintus which is an alternative investment platform that focuses on Fine Art.
In addition to Mintus, Vedat has a PHD in finance, used to work in wealth management for high net worth clients and is also a part time visiting lecturer at the Kings College London so I pick Vedat brains on a wide range on wealth and investment topics. I guarantee this episode will make you a better investor!
To learn more about Mintus check out their site https://www.mintus.com/
What is an ETF? What are the benefits of investing in ETFs? What is a Thematic ETF? What is ESG?
This week I am joined by James Thomas who kindly helps answer all these questions and more! James is the Head of UK, Ireland & Channel Islands for Rize ETF, Europes first specialist Thematic ETF issuer.
If you are just starting your investment journey or want to learn a little more about the different investment themes available then you need to listen to this episode.
Special thanks to James for helping me construct this episode. First class guest!
Check out Rize ETF via https://rizeetf.com/
This week on the podcast I welcome Flight Story CEO & Co Founder Oliver Yonchev. Flight Story is an exiting new company which helps great companies build resilient investor communities around their equity story. We discuss how firms can better engage with investors, what Flight Story has learnt about today’s investor and why does investor relations need to change to keep pace with an ever changing world.
It was also great to speak to Oliver about life as a CEO/Co Founder and his own personal journey as an investor.
If you only have 10 minutes of podcasting time available this week then this is the episode for you. This week I give a quick update on the 3 Key Principles Warren Buffett has for investing as well as some of his Do's and Don'ts.
Enjoy!!
This week I give a quick update on my own finances and how I am thinking about prioritising them to ensure I have a strong financial foundation. I also discuss a tax free, market and inflation beating investment option which is risk free! Sounds too good to be true? Have a listen and find out!
This week on the podcast I welcome Paul Quirk, Paul is an Acquisition Entrepreneur and the host of the Buy and Build Podcast which aims to help people on their journey towards buying a business through following Paul's own experiences. He ’s held a number of roles at JPMorgan where he spent almost a decade working for the US based investment bank, he’s previously co-founded 2 start ups one in organic nutrition the other focussed on placing international interns abroad and over 18 months ago he founded Citium Capital which is an investment vehicle set up to acquire great small businesses!
Paul shares how buying a business actually works but he also shares some great personal finance and investment tips which enabled him to do it! I hope you enjoy this episode!
Link to the Buy & Build Podcast: https://podcasts.apple.com/gb/podcast/buy-and-build/id1585550753
Follow Paul and Buy & Build on LinkedIn: https://www.linkedin.com/company/buy-and-build/
Mark to Market tool as discussed in the episode: https://marktomarket.io/
This week I welcome Adrian Benjamin to the podcast to talk about the importance of Financial Protection. Many of us don't think about financial protection and yet it is something the rich know and understand very well. Adrian shares how protection works, the different types of protection available and why it is needed.
Huge thanks to Adrian who is helping me with my own financial protection. If you want to learn more or get in touch with Adrian see the links below:
For a free 1 hour consultation with Adrian book directly via his calendly link: https://calendly.com/a-benjamin-1/1-hour-consultation-call?back=1&month=2022-05
Adrian on Instagram: https://www.instagram.com/adrianbfinance/
Adrian on LinkedIn: https://www.linkedin.com/in/adrian-benjamin-cemap/
Adrian's Linktree: https://linktr.ee/AdrianBFinance
We have once again entered bear market territory (a 20% decline). This week on the podcast I review a bear market guide and provide 4 key things to be aware of when trying to survive a bear market! I also give an insight into why crypto has been trending down recently and I provide a podcast update and what to expect from me going forward. Enjoy!
Instagram: https://www.instagram.com/jayhardytwj/
Twitter: https://twitter.com/JayHardyTWJ
This week on the podcast I welcome Hannah and Paff co-founders of Take Up Space. The project exists to provide education, resources, and a sense of community for underrepresented groups with a focus on BIPOC and/or LGBTQ+ people. The project also utilises NFTs and Web3 technology to help raise funds to support with mentorship programs, skill building and startup funding to empower BIPOC & LGBTQ+ entrepreneurs.
