Climbing The Wealth Ladder With Nick Maggiulli

The Not Advice Podcast welcomes Nick Maggiulli (Dollars and Data, COO at Ritholtz Wealth) to talk through his new book The Wealth Ladder. We cover the six stages of wealth, why income drives everything, how leverage and concentration shape outcomes, and why skipping rungs can backfire. Plus: avocado tariffs, the 0.01% rule, and why happiness isn’t just about money.Disclosure: This conversation is for informational and entertainment purposes only. It is not financial, legal, or tax advice. Always consult a qualified professional about your specific situation.

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A podcast about investing, taxes, RSUs, corporate life, retiring early, and avocados.