I remember hitting my first “Now What” milestone and thinking to myself, “Ok, I’ve heard I need to start investing 15% of my income. So…..how do I do that?” I read a few books, googled “investing” on the Internet, asked my dad for his advice and then did what everyone else does…..found a financial advisor who opened a Roth IRA for me and started contributing every month to the stock market in the hopes that it would magically turn into millions of dollars by the time I retire.
Now, I don’t know about you, but I’m not good at hoping and wishing. Yes, I see my quarterly Mutual Funds report and think, “Sure, it’s growing, but not very fast. I suppose I need to keep waiting.”
I. Hate. Waiting.
Also, what am I waiting for? Retirement? What is retirement anyway? I’m not sure if I even like the idea of retirement. Pretty sure I’d rather not wait to spend a month hiking the Appalachian trail, or riding elephants in Thailand, or eating chocolate as I ski in the Swiss Alps.
May I suggest another path? The path less traveled?
Investing passively in real estate is a much safer vehicle than investing passively in the stock market and it produces higher returns. And apartment buildings are the best asset class out there because of the strong demand.
Now that you are making a good income, it’s time to put that money to work. You worked hard for your money, now it should work hard for you. Consider joining our investment group and we will help you every step of the way. Soon you can join the rest of us who can proudly say we own an apartment building.