Here’s the trick… You get your financial order of operations together. Emergency fund, all of that stuff… Secondly, you build yourself a brokerage account. You work your tail off to get that account up to about $500,000. Then… You leverage about as much as your brokerage will allow you to lever. Say it’s 30% you use that 30% to buy a small investment property. 2 to 3 bedrooms… You get a property manager and section 8 the property. Essentially guaranteed market rent you use that rent to pay yourself back… Then you either leverage the property that you paid for in cash… Or you leverage your portfolio again to achieve the same thing. You get yourself about 10 rental properties and your cash flowing in upper middle class to wealthy lifestyle with minimal amount of debt
Thank you for the video. I am still working on building up the ETF baseline. I have had success picking quality stocks over the last few years but locking in the gains and creating a tax event doesn't seem efficient at scale. I cut all my individual stocks for low cost ETFs to implement the Buy Borrow Die strategy. I appreciate all your knowledge!
Look at the concept of covered calls. It’s when you own 100 shares of a stock or an ETF. You’re able to use that hundred shares as collateral to write premium and pay yourself within the portfolio. For example, say you owned 100 shares of Exxon mobile. The cost of the stock is currently say $110. You don’t believe that the stock is going to go above $115 a month, you write and insurance premium that says if Exxon goes above $115 you can take my shares. But you make$.75 per share in premium. If Exxon goes above 115… You keep the gains you keep the premium, but you lose your shares, predictable ETFs, and stocks, acquiring 100 chairs of them… You can really boost your returns that way.
I love your content and how relatable that is to me. I am very intrigued by how you go strong about business as a wealth creation pillar, it would be great if you can have a dedicated video about how people can go about it. Thanks again and keep the excellent content up!
What do you think about mortgage note investing for non accredited investors? Seems like 14-15% is pretty achievable for yields. Of course you are getting return on principle so you have to be diligent about reinvesting to compound.
He's going to buy when there's a crash. Also he's too big to buy most companies, he would push up the price so much that if he tried to sell the price would crash. Maybe he could do the S&P 500, but he's a stock picker.
Well getting 10 % is extremely easy Buy S&P 500 and sell 1 year calls and boom you got already close to 15 % , do the poor man strategy and make more than 20 % Same for qqq Buy TLT at 4 % and sell one year call boom 10 % Buy any reits and sell calls Buys any dividend yield stock and sell one year calls Etc…. I don’t even start with high probability spreads 😂😂😂 10% is child plays
Here’s the trick… You get your financial order of operations together. Emergency fund, all of that stuff… Secondly, you build yourself a brokerage account. You work your tail off to get that account up to about $500,000.
Then… You leverage about as much as your brokerage will allow you to lever. Say it’s 30% you use that 30% to buy a small investment property. 2 to 3 bedrooms… You get a property manager and section 8 the property. Essentially guaranteed market rent you use that rent to pay yourself back… Then you either leverage the property that you paid for in cash… Or you leverage your portfolio again to achieve the same thing. You get yourself about 10 rental properties and your cash flowing in upper middle class to wealthy lifestyle with minimal amount of debt
What about section 8 destroying the property?
Your channel is way underrated. Might be for the better tbh
Understanding taxes really help me on this entrepreneur journey
💯
@@sharonwinsmith Would you be willing to help me evaluate businesses to take over?
I don't do any consulting work anymore but thank you for asking!
If you're using fiat currency to invest, then by default you're investing in debt with debt. Gold is the money.
Yes 2yr bonds ROI% is higher than 10yr notes which is crazy to me SMH
You know my thoughts on bonds 😂
Yes ma'am 😂
😂😂
Well.....the yield curve inversion isn't an absurd concept though.
No so absurd if you know what you talking about
How do I contact you? I need to get my financial situation back on track
Curious to know what investments are giving 10% after-tax. What is the best way to contact you?
Thank you for the video. I am still working on building up the ETF baseline. I have had success picking quality stocks over the last few years but locking in the gains and creating a tax event doesn't seem efficient at scale. I cut all my individual stocks for low cost ETFs to implement the Buy Borrow Die strategy. I appreciate all your knowledge!
Thank you for watching! Best of luck to you!
Look at the concept of covered calls. It’s when you own 100 shares of a stock or an ETF. You’re able to use that hundred shares as collateral to write premium and pay yourself within the portfolio. For example, say you owned 100 shares of Exxon mobile. The cost of the stock is currently say $110. You don’t believe that the stock is going to go above $115 a month, you write and insurance premium that says if Exxon goes above $115 you can take my shares. But you make$.75 per share in premium. If Exxon goes above 115… You keep the gains you keep the premium, but you lose your shares, predictable ETFs, and stocks, acquiring 100 chairs of them… You can really boost your returns that way.
I love your content and how relatable that is to me. I am very intrigued by how you go strong about business as a wealth creation pillar, it would be great if you can have a dedicated video about how people can go about it. Thanks again and keep the excellent content up!
Thank you! I will put that on the list!
Great video. Just wondering if you’re a Buffett disciple, but don’t invest in individual stocks, would you make an exception for BRK.A?
I would never invest in individual stocks, especially one that was heavily reliant on the expertise of a 90+ year old (even if he is the goat).
Hahah @7:50, that's exactly when I tell the doomsdayers! You'll have much bigger problems than the collapse of the stock market.
Absolutely! I can't imagine a scenario where the financial markets have completely collapsed and I'm thinking - thank god I have those bonds. 🤷♀️
What do you think about mortgage note investing for non accredited investors? Seems like 14-15% is pretty achievable for yields. Of course you are getting return on principle so you have to be diligent about reinvesting to compound.
It’s not that you are doing it wrong, you have to find your own method/style
Super solid financial info. Greetings from Tenerife.
Buffett is holding over 100B in cash/bills right now. How come?
He's going to buy when there's a crash.
Also he's too big to buy most companies, he would push up the price so much that if he tried to sell the price would crash.
Maybe he could do the S&P 500, but he's a stock picker.
Great advice and points.
Thank you!
Completely agree. Get the word out!
Good afternoon happy Sunday coach!!
Same to you!
Love your videos. Great info. Thank you
Well getting 10 % is extremely easy
Buy S&P 500 and sell 1 year calls and boom you got already close to 15 % , do the poor man strategy and make more than 20 %
Same for qqq
Buy TLT at 4 % and sell one year call boom 10 %
Buy any reits and sell calls
Buys any dividend yield stock and sell one year calls
Etc….
I don’t even start with high probability spreads
😂😂😂
10% is child plays
@phmg7516 Please do a video on your strategy!