The 100 TRILLION Dollar Wealth Transfer with Ken Costa

Рет қаралды 3,247

Күн бұрын

Global investment banker, financier, and philanthropist Ken Costa talks about the 100 trillion dollar wealth transfer that's happening over the next decade as Boomers pass on their wealth to their Millennial and Gen Z children. He discusses what happens when the next generation inherits that much money and the key to wealth for beginning investors.
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Chapters
00:00 - How the Boomers' Money Handover Will Revolutionize Capitalism
07:35 - The role of money in the church
09:45 - Lessons of Marxism for Millennials
11:21 - In the Elevator With Wall Street's Elite
12:23 - What are some of the biggest misconceptions about financial institutions?
18:08 - On Money and Compound Interest
22:09 - The Hundred Trillion Dollar Wealth Transfer
25:59 - The challenge of first-time homeowners
27:46 - The Next Generation of Billionaires
35:51 - The Middle Class and its future
42:54 - Are we remembering the kingdom in our estate planning?
45:16 - Preparing for the Next Decade
47:28 - Ken Costa on the 100 trillion wealth transfer

Пікірлер: 19

@vusanichirwa1348 Ай бұрын

Ken Costa’s ability to articulate complex ideas with clarity and passion is so remarkable! His anecdotes from decades of experience in finance and his emphasis on integrity and authentic leadership were particularly compelling.Thank you for this discussion

@CareyNieuwhof Ай бұрын

Thanks for watching!

@CaliCoast805_lovin_life 21 сағат бұрын

Great interview and information! Thank you for reminding us, generations must....STILL WORK TOGETHER to live successfully.

@CareyNieuwhof 15 сағат бұрын

Absolutely!

@garykingsbury4758 Ай бұрын

So glad that you had a great discussion on money. Hope for more to come, as well as on time management. I was taught that the rubber meets the road of our faith through our areas of money and time. The person, who attends an hour service each week and throws in a couple of bucks in the offering and ignores God and His Kingdom assignments the rest of the week, needs to hear about surrendering themselves their wallet and calendar to God. I had to go through that process, helped by mentors.

@CareyNieuwhof Ай бұрын

You can find more on time management here: kzfaq.info/get/bejne/o9VnfcaSrrO5io0.html

@adamaweber Ай бұрын

Ken is a legend!

@CareyNieuwhof Ай бұрын

Right?!

@RobertFarr-xu8xs Ай бұрын

Great podcast. The guest obviously has the ability to communicate his thoughts and ideas with empirical evidence. Thanks for this episode.

@CareyNieuwhof Ай бұрын

Thanks for watching

@valvend Ай бұрын

There will be a debt transfer too out National Debt.

@WGPower_Nonchalant_Cafe Ай бұрын

Yes yes Tell information about the God of Mammon!! People love money

@mauricejchiasson Ай бұрын

Been watching and am subscribed. Excellent.

@CareyNieuwhof Ай бұрын

Awesome, thank you!

@mauricejchiasson Ай бұрын

@@CareyNieuwhof thanks for replying. Been watching your KZfaq for a few yrs now. Am sound tech guy in a church. CAREY, you are saved and what you do is real important. Thank you.

@JesusLeadershipTraining Ай бұрын

do you think this analysis is global...thanks greg

@atenas80525 Ай бұрын

Is there really a "wealth transfer" when it takes 2-3 generations to meet basic needs? Seems there is a wealth transfer, but not to the kids/grandkids but to the government and bourgeoise in the form of inflation. Inflation is a tax that isn't voted on and it takes everyone's wealth. Listening through 41 minutes and not one word of the inflation in his lifetime that has really destroyed wealth. We're now in a situation where it takes the wealth of 2-3 generations to equal the wealth that used to be 1 generation

@rgrydns1 Ай бұрын

Money is the creation of the state. It is given to us by God only inasmuch as it is the product of human creativity trying to solve practical problems, i.e., the need of a medium of exchange or store of value. But let's not pretend God creates money like he creates trees and animals and human beings.