Wealth Busters
Wealth Busters
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"How to invest your first $1,000 in 2024!" - Eric Pan of Ericnomics
Hey everyone! Welcome back to another episode of Wealth Busters! Today, we hang out with Eric Pan, better known as Ericnomics, a personal finance whiz with over 200,000 followers on Instagram and TikTok. Eric’s got an impressive background in traditional finance, hedge funds, and crypto, and now he’s sharing his journey with us. We chat about everything from his days working at banks and hedge funds to making the leap to full-time content creation. Eric opens up about the intense and sometimes toxic work culture in finance, offers a peek into the hedge fund world, and explains some of his thoughts and strategies in Crypto.
Timestamps
00:00 - Introduction and Eric Pan's background
01:08 - Transition to full-time content creation
02:17 - Eric's journey in finance and crypto
03:27 - Experiences in traditional finance
04:17 - Explanation of AML and KYC
05:09 - Worst job experiences in the bank
06:06 - Toxic work culture in finance
07:17 - Explanation of buy side vs. sell side
07:57 - Working with billionaires in hedge funds
10:10 - Purpose and greed in hedge funds
10:37 - Qualifications for investing in hedge funds
12:13 - Hedge fund strategies and long/short explanation
14:13 - Use of Bloomberg Terminal in hedge funds
15:07 - Example of satellite imagery in hedge funds
17:32 - Pressure and stress in hedge funds
20:10 - AI in finance and hedge funds
21:13 - Transition from hedge funds to crypto
24:08 - Qualified custodians in crypto
25:27 - Importance of qualified custodians
26:32 - Edge in crypto investing
27:01 - Crypto VC investments and risk tolerance
29:17 - Eric's personal crypto allocation
32:39 - Crypto market volatility
33:19 - Passion for educating and content creation
34:41 - Goals and measuring success
37:15 - Building a business in content creation
38:18 - Fire round: Investing advice for beginners
39:52 - Investing in 2024
41:08 - Travel plans and points usage
42:32 - Japan travel highlights
44:04 - Culture and safety in Japan
45:53 - Stocks and crypto investments for July
47:10 - Final words and closing remarks
Find out how you can learn my SET-AND-DONE Hedge Fund Stock Options Strategies to earn a consistent double-digit yearly return by spending only 30 minutes per week ► www.codyyehvip.com/start
Visit our website at www.wealthbusters.ca and connect with us through the social media accounts below!
📲Visit our website and Connect with us on Different Funnels:
1. Instagram: @wealthbusters
2. TikTok: @wealthbusters
3. Cody's Instagram: @cody__yeh
🌟Go to Cody's Channel for more Financial Insights!
- Cody Yeh Investing @CodyYeh
Join Cody’s private FB group Stock Investing for Beginners (Canada/US) ► groups/StockInvestingCanadaUs/
Sign up for the complete version of Cody’s member-exclusive Mastermind Weekly Research Newsletter ► www.codyyeh.com/newsletter
For business or consulting inquiries, you can reach Cody at codyyehchannel@gmail.com
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Our content is to be used for informational purposes only. Do your own analysis before making any investment based on your own personal circumstances.
zhlédnutí: 62

