The Cash Flow Academy Show

Most investors believe their biggest risk is market performance. If they diversify correctly and stay invested long enough, everything should work out. That belief is comforting. And incomplete. Markets don't fail portfolios nearly as often as behavior does. Investors exit at the wrong time. Advisors rebalance too late. Risk is misunderstood until it shows up all at once. By then, decisions are driven by emotion, not design. In this episode, Andy Tanner sits down with Phillip Toews, author of The Behavioral Portfolio, to challenge the idea that better forecasting or higher returns solve investor problems. They don't. Portfolio structure does. Phillip explains why traditional models like the 60/40 portfolio were never designed for real human behavior — especially during extended downturns, rising-rate environments, or retirement distribution phases. He outlines why most investors are unprepared for how deep losses can actually go, and how that lack of preparation leads to perfectly timed mistakes. This conversation isn't about predicting crashes or chasing performance. It's about understanding history, accepting uncertainty, and building portfolios that account for both economic reality and psychological limits. If you've ever wondered why disciplined plans fall apart at the worst possible moments, this episode reframes the problem — and offers a clearer way to think about risk, preparation, and long-term decision-making. Want to Learn More? – Explore free education and tools at cashflowbonus.com to strengthen your investing foundation – Keep building your financial education at yourinvestingclass.com.

Most investors still treat gold like a lottery ticket and cash like a safety blanket. They watch gold make new highs and assume it's finally "working." They sit on piles of cash and feel conservative and responsible. Both instincts are dangerously backwards. In this episode, Andy Tanner, Corey Halliday, and Noah Davidson reframe gold's real job in your life. Gold is not a growth engine. It's insurance. Its rising price is less a reason to celebrate and more a signal about what's happening to your currency, your grocery bill, and your future purchasing power. You'll hear why "cash is a loser" in an inflationary system that must keep printing, why gold bugs get one thing right and one thing very wrong, and why owning productive assets often beats hoarding metal — even when gold is surging. They also break down the practical side: physical gold vs ETFs, miners vs metal, and how options on gold-related assets can create cash flow while you quietly accumulate your hedge instead of chasing headlines. This is not about gold predictions. It's about understanding what gold, cash, and real assets are each designed to do — so you can position yourself like an owner, not a spectator.

You've been told elections, central banks, and headlines are what move markets. But what if most of your financial future was locked in the day people were born… or never born at all? In this episode of the Cash Flow Academy, Andy Tanner sits down with demographer Kenneth Gronbach, author of Upside: Profiting from the Profound Demographic Shifts Ahead, to show why economics is really a subset of demographics — not the other way around. They unpack how a "missing" Generation X quietly crushed entire industries like motorcycles and jeans, why China and Japan are aging into economic dead ends, and why immigration is actually propping up labor, consumption, and tax bases in the Americas. You'll hear how massive Baby Boomer wealth, delayed Millennial family formation, and Latino population growth are converging into powerful tailwinds for specific sectors like housing, healthcare, autos, and local services. More importantly, you'll learn how to think: where demand is mathematically guaranteed to rise, where it's destined to fall, and why "policy plus demographics gives you the future." This conversation won't tell you what stock to buy next. It will give you a clearer map of who will be working, earning, spending, and needing care over the next several decades — so you can position your portfolio with intention instead of reacting to the latest headline.

Andy, Noah, and Corey break down how AI is reshaping the job market and why ownership matters more than ever. Using Salesforce's September 2025 announcement as a case study, they examine what it means when a company cuts 4,000 jobs while authorizing $20B in share buybacks. The team connects AI-driven productivity, shrinking share float, and investor opportunity — then shares practical ways to position now using cash-flow strategies and long-term tools like LEAPS. What You'll Learn in This Episode - What Salesforce's layoffs and buybacks signal about ownership - How AI can cut jobs while boosting profits - Why buybacks and shrinking float matter to investors - Why owning production matters in an AI economy - How to position now using cash flow and LEAPS Want to Learn More? – Explore free education and tools at cashflowbonus.com to strengthen your investing foundation – Keep building your financial education at yourinvestingclass.com

