Latest / Money Grows on Trees / #277 - Ask A Millionaire (LIVE & FREE For Callers)

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#277 - Ask A Millionaire (LIVE & FREE For Callers) · Money Grows on Trees

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So you don't have to overthink it, you don't have to be super creative. But the most important
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Because you can't sell a secret. You have to definitely have something that's of value to
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them. What they'll be saying is what's in it for me, right? And the fastest
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way to get what's in it for them is to give them money. Financial independence
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is so close to so many people. It's just like that. Let's just do the step and get
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the freedom today. Let's just do it now. Simple scales, complex fails.
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There's probably nothing stopping you from having financial freedom and independence with
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I'm Lloyd James Ross, seven-figure investor and entrepreneur, and I've helped
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thousands of business owners and professionals turn financial stress into
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success. If you're stuck in old money habits, overwhelmed by investing,
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or unsure where to start, this is for you. I'll give you the mindset
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and strategies to take control, grow your wealth, and achieve
0:51
financial freedom. It's time to make your money work for you.
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We are live! Welcome to our brand new, fun,
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exciting segment called the Wealth Hotline,
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where we take live calls from the public
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about a particular topic when it comes to their money, business,
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mindset, everything to do with their wealth building. So
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I'm excited for this segment. It's the second time we've done this now. And
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each month we're coming here to do a live calls with people. Today we've got
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five lucky contendants that have, they've thrown
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their hat in the ring, so to speak, and they have questions for us. So
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super excited to help them today with whatever questions they have around their
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wealth. It's gonna be super exciting. We wanna make sure that we're educating them
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and we're helping them to, and coaching them to make their own
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best decisions, all right? Let's get to the first person.
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This is going to be cool. So I'm going to hold my phone to the mic and
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make sure you can hear this, right? Let's go to the first caller.
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Let's do this. This is Caroline. Here we go. This is
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a bit of roulette because sometimes you don't know if they're going to answer. Caroline
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Lloyd, you got my Australian mobile, excellent.
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Yes, you're on the world hotline and I've got your Australian mobile
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Yes. I wouldn't be doing a very good job. No,
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that's okay. I think you're doing a wonderful job of being easy to contact, so thank you.
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This is a fabulous opportunity,
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so I really appreciate it. The last time you put it out there, I
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was just reluctant only because I thought there might be other
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people more deserving or whatever, but this time having seen what you
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There you go. I love it. Thank you for throwing your hat. I'm excited for you to throw your hat.
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I'm trying to work out where I'm at regarding what to do with my
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cash. I have a fear about putting all of this cash into investments
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given that I have still property, which
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is mortgage. So I'm looking, you
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did ask me when we last interacted and
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I've been in Newcastle, I'm in Newcastle, I'm sorting out
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What is your underlying like core question that
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you need answered? Like what is on your mind? What
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I think it's validating, I've sort of worked out one
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approach, it may not be the only one, but I've worked out
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one approach with my cash. Because
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it's not a case of I can't hold on to cash. I'm worried about
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putting it in stocks and shares, not going up for
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Got it. Okay, so you're wanting to know how to deploy your cash
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to grow your wealth, yes? Yes. Okay,
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Some of that will be potentially buying my mother's apartment,
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Sure. We have all these options. So
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we have on the options for cash, we have do nothing and leave it in
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an account. We have put into a term deposit and get some returns.
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We have pay off debt. We have keep
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properties and pay off debt. We have perhaps investing in some other assets
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So my question to you is, irrespective of the size of the cash, What
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is your overall objective? What do you want to achieve financially?
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Well, it rolls into one, but it's in
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two parts. I'm in a situation now
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where if I use my money sensibly, I
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can be reasonably comfortable, but that
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intention is I'm not at the moment rich
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enough to be able to do whatever I want. But the nice
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thing about being reasonably comfortable is I can now create
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another business and involve other people
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without having so much concern about my security,
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It's working out the
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method for paying down some of these mortgages.
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I've taken on board your comment about potentially
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Okay, so let's look at it like this. You've got, how
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At the moment, there may be some calls on it, but in the UK
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Pounds. Okay. Roughly,
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Okay. So let's say there's say 200K Aussie and there's about, so
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you probably got around 800K total or 700K Aussie. Yeah.
