Wealth Building With Cashflowing Assets - Freddie Rappina and Lily Patrascu
Freddie Rappina, a wealth advisor, chartered financial consultant, and accredited investment fiduciary, explains the key mindset difference between checkers and chess players in wealth building. Checkers players focus on playing it safe with market-based assets and retirement funds, while chess players invest in cash-flowing assets like real estate and businesses. The critical distinction lies in their approach to debt, with chess players leveraging assets to acquire more income-generating investments. Freddie himself was a "checkers player" during his 20 years as a police officer, but after learning from wealthy chess players, he founded Opta Financial and now helps others build sustainable wealth.
About The Guest
Freddie Rappina extensive experience in the financial services industry, Freddie assists clients in assessing their current financial situation, setting financial goals, conducting thorough financial analyses, and providing actionable recommendations. He also helps implement and review financial plans for long-term success. In addition to his financial expertise, Freddie brings a background in law enforcement, having retired from the Fairfax County Police Department in Virginia. Originally from Long Island, New York, Freddie is also an avid baseball enthusiast.
For more info about Freddie Rappina, visit: https://www.amazon.com/Playing-Wealth-Game-Freddie-Rappina/dp/B0D758WQB2/ref=tmm_pap_swatch_0?_encoding=UTF8&dib_tag=se&dib=eyJ2IjoiMSJ9.QLHHQ2oQu1gZMgL6jMz4BXPxK9j-BjIAk2LhHIxDFnYUl6CO8DWKZYnWXiVKZU5m5vhRG5UNLNFdnyMKhKUh8dz784GUxjMeJJPPvALHlFbklKKLDJg42sYDpboGizLnbSPo4h3sNDPVkpURELOKcj6Fr4rsLFFBsFF-QznmqzdQWizfAeQB8gL43O9PqSBB8u6MZet8GrlcSD7-XJUBWxAJAEg9is1xDjV7rqEvilI.WtlUwTpdZZaaBX3953clyhSpR8RWNneRWKd0u1lMj6s&qid=1718631451&sr=8-1
https://www.optafinancial.com/
Timestamp
0:00 Introduction to Wealth Building
0:30 Interview with Freddie Rappina
1:06 Mindset: Checkers vs Chess Players
2:07 Building Wealth Through Debt Leveraging
2:42 Journey to Wealth
3:49 Creating Sustainable Cash Flow
5:40 Real Estate as a Cash Flow Asset
10:43 Diversifying Income Streams
12:18 Investment Strategies for New Entrepreneurs
14:14 Managing Risks in Your Investments
19:52 Building Wealth with Creative Financing
29:02 Conclusion & Podcast Outro
About The Host
Lily Patrascu is an ultra-creative book publisher and personal brand strategist for thought leaders, CEOs, luxury influencers. As an influencer, bestselling author, copywriter, global speaker, she supports busy entrepreneurs to find their message and share it with millions of people.
Feel free to connect with me or find out more about my book publishing/influential entrepreneur events/speaking/ projects here: https://linktr.ee/lilypatrascu & www.lily.global I am launching a few collaborative books: on property wealth strategies, confidence, millionaire secrets, health tools, AI, and seeking influencers with large communities to promote their expertise with the books. I can help you write/ghostwrite and publish your books in 90 days. Message me (Lily) on +447557351222 to collaborate.
If you want to be featured on this podcast, and you're a successful entrepreneur able to share about how you grew your company, book your spot here: www.lily.global/podcast -
-----------------------------------------------------------------
IMPORTANT: Earnings and Legal Disclaimers
We don’t believe in get-rich-quick programs or guarantees of specific outcomes. We believe in hard work, adding value, and serving others, and our programs are designed to help you achieve those goals. As stated by law, we cannot and do not make any guarantees regarding your ability to achieve financial results, earn money, or improve your health using our ideas, information, programs, or strategies. Your success depends on your own efforts, skills, and circumstances, which are beyond our control.
We are here to support you by sharing our strategies to help you progress, but nothing on this page, any of our websites, videos, marketing materials, or in our emails constitutes a promise or guarantee of future earnings, financial outcomes, or health improvements. Any financial or health-related examples, estimates, projections, or past results referenced are for illustrative purposes only and reflect the views of the hosts and guests. They should not be considered as exact, actual, or assured results. If you have any questions, please contact us at hello@lily.global.
Awakened Titans Podcast - with Lily Patrascu shares mindblowing conversations with influential business titans so you can manifest abundance, love, joy, success, through exponential business growth, innovative products and services, time/money management, property investment, funding, startups, quantum awakening, quantum manifestation, quantum healing, quantum miracles, motivation, high achiever habits and more!
