For years, Americans have been led to believe that if they just go through 9 to 5 corporate slog and save they will be able to retire in peace.
Let’s just say that anything that passes for conventional wisdom these days should be ignored. No joke. This kind of advice is designed to keep you mediocre.
Just look at what working at a 9 to 5 entails.
One one hand you’re trading time for money. Time is incredibly scarce. Once you waste that, there’s no getting it back.
Money, on the other hand, can be lost but it can still be regained in an instant if you have the right skills.
Let’s not get started with outsourcing and mass migration. We live in a global marketplace, where not only goods and capital are moving across borders, but also people.
As a result, companies are always looking to cut costs. And they will do so by outsourcing labor or even importing migrans who will work for much less.
American workers of all skills are now under constant pressure thanks to the endless pool of labor that can be imported abroad. This places downward pressure on wages and puts American workers in a perpetually precarious spot.
And let’s not forget about woke capital. You’ve probably noticed in the last few years how major corporations are jumping on the radical LGBT and Black Lives Matter agenda.
They’re not just putting out flyers in support of these causes, these companies are also implementing policies in the workplace where not only your speech and mannerisms are being policed by HR, but so is your activity outside of the work.
Hold the wrong political views or post a spicy meme outside of work? Well, that will get you canned in a jiffy!
Wokism has added a new dimension to office politics that will make working in the corporate world practically unbearable.
To be sure, we’re not saying to immediately quit your job.
That would be reckless and negligent on our part. Any big decision you make with regards to your finances or career should be well thought out.
No matter how bad things are going with your work, never make decisions based on sheer impulse.
Instead, stay cool, calm, and collected. From there, you can do proper research on how to get out of your current pickle.
As you do research, you’ll likely come across material that says real estate investing is a viable strategy to build wealth.
You’re initially skeptical.
You remember the housing collapse of the early 2000s. The alarming amounts of foreclosures and drastic drop in housing prices has you scared to get into this field.
However, what if I told you that these worries are misplaced?
You see, most of the volatility you see in housing collapses takes place in cyclical markets. In other words, markets where there are marked shifts in price that reach highs and lows. In effect, they are a rollercoaster ride.
Instead, you should consider getting into income property investing in linear markets where prices are much more stable and move upwards in a slow, yet gradual manner.
That’s where the steady cash flows are made, and most importantly, the principal foundation for a robust income property portfolio.
This is something our very own Jason Hartman has talked about during his multiple decades in the real estate space.
Income property investing is no get-rich scheme, but it’s a proven strategy to building wealth.
There are various ways to build wealth out here, it’s just a matter of you doing your due diligence and taking action once you’re confident about finding a viable wealth-building mechanism.
One newly emerging way to build wealth is private equity, something that investor Sachin Khajuria is a major advocate of.
Our very own Jason Hartman, had a pleasant conversation with Khajuria to discuss private equity and why it has a promising future for those of who want to build wealth and maximize our return on life.
Make sure to check out Jason’s video “Private Equity Firms Control More Wealth Than GDP of Some Nations!” to learn more about the benefits of private equity.
P.S. Are you serious about maximizing your return on life?
Make sure to check out Empowered Investor Pro.
It’s the leading community of income property investors who are serious about optimizing their income property investing experience and becoming truly financially sovereign.
By joining this community you’ll get the chance to receive high-level advice and strategies from experienced members and expert guests on income property investing.
Consider these the cheat codes to real estate investing.
Are you ready to level up?
Join Empowered Investor Pro here:
https://www.empoweredrei.com/empowered-investor-signup1
