How to Grow Your Wealth Like the Real Estate Moguls Do
by Brian Skrobonja, Chartered Financial Consultant (ChFC®)
Jun 19, 2022
4 minutes
Many investors are plagued by contradictory behavior where they adopt a pro-risk attitude with their investments, but when it comes to the strategies we are about to discuss, they take on more of a scarcity mindset.
It is well known that entrepreneurs and real estate investors create the most wealth in the world. I am going to explain how you too can benefit from the same strategies the wealthy use to create wealth.
But first, we need to identify what makes these two categories of people better positioned for wealth creation than others. I believe there are three things that set them apart:
- They leverage other people’s money to grow their wealth.
- They continue to benefit when the assets they own appreciate over time.
- They enjoy exponentially greater cash flow from the leverage and operation of their assets.
No. 1: They leverage other people’s money
Most often when a
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