AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
#10: Justin Donald
The BetterLife Podcast: Wealth | Real Estate Investing | Life
How to Invest in a Company or Buy One
So what are some of the criteria that you now today look for when you're going to either invest in a company or buy one? So my first commandment to lifestyle investing, to cash flow investing and to the path for passive income and financial freedom is lifestyle first. That's huge. I can make an investment in an asset that produces income that doesn't require my time. And that's followed quickly by my second commandment, which is to de-risk the deal. Rule number one, don't lose money. There are investments that the worst case scenario on that investment, you cannot lose all your money. If done right, if proper due diligence is done, if homework is done
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode