Jan 7, 2021
The journey to financial freedom begins when we learn the truth about money, see what the wealthy do with it, and most importantly, implement it in our own lives.
We’re currently living through some of the most economically volatile times in our nation’s history. Times of great uncertainty are also times of great opportunity. These are the times that turn people into millionaires and set them up for a future without financial stress. How we navigate this current economy can be the key to wealth, freedom, and legacy.
We created The Money School Essentials event to help you gain the knowledge that will change your financial reality. What can you expect from our line-up of coaches?
What are the 3 pillars of The Money School we teach our students? Should we take advantage of the stock market highs we’re seeing right now?
Today’s episode of Real Estate Money School is special because it’s our 100th episode. I’m joined by one of my business partners Stephen Nagy to discuss our upcoming event and the most important strategies for taking control of your money.
Three Things You’ll Learn In This Episode
What the stock market tells us about the near
future
The stock market is very high right now, but that doesn’t mean we
should be investing in it. With speculation so high, this is when
we should be most cautious. There are so many alarm bells and signs
that a drop in the market is coming. The best thing we can do right
now is to prepare for a downturn.
How to navigate the biggest challenges of real
estate
The two things stopping people from getting into real estate are
the concept of property ownership and a perceived lack of funds.
The truth is, you can get into real estate with little to no money,
and you can make a substantial profit by just being the person who
finds the deals.
Why our money is useless when it’s not in
motion
In order for our money to work for us and for us to get the
benefits of compound interest, it has to be in motion. If our money
sits still, we can’t apply it to any wealth-building strategies or
use it to create freedom for ourselves. Becoming your own bank is
the most powerful way to put your money into action.
Guest Bio-
Stephen Nagy is a real estate and financial professional, business and investing consultant, speaker and trainer, partner at The Money School, and professional Realtor at Waterfront Properties.
To sign up for The Money School
Essentials 3-day virtual event on January 22nd - 24th 2021 and get
a free t-shirt, visit https://www.moneyschooltraining.com/registration.