Video

"Every Canadian wants to go to the States!" - Erwin Szeto
zhlédnutí 358Před měsícem
Hey everyone! Welcome back to another episode of Wealth Busters! Today, we've got Erwin Szeto, a top real estate investor and podcast host, joining us to chat about the ins and outs of the real estate game. We dive into everything from the challenges of being a landlord in Canada to the exciting opportunities waiting in the US market. If you're looking to get the scoop on smart investing, this ...
"I was Homeless and Now I am a Real Estate Millionaire" - Ray Glymph
zhlédnutí 34Před měsícem
Join us in this inspiring episode as Ray Glymph shares his incredible journey from facing homelessness to owning 140 doors in real estate. We dive deep into Ray' strategies, setbacks, and successes along his path to becoming a real estate mogul. Timestamps 00:00 Introduction and initial question about becoming homeless. 01:14 Continuation of the discussion on the backstory of becoming homeless,...
"I Made $10,000,000 with Airbnb" - Humza Zafar
zhlédnutí 111Před 2 měsíci
Humza Zafar is the latest guest on the Wealth Busters Podcast Humza has a an incredible story from being unemployed to running an 8 figure Airbnb Arbitrage business in a couple of years I today's episdoe Hamza explains the strategies and mindsets he used to get where he is today as well as advice for investors in the Canadian Real Estate market Timestamps 0:00 - Introduction and Revenue Insight...
"Formal Education will Earn you a Living, Self Education will Earn you a FORTUNE!" - Jeff Wallis
zhlédnutí 41Před 2 měsíci
Jeff Wallis is the latest guest on the Wealth Busters Podcast Jeff is a 20 year Sales Expert and we touched on a variety of things such as - How to Dominate in Sales - How Jeff has been using Stock Options to speed up his retirement goals - Investing in new assets for the first time in your 40’s Timestamps Introduction of Jeff Wallace - 00:52 Discussion on Career Transition and Sales Experience...
"If you are thinking of Immigrating to Canada for Money.... DON'T" - Simran Sachdeva
zhlédnutí 276Před 2 měsíci
"If you are thinking of Immigrating to Canada for Money.... DON'T" - Simran Sachdeva
“I Paid over 500k for Grant Cardone to Speak at my Conference” - Seth Ferguson
zhlédnutí 978Před 2 měsíci
“I Paid over 500k for Grant Cardone to Speak at my Conference” - Seth Ferguson
🤩Zero to Hero?! : ZAC HARTLEY's Epic Rise from Basement to 3D Printing Mogul 🏆
zhlédnutí 45Před 4 měsíci
🤩Zero to Hero?! : ZAC HARTLEY's Epic Rise from Basement to 3D Printing Mogul 🏆
💑Love WINS All?! : VEENA JETTI's Untold Secrets to Building a Billion-Dollar Business Empire💰
zhlédnutí 99Před 5 měsíci
💑Love WINS All?! : VEENA JETTI's Untold Secrets to Building a Billion-Dollar Business Empire💰
🧐 Beyond the SLOW Lane to Wealth? : FINANCIAL NIRVANA MAMA's Maverick Moves to Financial Mastery 💰
zhlédnutí 271Před 5 měsíci
🧐 Beyond the SLOW Lane to Wealth? : FINANCIAL NIRVANA MAMA's Maverick Moves to Financial Mastery 💰
💫🤯Canadian DREAM Doesn't Exist?! : The REALITY Check for Your Journey in Canada with NAVJOT BINDRA
zhlédnutí 983Před 5 měsíci
💫🤯Canadian DREAM Doesn't Exist?! : The REALITY Check for Your Journey in Canada with NAVJOT BINDRA
