Ep 240: How The Wealthy Thrive In Downturns with Patrick Grimes

28 Jan 2025 • 34 min • EN
34 min
00:00
34:38
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In this episode of the Next Level Income Show, host Chris Larsen sits down with Patrick Grimes, an engineer turned alternative investment expert, to discuss strategies for building wealth and creating a bulletproof portfolio. Patrick shares his journey from losing everything during the 2008 financial crash to finding success through cash-flowing investments and diversification. He explains how the wealthy allocate their portfolios, the importance of non-correlated assets, and why "real estate is a get-rich-slow game." Key topics covered: Lessons learned from the 2008 recession The power of cash-flowing investments Building a diversified portfolio with alternatives like legal funding, real estate, and even aviation The importance of financial education and how to get started Patrick also introduces his platform, Passive Investing Mastery, where he provides free webinars and a signed copy of his book to help you take control of your financial future. 👉 Get Patrick’s free book: PassiveInvestingMastery.com/book 👉 More resources: NextLevelIncome.com/coaching 🎧 Don't forget to subscribe, like, and share this episode with anyone looking to take their income and investments to the next level!

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