If you want to be truly wealthy, with time and money, your going to need to start building assets. The definition of an asset is something that puts money in your pocket. It does not matter what you choose to use to get to this goal, but I highly suggest you look to create cash flowing assets rather than assets you hope to go up in value. It makes so much more sense to get paid to take the risk while you wait for the appreciation of that asset. One example of an investment I am doing right now is using other peoples money and other peoples time to create a small amount of money that I plan on using to acquire a positive cash flowing stock from its dividend. I have high hopes for this stock, and I will be paid to take on the risk.
You too can do similar investments like this through wholesaling real estate and using the gains from it to buy cash flowing assets of your choice. The rich create money and have their money work for them. If you want to be truly rich, you must create money. You can do this by starting a business, and taking it to the stock market. When you sell a portion of your company, your creating money. Your like a bank, printing money out of thin air. You can do this by adding value to a property, or wholesaling real estate or doing rent to own real estate deals. You must open your mind so you can begin to see how you too can do this. It does not need to be just real estate.
So if you want to be truly rich, the two things you must do are learn to create your own money, and start acquiring cash flowing assets. These are the true secrets to building wealth. Wealth is Time and Freedom. Money gives you the freedom to do whatever you want, and Time is everything. Do not say time is money because it will be pretty sad if all the banks started writing checks for everyone and said your life is now mine, thank you. Time is everything.
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