Episode 22: How To Make Your Kids Rich

Tell everybody what you've been up to.

Oh, well,

you know, I've been investing for over 30 years.

I dabbled in some penny stocks at the beginning, lost it all.

And then it's just totally gambling at the beginning.

And then really put my mind into it and really tried to learn, you know, how to invest.

But I like to keep that stuff to myself, you know, for years and years.

You know, I had my websites.

I had the MMA website with Fightline, the Indian Dating website with indiandating.com, and of course, Wrestling Inc., and then um you know i sold wrestling four years ago and just didn't have anything to do and i was just like there's so many just basic financial tips that i that i teach my daughters that i teach my family um to do to help them kind of get on the right path so money you know so that money's never an issue uh later on in their in their lives so i was like maybe i can share this with with other people as well so I started this practical money newsletter about three years ago, which I do about...

I tried to do it weekly, but now it's like once a month.

And yeah, just try to share a lot of just common sense tips, things that are easy to do, the things that most people can do.

And just kind of share those and try to kind of simplify a lot of the stuff that...

It sounds complicated, but when you really look into it, you know, when you look at step by step, how you do something, it makes it a lot easier.

And I tried to do that, you know, providing screenshots and things like that just to show step by step how to how to go about doing some of the stuff I talk about.

Raj, I'm a big fan of what you've done and also what you're doing.

I love what you're doing, especially with the website about giving people knowledge as far as investing and how to take care of themselves.

And not just investing, but about money management.

What was first? Was it Wrestling Inc.? Was it MMA? What was the first thing that got you in this online business? Because you did an incredible job with Wrestling Inc.

And what was first?

So Wrestling Inc. was definitely the first when I started because I started that back in college.

And back then, I didn't really know how to invest.

My parents had invested some money for me and my sister, and I'd see that money grow.

And that kind of is what got me interested.

But Wrestling Inc. was first.

Fightline didn't start until like 2006.