When you’re drowning in debt, it’s tempting to focus on one thing: get rid of it as fast as possible
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So what should you do in such a situation?
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How much did it cost?” That question reveals more about someone's money mindset than you think
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Top casts
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In a recent webinar, | was
asked about our investment diversification
—so here it is.
Diversifying your investments helps manage risk and creates multiple income streams. Here's how we do it:
1.Business
Our primary source of income. We reinvest profits back into the business to fuel
growth, scalability, and long-term sustainability.
2. Stock Market
We invest in publicly listed companies for both capital appreciation and dividends.
This allows us to participate in the growth of established businesses.
3. REITS
Real Estate Investment Trusts give us exposure to income-generating properties while providing regular dividend payouts, without the hassle of managing physical properties.
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@powellsethi113
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Austin rents down 21%, an excellent reminder that:
1. Rents go up and down -- not just up as many people believe -- which is why you should always run the numbers
2. Building more housing brings prices down, which is why money is deeply political