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Okay. So how much debt do you have in total off
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My UK properties, it's 500 and
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just looking at
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Okay, so let me ask this question. How many properties do you
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Sure, so you got five total yeah five
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total Okay total
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properties how many total properties do you own and how
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Okay The
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Perfect. Wonderful. Excellent. So let me
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ask this question. What is preventing you from just paying
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off all the debt of those properties and having them all debt free and
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trying to work out what the best way of using
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Well, that's what I'm, what I'm suggesting. So my question to
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you is though, if you've already got the properties that
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already producing income, you've already transacted them. What's
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preventing you just paying off the entire balance of the debt and have
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them all debt free or producing passive income to you. So
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Uh, Because I'm looking
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at buying my sister's half of my mother's apartment. So
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Well, I'm getting valuations at the moment, but I guess is
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I may have to pay her eight or
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So is your objective to just accumulate properties
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The latter. I'm trying to put in
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some backup plans because things are not good
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Sure. Okay. So you want to diversify your real estate holdings
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So what would prevent you from selling one of your properties over there
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and adding it to your cash and buying the
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Well, that's what I'm looking at at the moment, as well as paying down
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What's interesting, Caroline, about your situation with six properties with
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only 550 odd thousand pounds of debt on it
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with all your cash too, is that you
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have the ability now to
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have probably four
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of them. fully paid off and unencumbered if
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you include the Australian one. So you can potentially sell two
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in UK and use the cash
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to buy the one here in Australia and you'd have to pay off the debts. But you
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have the opportunity now with your cash and your equity
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in your portfolio to actually own probably four of
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them outright. And so you're actually
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like a breath away from financial freedom. Like
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you're one decision away. And I think what happens
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to people is they get confused thinking they always have to invest in some other
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asset class. Like, I have to invest in shares. I have to know everything about everything.
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I have to invest in gold. I have to invest in... You don't have to do everything
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and anything. You could just... Like, real estate's a very solid asset,
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particularly if you're looking at real estate in major Western
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countries, right? So there's probably nothing
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stopping you from having financial freedom and independence with just a
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paid-off property portfolio. Like,
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I'm not arguing with you. It's
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just because I've spent a lot of my life having
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And at times you don't have someone to bounce ideas
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Therefore, having a backup, I
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can see that since two of my, or all
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my rental properties I hold in a limited company,
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they were bought with a director's loan so that all
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the income can for 10 or 20 years
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So the only other thing I was going to
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say is one of the benefits I've had from doing your course, apart
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from looking at things with a different hat, is because
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the properties are owned by a company, I can own
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them up until I think I'm 80. I've got another 10 years
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before I'm forced to pay off mortgages. So
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I realized that I could, for example, for one of
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them, pay down 70. So
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I'd have the current repayment would be interest
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Yeah, but I think you're complicating it. I
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think you're complicating it. Like if the roles were reversed, I
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would, apart
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from this one you want to buy, you're just in a position where you can be debt
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free off on six properties. Like it's
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one decision away. So
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I think it's like, that's why I asked at the very outset of the call, what's the objective?
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And a lot of people can get carried away with objectively just building empires
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for the sake of empire building without a real clear understanding of
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what they're trying to actually achieve with their life. So that's why, that's
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why the question is what kind of life do you want to live? Not how many properties do you
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want? So it would be what if with one
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fell swoop, you could pay off pretty much all the debt of all
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the properties, perhaps tuck away a bit of extra cash for, for
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emergencies, et cetera. But all the income from those properties with
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no debt on them will provide you enough passive income to literally live a life
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of Riley around the world now. Today?