Andy is joined by Dr. John Cochrane, Senior Fellow at the Hoover Institution at Stanford University, for a deep dive into fiscal theory, inflation, and the forces shaping today's global economy. Dr. Cochrane explains the fiscal theory of the price level and why inflation is ultimately driven by government debt and confidence in government bonds. Using the Eurozone as a case study, he explores the challenges of maintaining a monetary union without a corresponding fiscal or political union. The conversation also turns to artificial intelligence, examining how AI may disrupt employment in the short term while increasing productivity, wealth, and long-term economic growth. What You'll Learn in This Episode: - What the fiscal theory of the price level really says about inflation - Why government debt and credibility matter more than money printing alone - The Fed's role in balancing monetary and fiscal policy - Why the Euro highlights risks of monetary union without fiscal unity - How AI could reshape jobs, productivity, and economic growth Action Items - Explore Dr. John Cochrane's (available on Amazon) - Visit johnhcochrane.com for essays and free materials on fiscal theory Want to Learn More? Visit cashflowbonus.com to access free investing resources, including the ebook and action items discussed in this episode.

The team breaks down the often-overlooked skill of picking fewer, better investments. Instead of chasing endless opportunities, the team explains why clarity, discipline, and defined criteria matter more than volume. Using relatable analogies and timeless investing principles from Warren Buffett, they explore how focus, temperament, and long-term thinking help investors build portfolios they can actually manage with confidence. What You'll Learn in This Episode: - Why narrowing your stock choices leads to better decision-making and stronger conviction - How to create clear criteria for selecting high-quality investments - What Buffett means by temperament and specialization and why both matter - How economic moats protect businesses and support long-term growth - The role of diversification without overcomplicating your portfolio - Why market psychology and your personal environment influence investing success Want to Learn More? Visit cashflowbonus.com to access free investing resources, including the ebook and action items discussed in this episode.

This episode centers on staying prepared, managing risk, and building a balanced approach in a potentially overextended market. The team breaks down the jobs report revisions from August 2025 and what they signal for the broader economy. With markets running on AI-driven optimism, the team compares today's environment to the dot-com era and questions whether investors are ignoring early warning signs. They also unpack how the Federal Reserve's dual mandate shapes rate decisions, including why the probability of a rate cut jumped to 95% after the new jobs data. What You'll Learn in This Episode - The difference between dividend kings, aristocrats, and champions - Why payout ratios matter for sustainable income - How to avoid value traps and identify healthy yields - Tips for finding quality stocks "on sale" - How to boost dividend returns with technical analysis and options Action Items - Explore free education and tools at cashflowbonus.com to strengthen your investing foundation - Keep building your financial education at yourinvestingclass.com.

Andy, Noah, and Corey dive into the power of dividend investing — one of the most reliable paths to long-term wealth. They explain why Warren Buffett's success with Coca-Cola is a masterclass in patience and compounding returns, and outline what separates dividend kings, aristocrats, and champions. The team also discusses how to spot value traps, evaluate payout ratios, and find stocks that offer both growth and stability. Plus, they share practical ways to enhance returns using technical analysis and options. What You'll Learn in This Episode - The difference between dividend kings, aristocrats, and champions - Why payout ratios matter for sustainable income - How to avoid value traps and identify healthy yields - Tips for finding quality stocks "on sale" - How to boost dividend returns with technical analysis and options Action Items - Explore free resources at cashflowbonus.com  - Review three stocks' 52-week highs and lows to gauge volatility

Andy, Noah, and Corey break down what really drives success in any field — and it's not just knowledge. They discuss why experience, mentorship, and consistent action matter more than theory, and share personal stories that illustrate how great coaching can close the gap between what you know and what you do. The team also explores how fear and isolation hold people back, and why a supportive community can make all the difference. What You'll Learn in This Episode - Why mentorship accelerates real success - How to bridge the gap between knowledge and action - The importance of structured education and accountability - How fear stops progress — and how to overcome it - The value of community in long-term growth Action Items - Explore free resources at cashflowbonus.com  - Contact Corey or Noah about mentorship opportunities to help close your knowledge-behavior gap

Andy, Noah, and Corey reveal how investors can consistently earn double-digit returns without taking big risks. Using Warren Buffett's strategy with Occidental Petroleum (OXY) as an example, they explain how steady, fundamentals-based investing and smart options strategies can generate reliable cash flow and long-term growth. What You'll Learn in This Episode: - How to build consistent double-digit returns - Lessons from Buffett's OXY investments - How selling put options creates income and limits risk - Why dividends and cash flow drive lasting success - How to pair fundamentals with technical analysis Action Items: - Explore free resources at cashflowbonus.com

