| In this episode of the Cashflow Academy Podcast, host Andy Tanner talks with investment banker Ken Costa about the significant wealth and power shift from Baby Boomers to Generation Z. Costa, with his extensive background in global finance and author of the book 'How the Handover from Boomers to Generation Z Will Revolutionize Capitalism,' discusses the implications of this transfer for capitalism and society. He emphasizes the importance of understanding and leveraging this shift to foster a cooperative and productive future between generations. The discussion dissects the role of technology, social media, and the evolving values shaping investment and economic trends. Costa advocates for a 'co-destiny' approach, where mutual understanding and learning between generations can lead to more informed, ethical, and successful financial strategies. Tanner and Costa also touch on the challenges and opportunities that come with this generational transition, including addressing climate change, social inequalities, and the urgent need to adapt investment practices to align with the priorities of younger generations. More from Andy Tanner: https://www.yourinvestingclass.com 00:00 Introduction 00:21 Meet Ken Costa: A Global Perspective on Finance and Generational Wealth 01:23 The Power and Challenges of Generation Z 03:20 The 100 Trillion Wealth Transfer: A Deep Dive 11:34 Investment Insights and the Future of Capitalism 17:21 Bridging Generational Divides: A Vision for Co-Destiny 22:17 Investment Strategies in a Changing World 29:05 Final Thoughts and the Importance of Learning Across Generations 31:06 Resources ----- Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity. The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions. |
Robert Toru Kiyosaki (born April 8, 1947) is an American businessman and author. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos. The company's main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki's brand name for a fee. He is also the creator of the Cashflow board and software games to educate adults and children about business and financial concepts.
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