Money Mastery with Marshy #41 - Planting my First Deciduous Money Tree
Nature can teach us a lot about life, business and investing.
A few years back one of my mentors shared with me a simple metaphor of how trees can be related to investing.
In nature, there are two types of trees:
Evergreen Trees
Deciduous Trees
Evergreen trees keep their leaves all year around, whereas deciduous trees shed their leaves in autumn.
Then there are deciduous trees that produce fruit (like our mandarin tree).
When it comes to investing – investments can be ‘evergreen’ or ‘deciduous’ in nature.
It’s important you understand the difference.
An evergreen investment is one that grows in value and size – but DOES NOT produce income.
A deciduous investment is one that grows in value and size – AND produces income.
$17,628.57 in passive income last year!
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