assets

GET RICH QUICK SCHEMES AND YOU

What’s the #1 thing that will protect you from get-rich-quick schemes? Principles. Here are 3 that will lead to a richer life: Patience: Vital for organic growth. Time: Invaluable for experiencing the compound effect. Consistent Action: Daily commitment turns philosophy into results. No magic product trumps these principles. No shiny object shortcuts success. Which timeless…
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LACK OF UNDERSTANDING LEADS TO EMOTIONAL RESPONSES

Why do people have such emotional responses to whole life insurance and the Infinite Banking Concept (IBC)? Here’s the #1 reason: A lack of understanding Whole Life Insurance: Misunderstanding the asset IBC: Misunderstanding what it truly is Isn’t it fascinating how a lack of understanding can lead to overly emotional responses? What’s informing my thoughts?…
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DECISION-MAKING FRAMEWORKS FOR ASSET PURCHASES

What are some of the biggest challenges you face when making asset purchase decisions? As a real estate investor, using a decision-making framework has helped me navigate numerous investment opportunities. Here’s how I set mine up: 1. I start with the core principles of: Risk mitigation Access to liquidity The amount of control I have…
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6 Financial Asset Principles I Wish I Focused On 20 Years Ago

6 Financial Asset Principles I Wish I Focused On 20 Years Ago If I could go back in time, I would immediately focus on these six principles of financial assets. (I would have kept much more of what I earned if I did). 1. Risk Specifically, I would ask about two aspects of risk when choosing…
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