FM 026: Understanding What Todd Means by “Breakthrough Change”


Click here to download the transcript of Todd’s top tips for breakthrough change!


Two years ago I announced to my Prospect Wealth Planning course community that we were about to embark on a groundbreaking change.

Between the Fed’s accommodating monetary policy, near-zero interest rates, Covid stimulus, and supply chain issues, it was clear that the game had changed.

And now here we are; With a 20% drop in the stock market, a historic decline in the bond market, the highest inflation in 40 years, and a slowing economy. The bad news is that there is still more to come.

But more importantly, the groundbreaking change means investment rules will change over the next 10-15 years. What worked in the last era (40+ years) cannot be relied upon for the next era.

I’ve been writing about this topic for two years in my private course community to prepare my students, and I’ve been publishing resources every month in my public newsletter for over a year to prepare my free subscribers as well.

My goal was to provide the necessary information so that everyone who follows my work can protect and prepare their portfolio in advance. Forewarned, forearmed.

While my private course community responded to the training, protected themselves, and even prospered, I was surprised that only a small percentage of my free public subscribers took action.

On an academic level, people were not responding even though I presented third-party research proving every supporting point. It was as if they were asleep at the wheel and did not believe that regime change was fundamental in nature and would last.

I decided to meet with my course community at our weekly office hours meeting.

The discussion that followed was so valuable that I wanted to share it with the public. Fortunately, my special community students agreed.

This podcast episode is a nearly unedited recording of one of my weekly office hour support calls with my private Prospect Wealth Planning community discussing groundbreaking change.

I hope this look behind the paywall helps you take appropriate action to secure your financial future.

And if you got great value from this episode, be sure to check it out. Prospect Wealth Planning course here.

In this section you will discover:

  • What is groundbreaking change?
  • Signs I saw of groundbreaking change two years ago
  • Why do I talk about breakthrough change with my Prospect Wealth Planning course students?
  • How did inflation become inevitable after the Fed’s stimulus in the face of supply chain disruption?
  • The pivotal role the Fed played in creating groundbreaking change
  • what can you do to wait to see what the markets will do over the next 10-15 years
  • How invest This era will be different from the last 40 years
  • How did my course students do? save paper asset portfolios from the current bear market
  • The best tool to manage your paper assets in the next period and beyond
  • From where investment strategy What worked reliably in the past will not work in the future
  • How to avoid the sneaky trap of “buying the dip”?
  • Signs of groundbreaking change
  • The best way to protect against volatile markets
  • The dangers of recency bias
  • Why don’t most people understand breakthrough change?
  • How does risk management apply to investing?
  • Why doesn’t groundbreaking change happen only in markets?
  • Why is it important to belong to yourself? financial expert
  • The destructiveness of inflation
  • Watching for “bodies” to surface
  • What to expect next steps in groundbreaking change?
  • Geometric growth of government debt caused by rising interest rates
  • The final stage of groundbreaking change and why most people won’t be prepared
  • How can you prepare your wealth plan for breakthrough change?
  • and much more….

Resources and Links Mentioned in This Session:

Financial Mentor podcast - How Chris Mamula achieved financial independence in 5 years

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