In this episode, your hosts, Jason and Scott, together with Parker Pursell discuss:
- From Farming to Financial Services Leadership
- Mastering Money: Discipline, Debt, and Investing
- Real Estate: A Timeless Investment Strategy
- Infinite Banking: A Wealth-Building Strategy
- Unlocking Financial Freedom with Stranded Retirement Accounts
Key Takeaways:
- Pursell emphasizes the importance of having clear financial values, recognizing that not all debt is harmful, and starting to invest early to build and preserve wealth.
- Increasing financial education and knowledge can boost confidence, helping people overcome risk aversion and invest in unfamiliar assets.
- The U.S. has a significant lack of financial education, which Pursell attributes to a preference for security-driven individuals rather than fostering independent entrepreneurs.
- Real estate is highlighted as a reliable investment option that offers long-term benefits such as cash flow, equity growth, and tax advantages despite market fluctuations.
- Achieving financial freedom involves leveraging stranded retirement accounts, diversifying investments, and understanding the benefits of self-directed retirement plans.
"Risk is just your lack of experience in doing something.” - Parker Pursell
About Parker Pursell:
Parker Pursell, based in Birmingham, AL, US, is currently a President at eQRP Company, bringing experience from previous roles at eQRP Company, John Maxwell Team, and Pursell Farms. Parker Pursell holds a 2009 - 2013 Bachelor of Business Administration (B.B.A.) in Marketing @ Auburn University.
Connect with Parker Pursell:
LinkedIn: https://www.linkedin.com/in/parker-pursell/
Connect with Jason and Scott:
Website: https://henderxcapital.com/masteryourmillions
X (Twitter): @MasterYourMs https://twitter.com/MasterYourMs
Facebook: https://www.facebook.com/groups/realestateinvestorsofutah
Instagram: @henderxcapital https://www.instagram.com/henderxcapital/
@jasonihenderson https://www.instagram.com/jason.henderson/
Email: jasonchem@gmail.com, scott@henderxcapital.com