Be aware of these get rich quick schemes. The path to wealth is not easy, but it is surprisingly simple.
Check out the full react on our YouTube channel! The show is called “Financial Advisors React to INFURIATING Money Advice on TikTok!”
Check out the full react on our YouTube channel! The show is called “Financial Advisors React to INFURIATING Money Advice on TikTok!”
moneyguyshow
2024-03-31 17:14:58
you want to retire with ten thousand dollars a month at age sixty you gotta look in your bank account and have three point four three point five million or you just listen to what austin and i are talking about sli ten airbnbs and boom you're done you go buy two apartment buildings boom you're done and i guarantee if you use average debt towards it within two years you can have an apartment building and you're freaking anybody can go out and just buy ten airbnbs anybody can manage apartment buildings this this whole brochure of how easy it is to create wealth through this rails this is far from passive income it's also got a lot of risk because it's back to if you're using leveraged debt
and people quit paying the rent and the quintin book taking your bookings plus you have higher maintenance you could quickly see that this gets upside down very quickly don't cut the corner off of wealth creation there's actually a path where you just take a little bit today to build that great big deal for tomorrow start investing as soon as you can just put some money into action so you can actually build that financial independence
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