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I'm not taking that on board yet. It's the latter bit. Is
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Well, if you had your home paid off and
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you had five properties debt-free producing income, how
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Well, that's what I'm just sort of net. I'm sort of working
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I haven't done it for the paid off. At
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the moment, let me just look at the table
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Here's what I would suggest to you. Here's what I would suggest. I
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would suggest looking at how much passive net
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income, so net income means after costs of running the property, so
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the operating costs, how much net income after
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tax goes into your pocket on a
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weekly or monthly or annual basis without
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any debt on those properties? And if the
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answer is, well, actually, that's pretty much like a full-time salary, you're
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literally living like the 1% of the 1% of the 1% of the world. and
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you can then start to really decide on how do you want to actually live your life. Now,
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that doesn't mean you have to stop working either, by the way. You can do both. You
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could have passive income coming in plus keep working, but you have
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a choice then to really work on what you want to work on. And
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I just, I don't think you need to complicate it
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that much because you've done all the hard work already. Like
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to have a home paid off and potentially in a
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breath have five other property investments paid off producing passive income.
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You're in a seat that you're the envy of the world and
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your mindset might be stopping you from just making that decision because perhaps you're
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I hear you. I'm not going to throw anything back. I'm listening to you.
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This is why I don't do it. Sure. Yeah.
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This is why you called in. No, no, totally. Because
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people sometimes call into me or talk to me and say, oh, Lloyd doesn't like property. Of
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course, property is an effective asset. It produces cashflow, grows
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in value of time. I just don't like overpriced property. Like
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anyone and I also don't like big mortgage debt and like I don't I
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like optionality So I just think about your situation think
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god, you've got all these properties. You've paid the transaction costs already. They're
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already in place They're already producing income. You've got this
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cash. I mean you eliminate the debt You've got no debt
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on a fully risk for like, you know, there's no debt risk no financial risk
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and then you've just got You're passive income tricking and
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you've got multiple doors. So you've got multiple properties. So
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it fortifies the income, it's diversified across multiple properties. You
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don't have any home mortgage debt and you're at an age where you can keep working and have
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both. And I really do think that your decision to
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where to deploy the cash, it doesn't have to be complex. right?
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It's just where's the most, where's probably the most obvious place
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to deploy it to get the life you want. And if, if I know where
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that is, and if I were your, your age and where you're
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at with everything, I think you're just so close to having financial freedom. So I
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would say to you this, to finish the call, look at the amount
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of income you can make with debt free properties. And
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Make the decision of where to deploy the cash based on what is the safest, fastest,
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most effective route to getting passive income for the rest of your life. And
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take the path you understand. You don't have to play in games you don't understand just
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because. And
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if the income is not enough, then keep working until it is enough. But
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I would argue that
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if you can't live a nice life on no
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mortgage debt and five paid off property investments, then
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perhaps you just need to bring your lifestyle. Yeah, it'll be a lot. And I think you're
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there. So I would say to you, go check out the numbers. And
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then when you get to the number, shoot me a DM on Instagram, whatever it is, and just
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Okay. Home mortgage, 1.97% interest. So
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really to pay that off when I've got another two years at that rate.
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Secondly, what I learnt from you is I could pay 18 down on
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a property and invest 40. And in 10 years, when I
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have to redeem the mortgage, I can come out with 8% interest
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at 102,000. So, you know, I can
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pay less down if I use some of the investment strategy, as
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long as it works. That's why I'm being careful and trying to
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Well, it just means you've got to learn a whole new landscape. That's
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all it's all. And, and, and what's very tricky at
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the moment is how do you deploy large amounts of cash into any market?
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See, when you, when you pay off debt with cash, it's
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an guaranteed riskless investment. Because
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paying off debt, your return on investment is the debt. You
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don't have to pay the cost of the debt, right? So it's an absolute guaranteed return
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when you pay off debt. Whereas when you're going into, say, the markets, you've
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got to remember that it's a very richly valued market. And
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it's tricky to deploy half a million pounds, whatever it is, into that. Because
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what if the market goes sideways for 10 years, collapses? The
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best way to invest in alternative assets or even
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stocks, if you've got lump sums, is to actually dollar cost average
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You could. I
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don't know if you have to because the entire objective
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of investing is to get enough passive income to just not work again, as
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far as I'm concerned. So you're just so close to that. Now,
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if you happen to, for example, have 1.95% of
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your mortgage, you don't want to put your money there because it's not a high return on investment of
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the debt. Perhaps even a high interest account
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of some sort would be better at 5% because it's better than a mortgage of 1.9%. So
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just something that's that it doesn't have to be
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risky, but something that's going to compound more than 1.9% would
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be fairly appropriate. But once that term expires
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and the interest rates trigger back up, you will want to pay the
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debt off because the interest rate will be higher. So I think just optionality
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Got it? So I can't say to you, Caroline, go
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and put your money in this stock or that if I can't give you the financial advice. But
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what I can say is, I don't
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think it has to be risk assets. I don't think it has to be complex. I don't think it has
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to be anything but probably pay off the high interest debt
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as soon as possible and
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sit on the cash in a high interest term sort of account for a while until the other mortgage
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kicks up a gear and then pay it off. Or you could just pay it all off
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now and just get it over with and live your life. You
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know, I just think it's that close. So here's my suggestion. One,
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figure out the amount per year coming in from the debt-free properties. Okay.
