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.
This week I will discuss the third leg of my legacy wealth portfolio – real estate debt investing. A real estate debt fund is a common resort for experienced real estate developers and investors. It gives them access to short-term capital for real estate projects. As a commercial real estate investor, I invest in commercialContinue reading “Building a Legacy Wealth Portfolio: Real Estate Debt Funds”
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.
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.