💳Swipe, Tap or Insert for Wealth: 19-yr-old Joyee' Secrets from Financial Insight to Social Stardom🌟
zhlédnutí 427Před 5 měsíci
💳Swipe, Tap or Insert for Wealth: 19-yr-old Joyee' Secrets from Financial Insight to Social Stardom🌟
💵Break the BROKE Cycle: BILAAL DHALECH's Investing Key as the Gateway Out of the Poverty Loop 🔁
zhlédnutí 1KPřed 6 měsíci
💵Break the BROKE Cycle: BILAAL DHALECH's Investing Key as the Gateway Out of the Poverty Loop 🔁
😱First-Home Feat at Age 23: AUSTIN YEH's Top Secrets of Becoming Wealth Titan in Real Estate Market💰
zhlédnutí 195Před 6 měsíci
😱First-Home Feat at Age 23: AUSTIN YEH's Top Secrets of Becoming Wealth Titan in Real Estate Market💰
🪙Crypto Chronicles: MATT MCKEEVER's Journey from Real Estate Riches to Cryptocurrency Success
zhlédnutí 493Před 6 měsíci
🪙Crypto Chronicles: MATT MCKEEVER's Journey from Real Estate Riches to Cryptocurrency Success
🏡Building Wealth Brick by Brick: SEIF EL-SAHLY's Success with Construction and Renovation💰
zhlédnutí 89Před 6 měsíci
🏡Building Wealth Brick by Brick: SEIF EL-SAHLY's Success with Construction and Renovation💰
💰From 0 to 1M Subscribers (and the money?!) CANTOMANDO’s Odyssey on YouTube Gold Rush
zhlédnutí 116Před 7 měsíci
💰From 0 to 1M Subscribers (and the money?!) CANTOMANDO’s Odyssey on CZcams Gold Rush
💼 Sibling Synergy: STEVEN YEH's Blueprint for Building Wealth Working with Family | Wealth Busters
zhlédnutí 258Před 7 měsíci
💼 Sibling Synergy: STEVEN YEH's Blueprint for Building Wealth Working with Family | Wealth Busters
💰 Unveiling the Airbnb Goldmine | DONALTA HALL's Secrets on Investing in Airbnb! | Wealth Busters
zhlédnutí 98Před 7 měsíci
💰 Unveiling the Airbnb Goldmine | DONALTA HALL's Secrets on Investing in Airbnb! | Wealth Busters
💸From $0 to $2 Million in a Year | QUENTIN D'SOUZA about Investing in Real Estate | Wealth Busters
zhlédnutí 76Před 8 měsíci
💸From $0 to $2 Million in a Year | QUENTIN D'SOUZA about Investing in Real Estate | Wealth Busters
Fear of Business Failure with Shawn Allen
zhlédnutí 41Před 8 měsíci
Fear of Business Failure with Shawn Allen
Pro Golfer's Swing to 7-Figure Business with Sandy Mackay
zhlédnutí 71Před 8 měsíci
Pro Golfer's Swing to 7-Figure Business with Sandy Mackay
Rapper to Real Estate with Morgan Little
zhlédnutí 52Před 9 měsíci
Rapper to Real Estate with Morgan Little
A 7-Figure Wholesalers Take on R.E.I with Michael Lee
zhlédnutí 36Před 9 měsíci
A 7-Figure Wholesalers Take on R.E.I with Michael Lee
Real Estate 101 with Andrew Hines
zhlédnutí 92Před 9 měsíci
Real Estate 101 with Andrew Hines
Mastering Real Estate in a High-Interest Market with Ping Hsu
zhlédnutí 64Před 9 měsíci
Mastering Real Estate in a High-Interest Market with Ping Hsu
Unlock Your Homeownership Dreams with Martin Wichlacz
zhlédnutí 45Před 10 měsíci
Unlock Your Homeownership Dreams with Martin Wichlacz
The Ultimate Guide to Wealth with Jarrett Robertson
zhlédnutí 131Před 10 měsíci
The Ultimate Guide to Wealth with Jarrett Robertson
Insider Secrets Revealed - How to Make a Fortune in Today's Market with Josh Findlay
zhlédnutí 47Před 11 měsíci
Insider Secrets Revealed - How to Make a Fortune in Today's Market with Josh Findlay
$10 MILLION IN DEBT!? with Michael Lee
zhlédnutí 145Před 11 měsíci
$10 MILLION IN DEBT!? with Michael Lee

