Stop Investing Wrong: What the Top 1% Do Differently Most people are told to save, invest, and hope.

But that's not how real wealth is built. In this episode of The Practical Wealth Show, Curtis May sits down with Dave Wolcott (Founder of Pantheon Investments) to break down how high-level investors actually create predictable cash flow, tax efficiency, and long-term wealth. But more importantly—we expose where most people go wrong: Investing before they have liquidity Chasing returns instead of control Building portfolios without a strategy If you've ever wondered why investing alone isn't working… this episode will change how you think about money.

What You'll Learn:

✔️ How the top 1% actually builds wealth

✔️ Why passive income isn't enough

✔️ The role of liquidity before investing

✔️ Where Infinite Banking fits into a real strategy

✔️ Why most financial advice is incomplete

🚨 Want to build your own wealth strategy? Start here: https://practicalwealth.net/FreedomSession

In this episode of The Practical Wealth Show, Curtis May sits down with entrepreneur, investor, and former Wall Street bond trader Nicole Purvy.

Nicole shares her journey from trading on Wall Street to building businesses, investing in real estate, and launching her growing YouTube platform The Profitor. As the managing partner of Invictus Elite Capital Group, she helps investors deploy capital into multifamily real estate while bringing a powerful macro-economic perspective to investing.

Nicole explains why smart investors must pay attention to capital flows, volatility, and macroeconomic signals instead of relying on headlines or conventional financial advice.

In this conversation, Curtis and Nicole discuss:

• Why volatility in markets is not random

• How macroeconomic shifts impact real estate investing

• The housing affordability crisis and what it means for investors

• How massive money printing changed the financial landscape

• The mindset shift entrepreneurs must make to step into their authority

• How Nicole overcame imposter syndrome after leaving Wall Street

• Why studying history and economic patterns helps investors position themselves ahead of market changes

Nicole also shares the story of how she was fired from Wall Street for teaching financial education online, which ultimately pushed her into entrepreneurship and building multiple successful ventures.

If you want to understand what's really happening in the economy and how smart investors prepare for uncertainty, this episode is packed with insights.

• If you make good money but still feel tight, you're probably not broke—you're illiquid. Start here: practicalwealth.net

• npurvy@gmail.com

macroeconomics volatility investing real estate private equity wealth transfer inflation housing crisis speculative investing capital allocation financial strategy mindset entrepreneurship liquidity financial education economic cycles asset management personal development

00:00–02:06 – Nicole's transition from Wall Street trader to entrepreneur and investor
02:06–03:32 – Getting fired for YouTube and discovering her real purpose
03:32–05:22 – Building a business from scratch and entering real estate
05:22–07:05 – The "lowest barrier to entry" moment in real estate history
07:05–09:19 – Imposter syndrome and playing small despite expertise
09:19–11:23 – Breaking limiting beliefs and stepping into authority
11:23–13:04 – The power of a one-page business plan
13:04–15:23 – Early career experiences shaping mindset and confidence
15:23–19:40 – Wall Street lessons and the illusion of expertise during the 2008 era
19:40–23:06 – What volatility really means (and why it's not random)
23:06–27:20 – The four forces behind today's economic instability
27:20–31:07 – Housing affordability vs. housing supply explained
31:07–35:08 – Human behavior as the missing variable in macroeconomics
35:08–41:13 – Investing vs. speculation (and why most people get it wrong)
41:13–56:19 – Strategies for investing during volatility and the future of real estate

What happens after you build your private banking system?

In this episode of The Practical Wealth Show, Curtis May sits down with Ben Buzek — former Special Operations leader turned real estate investor and collaborator with Wealth Without Wall Street — to discuss how to strategically deploy capital into cash-flowing assets.

If you've implemented the Infinite Banking Concept (IBC) and built cash value, the next step is deployment. But most investors skip due diligence, chase returns, and lock their money inside qualified plans like 401(k)s.

We break down:

• Why traditional 401(k)s limit liquidity and control

• The difference between accumulation theory vs cash flow strategy

• What separates serious investors from hobby investors

• How to create a "buy box" to vet deals

• Risk management lessons from Special Operations

• Multifamily investing explained

• How to use cash value life insurance to fund investments

• The biggest misconception about passive income

• Why liquidity beats rate of return

Sequence matters:

Cash Flow Control → Private Reserve → Strategic Deployment → Financial Freedom

If you want income, not speculation — this episode is for you.

• practicalwealth.net

• WWWS Podcast with Special Guest, Ben Buzek

• https://www.linkedin.com/in/buzekb/

• Home

• ben@wealthwithoutwallstreet.com

Passive Income
Infinite Banking Concept
Cash Flow Strategy
401k Alternatives
Private Banking
Capital Deployment
Liquidity
Financial Freedom
Buy Box
Due Diligence
Multifamily Investing
Syndications
Cash Value Life Insurance
Wealth Allocation
Velocity of Money
Control vs Accumulation
Statement Wealth
OPM (Other People's Money)
Investor Profile
Asset-Based Income

00:00–02:26 - From accumulation theory to control-based wealth building
02:26–05:39 - What happens after you build cash value? The "What's next?" problem
05:39–08:07 - Why 401(k)s limit liquidity and control
08:07–10:03 - Financial freedom formula: Passive income exceeds expenses
10:03–12:36 - Buy boxes, shiny object syndrome, and investor discipline
12:36–14:26 - Special Operations risk management: PACE planning (Primary, Alternate, Contingency, Emergency)
14:26–17:40 - Serious investors vs hobby investors
17:40–20:18 - Defining your investor profile before deploying capital
20:18–22:00 - Principles → Strategy → Tactics framework
22:00–24:06 - You can't eat equity: cash flow vs capital gains
24:06–26:05 - Finding and redeploying "lazy cash"
26:05–28:06 - The biggest misconception about passive income
28:06–29:31 - LP investing, syndications, and operator due diligence
29:31–32:54 - Liquidity, capital access, and why you'll run out of money before deals
32:54–34:56 - Case study: $2,300/month in passive income in 12 weeks
34:56–37:16 - Why coaching accelerates results and reduces costly mistakes
37:16–40:46 - Retirement math reality check and the 4% rule problem
40:46–43:35 - How the Passive Income Lab works (structure, accountability, cohorts)
43:35–46:06 - Earn → Bank → Borrow → Spend → Repay framework
46:06–49:38 - Final call to action: stop sitting on the sidelines