TGM Classic | Justin Donald | How the Velocity of Money is the Secret to Retiring Young
The Greatness Machine - Podcast készítő Darius Mirshahzadeh
What if you could earn a passive, life-long income without being a slave to your job or business? A lot of entrepreneurs start their businesses because, on some level, they want greater freedom in their life. However, once they start, they end up giving even more hours and time than ever before. Has this happened to you? On today’s show, we have Justin Donald, author of The Lifestyle Investor who shares how you earn passive income and buy back your time! Justin shares his investing philosophy while calling out some common mistakes that seasoned entrepreneurs and professionals make. Early on in his career, Justin transitioned from his W-2 job to being self-employed. But while he did end up making more money, this move did little to improve his life on a holistic level as he just ended up being a slave to his business. He was still working 18 hours every day He was still working weekends And he was still not showing up for his family in the right way Justin realized that he had to flip the switch, and think more like a “self-employed entrepreneur”. By leveraging low-risk cash flow investing, he had to generate a passive income that would sustain his lifestyle. As a huge proponent of lifestyle investing, Justin shares both basic (but often ignored) and sophisticated investing strategies guaranteed to help you out. With the Fed printing dollars like never before, what can you do to hedge your portfolio against inflation? Justin also has some great tips for stock market investors who are finding it difficult to navigate the extreme volatility in today’s market. You will also discover more about Justin’s new book, The Lifestyle Investor where he explains his 10 Commandments of Lifestyle Investing in great detail. Even if you don’t have large financial coffins and savviness to back you up, listening to today’s show will help you up your investing game. Topics include: How to stop being a slave to your job or business Hedging your portfolio against inflation Passive income generation strategies for those who are just starting out Things that your financial advisor is not telling you And other topics… Connect with Justin: Website: https://lifestyleinvestor.com/ LinkedIn: https://www.linkedin.com/in/justinwdonald/ Instagram: https://www.instagram.com/justindonald/ Connect with Darius: Website: https://therealdarius.com/ LinkedIn: https://www.linkedin.com/in/dariusmirshahzadeh/ Instagram: https://www.instagram.com/imthedarius/ YouTube: https://therealdarius.com/youtube Book: The Core Value Equation https://www.amazon.com/Core-Value-Equation-Framework-Limitless/dp/1544506708 Learn more about your ad choices. Visit megaphone.fm/adchoices