Komentáře

  • @musicbygoldenj
    @musicbygoldenj Před měsícem

    Canada is on the brink 💥

  • @alchemyyusuf4046
    @alchemyyusuf4046 Před měsícem

    You've got yourself a new subscriber. I'm a lazy investor with a Toronto property and planning to move to Texas. It's good to learn about investment opportunities in these locations.

  • @scotttang6229
    @scotttang6229 Před měsícem

    Canadians investing in TX? WTH is going lol. I love Canada. Tx is so freaking boring! I can see why TX is great for real estate investments.

  • @dakotadoyle4505
    @dakotadoyle4505 Před měsícem

    ??????

  • @dakotadoyle4505
    @dakotadoyle4505 Před měsícem

    😢😢

  • @Emmett647
    @Emmett647 Před měsícem

    🥱

  • @OkOk-nq7mv
    @OkOk-nq7mv Před měsícem

    Or, hear me out, poor poeple dont have the money that rich people have.

  • @ColtsGofT
    @ColtsGofT Před 2 měsíci

    Same thing in America. That’s my opinion.

  • @elassalbrenda7064
    @elassalbrenda7064 Před 2 měsíci

    Tell me where the price of food is not higher unbelievable...tell me why you come to Canada just to receive government funds..I ve traveled extensively..all countries are not same as before Covid..but,you must work.this is incredible..why emigrate and expect not to earn your way!!!!!!

  • @aaronaaron3003
    @aaronaaron3003 Před 2 měsíci

    Same deal with Australia we are basically an indian & Chinese settlement these days, its that bad that it's like a big game of spot the Aussie.

  • @Good_at_clips
    @Good_at_clips Před 2 měsíci

    Sending hate from Canada 🇨🇦 stay home. We have enough people here. We can’t even school all the children.

  • @jan-willembavinck3650
    @jan-willembavinck3650 Před 2 měsíci

    I thought we had it bad here in New Zealand but it seems to her worse around us

  • @JaguarKing1
    @JaguarKing1 Před 2 měsíci

    Please go to america or europe

  • @ggwp7263
    @ggwp7263 Před 2 měsíci

    Don’t come

  • @fringeminority3224
    @fringeminority3224 Před 2 měsíci

    Canada is a shit hole. It's basically become India 2.0

  • @pecerusty8308
    @pecerusty8308 Před 2 měsíci

    Thanks for the Canadian🇨🇦 people's who voted Justin Trudeau😂😂😂

  • @pecerusty8308
    @pecerusty8308 Před 2 měsíci

    The finest of Canadian police chief order people to let their own house open and leave their hard earned car🚘 🔑key to where the car thieves can find it easily😂😂😂 This is all under the leadership of Justin Trudeau 🤮who can't took care of her own wife😂😂🤮🤮.. What a 🐱🐱🐱8

  • @goatedchild6345
    @goatedchild6345 Před 2 měsíci

    The canadian economy is run by monopolies and the housing economy is a money laundering dump meanwhile the biggest economy in history is minutes away in some area.

  • @markchatman9583
    @markchatman9583 Před 2 měsíci

    Before Trudeau not before Covid.

  • @hollystiener16
    @hollystiener16 Před 2 měsíci

    Grant Cardone is a known major scammer and lies about his true net worth. He also is involved in cult. I would not brag about have him at your event.

  • @azfarakbar5259
    @azfarakbar5259 Před 2 měsíci

    Ah yes grant cardone.

  • @gavinvideos8062
    @gavinvideos8062 Před 2 měsíci

    😂😂😂😂😂😂😂

  • @stephzinsmeister662
    @stephzinsmeister662 Před 3 měsíci

    You’re just a true old fashioned rugged Canadian;-) love it

  • @fordtough9553
    @fordtough9553 Před 3 měsíci

    Great interview! Have been following Matt for sometime now.

  • @timfelsky
    @timfelsky Před 4 měsíci

    The predictions held true. Was this on a 4 month delay? Let's get him back next week. :)

  • @AbdulElTawil
    @AbdulElTawil Před 4 měsíci

    That dragons den info was interesting. I remember watching a BTS episode many years ago and there was a crazy statistic only ~10% of deals made on tv actually go through, majority fall apart in the due diligence phase like Zac said

  • @ZacHartley
    @ZacHartley Před 4 měsíci

    Thanks for having me on podcast!

  • @WealthBustersPodcast
    @WealthBustersPodcast Před 4 měsíci

    🔥Visit our website at www.wealthbusters.ca 📲Follow us on Social Media: - Wealthbuster's Instagram: instagram.com/wealthbusters?igsh=ZDNlZDc0MzIxNw== - Wealthbuster's TikTok: www.tiktok.com/@wealthbusters?is_from_webapp=1&sender_device=pc - Cody's Instagram: instagram.com/cody__yeh?igsh=ZDNlZDc0MzIxNw== - Nada's Instagram: instagram.com/ab_nada/? Find out how you can learn my SET-AND-DONE Hedge Fund Stock Options Strategies to earn a consistent double-digit yearly return by spending only 30 minutes per week ► www.codyyehvip.com/start Join Cody’s private FB group Stock Investing for Beginners (Canada/US) ► / stockinvestingcanadaus Sign up for the complete version of Cody’s member-exclusive Mastermind Weekly Research Newsletter ► www.codyyeh.com/newsletter For business or consulting inquiries, you can reach out at codyyehchannel@gmail.com

