The Markets Are Changing

Is Your Financial Plan Adapting Accordingly?

The markets have experienced volatile changes in the last several years.

I recognize that we all desire things to stay constant. Change is difficult.

We’d love to find one model, one game plan (business, personal, or investment plans) that we could set up and leave to work on its own. We don’t want to revisit, revise, or make any major changes to it.

That is perfectly normal. We all want it. I want it. But I learned very early in life, that is not the way the world works.

What does that mean for us?

Finding Focus and Clarity Amidst the Noise

We have to be more diligent and willing to adapt and pivot. Yes, it is tough, especially when you're busy. Busy with life and all its curveballs, it is difficult to keep your fingers on the pulse and know what to do with the information available to you.

That's why I actively participate in many different groups of like-minded individuals facilitated by a great leader. Participation in groups like this is the key to solving problems and provoking thoughts not available in daily life.

Our daily life is busy. We focus solely on the task at hand. That’s why it’s critical to have a place to pull back from the grind and get a larger perspective.

We need to be able to get off the treadmill for a moment and analyze what is important to us. We need higher elevation now and then to evaluate if we’re still heading in the right direction.

The Grind is Not the Point, Something is Missing

Working hard, being on the treadmill, treading water has its merits. It's nothing to be ashamed of. You can live a good life. Provide for your family. You're not uncomfortable. You're not living paycheck by paycheck. But you know something is still missing.

Community is so important – Photo from the Freedom Founders Member Event in April

That was the place I was in 17 years ago when my daughter was dealing with a liver transplant due to the illnesses she'd experienced in her life.

I had to take a moment to ask myself, “What is this life all about?”

I was successful by society’s standards. I was married. I had a child. I had a dental practice and things were going well. But things were not going well and not just because of my daughter's health. Even though I did all the “right” things by what society tells you, my life was not going well.

I was torn. I was conflicted. I needed to be there with her, but I also had to manage the finances and the practice. There was a hard lesson I learned here (one of many). I learned that my plans need to be able to change. No matter how much you calculate, if you don’t add in flexibility or adaptability, you will not be prepared for what life throws at you.

This Market is Heading for Trouble

The markets are experiencing heavy changes. We’ve experienced some of the fastest rate hikes in modern history, the impact of which will have a lag effect that hasn’t fully been realized.

Whatever plan you have. Whatever success you think you earned. Don’t take the hard work you’ve put in as a sign that the future will go the way you want.

I'm not trying to scare you and make you think that your plan is not going to work.

I aim to encourage you to look at your plan. The markets will not be as kind to us as they have been in the last decade or even in the last 40 years (since 1980 when interest rates started declining).

We can not keep floating the amount of deficit spending, and the high national debt, we have AND fight inflation at the same time.

There are too many balls to juggle in the air. Things will not happen the way the government says it will.

What Can You Do About the Volatility in the Markets?

Learn how to take your capital, the money you've saved, and make it work for you. Learn how to orchestrate more control of your investments. If you want to learn fast, you need to learn from those who have done it already. It doesn’t have to be me, but they do have to have proof that they’ve done it.

I can't get my money working for me on Wall Street. Not enough for it to take care of my burn rate and give me peace of mind. I don't know how to do that on Wall Street, but I can certainly do it with tangible assets. 

Tangible assets exist in an inefficient marketplace. Inefficiency is what gives us retail investors the ability to play in those markets and fill the void that big money, hedge funds and retail banking platforms, cannot fill.

That's the opportunity we have in tangible assets.

I started investing in tangible assets (real estate) when I was in my 20s. And I've worked my way up to where I am now.

We have an entire community (Freedom Founders) with the infrastructure, access points, and education to where our members (business owners and doctors) can take their plan and move forward with certainty and measurable milestones, instead of a guessing game.

Do you have enough? How can you get out of practice? Do you have a financial plan that you can have confidence will provide in an uncertain future?

We build a plan that allows you to implement it with the help of the entire community.

It is what's worked for me. It may not be for you. But if you have any inclination to see if there's something that would apply to your life and your goals, reach out.

To your freedom!

– David

 

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 My Team:

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 schedule a call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to attend one of our upcoming member events as a guest. www.freedomfounders.com/schedule

2. Become a Full-Cycle Investor:

There are many self-proclaimed genius investors today who think everything they touch turns to gold. But they’re about to learn the hard way what others have gained through “expensive” experience. I’m offering a free report on how to become a full-cycle investor, who knows how to preserve and grow capital in Up and Down markets. Will you be prepared when the inevitable recession hits? Get your free report here.

3. 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. Click here to take the 3 minute assessment and get your scorecard.

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