Episodes
7 days ago
7 days ago
In today's episode, we’re diving into major news from Latin America and the U.S. Puerto Rico and El Salvador are making headlines with political and economic shifts that could signal broader changes for the region. First, El Salvador’s bold move to adopt Bitcoin as legal tender seems to be paying off in a big way, with nearly $93 million in unrealized profits. President Nayib Bukele’s Bitcoin strategy, which includes geothermal Bitcoin mining and ambitious projects like "Bitcoin City," is redefining El Salvador’s economic landscape. With a debt-free 2025 budget on the horizon, Bukele is showing critics that his unconventional financial approach might just be working.
On the political front, Puerto Rico's pro-statehood candidate Jenniffer González-Colón, a prominent Trump ally, won the governor's race, becoming the first Republican to hold the office since 2008. With Puerto Rico’s recent election results, we’re seeing a shift in voter priorities, as pro-statehood and independence parties gain ground over traditional territorial status advocates.
We’ll also be analyzing Latino voter turnout in the recent U.S. elections and the significant message it sends about the issues they care about most. Join us as we unpack these major developments and explore what they mean for Puerto Rico, El Salvador, and the broader Latin American community.
Tune in to hear more about:
- El Salvador’s $93 million Bitcoin profit and future outlook
- President Bukele’s debt-free 2025 budget and the potential impact on the nation’s economy
- Puerto Rico’s gubernatorial shift toward statehood and its impact on U.S. relations
- How Latino voters have shaped the latest election resultsFollow us on IG: @latinwealth Email for questions or inquiries: latinwealthpodcast@gmail.com
Wednesday Nov 06, 2024
Wednesday Nov 06, 2024
Welcome to this week’s Wealth Wednesday, where we tackle the latest and most significant news in American politics: Donald Trump has been re-elected as President of the United States, making history as only the second president to win two nonconsecutive terms. This election has changed the political landscape, with Republicans now holding control of the Senate and likely securing the House. In this episode, we’re digging into the major shifts this election brings, especially for the Latino community, the economy, and the social policies that may shape America’s future.
What This Means for America and the Latino Vote
One of the biggest takeaways from this election is the Latino voter swing towards Trump. Nationally, Trump won 45% of Latino voters, a significant increase from the 32% he secured in 2020. We discuss what motivated this shift and how it reflects key issues such as inflation, housing, and the economy. Latino voters, who face unique challenges in today’s economy, expressed concern over high rent, groceries, and credit card debt—issues Trump highlighted, helping him gain traction among this demographic.
The Trump Agenda: What to Expect Over the Next Four Years
As we look toward Trump’s second term, his administration has outlined significant policies on major topics, including tariffs, immigration, and national security. Here’s what we dive into in this episode:
Economic Priorities and Tariffs: Trump plans to impose tariffs on all imports to boost American manufacturing. This includes a 10-20% tariff on all imported goods, with a 60% rate on goods from China. We discuss how this could impact consumer prices, businesses, and job opportunities in the U.S.
Immigration and Border Security: Trump is set to implement extensive measures on immigration, including large-scale deportations, increased border security, and potential military spending on border infrastructure. We’ll explore what this means for immigration policies and communities across America, especially those in border states.
International Relations with Ukraine and Israel: Trump has vocalized his expectations for a resolution to the conflicts in Gaza and Ukraine by working with global leaders. What will this mean for U.S. foreign policy, and how might it affect American families and interests abroad?
Housing and Cost of Living: With high inflation impacting the housing market, Trump’s administration aims to deregulate the industry to help builders increase the housing supply. This could have lasting impacts on home affordability—an issue affecting millions of Americans.
Healthcare and Vaccine Skepticism: Trump has proposed giving vaccine skeptic Robert F. Kennedy Jr. a major role in his health administration. We look at how this shift might impact healthcare policies and public health initiatives.
