Start to build up that cash because rookies always stay invested.

They invest early, always, and often.

They're told to be mindless drones, the dollar cost average, that wait for 30 years,

that they're in it for the long haul, but instead, professionals sit on cash,

and then they pounce when the opportunity is right.

You're listening to Freedom Fastlane, presented by Capitalism.com.

This is the show about building businesses and investing the profits so that you can live life on your terms. Garrett Gunderson is the man that the world's wealthy turn to in order to maximize their wealth.

In this presentation from the Capitalism Conference, Garrett shares with us his strategies

for investing and creating generational wealth that

will leave a legacy.

Most entrepreneurs are oblivious to the strategies of the 1% and how to invest in assets that

will give them upside, cash flow, and tax benefits.

So you may want to take notes or listen to this one more than once. Enjoy.

You know, I hear the word generational wealth as they kind of introduced me, I hear about like what the 1% do.

And yet I think back because David and I were in Italy this summer together.

I invited him out to our villa when we were there for a few months.

And the reason I went there was to reconnect with my roots.

See, my great grandfather left Italy in 1913, which is an interesting year to choose to leave, because the reason he left

is because he was being taxed so heavily by the Italian government and the mob because he lived

in San Giovanni. And when he left, he had to leave his wife who was pregnant with their first child.

And then he got on a ship. He had Matsasoli, which is honeybread, so that it wouldn't spoil,

not sure he had enough food to make it all the way to the United States in the name of making

...