
Compare a dream house and a nightmare house, highlighting mortgage costs, liquidity, and cash flow through scenarios of a large home, a smaller co-op, and a rental duplex.
Explore how real estate investment trusts offer access to real estate's appreciation, cash flow, and dividends, with pros and cons for accredited and non-accredited investors.
Invest in etfs or index funds to gain broad market exposure and dividends. Diversify, dollar-cost average, and hold for 10+ years instead of trading individual stocks.
Investing in dividend-paying stocks via a diversified dividend ETF offers quarterly cash flow and potential price appreciation, while avoiding overexposure to a single stock; practice dollar-cost averaging for long-term growth.
Use the wealth formula: money in, money out, and money left over, then invest the leftovers to achieve wealth and financial freedom.
The accumulation of wealth is not random. Some people think that the rich are those who inherited it from their great-grandparents, or were lucky enough to win the lottery. This simply is not true. Anyone can take a few simple principles and apply them to their lives to generate massive changes. This course is not about get rich schemes or flipping real estate on the weekend with no money down. Instead, this course will lay the foundation for your financial well-being. If you follow the outline of the course, you will have a path to financial freedom. This course will cover how you can become financially free.
Some of the topics covered include:
· The formula for wealth
· Planning your expenses each month and automate your saving
· How to get started investing in the stock market
· Real estate investment through real estate investment trusts (REITs)
· Generating cash flow through dividends
· How to invest in small businesses for as little as $100
· Investing for retirement
· The basics of buying a car
· Finding a side hustle to supplement your income
· And much much more!