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And then once you do it, send it to me on Instagram. I want to see what it is. Okay.
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That's your task. Cool. All right. No worries.
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There you go. Interesting, isn't it? Keep
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things simple. Simple scales, complex fails. You
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don't always have to... God, financial independence is so close to
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so many people. It's just like that. Let's just do the step and get the freedom today. Let's
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just do it now. It's almost like people are afraid of
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that sometimes, which is normal, because it's like, oh my God, I actually have the
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thing I really wanted all this time, freedom. Oh my God, I'm scared now. What do we
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do? Because it's a very unknown area, right? So, I mean, so
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cool to see Carolyn. She's so close to freedom. She's there already. I mean, it's pretty simple
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stuff. But hey, paying off debt at a time when
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debt is quite getting more expensive as well, in
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many cases from what it was, it's a pretty good return, right?
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Like, last time I checked, you can't go broke with no debt. Okay,
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let's do another one. Let's go Kirstie now. We'll give her a call here. See
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if I can copy.
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So these will typically go for 10 minutes. That one was a bit longer. That
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was a bit more protracted, but let's go for Kirstie here. Let's
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see if she answers. Just quickly, if you're ready to take control of your
21:21
finances but feel stuck on where to start, I have a solution. My
21:25
book, Money Buys Happiness, simplifies investing and
21:28
wealth building with practical steps to help you achieve financial peace.
21:33
Get your copy via the link in the show notes and let's get your money working for
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you. Now back to the episode. Here we go. I wonder
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what the question's gonna be here. Kirstie
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I'm trying to do quiet naptime sort
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Oh no. Wonderful. Excellent. Put
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Marvelous. So we're on the Wealth Hotline and so
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On my mind was how to bring
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value, I guess, as like, I'm
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not exactly a fresh startup, but I do pet for keepsakes. And
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I'm like, how do I bring that as a value perspective to someone
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like yourself or a person of influence to get the word out there about the
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Yeah, as in like family pet
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passes and they keep a bit of fur and I can set them
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So when the pet passes away, you give keepsakes. Okay, that's
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Excellent. So the question is how do you build a brand around it
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What I would really like to do is to reach out to people to obviously
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build endorsement and awareness about the brand. At
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the moment, locally is
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where I've started with it, is to go and approach vet clinics to
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then get referrals for their clients. I'm like, okay, I need to
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think bigger than that and more outside of the box than that. How
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can I approach famous
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people, for want of a better word? Yeah,
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to sort of build my brand awareness but also to give back to them because
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I donít want to just go, ìOh look, this is a cool thing. Would
23:53
So how many do you sell products? Do you sell a specific amount
23:58
Theyíre very sporadic. Some months could
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Ideal customer is probably dog owners or
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horse owners. Horse owners are helpful because they're
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large animals and they're very hard to, you know, cremate.