Andy Tanner sits down with Dana Samuelson, a 45-year veteran of the precious metals market, to break down why gold continues to shine as economic uncertainty rises. Dana explains the forces pushing gold to $4,000 an ounce — including a weakening dollar, low interest rates, and major central banks increasing their gold reserves. Andy highlights why gold remains a powerful hedge, a store of value, and a critical part of a balanced portfolio designed to weather inflation and downturns. Together, they explore the advantages of owning both physical gold and mining stocks, and why gold's role in wealth protection has never been more relevant. What You'll Learn in This Episode - Why gold has surged to $4,000 and what's driving the move - How gold protects investors during inflation and economic volatility - The benefits of physical gold vs. gold mining stocks - Why gold carries no counterparty risk - How central banks influence the precious metals market Action Items - Learn more about precious metals at cashflowbonus.com - Visit American Gold Exchange to purchase gold or silver Want to Learn More? Continue your investing education with free classes and resources at yourinvestingclass.com.

Andy welcomes Dan Ryder, founder of Prime DeFi, to explore the future of decentralized finance. Dan shares his journey from healthcare to entrepreneurship, his discovery of crypto, and the launch of Prime DeFi during a bear market. He explains why education is critical for investors entering this $200 billion corner of the $4 trillion crypto industry, and introduces his upcoming book The Hidden Digital Gold Rush, which simplifies DeFi through his PROSPER framework. What You'll Learn in This Episode - How Dan Rider launched Prime DeFi during a bear market - Why DeFi education matters more than ever - The basics of Dan's PROSPER framework for navigating DeFi - How to earn cash flow from crypto safely - Why DeFi offers opportunity even for cautious investors Want to Learn More? Continue building your investing education with free classes and resources at yourinvestingclass.com.

Andy sits down with teammate and mentor Noah Davidson for a deeper look at how real traders evolve. With Corey traveling in Paris, the team uses this special interview to unpack the shift from advice chasing to education, from predicting the future to managing risk, and from "what to buy" to "who you learn from." Noah shares hard-won lessons from the dot-com boom, 2008, and thousands of trades, all translated into simple, usable ideas. What You'll Learn in This Episode - Why amateurs chase stock picks while pros prioritize risk, and how to make that mindset shift - The five basic price outcomes, and how Noah plans for each one so he is never surprised - How Prospect Theory explains loss aversion, and practical ways to counter your default settings - The difference between trading and investing, and why temperament sits at the center of both - How mentorship compresses your learning curve, and what "who over what" looks like in practice - Simple rules to keep your limbic system out of the driver's seat so you can act instead of react Resources Mentioned - CashFlowBonus.com, free ebook and tools to move from learning to action - Cash Flow Academy Mentor Club, weekly sessions where Noah demonstrates real decision trees and risk management Want to Learn More? Level up your investing education with our free classes and resources at yourinvestingclass.com.

Andy welcomes Dan Wang — author of Breakneck: China's Quest to Engineer the Future — to explore how China's rapid technological rise is reshaping global markets and investor opportunity. With firsthand experience living and working in China, Dan explains why China operates as an "engineering state" while the United States functions as more of a "lawyerly society." He breaks down China's aggressive push into AI, infrastructure, renewable energy, and manufacturing — including plans to deploy 10x more solar power than the U.S. by 2025. The conversation helps listeners understand where China may have a competitive edge, and which sectors could offer opportunity without getting caught in geopolitical tensions. What You'll Learn in This Episode: - Why China's "engineering state" model accelerates innovation and infrastructure - The massive scale of China's investments in AI and renewable energy - How China's competitive edge may reshape global markets - Which sectors investors may want to watch — and which ones face sanction risk - How to stay informed and proactive as U.S.–China tech competition intensifies Want to Learn More? - Visit YourInvestingClass.com for free investing resources and a step-by-step plan to help you build real financial confidence. -  Go to thecashflowacademy.com/ai for our free webinar on the AI revolution that has reshaped the economy. 

Andy, Corey, and Noah break down how to position yourself when the market hits new highs. They explain why smart investors don't panic or sit on the sidelines—they prepare. The team covers how to use options strategies like credit spreads, puts, and butterfly trades to create cash flow and buy stocks at a discount. Corey introduces the concept of "click and get paid," while Noah highlights how to use puts strategically to enter positions. Together they show how technical analysis, risk management, and adaptability help investors stay profitable in any market—especially at the top. What You'll Learn in This Episode: - How to invest confidently when the market is at all-time highs - Why technical analysis and risk management are key to timing and survival - How to use high-probability strategies like credit spreads and butterfly trades - The "click and get paid" approach to generating cash flow through options - How to leverage puts to buy stocks at a discount - Why knowledge and adaptability always outperform prediction
 Want to Learn More?  - Visit YourInvestingClass.com for free investing resources and a step-by-step plan to help you build real financial confidence. - Go to thecashflowacademy.com/ai for our free webinar on the AI revolution that has reshaped the economy. 