If you want to learn more about Take Up Space I would recommend following them on Twitter or jumping into their Discord:
Twitter: https://twitter.com/takeupspace_nft?s=21&t=JLrh3Vxcfp7c4o02khJZLg
Discord: Join our Discord!
To follow Paff and Hannah:
Paff: https://twitter.com/thisispaff
Hannah: https://twitter.com/hrpeacock_
This week on the Podcast I welcome Chris Dessi. Chris is the Chief Revenue Officer at Diamond Standard the world’s only regulator approved Diamond Commodity. If you are looking at investing in Diamonds or want exposure to a previously inaccessible asset THIS is how you do it.
Chris has also had an incredibly successful career leading sales organisations and leveraging the power of technology to grow brands and their revenues.
Me and Chris got together to discuss Diamond Standard and we ended up having one of the most incredible conversations. I was left feeling inspired, motivated and at times emotional.
Hope you enjoy this one.
Links from the show:
Diamond Standard: https://diamondstandard.co/
Chris’s TEDx talk: https://www.youtube.com/watch?v=FEm5c66Nylc&t=227s
Cormac Kinney & Murray Stahl Interview: https://www.youtube.com/watch?v=RpfOcz8v-DI
Chris LinkedIn: https://www.linkedin.com/in/chrisdessi/
Cormac Kinney LinkedIn: https://www.linkedin.com/in/cormackinney/
This week on the podcast I review some foundational knowledge of how financial markets actually work in the context of shares/equities. Why do companies float on the stock market and how is this achieved. This also leads me to discuss Elon Musk's Twitter takeover attempt and what Twitter can do to prevent it.
Remember, The Wealth Journal Podcast is not financial advice, the only advice I give is to follow or subscribe to the podcast, share it with a friend and follow me on social media, LinkedIn, Twitter or Instagram @jayhardytwj
Quick update this week after I return from a short break. Today I briefly talk about one of my favourite investment books as well as a couple of ideas around forming long term money habits. I also talk through some common crypto misconceptions and give my 'expert' opinion.
If you want to watch me muddle my way through twitter make sure you give me a follow: https://twitter.com/JayHardyTWJ
This week on the podcast I welcome Nathan Long. Nathan is a Senior Analyst at Hargreaves Lansdown, which is the UKs number 1 investment platform for private and individual investors.
We discuss the 5 key pillars Hargreaves Lansdown have identified to help build financial resilience. I also uncover what does a financial advisor actually do and get Nathan’s view on how to invest in todays markets.
To learn more about 5 to Thrive check out: https://www.hl.co.uk/features/5-to-thrive
Follow Nathan on twitter: https://twitter.com/LongPensions
This week on the podcast I welcome Yan Swiderski, Yan is a former fund manager with an impressive CV boasting experience in Asset Management, Structured Finance and Hedge Funds. More notably however, Yan is now a Trustee and Director of the Global Returns Project which is a fund designed to tackle the Climate and Nature crisis in a unique and innovative way.
When I started the Wealth Journal it has always been my ambition to have people like Yan on the podcast, someone of his experience sharing his learnings and thoughts on wealth but also, and in someways more importantly, how he is using that experience and applying it to address global issues which are hugely important and impact us all.
To learn more about the Global Returns Project head to their website: https://globalreturnsproject.earth/
This week on The Wealth Journal Podcast I look at the relationship between wealth and happiness. I touch on some interesting news in the world of Bitcoin and give my take on the current interest rate increases in both the US and the UK and how I am adapting my personal finances for an uncertain future.
This week on the podcast I dive a little deeper into the psychology of investing and why in reality it is much harder to execute the repeated advice of "buying the dip". I also explain the characteristics of a 'Bear Market' and what that means in relation to the some of more popular indexes.
