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AZ Tech Roundtable 2.0

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where EntrepreneursTop Executives, Founders, and Investors come to share insights about the future of business


AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… 


AZ TRT Podcast Home Page:

‘Best Of’ AZ TRT Podcast: Click Here 

Wealth for Life: HERE


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May 3, 2023

BRT S04 EP18 (180) 4-30-2023 – Wealth for Life

Teach Your kids about Wealth $ to Build a Master Family Dynasty


What We Learned This Week

  • Wealthy do things differently – all their money is not invested in Stocks
  • 99% of financial advice is just stocks. Most advisers are really stock sales people. It’s a butcher analogy. What is the butcher going to recommend? Meat.
  • Baby Boomers are getting older and they will be passing Billions of dollars & Trillions $. Money that will be passing to children and heirs. Businesses that may be passed on.
  • Estimated that 70% of Families Lose their wealth by 2nd Generation
  • You want wealth to continue into the next generation. Not legacy, create a dynasty. Create frameworks for a thriving family now and for generations.
  • Model and Teach Success. Involve kids in the process of building the business and investing.
  • Taxes are guaranteed to drain wealth. If you can pay a 20% tax rate versus 40% you will have a lot more money working for you.





Co-Host: Denver NowiczPresident - Wealth For Life 

Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing’.



Master Family Dynasty

The conventional wisdom is over the long term the market goes up. S&P average is 8% over the last 75 to 100 years. If looking a long enough timeline the market does go up.

Short term the market is up and down and very volatile. Some of the best investors like Cathy Wood and ARK Invest or the Tiger 21 club were beat up in 2022.


Stocks are not the only asset class. One thing retirement plan, buy stocks and if that’s one thing, stocks goes up everything will be fine. 

You want to diversify into different assets. Wealthy people do it differently.

If you use a diagram of a pyramid it is top-heavy with most people investing in stocks and taking a lot of risk.

You want to flip it and diversify assets. You were looking for different types of assets that can lock in profits and pay income streams. Examples of this are business income and real estate. Investment plans are not all black and white.

There are good stocks and bad stocks. Zombie companies are examples of bad stocks. Your goal should be to have financial security, a bulletproof financial plan.

Think in terms of offence and defense. A defensive strategy would cover 80% of the income needed for your expenses and needs. You do a mix of strategies. 

99% of financial advice is just stocks. Most advisers are really stock sales people.

It’s a butcher analogy. What is the butcher going to recommend? Meat. To a man with a hammer everything looks like a nail.

Use some mix of different assets like real estate insurance, annuities for income. There are good annuities and bad annuities. 

You want to have an advisor with a fiduciary mindset who is really trying to help you with a good business plan.


Seg 2

Baby boomers are getting older and they will be passing Billions of dollars if not Trillions $. Money that will be passing to children and heirs. Businesses that may be passed on. 

A 2022 study projects that wealth transferred through 2045 will total $84.4 trillion—$72.6 trillion in assets will be transferred to heirs, while $11.9 trillion will be donated to charities. Greater than $53 trillion will be transferred from households in the Baby Boomer generation, representing 63% of all transfers. Dec 30, 2022

Not legacy, but think dynasty. Teach your kids about money and wealth regardless if you own a business. Teach your kids your values and beliefs for success. Build frameworks for them to follow. 

If kids don’t know about success and money, then they lose the money they inherit in the next generation. 

Too often you hear 2nd generations not carrying on the family success. You want wealth to continue into the next generation. Not legacy, create a dynasty. Create frameworks for a thriving family now and for generations.

Generational Wealth: Why do 70% of Families Lose Their Wealth in the 2nd Generation? 

It is difficult to get to the top 1% 99% will not get there. If you will get to the top 5%. To do this you must build a culture with values and beliefs, to stay there.

Model and teach success. Involve kids in the process of building the business and investing. Teach them about volunteering and giving back to the community. Communicate what it is to be successful.

