The Wealth Effect 1 Year Anniversary

Welcome back to The Wealth Effect. We're talking about The Restart. After meeting someone who lost everything and starting over at my age. This episode is not about shaming, but about seeing a common struggle that affects millions.

1. Mental Reset: Why your emotional health is the first financial step.
2. Inventory & Reality Check: Facing your situation alone and taking stock of every asset and debt.
3. Survival Budget: Creating a plan for essentials and building that crucial 3-4 month cushion.
4. The Power of Hope: How reclaiming your dream changes everything, even when your external circumstances haven't.

Starting over isn't the problem; losing hope is.

Is it a hobby, a history lesson, or a legitimate asset class? In this episode of The Wealth Effect, Bob takes a detour from traditional finance to discuss his latest obsession: Numismatics (the art and study of coins).

What started as a curiosity fueled by a random YouTube video turned into a full-blown journey into the world of silver, gold, and graded slabs. Bob breaks down why coin collecting is more than just a "treasure hunt"—it’s a unique intersection of scarcity, demand, and intrinsic value.

In this episode, we cover:

• The Origin Story: How a trip to the bank and a few rolls of change reignited a childhood passion.
• Coins vs. Cards: Why coins share the "hype" of Pokémon trading cards but offer a safety net that cardboard can't match.
• The Mechanics of Value: Understanding scarcity, the grading scale (MS69 vs. MS70), and the silver "floor."
• Tangible Wealth: Why holding a piece of Mexican Silver or a Roman coin feels different than checking a stock portfolio.
• The Challenge: Why you should buy just one coin—not for the profit, but for the story.

Join us as we explore how this