I'm surprised how people would hesitate to invest in something that guarantees a specific outcome, despite paying a fortune for college education without any clear understanding of the benefits. Investing in your financial future can be a daunting task, but it is a necessary one if you want to achieve your long-term financial goals.
In today's class, we will focus specifically on tangible, money-based investments and discuss three important points: information, access, and assets. While investing in information can be helpful, it is the lowest form of investment and most people already have enough information. Instead, investing in access to knowledgeable people who can guide you in utilizing your information more effectively and gaining new insights can be much more valuable. Ultimately, investing in assets that generate income and increase your net worth is the key to financial success.
Let’s dive deeper into these topics and learn how to make the most of your financial investments.
Show notes:
[6:56] #1 Investing in information.
[11:09] #2 Investing in access.
[16:59] #3 Investing in assets.
[21:41] Recap
Episodes Mentioned:
609: The 5 Forms Of Investment, And How To Use Each
2526: Your Excuse Is Your Reason
2510: How To Collaborate With Businesses And People
2293: The "Permission Economy" is Over – Now It's The "Collaboration Economy"
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