While the stock market continues to show significant volatility, and less risky asset classes such as treasuries offer little to no return on investment, commercial real estate continues to provide an excellent risk/reward profile to investors. There are six unique reasons why investing in commercial real estate is an excellent choice for your legacy wealth portfolio.
Having a legacy wealth budget is not just about wealth accumulation, it’s about embracing our ultimate purpose of being a good steward with everything you have been blessed with. As a good steward of your resources, you understand that you are to make every effort to grow whatever you are given.
It is important to think through the value of your estate, what happens to it when you pass away, and what impact it will have on your family.
Debt is a serious threat to your financial security because it keeps you from making the most of your money. Whenever you take out a loan or charge something on a credit card, you’re simply borrowing from your future income.
What you do with your money today will have exponential impact over time due to the magical effect of compound interest!
Life insurance allows you to protect your family and loved ones.
Make establishing and building an emergency savings a priority in 2021 because it is very expensive to be financially unprepared in America.
Start the new year off by putting a plan in place that will change the financial outcomes for you, your children, and your children’s children. The most important aspect to getting that plan in motion is to have a legacy wealth building budget!