This week on the podcast I remind myself of the difference between assets vs liabilities. I explore the art investment market which until recently has been inaccessible for the average investor and share my art investment journey.
Useful links:
Masterworks: www.Masterworks.io
This week on the podcast I welcome Richard Powazynski, who is the Co-Founder and Community Manager for the Woodies NFT Project, he got involved with the NFT space through being a photographer and was part of a team of creators from UltraDAO who went on to set up Woodies.
Woodies is a collection of 10,000 generative pieces with over 900 traits. It sold out in 30 mins and has a combines trading volume of over $11m dollars.
But woodies is more than just an Avatar, NFT Profile picture collection, its a story driven complex universe with a strong community that want to do good in the world. The project has already raise enough funds to hit their pledges of planting 1,000,000 trees!
So I was keen to understand more about Woodies, how it was founded, how the community was built and what plans they have for the future.
Website: https://www.woodiesnft.com/
Richard on linkedin: https://www.linkedin.com/in/richardpowazynski/
Richard on Twitter: https://twitter.com/rpowazynski
This week on the podcast I welcome Photographer, creator and NFT collector Matt Doogue. Matt is an incredible guy, after struggling with his mental health in his early twenties he found escapism through photography. Fast forward a few years and Matt is now an award winning, worldwide Published Photographer whose work has been featured by Canon, BBC and Natural Geographic.
More recently Matt has discovered NFTs and has become a prime example of how NFTs, blockchain technology and smart contracts can ensure creators like Matt can get rewarded for their work.
Follow Matt and check out his work:
Twitter: @MattDoogue
Instagram: @mattd85
Website: https://www.mattsmacro.co.uk/
Or, own Matt's work and check out his collections on Opensea:
Liquid Singularity: https://opensea.io/collection/liquidsingularity
Hidden World: https://opensea.io/collection/hiddenworld
Spectrum Lobes: https://opensea.io/collection/spectrumlobes
This week I open re-open The Wealth Journal and share some of my learnings over the last few weeks, this includes tips on how to navigate declining markets and also a couple of portfolio updates!
This week on the podcast I welcome Diego Borgo. Diego is a Sr. Digital Marketing Consultant with over 10 years experience helping brands orchestrate and execute end to end digital experiences. He’s a Metaverse Native, Web3 Ambassador, NFT collector and all round great guy. At the moment he is helping major brands to enter the NFT and Metaverse space and just recently he worked with adidas on their incredible “into the metaverse” project.
During our chat we discuss what it means to be “early” in Web 3, bridging the gap between the NFT community and the “real world”, why it’s critical for brands to have a Web3 strategy, who has done it well and why and how others should approach the space.
Follow Diego on LinkedIn & Twitter @don_borgo
Follow me on LinkedIn, Twitter @jayhardytwj, Instagram @jayhardytwj
This week on The Wealth Journal Podcast I talk to Martin Welker, CEO and Founder of Axonic and Founder of Meta Watches NFT. I speak to Martin about launching an NFT project, how to build a Web3 native brand and his thoughts on the overall Web3 space.
If you want to follow Martin check out his LinkedIn: Martin Welker
Check out Meta Watches here
If you want to follow me:
LinkedIn
Instagram
Twitter
This week I welcome Betty onto the Podcast, Betty is the co-founder of the hugely successful Deadfellaz NFT collection that has been going from strength the strength. I don't own a Deadfellaz NFT currently but I am a big fan of the project, mainly because I am a big fan of Betty, who she is, how she operates and the work she is doing, not just with Deadfellaz but also within the overall NFT space.
NFTs aside, the chat with Betty really inspired me. Betty and her husband have created a brand and a successful business which has change their lives. Her story is inspiring and I hope you enjoy it.
