How To Create A Million Dollar Net Worth In Ten Years or Less
I have a confession to make. I’m terrible at saving money. For years I would set aside a percentage of my income only to pull the savings out for what I considered an emergency. While some of the funds went to actual emergencies like car repairs or making payroll for my business, the majority of […]
Outside of marriage or inheritance, there are only 3 tried and true vehicles that will get you to your first million in net worth. Here are the 3 ways ranked by the least amount of risk. Stocks Cash flowing real estate A lean and mean business You cannot get rich slow. You must leverage your […]
Whenever you read a mainstream personal financial book, you will invariably encounter how easy it is to become a 401k millionaire. All you have to do is skip lattes or avocado toast and invest the savings into your retirement. For instance, David Bach has registered a trademark called “The Latte Factor.” He talks about how […]
Have you ever looked at your 401k or IRA and wondered if you could do better with a rental property?
Look no more.
I’m going to show you why a boring single family rental (purchased correctly) runs circles around your employer sponsored 401k once you include all the investment factors the financial service industry and investment media fail to include when making a proper real estate versus 401k comparison.
In the last post we discussed the importance of knowing your WHY. This concept is so important that I’m going to share my origin story. It is not as epic as Iron Man. I didn’t gain superpowers, unless you think my ten properties in ten years is superhuman. Maybe…just maybe..it will inspire you to buy, […]
