This might be you in real life, and with your current retirement plans.

For many practitioners, this is nearer to reality than you might think. Sure, we’ve created the ability to earn a higher than average active income… but that income is dependent on us running around the board as fast as we can.  At best, “Investing” is often more like picking “chance” cards, investing in the fad of the day. 

Many practitioners do this over and over and after 30 years, wonder what in the world happened?

Why don't I have anything? What happened to my retirement plans?

This is what happens to most people. They go around the board over and over again, and never take a hard look at what they're doing. They don't feel like they can have any financial advocacy for themselves or they don't realize what’s possible. This leaves them with little choice but to abdicate their resources to other people (financial advisors) and hope for the best. Do you really want to take that gamble with your future?

Becoming interested in how money works is the first step

It’s by having an earnest interest in how money works, in how investments work, that you can find the way to create a life of freedom, peace of mind and security.

This is what I learned many years ago when I was still in school. I read numerous books about money and investing. I realized that if I was going to have a life with security, I had to do it myself.

Yes, I could make money at a job, but that's the equivalent of going around the monopoly board time and time again. You put your time in and you make the money. That's a fine start to the game, but what are you doing with that money to make it work for you? This is where I believe assets, tangible assets, come into play. You may choose whatever assets you like, I like tangible assets such as real estate. Why?

Because I have more control.

Tangible assets are the key to CASH FLOW

I never understood the financial markets. They never made any sense to me. To this very day, I don't have any investments in the financial markets. Now that may not describe you, but tangible assets are where I have the ability to choose where I put my money.

I’ve been investing in tangible assets like real estate for over 40+ years. Some years ago, I reached a point where I had enough cash flow from my investments that I didn’t need to do any active work anymore. My capital was just turning over and over again to the point where I have enough passive income to provide for my needs. 

The money keeps compounding. That's what I call a real investment strategy.

Understanding Your Investment Philosophy

You need to figure out your investing philosophy first. Then you can bring in investing strategies, which can then be broken down into tactics. This has to happen from the top (philosophy) to the bottom (tactics) because you run the risk of getting lost in tactics if there isn’t a guiding philosophy.

My early decision to commit to the philosophy of investing for cash flow guided all of my other investing decisions. It was my guiding light. 

This is what we teach in Freedom Founders. It’s what we teach our members and how we're teaching their kids – who we affectionately refer to as the “NexGen” group. We’re giving this younger generation (The NexGen) the ability to see forward, to see what their life can look like no matter what pathway they take, no matter what career choice they decide to make, they can still be advocates for their own financial future.

Understanding that you have the ability to be your own financial advocate is where it starts. It's never too late. If you haven't taken the right steps so far, it’s time to get clarity, get some education, and figure out how you can make tomorrow a much better one than today.