Jerry Fetta- How to Invest
I help people make money, keep it, and multiply it. I believe that the only way to own your potential is to stop trading time for money so you can be free. The problem is, there are only 3 ways to stop trading time for money. You can be homeless which is way number one, you can have other people trade their time for money in a business which is way number 2, or you can have assets make the exchange on your behalf as an investor which is way number 3. I’m going to address how to be an investor. By this definition, an investor is somebody who successfully causes assets to make the time and money exchange on their behalf. I will give you information today on how to invest properly so that you can own your potential.
Investor vs. Speculator.
An investor is someone who successfully causes assets to do the time and money exchange on their behalf to a varying degree. This requires that investments produce an income, otherwise it is economically impossible for them to make the exchange, buying your time. To be an investor, you must own investments. Investments are things that protect your principal and simultaneously provide a decent yield or income. Anything other than this is a speculation. Why? Because if you can’t reasonably expect your principal to be there, you’re losing money even if it pays income. If your principal is safe, but no income is paid, the “investment” doesn’t benefit you unless you can hope to sell it to someone else for more than you purchased it for. This is by definition, speculation. The first step to investing is to be an investor, which means you must actually own investments.
Inflation is the devaluation of our currency. If a person doesn’t understand inflation, what they’re up against, how it works, and how investments respond to inflation then they are not yet ready to invest. Most people don’t realize that over the last 100 years our currency has gone down in value by over 2000% cumulatively. This means that if you are not earning money at a rate faster than it is going down, your investments can be unprofitable despite showing positive returns on your statements. The other thing to realize is that inflation will effect the market value of your investments which can positively and also negatively effect your buying and selling plans. Investing is a vehicle to multiply money and without understand the fundamentals of money, specifically inflation, a person cannot excel as an investor.
Know the history of your investments.
You must know the history of your investments. Over long frames of time what have they done? This does not mean that you justify owning investments with statements like “over the last 50 years it’s averaged 12%”. That is idiotic. You’re looking for trends. How did the investment do compared to other asset classes? How did it react during various economic conditions? How long has it been around? Has it been profitable overall? These are all questions an investor should be asking. As a rule of thumb: with small businesses and real estate, don’t invest in something that doesn’t have at least 3 years of income statements to show you and 12 months or expenses. This means no startups and no new development projects. Those are speculations. For paper and digital investments, don’t invest in anything that doesn’t have a profitable track record of at least 10 years. If an investment is a good idea as a startup then it will be 10 years in as well. Don’t worry about catching the wave with new ideas. Find something that is proven long-term and has a track record of consistent profitability.
With these 3 qualities, you are mentally ready to be an investor. However, you must also learn how to behave in the way of a profitable investor and you must also have the money to invest. This is where many people get lost. They don’t have access to a blueprint, the right information, or people who can help them with these steps. I’ve created Wealth DynamX to solve these problems for you. We help clients establish their financial blueprint, begin learning the information required to excel as an investor, and connect them with coaching and a community that will support their goals. Click here if you’d like to win at investing by becoming a Wealth DynamX client.
Own Your Potential,
Grant Cardone Certified Coach
Jerry Fetta helps his clients make money, keep it, and multiply it.
He believes everyone should own their potential. He believes you were not created to spend 40+ hours per week serving the 40-year-to-life sentence trading your precious time for money just to live in mediocrity.
However, the truth is that time and money must be exchanged. It just doesn’t need to be you making the exchange.
Jerry helps his clients create wealth that exchanges time and money on their behalf.
His clients see a 30% increase in income, a guaranteed increase in savings rate, and 8-12% fixed annual returns on their assets in the 1st 90 days of working with him.
To get started, go to www.WealthDynamX.com/potential