When you establish a legacy whose foundation is built upon wealth building, health promotion, emotional wellbeing, and discipline – that is a priceless gift to provide to your family.
You can have a portfolio that enables long term wealth creation with opportunities that you can leverage, make money on, and enjoy now by investing in vacation rentals.
You do not have to try to pick the winners in the stock market to achieve steady long-term growth. A proven strategy is to invest in the market itself. ndex funds enable passive investing, broad diversification, low costs, and provide attractive returns. Historically, index funds outperform other types of funds that are actively managed by top investment firms.
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.
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.
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!