24:23
Okay, cool. So they're the specific animals that
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people become attached to the most, like a family member? Okay,
24:30
cool. So how do you get your keepsakes in front
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of more people? So I think it's a matter of, you're
24:36
already kind of doing it with the vets, but a couple of things I would
24:40
do. Firstly, I would be
24:45
blogging and posting on Instagram every single day. You're
24:57
Okay. So I'd be doing, I'd be aiming for at least two posts a
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day. Yep. And what I would be doing too is I
25:04
would be, I'd be learning the
25:07
ins and outs of Instagram and I
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would be, uh, I'd be doing a
25:15
different variety of content, but more often than not, it's just
25:18
documenting your journey with your business. Okay. So don't
25:22
have to overthink it. You don't have to be super creative, but the most important
25:25
thing is people know you exist because you can't sell a secret. And
25:29
so the idea of the Instagram would be over time you
25:33
would want to be doing like collaborative, like
25:38
shareable content with the vets via their own Instagram account so
25:42
that it's going to their audience. So if I think about
25:45
all the partnerships you want to create, you'd want to create partnerships with
25:50
people like pet angels who come and collect your pet when it passes away.
25:54
And pet angels have their own keepsakes, but at the same time, you could definitely partner
25:58
with them for things they don't provide. And, and
26:02
there's more than just pet angels that would do that service. So it's those
26:05
services, it's definitely vets, but you could specifically
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partner with the type of vet that has a large Instagram following and
26:13
database. And what you'd want to do is you'd want to incentivize them.
26:18
So you either pay for placement or you give them certain things
26:21
for their audience that they value. So you don't, so, so you actually like
26:27
Right. I thought it was hitting a bit of a wall. I'm
26:30
like, I don't want to just cold message without a
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Obviously, it's got a purpose for me, but for someone else, what are they getting
26:39
out of it? Yeah, so you can cold message and how you would do it
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would be, you would start with $200 per referral
26:47
in the top message in a DM. So they know
26:50
they're going to get paid for whatever it is they're about to look at and read. And
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you can literally just start the sentence with that. And then you could, you
26:57
could just DM them and say, Hey, this is, I have keepsakes. I'm looking to collaborate. I'm
27:01
open to paying for collaboration and shout outs and, and,
27:04
and cross-pollination of audiences. Is this something you're open to? Would
27:08
you be open to, I do this. I'm looking to build my business. I
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want to work with local vets. You caught my attention because of these reasons. Would
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you be open to a collaboration? That's a win-win outcome. Because
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people aren't going to be closed off to a win-win outcome. They're going to be open to it,
27:24
right? No one's going to say, no, I'm not interested in a win-win outcome. But when
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it comes to yet, when they say, yeah, I'm open, you have to definitely have
27:31
something that's of value to them. Because what's of value to you
27:34
is their audience. And so what they'll be saying is
27:37
what's in it for me, right? And the fastest
27:41
way to get what's in it for them is to give them money. That's
27:45
the five, like, I'll just give you money. Right. So you got to, you could start there.
27:49
And as you start to evolve this and have more conversations, um,
27:53
you may want to actually then decide, well, actually I've got this in it for you.
27:56
So there'll be other things you can provide that that might not be
28:00
money, but at the outset, it's going to be money and
28:03
what you'd want. Yeah,
28:06
totally. And so you can literally DM every
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vet that's in Australia on Instagram.
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And DM them on LinkedIn too. I don't know if Vets might
28:18
be on LinkedIn as well. But they're definitely going to have Instagram accounts for their own business. They're
28:22
probably maybe going to have Facebook account, but Instagram is easier to get in touch with them.