How We Can Prepare and Thrive
In light of these changes, we emphasize the importance of staying informed and adaptable. We talk about how to position ourselves to take advantage of opportunities, navigate economic shifts, and support our families in this new political environment. We also explore mindset strategies—how focusing on solutions rather than limitations can help us find opportunities even in times of uncertainty.
This episode is all about keeping a clear perspective and making the most of what’s ahead. Whether it’s identifying beneficial policies or rethinking financial priorities, we’re here to empower our community to make informed decisions in the face of change.
Tune in to this Latin Wealth episode to stay ahead of the curve and prepare for the road ahead.
Follow us on IG: @latinwealth Email for questions or inquiries: latinwealthpodcast@gmail.com
Friday Nov 01, 2024
How to Built a 6-Figure Vending Business w/ Jaime Ibanez | Latin Wealth
Friday Nov 01, 2024
Friday Nov 01, 2024
In this episode, we sit down with Jaime Ibanez, a successful entrepreneur and YouTuber, who turned his high school snack-selling hustle into a six-figure vending machine business. Jaime, who manages over 50 vending machines at just 23, shares his journey from high school entrepreneur to YouTube star, with half a million subscribers and features in top publications like The Wall Street Journal, Business Insider, and The Dallas Morning News.
Join us as Jaime opens up about the day-to-day operations of his vending machine business, the initial steps to set up an LLC, and how to source and finance different types of machines. He also breaks down the best locations, common challenges, and how to maximize profits with minimal overhead. For those just starting or looking to scale, Jaime offers insights into building a strong foundation, financing options, and tips for avoiding scams in the vending industry.
Jaime also talks about his YouTube journey, where he’s spent the last five years helping others succeed in the vending business. From finding locations to understanding ROI, this episode covers everything you need to know about the vending machine business and how content creation can help grow your brand.
Tune in for a valuable conversation on business, finance, and content creation, as Jaime shares the tools and strategies that have fueled his success.
#vendingmachine #vendingbusiness #sidehustle
Wednesday Oct 30, 2024
Puerto Rico and the Election: VP Harris' Plan, Trump Rally Fallout | Latin Wealth
Wednesday Oct 30, 2024
Wednesday Oct 30, 2024
In this week’s episode, we’re tackling a hot topic making waves in the news cycle and stirring conversations in Latino communities nationwide. A joke about Puerto Ricans made by comedian Tony Hinchcliffe at a recent Trump rally in New York has sparked strong reactions, casting a spotlight on the relationship between Puerto Rico and the U.S. mainland. For many, the timing couldn’t be more critical, as the Latino vote continues to be a key factor in the upcoming election.
We discuss why this moment has struck a chord with so many and the ripple effect it could have on undecided voters. This controversy comes as Vice President Kamala Harris has pledged to create a "Puerto Rico Opportunity Economy Task Force" if elected, aiming to bring economic empowerment and opportunities to Puerto Ricans in the U.S.
Join us as we break down what this all means: from Hinchcliffe’s impact on the political conversation to how Harris’s proposed initiatives could bring tangible support to Puerto Rican communities. With public figures like Bad Bunny and J Lo using their platforms to weigh in, the dialogue around representation, respect, and community unity is more important than ever.
Make sure to watch for a deep dive into the issues that matter, why this moment has been so polarizing, and how we can all stay informed and empowered as we approach election day.
Follow us on IG: @latinwealth Email for questions or inquiries: latinwealthpodcast@gmail.com
#puertorico #latinwealth
Wednesday Oct 23, 2024
Inside Concord's $217M Acquisition of Daddy Yankee's Music Catalog | Wealth Wednesday
Wednesday Oct 23, 2024
Wednesday Oct 23, 2024
Welcome to a new weekly series we are launching on the Latin Wealth platform, Wealth Wednesday! On Wealth Wednesday, we will be discussing trending news, Latino culture and topics surrounding business, host by @chrisbelloso and @ricoramirez86.
