Lemme tell you how hard-working investors turn $1M into $500K.
They feel like if they keep tampering with their portfolio, they could increase the returns.
When their portfolio goes red, they can’t NOT do something about it.
So, they sell the stocks that are going down fast and overpay for the ones going up.
Soon, the overvalued stocks come down and the ones that were going red recover.
Then, they sell the red ones and buy the green ones, repeating their mistakes again.
If they keep doing this for the next 10 years, they will successfully turn their $1M into $500K.
That’s why we take the boring and lazy man’s way to riches.
There are four factors that affect your returns:
✅ Time: The longer you can hold your assets, the more profits you’ll earn
✅ Money: The more money you can invest in the market, the more profits you’ll make.
✅ Asset selection: Invest in good companies that are here for the next 100 years, and you’ll make good profits
✅ Market conditions: The better the economy, the fewer the wars and conflicts, the more the profits.
If you look closely, there are three things you can control: Time, money and asset selection.
Unfortunately, hard-working investors often fixate the most on the thing they can’t control: market conditions.
Instead of increasing their income, investing more money and holding their assets for decades…
They buy and sell stuff on the whims of the market.
Be the boring guy.
Increase your income, buy good quality stocks and properties and just check it once or twice a year to make sure everything is good and dandy.
If you want more strategies on how to build generational wealth, I suggest you join our private Facebook group.
I upload regular videos full of short tips that can help you:
✅ get financial freedom
✅ build passive income sources
✅ create generational wealth.
Excited to welcome you inside the group.
