There are three great mountains of financial freedom. Each mountain is different from the others. However, each mountain can be very important for your long-term financial success. Investing in the whole range will give you the security of diversification and constant exposure to the hottest options.
The income is different from each of these mountains, 10 in fact. The goal is to pour several streams of money from each mountain into the reservoir of prosperity where you are accumulating. These are not just ordinary income, they have gone through the formula of the money tree. You want income that comes into your life 24 hours a day, even while you sleep.
MOUNTAIN REAL ESTATE
This is an extremely important part of your financial freedom plan for the rest of your life. There are hundreds of books on real estate. I should know. I have written three. Each of these books is full of strategies, techniques, and tips. If you want to succeed in real estate investing, remember this …
You need to know how to FIND trading properties, how to FINANCE those properties, and then how to FARM, or reap the benefits of each deal. There are thousands of properties for sale in your city, but you can eliminate 99 percent of them by considering the best options first. Then you can worry about the funds needed to get them. Then you decide to make a long-term profit or turn a short-term profit. It sounds simplified, but that’s the bottom line with the world of real estate investing. Find it. Finance it. Farmer.
The same goes for the investment mountain. The stock market has more than $ 10,000 in individual stocks and almost all other mutual funds. Like real estate, there is a formula I use to filter those stocks. Here’s what you need to know.
Screening and Filter
Enter the season
Using simple, understandable filters, you can browse the market gravel and find one or two nuggets. Using the power of inexpensive tools, you can know exactly when to buy and exactly when to sell. The results will surprise you.
There are literally tens of thousands of “offers” out there. So how do you choose the right business opportunity for you? Again, you use the money tree formula to filter out all the options and then you can start reducing them even further. You just have to be more discriminating with the help you render toward other people.
I have done some research for myself and found 4 business areas that have the potential to generate significant amounts of revenue.
The core activity behind all of this is marketing. That’s why I call it Marketing Mountain. Whether you’re selling ideas, a service, or a product, nothing happens without marketing. Even the best books are worked on in a dusty garage without marketing. Your website is just a multimedia poster in a corner of your basement without being marketed. It is very important then to learn to market, because the one who sells the best wins. And we all want to win our business.
So what kind of money do you want to climb? Luckily for everyone, right? Each mountain needs a unique set of skills, and it is important to develop those skills so that they can be used when needed.