A lot of people want to pursue the romantic idea of passive income.
They wanna make money without working.
Although passive income is your ticket to true financial freedom, it comes with some problems.
First, passive income is always taxed.
If you’re receiving $100K in passive income, you’re guaranteed to pay at least $25K in taxes.
On the other hand, capital growth assets don’t trigger taxes unless they’re sold.
So, if you’re investing in capital growth assets and are holding them for 20 years, your wealth will compound at 25% extra rate year after year.
By the end of 20 years, you’ll have far more wealth than the guy who only invested in passive income assets and paid taxes.
But, of course, buying capital growth assets may not be the right choice for everyone.
If you’re in your 50s and are planning to retire soon, building passive income assets should be your main focus.
You can’t afford to wait for 20 years to finally enjoy the fruits of your labor.
On the other hand, if you’re in your 20s and are planning to build generational wealth, buying capital growth assets is gonna be the best strategy for you.
There’s no one size fits all strategy for everyone.
Your investment strategy should depend on your specific goals.
If you need some help in:
✅ defining your 20 year goals
✅ designing an investment strategy that helps you achieve your goals and build the lifestyle you want for you and your family
✅ build a system that automates the whole process so you stay consistent…
We would love to have a chat with you. Book a time HERE.
