56 min listen
222: Finance Friday: Are You Too Over-Diversified In Your Investments?
222: Finance Friday: Are You Too Over-Diversified In Your Investments?
ratings:
Length:
94 minutes
Released:
Aug 13, 2021
Format:
Podcast episode
Description
Investments galore! This week, we talk to Jeana and Scott, a couple with a hefty amount of investments under their belt. We know what you’re thinking, “what type of stocks and real estate are they investing in?” This is where you might be surprised. Jeana and Scott are investing in three gyms, a gas and oil investment, a documentary, a 24-unit apartment building, a 52-unit apartment building, a senior care business, and...a $20,000 dog! Seriously! This is one of the most diversified couples we have ever had on the show!While it’s great to have investments spread out over multiple different asset classes, Scott and Mindy want to help the couple come up with a more systematized and formulaic approach to wealth building. Since they both have well-paying jobs, once they set up a “set it and forget it” type investment strategy, they won’t be too far away from reaching FI.If you’ve ever had an interest in running a memory care facility, dog breeding, or investment clubs, this will be a great episode to listen in on!In This Episode We CoverDiversifying your investments into multiple different asset classesKnowing which investments are likely to make a return and planning for those that won'tSetting up a system for wealth creation so you can develop an early retirement planInvesting in multifamily real estate like apartment buildings and senior living homesUsing government benefits to maximize wealth as quickly as possibleInvesting in an Airbnb property and which markets make the most sense for itAnd So Much More!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 13, 2021
Format:
Podcast episode
Titles in the series (100)
#05: Jump Starting your Early FI Plans by Live-in Flipping with Mindy Jensen: Mindy was born in a small town, and then she moved and moved and moved. In fact, moving doesn’t phase her at all, which plays right into the core component of her investment strategy -- The Live-In-Flip. Mindy moves every two years to take advantage... by BiggerPockets Money Podcast