Jake and Gino Real Estate Entrepreneurs Opportunity and Freedom of Choice
“People with financial intelligence can change the world for better.’- Jake Stenziano
On this episode, Jake and Gino are discuss the contrast between U.S. and European economic systems. They share their list of pros and cons of both, and what to consider when choosing one of them to live in.
When looking at traditional family culture, and enriched values through food and faith, Europe tops the list of places to live and is one of the most beautiful countries in the world. However, the downside includes big factors such as disorganized laws regarding citizens’ rights, low economic growth rates, and less-effective financial systems.
There seem to be more avenues to make money in the United States, through entrepreneurship. But- when comparing pros and cons- the U.S. is a far more expensive economy to live in, with high tax rates challenging your savings, investments, innovation and allocation of resources in various ways.
What is important, is that you have the opportunity and freedom of choice. This freedom of choice however comes with the responsibility of being financially intelligent. We cannot decide properly for our futures without being educated on these important economic systems, and what each can mean for you and your family.
Key Insights:
00:00 Introduction
02:00 Pros of living in Europe, specifically Italy- family, faith, food and tradition
08:33 Living in America: It’s about living proactively with responsibility in U.S.
09:20 Power of choosing the place to live in, especially for Real Estate Investors
11:42 What economic factors can hurts the lower-to-middle class?
15:09 Caution: Tricky property rights that can lead to no rights to property you inherit
19:30 Wrap-up
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The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Jake and Gino are not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.
About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate.
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About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino here --> https://jakeandgino.com.
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