So your #1 biggest problem that’s holding you back from creating ultimate wealth is Lazy Assets.
Simply put, this means your investments are under-performing and generating low returns.
Many people discipline themselves to invest a certain percentage of their income and assume that’s good enough. But it’s not. You must also discipline yourself to invest in assets that generate high returns - 10% or more.
When you tolerate low-performing assets you stifle your wealth building process. And the worst part is that if you don’t do something about it now you can literally waste years, if not decades, of your life working towards your Freedom Day.
Remember the Rule of 72? It’s a simple investment formula that states that the amount of time required to double your money equals 72 divided by your rate of return. For example:
- A 5% return will double your money every 14.4 years
- A 10% return will double your money every 7.2 years
- A 20% return will double your money every 3.6 years
So the difference between a 5% vs a 20% return earns you more money, of course - but also more time (10.8 years to be exact!). How would you like to shave an entire decade off your work life and have the same amount of money in your Nest Egg 10 years sooner?
Most people don’t think about this until it’s too late. They work hard building their businesses and careers in their 30s and 40s but don’t take charge of their investments until their 50s and 60s. At that point, so much of their life has already passed; and if they would have become smarter investors earlier they would have enjoyed the wealth they aspired to so much sooner.
e to feel like you are always behind the 8-ball. You can work harder, put in more hours and try to lower your expenses, but until you Master Cash Flow Management you’ll never get ahead.
The worst part about Stunted Cash Flow is the emotional damage it does. Most people who are “cash poor” live in a state of constant anxiety - and this increased level of stress causes them to make bad decisions.
At a deep psychological and emotional level, this is the real reason why the “rich get richer and the poor get poorer.” The poor can’t see all the opportunity around them to create wealth because they’re plagued with worry.
However, once you really Understand the Nature of Cash Flow and how to manage it properly, you'll quickly turn your financial life around.
Instead of looking at your income and expenses and wondering if you can afford things, you’ll manage your cash flow like a WEALTHY PERSON - DECIDING where to direct your spending so you can continue to Increase Your Income.
ESCAPE THE WALL STREET CASINO
The reason most people have Lazy Assets is because their money is tied up in the Wall Street casino. They do what everyone else does -- and just park their money in stocks, bonds and mutual funds.
Financial advisors and popular money gurus tell them stories of a 12% average rate of return for the stock market… but fail to explain the difference between Actual Returns and Average Returns.
Even though most people never get a 12% return investing in Wall Street they continue to park their money there, hoping and praying things change - and that a 2008 Crash won’t happen again!
Meanwhile, The Rich Are Playing a Completely Different Game than the poor and middle class. They refuse to abdicate their leadership role in their family’s wealth building process. And they establish their own Money Rules, especially regarding returns. The rich know how to find and structure deals that generate 10%, 20% and 30%+ rates of return.
A 30% rate of return sounds crazy and unbelievable to the person who has been indoctrinated by Wall Street. It feels impossible to most people - which of course is why so few people are wealthy. They believe returns under 10% are not only normal, but acceptable!
Your next step is to
join my Mastermind Group!
Anything seen or heard here should not be viewed as an offer to buy or sell a security. Educational resources are provided for general information purposes only and should not be considered an individualized recommendation or advice.
This is not an offering or the solicitation of an offer to purchase an interest in any investment vehicle. Any such offer or solicitation will only be made to qualified investors by means of an offering memorandum and only in those jurisdictions where permitted by law. The target returns set forth within all offerings may not be realized; actual results may differ materially from the stated goals. Prior to investing, investors must receive a prospectus, which contains important information regarding the investment objectives, risks, fees, and expenses of any funds and/or other investment opportunities. Past performance is no guarantee of future results. All investments involve risk, including the loss of principal investment.