Georgia and James bring a different problem to the table than we’re used to hearing about. In this one, we zoom in on where, exactly, their net worth has come from… and the real risks of these decisions.
Having done well in the real estate market, Georgia and James just closed on a fourth property. The glaring issue is that they’re all located in the same neighborhood, amping up the risk of this investment class quite considerably.
Georgia is becoming increasingly anxious in the shadow of this risk, urging a diversification from their overloaded 98% commitment to housing. James is not unwilling to hear the argument, which makes this episode more direct and tactical—I love it. There’s a lot to learn here.
The biggest question we can ask in this case: Why are they even doing this? What is the end goal? Their answer paints a clear picture of what they need to do.
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Produced by http://crate.media/ (Crate Media).
Mentioned in this episode:
Announcing: I Will Teach You To Be Rich: The Journal!
https://bookshop.org/books/i-will-teach-you-to-be-rich-the-journal-no-complicated-math-no-more-procrastinating-design-your-rich-life-today/9781523516872 (No complicated math. No more procrastinating. Just eye-opening exercises & powerful prompts to rewire your money beliefs and design Your Rich Life. Officially releasing on September 13th – PRE-ORDER NOW to reserve your copy from an independent bookstore or at Amazon.com.)