Five Things the Super Rich Probably Do Better Than You

Advance Your Wealth With Homer Smith

Mar 21 2024 • 17 mins

When it comes to building, preserving and transferring wealth, it’s natural to look to the wealthiest among us for insights and actions we might adopt in our own efforts.

On the latest installment of Advance Your Wealth, we’re examining five personal finance lessons from the so-called Super Rich, those with a net worth of at least $500 million. The steps they take, and don’t take, may prove illuminating as you journey down the path toward your most important financial goals.

Chapters:

0:00 - Introduction and overview on the topic of the day

1:29 - Homer's big-picture takeaway on how the Super Rich build their wealth

2:50 - Working with the best experts you can find

4:24 - How to identify top-tier professionals to work with

6:05 - Going beyond the numbers

7:58 - Recognizing the importance of negotiation

9:37 - Trust, but verify

11:17 - The importance of keeping your emotions in check

12:28 - Tips for staying logical during emotionally tough circumstances

13:54 - How to get in touch with Homer and his team

14:48 - Closing remarks

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