Wealth is a funny game. Earlier today I spoke with a man who spent the last 25 years getting to where he is today.
And today he makes about $120,000 per year from his real estate holdings. So far so good.
…BUT he and his wife have to work full time and treat those real estate holdings as a business, which they work for.
And after all that work, it turns out to be a 7% investment return. Pretty good, right? Here’s the clincher…
If you figure what the return would be if the properties were TRUE investments and passive (i.e. managed by other people)… the real investment return would be more like 2%.
(while true inflation is at 7%)
You probably guessed it: Growing wealth at 2% while true inflation is at 7% isn’t really growing wealth at all.
The real bottom line of their situation is they used their money to give themselves jobs.
They have a whole list of things they would do if they gave themselves freedom instead. Things like travel, more time with their grandkids, pursuing different business opportunities abroad.
“So what’s the first step to get my freedom?” he asked me.
“Get fed up with where you’re at.”
And that’s the truth. After working with thousands of investors for over a decade, the CLEAREST early predictor of success is one thing…
Getting FED UP.
This guy wasn’t. He was so used to waking up and working for his money every day (and watching his wife go off to the full time job of working for her money instead of visiting her 11 grandkids), that he was just used to it.
And instead of choosing to put his foot down and say “no more of this, I’m fed up, and I want my freedom!” when we talked, he started saying he was planning to start fixing his situation maybe in 5 years.
So I didn’t offer him my help (What good would that have done?) I love building client success stories, not procrastination stories—those procrastination stories just don’t seem to inspire anyone, lol!
Sure, he promised me “Oh I’ll reach back out to you in 5 years… no, 2 months… no, two weeks!” so we could get him his freedom.
But the truth is “any time but NOW” was the time he chose to take action. And with that attitude, tomorrow never comes.
So let me ask you…
Are you fed up?
Are you sitting on a gold mine of an opportunity to finally get your freedom? Is your money invested in stuff that consistently returns not much more than 7% inflation?
I’d bet it probably is.
You see, whether you ever get your true wealth freedom or not isn’t so much a matter of assets and tactics and strategies (I’ve got that all figured out)… but more of how you value your time here on earth.
Are you spending it working for money, managing your money, managing your real estate… or doing ANYTHING other than enjoying your freedom and living your dreams?
If that’s you, and you have a net worth of at least $500k, and are truly FED UP with falling short of your goals… then we should talk about getting your wealth building on track to make your dreams actually happen.
(They may be closer than you think)
If that sounds good to you, let’s chat and see if it’s a fit to make it happen. Just click here to reach out to me and I’ll look forward to our chat.
P.S. If you’re the type of person to really stand up for your dreams and your family and future… and you reach out to me, as soon as you do I’ll share a video of a few of my 300+ high level clients giving advice about doing what it takes to have a real wealth transformation with the help of a mentor. You can check that out directly after you reach out to me here.