Fri, 6 July 2018
CW 1023 FBF - Patrick Donohoe - What's NEXT for REI & The Economy, Perpetual Wealth, Infinite Banking & More
Today's Flash Back Friday comes from Episode 783, originally published in January 2017.
Jason’s guest, Patrick Donohoe is the CEO of Paradigm Life. Paradigm Life is an insurance-based financial services company. Patrick shares his thoughts on the recent political changes and how the U.S. economy will be affected, he shares his thoughts on the new administration with a high-level worldview and he recalls his recent experience at the Meet the Masters of Income Property event in California.
[3:05] The caliber of people at the Meet the Masters of Income Property event was a high point
[5:52] Foxconn will bring manufacturing back to the U.S. due to Trump’s business savvy
[12:28] Patrick doesn’t believe charity to foreign nations is in the best interest of the U.S.
[16:23] It will be fascinating to see how Trump deals with the past, present and future
[20:49] Trump will inject adrenaline into the U.S. economy
[23:50] Paradigm Life is an insurance-based financial services company
[28:18] A stock market rally is a short-lived business cycle
[30:51] Patrick describes how he makes the right investment and performs due diligence when acquiring properties.