As America and the world brace for a potential recession, it’s crucial to approach the situation with a strategic mindset. You can either fear the unknown and merely survive, or seize the opportunity to prepare and thrive. As Warren Buffett famously said, “Be fearful when others are greedy, and be greedy when others are fearful.”
Knowing what to do in a volatile market can be challenging. The gap between elite and everyday investors often lies in the elite’s secret playbook for building wealth. They advise trusting the market while keeping the best strategies within their inner circle.
To elevate your investing game, there are three key strategies to implement. First, create passive income. This is the ability to earn money without active effort, and it’s crucial for financial freedom. While many people invest in the market, it’s not enough. You need to accelerate your money cycles, or the time it takes to invest and see a return.
For instance, if you’re a real estate investor, you might buy a house for $100,000 and sell it for $200,000 after a year. That’s one money cycle. Now, you can invest $200,000 in the next house for a similar return. Imagine doing this with multiple cycles simultaneously, creating more revenue every few months. This strategy can also be applied to the stock market, but there are other, often overlooked, investment strategies that can accelerate money cycles.
The second strategy is tax efficiency. As Benjamin Franklin said, “A penny saved is a penny earned.” Protecting your money from unnecessary taxes is vital for building and preserving wealth. The ultra-wealthy have teams of experts to help them do this, and you should follow suit. Find experts who can guide you in the right direction.
Lastly, consider alternative investments. High-worth individuals are increasingly moving their money away from the volatile stock market to preserve their wealth. In fact, more than 50% of their investments are in alternative vehicles, according to a report by The Motley Fool. These investments have grown rapidly, reaching $13 trillion in assets in 2021 and are projected to hit $23 trillion by 2027.
Accessing these vehicles may seem daunting, but with the right experts, it’s possible. The Invest Wealth Summit is a platform that can guide you to these alternative investment vehicles and exclusive wealth-building strategies. This year, the event will feature speakers like Tucker Carlson, Buck Sexton, Tudor Dixon, and Lisa Boothe, who will discuss the principles outlined in this article and the trajectory of our country over the next 12 to 15 months.
Tickets for this event are selling out, so secure your spot today and learn more about America’s greatest investment event of the year.
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