For years, I thought every American should be investing. After all, it’s the American dream to work hard, build wealth, own property, and lead your family to financial prosperity. But I’ve changed my tune after recent events, probably for good. I no longer think most Americans can handle the pressure of owning businesses, real estate, or an extensive investment portfolio. So, my question to you is, can you handle what it takes to build something great?
Over the last few weeks, I’ve seen a “war” on Twitter break out against general partners and real estate operators, with passive investors attacking them for providing sub-optimal returns. Did these general partners do anything wrong, or were they merely acting to defend the asset that provides their investor’s returns? This made me think, “Am I next?”
In this episode, I’m taking time to break down my investing philosophy and explain why my mind has changed about everyday Americans investing. Make no mistake: You CAN build substantial wealth investing in real estate, especially in 2024. But if you’re not ready to take your fair share of bumps, bruises, and scrapes along the way, you might as well just get out now.
Insights from today’s episode:
- The latest Twitter “war” against investors and why everyone is up in arms
- Who should (and definitely should NOT) be investing in 2024
- The opportunities that you can take advantage of NOW that most Americans ignore
- Why the middle class is struggling in today’s economy, and why most won’t build wealth
- Millennials’ profound misunderstanding of how markets and investing work
- What to do now if you want to get ahead of the masses and the danger you must be prepared to face
