A New Definition Of Financial Wealth
The financial media and celebrities have convinced 99.99% of the world to measure financial wealth by looking at what you have accumulated. This is also known as your net worth or statement wealth. The wealthy know that your net worth does not matter. The value of your businesses and assets is essential. However, the cashflow…
What Is Cashflow Investing?
The cashflow investment strategy centers around generating income. The objective for those who follow cashflow investing is to seek opportunities that offer immediate income and tax advantages and promise increasing value through savvy operations and management. A critical element of this approach is the ability to leverage the skills, resources, networks, and capital of others…
Active Or Passive Investing?
Investing can be done in two different ways: active or passive. Each approach has its pros and cons. As an active investor, you take an active role in the investment process. This includes identifying, acquiring, managing, and selling properties or businesses. For example, you might find a distressed single-family property, renovate it, and then rent…
What Is The Investment Opportunity Filter™?
How do you determine whether an alternative asset investment opportunity is worth looking into further? As an investor, you must understand your skillsets, capabilities, knowledge, and understanding of asset classes and investing. What assets and asset classes do you know and understand? We have all heard the cliche, “Invest in what you know and understand.”…
Why Definitions Matter to Build Wealth
I’m blessed to have a platform called Cashflow Ninja®, where I’ve interviewed brilliant minds in business, investing, economics, and finance. In these conversations, my guests have shared the wealth-building strategies of the 0.01%. So, what is one of the most significant differences between mainstream conventional wealth-building strategies, followed by 99.99% of the global population, and…
How To Create Unlimited Deal Flow
Creating a system that floods you with high-quality alternative assets is daunting. It demands considerable effort, networking prowess, expertise, and time commitment. Yet, there are specific steps investors can take to significantly enhance their access to attractive investment opportunities in alternative assets. Networking is paramount. Immerse yourself in relevant industry associations and groups. Make a…
How To Invest In Luxury Watches
Luxury watches as an investment asset class involve the purchase of high-end, often rare, timepieces with the expectation that their value will appreciate over time, offering potential profitability. Known for more than just their functionality, luxury watches are esteemed for their craftsmanship, design, brand prestige, and, in some cases, historical significance. Qualifying as a luxury…
How To Grow Your Alternative Investments Tax Free
The Roth IRA is unique among retirement accounts in its tax treatment. Contributions are made with after-tax dollars, meaning you’ve already paid taxes on the money you put into it. The magic happens as your investments grow; not only do they grow tax-free, but you can also withdraw your funds tax-free once you reach age…
How To Invest In Annuities
Annuities are financial products commonly used in retirement planning to provide a steady income stream over a specified period or for the remainder of an individual’s life. They are contracts between an individual and an insurance company. In these contracts, the individual either makes a lump sum payment or a series of payments to the…