In this episode, we're covering some of the biggest headlines in the music and business world, starting with the massive $217 million acquisition of Daddy Yankee's music catalog by Concord. Known for hits like "Despacito" and "Gasolina," Daddy Yankee's impact on the global music scene is undeniable, and this deal further cements his legacy. We’ll explore what this acquisition means for the reggaetón superstar, how Concord plans to monetize this investment, and the broader significance of music catalogs in today’s industry. You’ll also hear about Concord’s other high-profile acquisitions, including its ownership of the iconic Latin label Fania Records, and how they continue to dominate the music catalog space.
Next, we shift to some big news from Washington. Vice President Kamala Harris has announced the expansion of her forgivable loan program for Black entrepreneurs to now include Latino entrepreneurs as well. Under her proposed administration, Latino men would be eligible for loans of up to $20,000, aimed at helping small businesses and their families thrive. We’ll break down what this could mean for the Latino community, how this initiative builds on previous efforts, and the potential economic impact of these forgivable loans.
We also welcome back Jeremiah, who brings us a recap of his trip to Puerto Rico.
This episode is packed with insights on the intersection of music, business, and culture. From Daddy Yankee's historic deal to the Vice President’s promises for Latino entrepreneurs, we’re discussing how these developments are shaping the future of both the music industry and Latino business communities.
Follow us on IG: @latinwealth Email for questions or inquiries: latinwealthpodcast@gmail.com
Friday Oct 18, 2024
Friday Oct 18, 2024
In this episode of the Latin Wealth Podcast, we welcome Cris Munoz, the Founder & CEO of Level Up Enterprises, a company that empowers families to achieve financial literacy and build wealth together. Cris shares his incredible journey from hustling at 12 years old to working with major corporations like GE and Microsoft as an engineer, software developer, and product manager in cybersecurity. He also dives into his current role as a hedge fund partner, offering insights on how to leverage a career to build long-term wealth.
We explore the mindset shift needed in the Latino community when it comes to investing, the importance of understanding the banking system, and how credit can be both a tool and a challenge. Cris breaks down the key beliefs and systems Latino men need to embrace to unlock the magic within and start building generational wealth.
Tune in to hear Cris Munoz’s inspiring story, his thoughts on the Latin Wealth Summit, and tips on how to navigate the world of finance.
Follow us on IG: @latinwealth Email for questions or inquiries: latinwealthpodcast@gmail.com
Wednesday Oct 16, 2024
Tesla Unveils The Future of Autonomous Vehicles | Latin Wealth
Wednesday Oct 16, 2024
Wednesday Oct 16, 2024
Welcome to a new weekly series we are launching on the Latin Wealth platform, Wealth Wednesday! On Wealth Wednesday, we will be discussing trending news, Latino culture and topics surrounding business, host by @chrisbelloso and @ricoramirez86.
In this episode, we dive deep into the growing economic influence of Latinas in the U.S., whose total economic output now surpasses the GDP of most states. With Latinas contributing $1.3 trillion to the U.S. economy, their impact is undeniable. We explore the rising labor force participation, the wage gap, and what this means for the future of Latinas in business and the workforce.
We also shift focus to Fintech in Latin America, where over 3,000 fintech companies are revolutionizing the region. From Brazil to Mexico, we explore how these companies are driving innovation in digital payments, loans, financial management, and more. Even amid a downturn in venture capital investments, fintech continues to attract major attention in Latin America, offering solutions that are transforming the financial landscape.
Follow us on IG: @latinwealth Email for questions or inquiries: latinwealthpodcast@gmail.com
Wednesday Oct 09, 2024
Wednesday Oct 09, 2024
Latin Wealth Summit Ticket Info: https://latinwealthsummit.com/Welcome to a new weekly series we are launching on the Latin Wealth platform, Wealth Wednesday! On Wealth Wednesday, we will be discussing trending news, Latino culture and topics surrounding business, host by @chrisbelloso and @ricoramirez86.
In this episode, we dive deep into the growing economic influence of Latinas in the U.S., whose total economic output now surpasses the GDP of most states. With Latinas contributing $1.3 trillion to the U.S. economy, their impact is undeniable. We explore the rising labor force participation, the wage gap, and what this means for the future of Latinas in business and the workforce.
