Realty411 Magazine The Future of Real Estate is Here | Page 42
Investing Secrets
of the Rich!
from Jason Hartman’s
Financial Freedom Report
rom corporate CEOs
and entrepreneurs to
sports icons and political
figures, very wealthy indi-
viduals invest for success.
While your investing career may
not have quite the scope of those
multimillionaires, you can share in
some of the investing strategies that
they and their financial managers use
to keep those mega- bucks coming.
They Invest nationally
Very wealthy investors cast a wide
net, putting money into solid invest-
ments in places far beyond their local
area. They keep an eye on trends
in emerging markets, often putting
money into lesser known markets and
enterprises under the radar of conven-
tional investing wisdom. Investors in
income property can use this strategy
too, by taking Jason Hartman’s advice
to diversify, looking beyond local
markets for potential good deals.
Investing in another city – or anoth-
er country – creates a hedge against
downturns in any one market.
They Don’t Speculate
Very wealthy investors stick with
known quantities and stay away from
hot new deals promising quick money.
Although they have money to risk, they
listen to smart financial advisors and
keep their wealth in proven assets with
a long track record of success, such as
property, solid businesses and physical
commodities.
For income property investors, the
same is true. House flipping and real
estate schemes promising fast money
don’t deliver for the long term. Creating
an income stream that lasts calls for
patience and perseverance backed by
good financial advice and an investing
strategy with clear goals.
They Get Good Advice
Rich investors have a plan and they
look for good financial advice to help
them implement it. Although they’re in
charge of their investing decisions, they
recognize the need for qualified money
managers to execute those decisions.
That’s good advice for the independent
property investor – and one of Jason
Hartman’s investing commandments.
You don’t have to be a multimillionaire
investor to learn about investing and
locate the best advice you can afford.
They Invest in Themselves
Whether they’re the face of a
corporation or a face on a billboard,
ultra-wealthy investors invest in them-
selves. They recognize that their image
and their brand plays a role in their
investing success and they put money
toward developing and protecting that
brand. And you don’t have to have that
high a profile to recognize the impor-
tance of seeing your investing career as
a business, with a story and a personal
brand all its own. That means investing
in the right tools for managing your
enterprise, from courses to computer
software. And it also means creating
and presenting a professional image
when you’re conducting investing
business, such as interviewing tenants.
It’ often said that the rich are just
like you and me. And while that’s not
necessarily true in all ways, even the
smallest income property investor can
make good use of the investing “se-
crets” of the ultra-wealthy.
House flipping and real estate schemes promising
fast money don’t deliver for the long term.
Realty411Guide.com
PAGE 42 • 2014
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They Invest in Solid Assets
The ultra-rich are pretty conservative
when it comes to investing. They sink
their money into tangibles like property,
precious metals and even art. Stocks
and securities make up a surprisingly
small part of their portfolios. The take-
away for real estate investors: as Jason
Hartman says, real estate is a vehicle
for building long term wealth – a tangi-
ble commodity that will be in demand
as long as people need places to live.
reWEALTHmag.com