Is Your Portfolio Prepared for an Election Fallout?
e’ve got an election coming up in just under a week
and the stakes are very, very high.
The outcome will shape how your wealth is preserved, how you’re able to build it, and most of all, how you’re able to keep that wealth from being taken away.
Our national debt is growing by leaps and bounds. Republicans and Democrats both spend like there’s no tomorrow. That debt is one of our biggest problems, and yet it’s last on the list of issues for the upcoming election.
There’s a lot of issues at stake, but how are you positioned with your own wealth? How about your freedom and autonomy (which is what wealth is all about)?
For me, wealth is economic freedom – having enough capital assets to produce cash flow so that I’m okay whether a virus shuts me down, if I become hurt, disabled, or just don’t want to deal with regulations and interference from insurance companies. I don’t have to stay in a regulated industry if I have the economic freedom to adapt, shift, and choose whether I want to work. I don’t have to worry if tax rates go to the moon or the stock market crumbles – I’m invested in assets I fully understand.
It’s not easy to do. The default mode is abdicating the responsibility of building your wealth, economic freedom, and autonomy by giving it to someone to invest on Wall Street while you focus on using your technical training to trade time for dollars.
Wall Street’s great during a bull run market, but the decade of the 2020s is probably going to be one of the most volatile we’ve had in our lifetimes. Very few financial advisors, business owners, or investors are really prepared mentally or emotionally for what I think will come upon us in the next few years. If there was ever a time to proactively focus on orchestrating your cash flow and investments, it’s now.
Alternative investments aren’t as easy as playing Wall Street, but this is where the real wealth is made. Once you have the relationships and understand where the opportunities are, you’ll actually have control of your investments.
When your money’s in a stock, bond, or mutual fund, how much engagement and direct communication do you have with the CEO, board of directors, and culture of the companies you’re investing in? You’re taking whatever advice you can get from data or financial advisors, who are also separated many degrees from where your money is.
At the opposite extreme, investing in and managing a rental property is a very direct and hands-on investment.
But what if you could have something in the middle?
What if you could invest through other people who know what they’re doing? You could vet them by actually sitting down in the same room, looking through their track record, and hearing about their exact game plan for getting through the volatile market ahead.
That’s what we’re about in Freedom Founders, creating organic relationships that allow you to direct your capital into the best places for you.
You’ve got the room, the advisors, the social proof, and the place to put your capital.
Inflation is a topic for another day, but it’s going to be a big part of this decade. If you’re not protected against that as well, all that you’ve worked hard for could be taken away by the devaluation of the dollar…
Will the election be a fallout for you, or are you positioned to take control of your investments?
P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
1. Schedule a Call with Me:
If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least $1M in available capital (can include residential/practice equity or practice sale), then click the link to jump on a quick call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to schedule a call with me directly. www.freedomfounders.com/schedule
2. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.
3. Ready to Step Away?
“How Much is Enough?” This simple question keeps hard-working professionals at the hamster wheel of active income far longer than they need to be. Watch this free training, and discover a proven model for determining how much you really need before hanging up the handpiece! www.freedomfounders.com/training