Besides Stocks What Else Can You Invest In | 553

In today’s episode, we’re not going to talk about all the kinds of investments under the sun, but we are going to talk about the investments that can give you financial freedom. There are a lot of options to make millions and it’s better if you have an idea about them before you get involved! 

Listen now to learn more about real estate investing, the different strategies and facets of real estate, and other investment options you have outside of real estate!

Key Talking Points of the Episode

[01:17] Money Ripples new online calculator

[01:30] Invest with preREO! 

[02:25] What should you be investing in? 

[03:13] Traditional retirement accounts

[08:14] Appreciation of your equity

[08:55] Running the numbers

[10:05] The real estate market

[12:36] Investing in self-storage

[14:53] Investing in commodities

[18:00] Working with clients 1-on-1

[19:00] Reach out to us at Money Ripples

Quotables

“First off, we don’t give recommendations because every person has a different, unique situation. Second, it really depends on what you want to do.”

“Honestly, real estate is probably one of the best places you could put your money.”

“Cash flow is what we bank on. We don’t bank on appreciation, cash flow is the key thing.” 

“If you buy rental real estate, you get tax advantages, cash flow, equity, and appreciation.”

“There’s millions of ways to make millions of dollars. Do you really think that you have to keep doing stocks and mutual funds to get that result?”

“That’s the one thing you can count on - that you will not be able to create enough wealth to be happy or to be financially free, unless you live like a pauper in retirement.”