  • @devyan-ne2sv
    @devyan-ne2sv Před 5 měsíci

    would like to work with you Cody. Lets connect

  • @WealthBustersPodcast
    @WealthBustersPodcast Před 5 měsíci

    🔥Visit our website at www.wealthbusters.ca 📲Follow us on Social Media: - Wealthbuster's Instagram: instagram.com/wealthbusters?igsh=ZDNlZDc0MzIxNw== - Wealthbuster's TikTok: www.tiktok.com/@wealthbusters?is_from_webapp=1&sender_device=pc - Cody's Instagram: instagram.com/cody__yeh?igsh=ZDNlZDc0MzIxNw== - Nada's Instagram: instagram.com/ab_nada/? Find out how you can learn my SET-AND-DONE Hedge Fund Stock Options Strategies to earn a consistent double-digit yearly return by spending only 30 minutes per week ► www.codyyehvip.com/start Join Cody’s private FB group Stock Investing for Beginners (Canada/US) ► / stockinvestingcanadaus Sign up for the complete version of Cody’s member-exclusive Mastermind Weekly Research Newsletter ► www.codyyeh.com/newsletter For business or consulting inquiries, you can reach out at codyyehchannel@gmail.com

  • @ZoraEpsilon571
    @ZoraEpsilon571 Před 5 měsíci

    Yeah this is an extremely risky venture and for it to work out you need money to begin with commitment to something that is very likely doomed to fail and spend all of too much time and effort trying to barely scrap your way up to have it ever be worth it in the long run

  • @Flemmi
    @Flemmi Před 5 měsíci

    If you could somehow be more efficient than a factory using a single 3d printer, we wouldn't have factories making toys, just warehouses full of 3d printers. This is simply a scam. Impossible results sold as real.

  • @yeetrreet2453
    @yeetrreet2453 Před 5 měsíci

    Now start 3d printing 3d printers

  • @FinancialNirvanaMama
    @FinancialNirvanaMama Před 5 měsíci

    Thanks for having me on the show, it was a lot of fun!

  • @Hghjjg808
    @Hghjjg808 Před 5 měsíci

    Enjoyed the interview and big fan of Tracy with her stories and steps to financial independence. I hope to reach stage 5-6 someday

  • @WealthBustersPodcast
    @WealthBustersPodcast Před 5 měsíci

    🔥Visit our website at www.wealthbusters.ca 📲Follow us on Social Media: - Wealthbuster's Instagram: instagram.com/wealthbusters?igsh=ZDNlZDc0MzIxNw== - Wealthbuster's TikTok: www.tiktok.com/@wealthbusters?is_from_webapp=1&sender_device=pc - Cody's Instagram: instagram.com/cody__yeh?igsh=ZDNlZDc0MzIxNw== - Nada's Instagram: instagram.com/ab_nada/? Find out how you can learn my SET-AND-DONE Hedge Fund Stock Options Strategies to earn a consistent double-digit yearly return by spending only 30 minutes per week ► www.codyyehvip.com/start Join Cody’s private FB group Stock Investing for Beginners (Canada/US) ► / stockinvestingcanadaus Sign up for the complete version of Cody’s member-exclusive Mastermind Weekly Research Newsletter ► www.codyyeh.com/newsletter For business or consulting inquiries, you can reach out at codyyehchannel@gmail.com

  • @kevinhandy2490
    @kevinhandy2490 Před 5 měsíci

    Asking a 25y/o old for financial advice.. lol Awful, awful advice.

