Monday, April 11, 2011

Its all about cashflow.

When people focus on retirement everyone seems to have a target amount they need( say $1MM, $5MM, etc). That is ok and I understand why, but what I have focused on is finding something that is predictable and sustainable. That is monthly cash-flow(positive income through passive investments). I love monthly cashflow because it pays the bills and can support our lifestyle in the way we always dreamed about. The best assets that seem to do this (from what I have found) are residential real estate rental and private financing(deed of trust). They both put month into your accounts monthly and require little to no work to do so. These opportunities are all around us. We can either make things happen, sit back and watch things happen or final walk up and say "what the heck just happens" and miss out on the opportunities of a lifetime.  Sincerely, David Gudmundsen