28:26
And possibly LinkedIn, right? And
28:37
But you don't have to be there and physical in person to give you
28:55
Fine. So it can be everywhere because a Zoom call
28:58
is as good as a meeting. But referral partnerships is
29:02
one form of marketing. What you want to look at from your Instagram is
29:05
you want to probably find a couple of reels that work well. So
29:11
when you're putting content out, watch for the content that really hits
29:14
home to get a lot of followers. And those
29:18
that work well, all you would probably want to do in the first instance
29:21
is start paying and hit the blue button that says boost and boost for followers
29:25
for that particular reel that you did. And as people are
29:28
coming in and following you, you want to hit the follow back button and then you
29:31
want to actually have a conversation with them in the DMs. Got
29:36
it? So yeah. So, and one of the things you
29:39
can do is like, you can also follow the pet
29:44
accessory pages. because all your perfect
29:52
Potentially pet food, depending on what kind of pet food it is. Dogs obviously
29:55
is one that you want to go for. And if you just went and
30:05
And so you can actually like, you can start
30:08
to DM and follow some of those key customers, particularly ones that have,
30:12
you know, a few hundred friends on their Instagram. And you can start to
30:15
have conversations with your customer. Right. And
30:19
they'll find your page and so forth. Now, when their dog passes, they might see
30:22
you, but what will happen is you'll start to attract that followership to
30:26
your Instagram account. And then as you start to
30:30
boost more of your stuff and advertise your product range, you
30:34
can very much like you can select your audience. And
30:37
what you will want to do is have a specific reel for
30:41
one product that is your best selling product and have a
30:44
link for them to actually go and buy it. So
30:48
you could do a reel that's selling your best keepsake and
30:53
have an ad that's crafted to hit an audience where they've just lost a
30:56
dog. And you can literally pop
31:00
up in front of their feed with that ad and either have it
31:03
click a link to go buy your thing or click follow to follow
31:06
here. And you can have a conversation in the DMs. But paid ad
31:10
strategies to a specific audience targeted
31:13
for a specific time for a specific thing. is
31:17
the power of paid traffic, and you need to harness it. But at the same
31:20
time, you're building your Instagram account organically, you're looking at
31:23
what works, you're testing different content, and then
31:26
one that hits, do an ad around it, pay the money to target your
31:30
audience, get them to come in, buy your keepsakes. And that's probably
31:33
the fastest way to build customer acquisition. Meanwhile,
31:43
Yeah. I guess
31:47
I targeted that mostly because they would be
31:53
They're referral partners. So they will send
31:57
you consistent, hopefully over time, consistent customers. But
32:01
you can also target people who literally have just lost their pet today in
32:07
You just put an Instagram ad together. If
32:10
you go to Udemy, have you heard of Udemy? Udemy, U-D-E-M-Y.
32:16
Go in there, get a course for cheap on how to craft
32:20
an Instagram ad. Watch it, then
32:24
go craft an Instagram ad to your perfect audience, to
32:27
your best keepsake and see if you can make a sale. Yeah.
32:31
Right. Beyond that, there's things about you can do with your landing page, where
32:34
they're going, et cetera, et cetera. There's more to it than just that. But
32:37
with, try just with Udemy, craft the ad on your Instagram and
32:46
But there's lots to it, right? There's branding over time, content you've got to put
32:49
out each day, do your referral partnerships with your vet, but at the same time,
32:53
do a small paid strategy. But the most important
32:56
thing is that you have to understand that this is going
33:05
That's just how it is. Got
33:09
Totally. Yeah, absolutely. So go do that. Yeah,
33:14
absolutely. Just stay with it. Go and keep testing these things. Also,
33:19
last bit, find an account that's already marketing keepsakes
33:22
like yours, perhaps in a different country like the United States, and
33:26
model exactly what they're doing. Clone
33:30
them. How they
33:33
post, you post. Model their ads. Model their organic
33:37
feeds. Ask them questions. Model their whole setup. Model
33:41
their landing page. Funnel hack them. Instagram hack them.
33:45
Literally just model them as close as you can. That's probably one of the best things you can
33:55
Bloody marvelous. Thank you for calling to the Wealth Hotline. It's been awesome chatting with
33:58
you, Kirstie, and good luck, and you're going to smash it. Thanks so much, Lloyd.
34:05
Bye-bye. There you go. Pretty
34:08
tricky one, that one, because there's so much to Building
34:13
a business. But you can't sell a secret. So I
34:16
think a lot of people don't realize you've got to document what you're doing on
34:20
social media. It's the biggest notice board in the world. And you can't
34:23
sell a secret. You've got to be on there. You've got to be documenting, paid traffic, referral
34:26
partners, bit by bit, each day, each day, each day. Yeah,
34:31
what are the comments? We've got comments. Come on. Come on the comments. Here
34:34
we go. G'day. How are you going? Get
34:38
a bloke up your mouth. We run a
34:41
home dog room biz. Both of us work full time. Cool revenues. Wow. Wow.
