Breakaway Wealth Podcast

In this episode, Jim talks with Louis O’Connor, founder of Strategic Metals Invest, about a little-known asset class that’s playing an outsized role in energy, defense, and global manufacturing: rare earth and strategic metals. Louis breaks down how investors can position themselves ahead of the demand curve—and why most people have never heard of these assets. 3 Key Takeaways: * Critical inputs, limited access. Strategic metals power everything from semiconductors to EVs and missile systems. But most investors are locked out. * Direct ownership is now possible. Private investors can hold metals like gallium and hafnium in secure vaults—and sell directly to manufacturers. * Geopolitics drives opportunity. China’s control over the supply chain creates volatility, trade tension, and leverage for early movers. Most portfolios react to the market. This is a chance to get ahead of it. Connect with Louis O’Connor: YouTube: www.youtube.com/@strategicmetalsinvest [https://www.youtube.com/@strategicmetalsinvest] Facebook: www.facebook.com/StrategicMetalsInvest [https://www.facebook.com/StrategicMetalsInvest] Linkedin: www.linkedin.com/in/louis-o-connor-a583341b8/ [https://www.linkedin.com/in/louis-o-connor-a583341b8/]

In this engaging conversation, Jim and Loral Langemeier explore the myths surrounding money, the importance of financial education, and the connection between health and wealth. Loral shares her insights on living a corporate life, alternative investments, and the significance of teamwork in achieving success. The discussion also highlights the Millionaire Maker Game as a tool for financial education and the necessity of being proactive in financial planning.  Key Takeaways: * Corporate structure is essential: Loral breaks down how running your life through entities—rather than as an individual—creates tax efficiency, asset protection, and long-term planning advantages. * Everything you were taught about money is fragmented: Financial education in schools, from CPAs, and through media often ignores how real wealth is built. Loral outlines how integrating tax, estate, and insurance strategy is the missing link. * Family legacy requires intention: Teaching financial values at home, not in school, is critical. Loral discusses how games, daily conversations, and structured learning can prepare the next generation to preserve—not squander—wealth. If you're still living as a sole proprietor, waiting for permission, or putting your future in the hands of traditional advisors, this conversation will challenge you to rethink everything. Connect with Loral Langemeier: Website: https://integratedwealthsystems.com/ [https://integratedwealthsystems.com/] Website2: https://askloral.com/ [https://askloral.com/] YouTube: www.youtube.com/channel/UCh0WrzMl0KfuNvQq04Ncs7Q [https://www.youtube.com/channel/UCh0WrzMl0KfuNvQq04Ncs7Q] Linkedin: www.linkedin.com/in/lorallangemeier/ [https://www.linkedin.com/in/lorallangemeier/] Instagram: www.instagram.com/askloral/ [https://www.instagram.com/askloral/] Facebook: www.facebook.com/IntegratedWealthSystems/ [https://www.facebook.com/IntegratedWealthSystems/] TikTok: www.tiktok.com/@lorallangemeier?lang=en [https://www.tiktok.com/@lorallangemeier?lang=en]

In this conversation, Jim and Glenn Yaney discuss the journey to financial independence through real estate and the Infinite Banking Concept. Glenn shares how he moved beyond conventional financial advice, took control of his capital, and built sustainable wealth with cash-flowing assets. His story is a direct challenge to the status quo—and a blueprint for ownership. 3 Key Takeaways: * Traditional advice doesn’t build freedom: Years of 401(k) contributions left Glenn with illiquid assets. It was business and real estate ownership that created true independence. * The cost of inaction is control: Glenn used tax strategies to move capital out of retirement accounts and into mobile home parks and apartments—multiplying income and gaining access. * Proximity is leverage: By surrounding himself with people who were already financially free, Glenn accelerated his learning and took confident action toward breaking away from his W-2. Glenn Yaney didn’t wait—he took control, broke from the herd, and built real freedom through ownership and cash flow. If you're still following the conventional path, ask yourself: is it really working? It’s time to think different. It’s time to own your future. Connect with Glenn Yaney: Podcast: https://podcasts.apple.com/us/podcast/the-millionaire-journey-podcast/id1728886342 [https://podcasts.apple.com/us/podcast/the-millionaire-journey-podcast/id1728886342] Website: www.verticalequityproperties.com/ [http://www.verticalequityproperties.com/]

In this episode, Jim Oliver and cohost Nick Kosko explore how the principle of Economic Value Added (EVA), widely used by corporations, can be applied to personal finance. They challenge conventional financial advice, specifically addressing the hidden cost of capital and its implications for wealth-building strategies like Infinite Banking. Key Takeaways: * Understanding EVA: EVA is calculated using three components—Net Operating Profit After Tax (NOPAT), cost of capital, and capital employed—and helps determine whether an enterprise is generating true value. * Your Family is a Business: Just like a corporation, your household economy should account for the cost of capital to ensure efficient use of resources and long-term wealth accumulation. * Lost Opportunity Cost: Paying with cash may seem simple, but it often ignores the potential returns that capital could have generated if deployed differently, leading to underestimated financial losses. Jim and Nick make the case that applying corporate finance principles like EVA to your personal finances isn’t just possible—it’s essential. By recognizing your family as an economic entity and accounting for the true cost of capital, you can make more informed decisions that align with long-term wealth creation.  The key isn’t just about how much money you make, but how efficiently you deploy and grow that capital over time.

In Part 2 of our series on tax strategies for real estate investors, Yonah Weiss breaks down cost segregation—a powerful but underutilized tool that can significantly reduce taxable income by accelerating depreciation. Yonah explains how cost segregation works, the benefits for real estate professionals, audit considerations, and common mistakes to avoid. 3 Key Takeaways: * Front-Load Your Tax Savings: Cost segregation lets you write off big depreciation early—boosting cash flow and slashing taxes when it matters most. * Use Pros or Pay the Price: DIY cost seg = audit risk. The wealthy hire experts who follow IRS rules and unlock every legal advantage. *  Wealth Is Strategy, Not Luck: High-level investors study the tax code and use it. They don’t guess—they play offense and reinvest savings to scale fast. If you want to learn more or need guidance on how to implement these strategies, don’t hesitate to reach out to experts like Yonah Weiss or connect with real estate-savvy CPAs.  Until next time, keep educating yourself, stay strategic, and keep breaking away from the ordinary. Connect with Yonah Weiss: Website: www.madisonspecs.com/ [https://www.madisonspecs.com/] Instagram: www.instagram.com/yonahweiss/ [https://www.instagram.com/yonahweiss/] Linkedin: www.linkedin.com/in/cost-segregation-yonah-weiss/ [https://www.linkedin.com/in/cost-segregation-yonah-weiss/] Twitter: https://twitter.com/YonahWeiss [https://twitter.com/YonahWeiss]