78: Why You've Changed As An Investor

Get Rich Education

Keith Weinhold

Realestateinvesting, Income, Passiveincome, Money, Business, Wealth, Investing, Careers, Realestate, Kiyosaki, Real, Rich, Creatingwealth

4.3 • 602 Ratings

🗓️ 8 April 2016

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#78: You’re a better investor today than yesterday. Here's why you’re going to be an even better investor tomorrow.

How the $15 minimum wage will enrich you.

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities.

Listen to this week’s show and learn:

00:57 Why you - and everyone - is an investor.

02:15 Do you pay cash for a car or instead do you get a car loan?

06:40 In business and real estate investing, the product is often least important thing.

08:28 People, process, and product.

13:40 Stereotypical wealthy-sounding names.

18:48 Why it’s difficult to anticipate stock market movement.

21:07 Why a $15 minimum wage is good for you.

Resources Mentioned:

“The Profit” TV show with Marcus Lemonis.

City-Data.com | BLS.gov | NeighborhoodScout.com - For real estate market research.

NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property.

RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you.

MidSouthHomeBuyers.com - Cash-Flowing turnkey real estate in Memphis, TN.

GetRichEducation.com - that’s where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events.

Download the GRE Android App at Google Play to keep the GRE icon right on your phone’s home screen!

Want a free GRE logo decal? We would be so grateful if you wrote a review! Here’s how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] We’ll send you a GRE logo decal.

Transcript

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0:00.0	Get Rich Education is brought to by Norrata Real Estate and Ridge Lending Group.
0:10.8	Welcome to Get Rich Education with Keith Weinhold, giving you information and ideas on the investment that has turned more ordinary people into millionaires and billionaires
0:22.7	than anything else and can provide you with more wealth and happiness than you ever thought
0:28.2	possible. Now, here's your host, investor, entrepreneur, business owner, and educator, Keith
0:36.2	Weinhold.
0:47.2	Hey, welcome to Get Rich Education, episode 78. I'm your host, Keith Weinhold, now heard in 161 World Nations. I really appreciate that you're here to create wealth for yourself another week,
0:53.2	and you're here because you are an
0:56.0	investor. Yes. How could I possibly know that you're an investor? Because we're all investors.
1:02.7	In fact, you're investing your time listening to this right now. Well, so what thought patterns
1:08.9	are going to make you as successful investors throughout your life?
1:12.3	We're going to get into that today because over time, you will change as an investor.
1:18.7	What you invested in five years ago, that may very well not be what you would choose to invest in today.
1:26.2	And what you would choose to invest in today, And what you would choose to invest in today,
1:28.5	you know what? You may very well not want to be investing in that in another five years,
1:34.0	okay? Well, that doesn't mean that you stop investing. In fact, it's just the opposite because
1:39.8	when you're an engaged investor and you close on a deal, that's when you understand it best from the inside. Okay? That's when you're an engaged investor and you close on a deal, that's when you understand it best from the
1:47.1	inside, okay? That's when you collapse time frames and migrate to better and higher uses
1:52.9	and better and higher investments. And that action taking is exactly where you grow the fastest.
1:59.4	So today we're going to talk about changes in your life,
2:03.7	your experience, and even changes in the economy that in turn changed your investment decisions.
2:11.6	Now, just think about financing a car. When you were a teenager, you thought it was best to pay cash for a car. And then
2:21.4	later in life, you thought a loan was better, and today you may very well want to pay cash again.
	...

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