Betty:
Twitter: @Betty
Deadfellaz: https://www.deadfellaz.io/
Me:
Instagram: @jayhardytwj
Twitter: @jayhardytwj
Ralph Kuepper is the Founder and CEO of Sherwood Analytics, a company which is building an innovative solution to tracking your NFT portfolio. He’s also an investor and has been involved in both the crypto and NFT space for a number of years.
But there is more to Ralph than just his latest work. He’s been working for himself and has been founding companies ever since he was 17 years old. I was keen to understand what has driven him to be a serial founder and unpick how he spots future trends and opportunities.
Topics covered:
- Wealth
- Being an entrepreneur
- Sherwood Analytics
- NFTs
- DAOs
- Raising funds via NFTs
- Spotting projects & new trends
Get in touch....
Ralph:
LinkedIn: https://www.linkedin.com/in/amlug/
Twitter: https://twitter.com/amlug
Me:
LinkedIn: https://www.linkedin.com/in/jay-hardy-65a7592a/
Instagram: https://www.instagram.com/jayhardytwj/
Twitter: https://twitter.com/JayHardyTWJ
This week I focus on sharing my investment strategy for 2022, how I plan to execute, monitor and review over the course of 2022. I provide some key questions to ask yourself before creating your own strategy and I also share my current thoughts on how I will allocate my funds over the next 12 months and some decisions may surprise you.
This week I share my goals for 2022 as well as my financial predictions (not financial advice!). I also reflect on my biggest learning of 2021 since starting the podcast and what actions I have taken as a result. I give a quick introduction into a new internet native organisational structure called a DAO.
This week my plan not to invest got thrown out of the window as I got sucked into the world of NFTs. This is week I talk about the huge investment opportunity I missed out on and my early experiences of buying NFTs along with my top tips!
Links:NFT Marketplace Opensea: https://opensea.io/
NFT Search Tools: https://rarity.tools/
Discord: https://discord.com/
This week I dive into the Web3 and the Metaverse. As I continue to learn about emerging technologies and future investment opportunities, Web3 and the Metaverse keep cropping up! So what is it all about and where does this all fit.
This week I share my biggest financial bet to date. I give my take on the markets and why we saw such a big crypto crash recently. I have a portfolio update to share and also a slightly different non financial investment!
In this episode I talk about how you buy and more importantly store your first crypto investments safely. I review my investment in Peloton and question if I should hold or sell! I touch on NFTs and review some of my key thoughts from this week.
Links from the show:
Secure email: https://protonmail.com/
Exodus Wallet: https://www.exodus.com/
Coinbase Wallet: https://www.coinbase.com/wallet
Metamask Wallet: https://metamask.io/
Opensea NFT Marketplace: https://opensea.io/
Check your emails: https://haveibeenpwned.com/
Not sure what Bitcoin is or where it came from? In this episode I look back at the evolution of money and what led us to Bitcoin and crypto currency. I review both the pros and cons of Bitcoin and give my view on the crypto space!
Bitcoin White Paper
Swissborg and sign up offer via Coin Bureau: https://guy.coinbureau.com/swissborg/
Coinbase: https://www.coinbase.com/
Protonmail: https://protonmail.com/
How do the rich grow their wealth and pay tax percentages in the single digits? I explore some of these tricks and try to uncover the mystery of how the rich pay so little in tax relative to their wealth gains. I also look at some financial jargon, in particular Market Capitalisation and how understanding this can help you rationalise a stock's (or crypto's) current and future price! I also review inflation and what it means for asset prices, do I think the next market crash is around the corner??
In episode 7 I look at the idea of status games vs wealth games and how playing "the status game" will delay or restrict the path to wealth. I also share some of information sources to help with your own research, this includes my news sources, people I follow and even podcasts I listen to. I will also give an insight into my latest investment.