  • @Dupstan
    @Dupstan Před 5 měsíci

    You put your money in stocks all Willy nilly you're going to lose it all. Better off index funds or even a high yields savings account. Down payment on real estate is a better idea

  • @armyBoi17
    @armyBoi17 Před 5 měsíci

    Gold and silver, let’s be real. We’re witnessing real time devaluation of fiat currency in at least 2 countries - Canada and US, but surely more. Investing or shuttling money into funds or vehicles where it removes the physical custody of the asset from your hands no longer remains your asset. If you don’t hold it, you don’t own it.

  • @believeinthedream
    @believeinthedream Před 5 měsíci

    More like index funds

  • @TheXenogias
    @TheXenogias Před 5 měsíci

    Stocks are ETFs. Also don’t tell newbies to pick stocks that is terrible advice.

  • @oliverbrierley7317
    @oliverbrierley7317 Před 5 měsíci

    Please speak to a financial adviser, not watch random podcasts on CZcams

    • @AbdulElTawil
      @AbdulElTawil Před 5 měsíci

      Most financial advisors would agree a 3-6 month emergency fund is a necessity

    • @oliverbrierley7317
      @oliverbrierley7317 Před 5 měsíci

      @@AbdulElTawil yes. Among a lot of more specific advice.

  • @versaty65
    @versaty65 Před 5 měsíci

    Great one, 1 suggestion, Please dont say "yeah, yes, hmm" constantly when guest is talking , it makes it hard to listen what person is trying to say

  • @yxxngrn06
    @yxxngrn06 Před 5 měsíci

    all I hear is whoo

  • @AbdulElTawil
    @AbdulElTawil Před 5 měsíci

    Very well said 👏

  • @christianceeancheta
    @christianceeancheta Před 5 měsíci

    great Interview! Thank you WB!

  • @WealthBustersPodcast
    @WealthBustersPodcast Před 5 měsíci

    🔥Visit our website at www.wealthbusters.ca 📲Follow us on Social Media: - Wealthbuster's Instagram: instagram.com/wealthbusters?igsh=ZDNlZDc0MzIxNw== - Wealthbuster's TikTok: www.tiktok.com/@wealthbusters?is_from_webapp=1&sender_device=pc - Cody's Instagram: instagram.com/cody__yeh?igsh=ZDNlZDc0MzIxNw== - Nada's Instagram: instagram.com/ab_nada/? Find out how you can learn my SET-AND-DONE Hedge Fund Stock Options Strategies to earn a consistent double-digit yearly return by spending only 30 minutes per week ► www.codyyehvip.com/start Join Cody’s private FB group Stock Investing for Beginners (Canada/US) ► / stockinvestingcanadaus Sign up for the complete version of Cody’s member-exclusive Mastermind Weekly Research Newsletter ► www.codyyeh.com/newsletter For business or consulting inquiries, you can reach out at codyyehchannel@gmail.com

  • @federicorivero103
    @federicorivero103 Před 5 měsíci

    el tema es que si el agregado monetario m2 y la deflacion monetaria del balance de pagos insta en la carga fiscal del comite de estabilidad financiera del consumo intermedio el credito interno neto afecta a la demanda agregada de la deuda publica neta, que no es lo mismo que la deuda publica bruta, los dividendos del encaje generan existencias y expectativas no nomiales a los futuros por ende el indice de precios al productor cae el indice de volumen fisico explota y la inversion de cartera, bueno, ni hablemos de la inversion de cartera, porque la letra de tesoreria afectaria a la planilla de liquidez internacional en maneras que el objetivo intermedio no podria equiparar, entonces tenes el precio del productor y los precios constantes en una puja por la rentabilidad de inversion que el repo revertido no puede compensar de manera satisfactoria con el riesgo sistematico. los swaps y la tasa libor se te van a la verga cuando el tipo de cambio nominal no corresponde. ENTENDES PELOTUDITO?

  • @AbdulElTawil
    @AbdulElTawil Před 5 měsíci

    The middle path is nice - you still focus on building wealth but also get to enjoy life in the meantime

  • @AbdulElTawil
    @AbdulElTawil Před 5 měsíci

    13:05 what a perfect summary of crypto scams affecting young vs older generations 👏