Hi Klop
Quick disclaimer before I say anything else: I'm not a financial guru. I'm a marketing guy who happens to have strong opinions about money.
But I do have a principle that's worked for me for years, and it's simple enough that I just recorded a training on it. In fact, this was recorded years ago for my customers.
Here's the short version: I don't
build my business to become a $100 million company with a hundred employees. I build it to generate income, then I take that income and put it into assets that grow it further.
That's really the whole game for me. Business creates the income. Investing turns that income into wealth.
In the training, I walk through
why I stick to just two types of investments, how I think about "middle term and long term" versus 30-day trades, and the difference between buying a stock and buying a business. Yes, there's a difference, and it changes everything about how you pick what to invest in.
Watch it in YouTube for free: https://www.youtube.com/watch?v=tegWVlmGA5k
Warm regards,
Patric Chan
P.S. I also talk about "what is passive income" and that part alone is worth the
watch.