From the big, overarching view, this episode deals with “where” to invest. It is NOT just about the dividends/rent/interest, and/or the potential capital gains, but rather “where to invest” is also a function of how much time *you* are willing/wanting to invest in order to manage your investment(s). Most people overlook the amount of time that is required to manage an investment, and/or how much time is required to manage the managers of your investment(s).
Everyone says they’re motivated to get to Time Freedom, – most aren’t being honest with themselves. After awhile, motivation goes away…*discipline* is what keeps you going. Discipline will result in Freedom; You need Discipline more than Motivation. In this episode, we talk about why *you* want to get to Time Freedom. Whether your chosen path is real estate, flipping, mult-family, stock market, trading, investing, entrepreneur, small business, MLM, it doesn’t matter…you MUST know your purpose.
In this episode we talk about creating an operating system for time freedom…
We talk about where you spend your time and where your money comes from. Is your time spent working “for” a business? Is it spent working “on” a business? If you “invest” in a business, then other people do ALL the work. However, if you find that you are working “on” that particular business, then it is not providing you time freedom….
We’ll introduce our co-host, Chris Lam; we’ll talk about his background and experience, which may give some insight as to how he achieved time freedom at age 31.
Thanks for checking out Investing From The Beach podcast! In this episode, we’ll do a brief introduction to one of the two hosts, and talk about the listeners that would be most interested in this podcast.