Check Out These Books…
I’m not just an investor; I also pride myself on being a financial educator. As such, I am always happy to share what I’ve learned with my clients and friends. I didn’t invent any of these methods; I did my homework, read, researched and stayed open-minded to possibility. I still turn to the lessons I’ve learned from these two books:
Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity by Garrett B. Gunderson and What Would the Rockefellers Do?: How the Wealthy Get and Stay That Way … And How You Can Too by Michael G Isom Garrett B. Gunderson.
And while I would encourage anyone to read these books, I’m happy to share a few lessons I’ve learned here.
Forget What you Think You Know and Ask Questions
We are taught from a young age to save money for the future. And we also learn about standard methods for savings. I’m here to tell you that these are not always the best avenues. As Garrett Gunderson points out many times, the most common investment methods – low-interest savings accounts, 401ks, and other long-term options – are not necessarily the smartest. There are other options.
When it comes to where you put your money, you must ask questions and do your homework. Likely, you’ve thought about putting your money into a vehicle just based on what your parents did, or ‘it’s what everyone does.’ And this way of thinking has significant drawbacks. Ask questions, explore your options, and don’t be swayed by anyone saying ‘this is what we’ve always done’ or ‘this is the only option.’ It’s your money, make it work for you!
This Isn’t for Me
I speak to many people who think that investing isn’t for them. And I’m here to tell you that is not true. Everyone should take an active role in making money and creating wealth for generations. You CAN do it. And I would be thrilled to tell you more.
Making your money work for you was the most significant shift for me. And many clients have thanked me for changing their way of thinking and opening new revenue streams for them. Stop limiting your potential wealth with self-doubt and outdated strategy.
Think Bigger and Get Brave
Yes, you can diligently put your money into a safe option for retirement. And, if you are diligent, you will likely be able to retire comfortably and on-time. But what about your children or grandchildren? Think of the amazing legacy you could leave for them if you had an investment strategy that was bigger and better. You don’t have to imagine; it is possible. You must be willing to ask more from your money. And by thinking bigger, you can reap the rewards much more significant than just having ‘enough’ to retire.
If this has piqued your interest, I encourage you to read either of these books and reach out to me.
Open your mind to the possibility of much more for you and your family. You can achieve this. And you can generate wealth for yourself and for generations to come.