We also shift focus to Fintech in Latin America, where over 3,000 fintech companies are revolutionizing the region. From Brazil to Mexico, we explore how these companies are driving innovation in digital payments, loans, financial management, and more. Even amid a downturn in venture capital investments, fintech continues to attract major attention in Latin America, offering solutions that are transforming the financial landscape.
Plus, don't forget the upcoming Latin Wealth Summit happening on October 12th-13th. Learn more about the event and grab your tickets — Latin Wealth Summit Ticket Info: https://latinwealthsummit.com/
Follow us on IG: @latinwealth Email for questions or inquiries: latinwealthpodcast@gmail.com
Wednesday Oct 02, 2024
iPhone 16 Sales Slump: What's Next for Apple? | Latin Wealth
Wednesday Oct 02, 2024
Wednesday Oct 02, 2024
Welcome to a new weekly series we are launching on the Latin Wealth platform, Wealth Wednesday! On Wealth Wednesday, we will be discussing trending news, Latino culture and topics surrounding business, host by @chrisbelloso and @ricoramirez86.
In this episode, we explore two major headlines in the tech world—Apple’s struggles with the iPhone 16 sales and the dramatic drop in value of X (formerly Twitter) under Elon Musk’s ownership.
First, we dive into the underwhelming pre-sales for the iPhone 16, where Apple has seen a significant decline compared to previous years. With competition rising, especially in China, and consumers less eager to upgrade, Apple is facing a pivotal moment. We discuss the reasons behind this sales slump, including the delayed launch of AI-powered features and what Apple can do to recover.
Next, we look at the financial fallout for X (Twitter), now worth less than 25% of what Elon Musk paid for it. With Fidelity’s new valuation putting X at just $9.4 billion, we talk about what’s next for Musk, his employees, and the future of the platform.
Finally, don’t forget to grab your tickets for the Latin Wealth Summit on October 12th-13th, available for both in-person and virtual attendance. Stay tuned for more insights and updates from Latin Wealth! https://latinwealthsummit.com/
Follow us on IG: @latinwealth Email for questions or inquiries: latinwealthpodcast@gmail.com
Wednesday Sep 25, 2024
Wednesday Sep 25, 2024
Welcome to a new weekly series we are launching on the Latin Wealth platform, Wealth Wednesday! On Wealth Wednesday, we will be discussing trending news, Latino culture and topics surrounding business, host by @chrisbelloso and @ricoramirez86.
In this episode, we dive into several exciting and important topics. First, we explore the financial consequences of sports betting and why it may be time to rethink this rapidly growing industry. With over 38 states legalizing sports betting, the financial impact on households is concerning, from increasing debt collections to shrinking investments. We discuss why sports betting might be more addictive and financially dangerous than it seems, especially for vulnerable populations.
Next, we discuss the recent meeting between El Salvador’s President Nayib Bukele and Tesla’s Elon Musk, where they met at Tesla's Gigafactory to discuss AI, the future of humanity, and the role of next-gen technologies. President Bukele’s commitment to innovation follows his country’s embrace of Bitcoin, as he looks towards AI to bolster El Salvador’s future.
We also highlight Crowley, a top employer for Latino leaders, recognized by the National Diversity Council. Crowley’s initiatives like their Mi Gente Hispanic Business Resource Group are empowering Hispanic employees and promoting cultural exchanges within the company.
Finally, don’t forget to grab your tickets for the Latin Wealth Summit on October 12th-13th, available for both in-person and virtual attendance. Stay tuned for more insights and updates from Latin Wealth! https://latinwealthsummit.com/
Follow us on IG: @latinwealth Email for questions or inquiries: latinwealthpodcast@gmail.com
Your Title
This is the description area. You can write an introduction or add anything you want to tell your audience. This can help potential listeners better understand and become interested in your podcast. Think about what will motivate them to hit the play button. What is your podcast about? What makes it unique? This is your chance to introduce your podcast and grab their attention.