98% Of Rich People Own These 3 Assets (You Should Too)

"my theory is that if I was to take $110,000 worth of cash and $10,000 with the physical gold today and bury both of these things in my backyard if I were to pick up both of these or dig them both up in 10 years my thinking is that the physical gold is going to have more buying power which is why I own some physical gold"

"that way now I can predict how much money I'm going to wake and then I can work to stack the cash flow that way I know I can just keep working to acquire more properties that way I can stack how much income I'm making for my properties every single month that way I can grow this this pretty much passive income"

"so now you get to write off a certain amount of this income now how much you write off is going to depend on how much this property is worth but some investors are going to write off something like $4,000 and some investors will be able to write off something like $122,000 meaning you make money and you have no taxable income because of the way that this deduction works this is called the depreciation deduction"

"I understand that this startup could grow in value very quickly I mean this startup the goal would be to get acquired maybe go IPO but generally get acquired that's the goal with a lot of startups but if if the startup does not get acquired I don't make any money if the startup goes bankrupt I don't make any money so it's one of those things where you can hopefully see a big return but probably not I mean most startup Investments fail a big chunk I think it's something like 80 to 90% of startups are going to fail in the first 5 years"

"it's kind of the same thing with cryptocurrency I mean we've seen big booms and busts with cryptocurrency yeah I think there's a lot of value in it there's a lot of value with the blockchain I think there's a lot of potential but I also understand that it goes up and down I mean it crashes and it booms so you got to understand the risks and there's a lot of emotion associated with that because of that it's a small piece of my portfolio I believe in it but I also understand that it can go down to zero just as fast as it can go up 100 or 200%"

"this is where now your speculative Investments are a little bit more fun they have a lot more risk and they can make you more money now now one of the things that can help you as an investor is to stay up to date on what is happening on the financial news and the financial trends that way you can be a more educated investor that's why we created Market briefs which is my free financial newsletter the breaksdown was happening in the financial news if you have not joined Market briefs yet I got the link for you down in the description below"