Ethan Everett, author of The Investment Philosophers, joins Andy to explore the deeper, more reflective side of investing. With a background in finance, law, and philosophy, Ethan shares how timeless ideas from great thinkers like Spinoza and Nietzsche can shape modern investment decisions. He explains why understanding a company's "moat" is essential, how AI is changing research and analysis, and why meaningful, adaptable investment strategies are the future. Together, Andy and Ethan discuss how philosophy, technology, and human judgment intersect in today's markets. What You'll Learn in This Episode: - Why a philosophical approach can make you a better investor - How ideas from thinkers like Spinoza and Nietzsche apply to modern finance - The importance of moats and what gives companies lasting advantage - How AI is transforming research and investment strategy - Why adaptability and purpose matter in building long-term wealth Want to Learn More? Visit YourInvestingClass.com for free investing resources and a step-by-step plan to help you build real financial confidence.

Andy sits down with Angus Fletcher, professor at Ohio State and author of "Primal Intelligence: You're Smarter Than You Know", to explore how narrative intelligence gives investors an edge. Drawing from his work with U.S. Army Special Operations, Angus explains why emotions in trading are signals—not flaws—and why relying on just one plan can be dangerous. He highlights the importance of processing past failures, embracing travel and new experiences, and sharpening intuition in ways AI can't replicate. For beginners, Angus recommends reading widely to build perspective, adaptability, and better decision-making skills. What You'll Learn in This Episode: - Why narrative intelligence can be more powerful than data-driven thinking - How emotions reveal gaps in your trading plan - Why having only one plan creates hidden risks - The importance of processing failure to grow as an investor - How travel and new experiences improve adaptability and opportunity-spotting - Why human intuition will always differ from AI—and how to use that to your advantage Want to Learn More?
 Visit YourInvestingClass.com
 for free investing resources and a step-by-step plan to help you build real financial confidence.

Andy, Corey, and Noah break down how the Israel–Iran conflict is shaking oil markets and what it means for investors. They highlight oil's role as the world's economic "lubricant" and explain how price shocks can ripple into inflation and broader market volatility. The team explores opportunities in energy and defense, from semiconductors and uranium to drone technology, while reminding listeners that the most important investment is in their own financial education. What You'll Learn in This Episode: - How geopolitical conflict impacts oil prices and inflation - Why oil is central to the global economy and market stability - Investment opportunities in semiconductors, uranium, and defense sectors - How to approach volatile markets with strategic trades like five-direction oil futures - Why understanding your own financial statement is more powerful than following tips - The value of mentorship and lifelong learning in building financial confidence Want to Learn More? Visit YourInvestingClass.com for free investing resources and a step-by-step plan to help you build real financial confidence.

Hersh Shefrin, author of Beyond Greed and Fear, joins Andy for a deep dive into the psychology of investing. Drawing on his background in physics, economics, and his collaborations with Richard Thaler and Daniel Kahneman, Hersh explains how behavioral finance reshapes the way we understand markets.  What You'll Learn in This Episode: - The role of heuristic-driven biases and frame dependence in investment decisions - Why balancing rational and emotional thinking leads to better outcomes - How "sentiment risk" impacts markets and what it means for investors - Why having an investing buddy can counteract biases and sharpen decision-making - How dopamine and psychology influence long-term investing discipline Want to Learn More? Visit YourInvestingClass.com for free investing resources and a step-by-step plan to help you build real financial confidence.

Andy, Corey, and Noah break down Tesla—one of the market's most debated stocks. With headlines swirling around the Trump–Elon feud, they remind listeners that emotions don't belong in investing. Instead, they highlight Tesla's explosive growth and explain how to approach it with smart options strategies. From butterflies to selling puts, the team shows how to let the market pay you to own Tesla shares, while avoiding trades driven by hype or politics. What You'll Learn in This Episode: - Why separating emotions from investing is critical—especially with Tesla - How Tesla's growth stacks up: 392% in 5 years, 1700% in 10 years, 19,000% in 15 years - Why Tesla may be building an ecosystem that rivals Apple's - How to use options strategies to buy Tesla shares at a discount - The difference between smart trades and emotional trades Want to Learn More?
 Visit YourInvestingClass.com
 for free investing resources and a step-by-step plan to help you build real financial confidence.