Myth, wealth is spelt overtime. Your peak earning yours or your 40s and 50s. To massively grow wealth he needs strategies like leverage and tax protection. Leverage accelerates wealth.

Common example of leverage is he put 25% down but have control of an asset 100% as it grows. Simple analogy as you invest one dollar and have four dollars working for you.

Taxes are guaranteed to drain wealth. If you can pay a 20% tax rate versus 40% you will have a lot more money working for you. If you earn more money, this will equal more taxes. W-2 income is punished by taxes.

The wealthy of strategies to reduce taxes by 50% or more. The goal is to build tax for you come. 3 to 1 tax free matching uses leverage and builds income. It’s the best strategy out there 

Private foundation is also another strategy where you can build wealth and reduce taxes. 

Stock market losses hurt you in two ways. You lose money and you lose time. It also can interrupt compounding when you lose money. 

Compounding is just a law of finance, it can go in both a good direction or the bad direction. Either way it either magnifies gains or losses. The goal to not lose money and have uninterrupted compounding. 

Acquire assets that harvest profits so you can take gains. While also minimizing losses and taxes.



Tiger 21 Club - Follow this super investor group for ideas, and how they diversify their investments. Allocation usually has 25% in real estate, 25% in stocks, 25% in private equity, 10% in cash, and the rest is Bonds or other investments.



2nd Half


Wealth For Life Sampler – Concepts





Beware Taxes! Defense is What You Need vs Offense in Your Investment Gameplan


Synergy of Offense / Defense – diversification of income streams, lessen market risk


Offense – stocks, crypto, real estate

Defense - IUL, Cash Flowing Business, Real estate, bonds, dividend stocks

Offense – tactical – hold 15-20 stocks – aka ‘best houses on the block’

Tactical Investment Strategy – goal of growth, shift with market sentiment, value to growth or growth to cyclical – active management.  15% beat market, 85% do not.

Secular trends – housing, building or energy

Index – safe but will not out perform market, just bought off shelf.

Index has Market Risk and Zombie Co. problem.

Cash = bad, gets eaten up by inflation = Inflation risk

Stock market – good at growth, but inefficient on income, hard to capture the gains

 “One Thing” Retirement Plan – 401K and stocks, hope it goes up and no volatility (market risk). 90% of people are on this plan.

Build Assets – or create assets, like a digital brand

Never go back to Vegas with scared money. Lose $, then chasing losses

Combine offensive and defensive strategies


Defense – wins championships, stable. Finances are stable, allows you to take risks IUL, CF business. During bad market, wait for stocks to rebound and pull money from IUL or business.

Visual – what is needed income or expenses – cover basics, then invest other money. Defense = 40%

More wealth created, less money in market – money from business or real estate, move money to index strategies. Use financial leverage to increase wealth.

Average worker – salary and money in market (401 K). All money is offensive strategy and subject to disruption and market risk.

Defense – Tax Protection and Tax Buckets 3 taxed, tax free, tax deferred



Full Show: HERE





Assets – Appreciating vs. Harvesting


Assets: Appreciating vs. Harvesting  

There are many different Assets you can invest in. Common asset classes are Stocks, Bonds, Gold & Real Estate. There are Alternative assets like Crypto, Art, Private Equity, etc.

The classic idea is you  buy an asset as an investment with the idea it will appreciate over time so it is worth more when you sell it.  Buy low, sell high.

It also may act as a hedge vs inflation. Instead of having your money sit in cash, and lose money to inflation, you purchase an asset that goes up in value more than inflation.

What is rarely discussed is the concept of Appreciating Assets vs. Harvesting Assets. What's the difference?

Appreciating Assets are the assets mentioned above, where the plan is to buy low, wait for the appreciation, then sell high. You do not capture the gains until you sell. You gain value on paper, but if you wait too long to sell, you could miss the appreciation. Likewise if they lose value but you do not sell, then only a paper loss. 