34:45
That's so good. Revenue five to six K a week. Current
34:49
expense is $300 a week. That is so good. Looking at a
34:52
shop, $800 a week rent. How
34:55
do we judge if this movie is financially viable and sustainable? That's a really good
34:59
question. Get a bloke up
35:02
here. Home, dog grooming, biz, both
35:06
work full-time. I'm assuming you're working full-time
35:09
on the business. So you're making five
35:13
to six grand a week on $300 a week. So my question is
35:17
why, why, why do you need a shop? And if
35:20
the answer to that question is because we want to separate our business from our
35:23
home, we feel like we can charge more if we have a place, we can find
35:29
efficiencies by having a workplace, etc. If
35:32
that's the case, then you've got to understand, is
35:36
the 800 a week, is the juice worth the squeeze? And does the 800 a
35:39
week eliminate the 300 a week, or is it 800 plus 300, so it's 1100? Looking
35:43
at the margins of the business, the business can easily – I don't understand
35:47
the other cost but it looks like it's only 300 bucks. So you're probably netting 5 grand
35:51
a week. You can easily afford a shop
35:54
for 800 a week. You can. But you've got to make sure what's the objective.
35:58
Is it just so you can say you've got a place of residence or is it actually going to create efficiencies
36:02
that are worth more than 800 a week? So if you can earn more
36:06
than 800 a week, you can either put your prices up, you can build efficiencies, you
36:09
can leverage more, you can build better, like whatever
36:13
it is, it's got to be worth more than 800 a week. Otherwise,
36:17
stay where you are, right? So judge it
36:20
like that. Would the juice be worth the squeeze? But from all
36:23
accounts of what you give me here in the comments, the
36:28
business can handle it. Does that make sense? And it's
36:31
also tax deduction. Anyway, that's a cool question. You can't
36:35
sell the secrets of teaming, create partnerships. This must be Alicia. This
36:38
is my amazing wife. This is why you got to marry well. That's the best advice I
36:41
can give you on money. Marry well. Think about it for them. She's on there. All
36:45
right, that's it. Cool. That was a fun one. We got a little time left
36:48
here. We got time for one more, huh? Two
36:52
more. Okay, let's go. What do we got? Next person. That
36:55
was a fun one with Kirstie. Go, Kirstie. That's awesome. Okay, let's call Mark here.
36:59
Your call has been forwarded to voicemail. The person you're trying to
37:02
reach is not available. Same. At the tone, please record your
37:09
Joseph, Lloyd, you're on the Wealth Hotline, my friend. Anyway,
37:13
we've phoned you. You may have been held up. So just
37:16
leaving you a voice message to say, hey, perhaps next month, if you're free, we can jump on again.
37:20
But shoot me a text back when you get this, and I'll talk to you soon. Bye. That'll
37:23
be it today for our Wealth Hotline. We've done three good questions
37:27
there. The other two guys, they're incapacitated at
37:30
this present time. So that's what happens if you do it at lunchtime. Everyone's at work,
37:34
right? So anyway, look, here's what we do. With the
37:37
new Wealth Hotline, this is how it works. Every month, I
37:43
send out a little invitation to our Telegram channel. That's LloydsTelegram.com. Also,
37:48
if you follow me on Instagram, there's an Instagram broadcast channel there you can follow.
37:51
I put it in there as well. And then potentially to specific people
37:55
back on our database and in our Facebook group, which is Money Buys Happiness. So
37:58
if you want to call in for a call about anything related to wealth, obviously
38:02
you heard some business stuff there, some money stuff, investing stuff, whatever it
38:06
is, you're welcome to call in. We just do this once a month for
38:09
an hour a month. All right. And each call typically goes for 10 minutes. You're
38:13
welcome to ask the question. So if you see that go out, you
38:16
can actually call in and hive high value calls, right? That
38:20
can change the future for you. So I hope that makes sense. Hope
38:23
you've enjoyed it. And thanks for leaving the comments. It's great to get some interaction there in
38:27
the comments. If you've got any questions or other comments, pop them below. I'll
38:30
come and reply to them. And I look forward to doing this again, live next
38:34
month. The Wealth Hotline, let's go. See you soon. Thanks for
38:38
listening to Money Grows on Trees. If you enjoyed the episode, leave a five-star
38:41
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38:48
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