People:
Naval Ravikant Twitter: @naval
Brian Feroldi Youtube: https://www.youtube.com/c/BrianFeroldiYT
Raoul Pal/Real Vision: https://www.realvision.com/
Cathie Wood/Ark Invest: https://ark-invest.com/
Podcasts:
Real Vision: https://podcasts.apple.com/gb/podcast/real-vision-finance-business-the-global-economy/id1210383304
Investors Podcast: https://www.theinvestorspodcast.com/
The Tim Ferriss Show: https://podcasts.apple.com/gb/podcast/the-tim-ferriss-show/id863897795
The Diary of a CEO with Steven Bartlett: https://podcasts.apple.com/gb/podcast/the-diary-of-a-ceo-with-steven-bartlett/id1291423644
Crypto:
The Coin Bureau: https://www.youtube.com/c/CoinBureau
Sound from this podcast is by Ryyzn
In this week's episode of The Wealth Journal I reveal my personal portfolio and how it has changed over time. This is what The Wealth Journal is all about, me being open and honest about my journey towards wealth. Hopefully you take away some lessons from this episode and it will help you formulate your own portfolio approach. Remember, I am not making any stock recommendations, just because I own a certain stock or ETF this should not be taken as a recommendation, please do your own research and/or speak to a financial advisor!
Let me know what you think of the episode, rate, review and get in touch.
Instagram: @jayhardytwj or search "The Wealth Journal"
This week in The Wealth Journal I talk about the power of compounding and how understanding this concept can help show a clear path to building wealth. Compounding has been called the 8th wonder of the world and in this episode I explore some examples of how compounding and time can have a huge impact on future investment returns. Compounding makes millions and it can also work in all aspects of your life. I also cover how I have changed my approach to saving for my children and my thoughts on crypto.
Compound Interest Rate Calculator: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator
Vanguard Junior ISA: https://www.vanguardinvestor.co.uk/investing-explained/stocks-shares-junior-isa
Wealthify Junior ISA: https://www.wealthify.com/junior-isa
Get in touch: https://www.linkedin.com/in/jay-hardy-65a7592a/
Ok, I can't promise you will get rich in the stock market but plenty of people have and stocks are a great addition to your 'asset column'. Unfortunately many people have lost money in the stock market but I think there are tricks and tips to help limit losses and maximise gains. In this episode I also talk about how your mindset is key when investing stocks and how getting comfortable with risk will help you build wealth.
Enjoy!
Link to Vanguard for low cost index investing: https://www.vanguardinvestor.co.uk/
Trading 212 for easy investing and the ability to invest in fractional shares: https://www.trading212.com/
Both the above offer Stocks and Shares ISAs for tax free gains!
Contact me via linkedin: https://www.linkedin.com/in/jay-hardy-65a7592a/
not financial advice, educational only, do your own research
This week I talk about my view on debt vs investing, how I approach different types of debt e.g. student loan, car finance and a mortgage. I also compare building wealth to training for a marathon, setting a goal, executing on a plan and consistently building over time.
The key point this week I discuss is one of Robert Kiyosaki’s most fundamental concepts from his book Rich Dad Poor Dad, understanding your own personal balance sheet. The difference between an asset and a liability and how this can effect your personal income and expenditure.
Rich Dad Poor Dad by Robert Kiyosaki is available on amazon for £5.99.
This week in my Wealth Journal I explore the term "financial wellness" and how to actively practice financial wellness in your life.
A big topic this week is about avoiding the confusion between financial desires vs. your financial needs and I explore some 4,000 year old teachings which are still highly applicable today.
I also summarise the "5 rules of gold" which if followed, can create a path to wealth and how by just reducing your expenses by just a small amount and redeploying that saving into investments, can have a HUGE impact on your future returns over the long term.
In the first episode of The Wealth Journal I talk about what wealth means to me, how I believe anyone can build wealth and outline the concept of developing your own financial intelligence as the path towards wealth. I discuss the problems with money, why saving is for "losers" and explore alternative options for growing wealth rather than saving.