Stocks are a classic example. 'If I just sold last month, I would have made 25%, instead of 15%.' You have to time it right. Other examples are Gold, Art, most Crypto, certain types of Real Estate (Land for example with nothing build on it yet). 

These assets are only valuable when they appreciate, and if you sell at the right time. 

Harvesting Assets are assets that get interest, or give off profits, or cash flow.
You are able to capture some of the gains from the asset. 

Examples are: Rental Real Estate, Bonds, Dividend Stocks, REITs, Covered Call Options, Business - that is profitable, and gives off cash flow, Index Life Insurance

*** Asset value can go up or down in the holding period

In fact many of the above Harvesting examples can all be both Appreciating and Harvesting Assets:

Rental Real Estate, Bonds, Dividend Stocks, REITs, Cash Flowing Business, Index life Insurance, etc.


Full Show: HERE





Leverage - Get More with Less Effort – How to Scale Wealth

Leverage – more with less. Get More with Less Effort.

Ex: job with W2 income – no leverage, all based on single effort, cannot multiply.

Sole proprietor – limited leverage, one person can do so much.

Systems to multiply efforts – can be digital, team, finances


Financial leverage – mortgage. Buy house ($250K) for cash, or buy $1 million dollar house, put down same $250K at 25% , now control $1 million asset house. 

75% leverage or 3 to 1. What plan will earn you more money? $1 million house appreciates more.

Digital Product – create 1 time, sell 100 times


Average invest $1 and have $1 earning, wealthy invest $1, borrow $3 and have $4 earning interest

Use OPM and deploy in safe ways.

Safer return on larger investment will win every time

Average using own money and risky, chase rate of return. Wealthy take more money and put in safer return instead of chasing 12% ROI on $250K, get 6% ROI on $1 million using leverage.


Full Show: HERE





You Need to Control 3 Things in Investing – Taxes, Capital & Assets


Investing plan for Top 10% of income earners ($150K +) or top 5% ($250K +)

Need different strategies, not just 401K or stocks, not like other 90% of population

Wealthy diversify their assets / investments, stock market is just 25% of their investing

Control taxes – protect money from taxes

Control Capital - access to capital – use leverage properly at 4:1

Control Assets – acquire assets to create passive income streams

Wealthy does not put all their money in the stock market.

Every $1 lost to taxes = $8 in lost wealth

$1 at 7% (rule of 72), at 10 yrs = $2, at 20 yrs = $4, at 30yrs = $8

$50K lost = $400K (x8) lost over the long term

If you earn over $500K / year +, top 1% of income earners

The ultra wealthy know that you have to control taxes.

401K does not reduce taxes, it defers taxes, and at $25K /yr, this will not move the needle enough, need major changes to reduce taxes, and propel wealth  

Control Capital – protect principal, no losses, lock in gains

Use Leverage well at a 4:1 multiple, Control $4 with $1 

Just like you finance your house thru a mortgage, finance your retirement (mortgage leverage is typically 3:1, loan is 3x your yearly income) 

Deploy different strategies to grow wealth and make $ millions, really scale wealth from $1 to $5 mil, or $5 to $10 mil

Assets –pull money from passive income & use for more investing

Create investing cycle and repeat to grow wealth


Full Show: HERE




More Info on WFL and Tax Free Matching: HERE


Wealth For Life Topic:


Link to Taxes Show on 10/31/2021 w/ Denver: Here

Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here

Link to Shows, Denver was a Guest: Here


Investing Topic:

More - BRT Best of:



Thanks for Listening.

Please Subscribe to the BRT Podcast. 



Business Roundtable with Matt Battaglia

The show where EntrepreneursHigh Level Executives, Business Owners, and Investors come to share insight and ideas about the future of businessBRT 2.0 looks at the new trends in business, and how classic industries are evolving

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page:

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info:

KFNX Info:


Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.