How To Invest 1 000 000

How to invest $1 million. Let's talk about that. Even if you don't have it, I want you to stay and learn because I want you to start getting a big vision of what's going to be possible when you have a million to invest and you're going to be shocked at the end what I'm going to tell you to begin with. The three things I'm going to talk about is number one, I'm going to share with you five ways that I have and would invest a million dollars in there. I'm going to share with what other people think you should do. Number two, I'm going to share with you why the stock market is still a good deal, but how, uh, our entire client base does it. And it's very different than, you know, and then number three is, uh, the biggest and number one that I would do stay tuned to the end. So let's begin. What are the five ways? And I'm going to start with what you're going to read. So you're here. You just like probably search what other people say about it. Cause you're comparing notes. They're interesting. I'm right. So here's what they're going to say. I'm going to read them to you. Cause, uh, if you want to be a millionaire, some of these just flat out won't work. Number one, buy a business. I do agree with that. I'm going to come back to that. Uh, private lending. Absolutely love that, but I'm going to be specific about what kind of private lending. So that doesn't, you know, get all tangled up. Number three, crowdfunding. That's interesting, but if you're going to do equity crowdfunding, you're going to need a reggae offering. You're going to have to deal with the security exchange commission. It's a big deal. It's not difficult, but you could invest in other people's crowdfunding equity projects. If you want to offer one, it's a whole different project. You can invest in a REIT or I'm going to say real estate, be the real estate owner, a REIT is owned by someone else. And then what's hysterical for the best thing. This is literally on the internet. I'm going to read it to you. Consider CDs, money market and bonds. Are you kidding? Like, how are you going to do any growth with those? That's interesting. So what would I do if I had a million bucks? I would do the alternatives. It's what I've taught for years. Wealth Cycle Investing is my third book in the Millionaire Maker series. I start with money rules, due diligence, and then go through different asset classes. In 1999, I was a real estate and gas and oil millionaire. The pivotal part that is behind becoming a millionaire or investing a million is buying a business. You either start a business, buy a business, but grow a business. And either way, you're going to want the cashflow. And number two, as you hear in a lot of my videos, you can always go up to my search bar and search all my videos about tax strategies and tax advantages of being incorporated, is when you have a company, you and your family, you get the benefit of 81,000 pages of tax code. By buying a business and investing the profits from the business and other alternatives, you start growing a diverse portfolio. So private lending, that was the second of the five. And I do agree with that, but a lot of people do private lending through funds. What I teach is to own direct. So for example, another example I gave is a REIT. So in a REIT, you're actually investing in someone else's fund. You have no control. So when you're investing in the alternatives, you have to think about control. Like why would you buy a gas and oil stock on the exchange when you can actually own the gas and oil well? You can have a capital working interest in a well yourself, and you get an 85 to 100% tax advantage depreciation schedule against your highest income. There are so many advantages of owning the asset directly if you had a million dollars to invest. So from buying a business and growing a business for cashflow, investing in other alternatives, private lending, private lending, like be a hard money lender. Like I love being a hard money lender. So when I started at 12, 15, sometimes 17%. The main thing on lending that a lot of people don't teach you, and some sources actually say it's okay, I don't even get it, is that being in second position or actually not even have a secured position, they don't even talk about, it's an okay thing. It's not okay. You want first position, you can do proportional first positions. A lot of people don't know that. And I do have to qualify that as a state by state requirement. So in some of the projects that I'm in, I have proportional first position based on how the projects put together because the state allows it. Some states don't allow that. So again, you got to be spreading out and you don't want all of your real estate or projects with the same team in the same asset class. You want to start spreading those out. So number one, you're going to buy a business. Number two, private lending. Let's talk about crowdfunding. So crowdfunding is interesting. And again, you got to do some due diligence with the owners of the projects. And more importantly, how are they using their funds? Are they really using the 500 to a thousand? Because in a reggae offering, anybody can invest. I mean, the project owner sets the limits. Sometimes the limit can be as high as 5,000 or 10,000. But a lot of times I'll see real estate projects at $500. Now all of a sudden that project owner, do they have the capacity in FinTech, right? The financial technology to support thousands of investors. So there's some homework that you would need to be doing to really do some due diligence if you want to invest in crowdfunding or even do a crowdfunding project. As far as a REIT, again, not a fan. You can own the REIT and again, control it yourself. But if you're going to invest in it, you've got a lot of due diligence and loss of control of the managers, their use of funds, their projects they're buying, and how the distributions are going to come back to you. And the fifth that was on the internet, CDs, bonds, mutual funds. I mean, come on, really? Can't even imagine it. So let's talk about some other ones that are live and well where I would go. I'd have you put your little toe in an NFT, into cryptocurrency, into private cannabis investing, not stock market cannabis investing. There's so many alternatives right now. Franchises. I have so many multimillionaires in franchising. I have clients that actually own huge parts of Chick-fil-A, Subway. The Tudor doctor actually got started here in our community at the big table. So a lot of alternatives is the way you would invest a million. So your homework from here would be to think if you had a million dollars and do the typical pie chart, how would you break it down? Would you do five things, 10 things? Would you do a hundred thousand and 10 different projects and asset classes? What would you do? And I'm not going to tell you the answer. I want you to do the homework. I want you to make some notes in the comments right now and what you're thinking about, what you're interested in, because I take those comments and I create more videos and more education from them. So I want to know what you need to learn more about. While you're there in the comments, just go over by the bell, click in there that you want to subscribe. You want the notifications on. So every day you get to start your day 10 to 15 minutes with Laurel. And we're going to continue this journey on becoming financially literate. Share it with a lot of your friends and family. You all need to be in this conversation because as you start moving out of very park and pray and traditional investments, your friends and family are going to think you're crazy and it's risky and oh my gosh, don't do it. So that brings us to the stock market where most of the world is. It's unbelievable. It's emotional arbitrage. The people who make money are the brokerage firms. They have lots of fees. It's just interesting that you allow that roller coaster without any control. So we are part of a company. It's called iFlip. Phenomenal company. It's a software actually. And the software is programmed by one of the world's leading geniuses. And what he does is he puts together what's called smart folios. And inside there, you are invested in the stock market. So I am invested, but it's through the software. So when the market rocks and rolls, which it has been in the last month, it will continue. It's always going to have some corrections. March 2020 though, great example, when the market crashed below 1929 rates, I lost 2.8 while the market lost 33. So I got backed in right away without having to recover. And some of you say, yeah, but I'm in for the long haul. It's okay that I make, why would you take those losses? It makes no common sense. So I will have a link below in the notes for an iFlip app for a free app. So you can go experience the software and see what it's like for yourself. So again, my number one, number one is I want to give you a rule. I wouldn't put more than 10% into anything of your net worth. So in my rule, if I had a million dollars, and again, I can't give you advice. I'm an educator. I would do 10 different things, 10 different projects. I am part of a Ford dealership. I have a lot of real estate projects in many different States from Airbnbs in the Ozarks to iFlip apartments and rehab apartments. I hold some for cashflow. We do development. We're building an RV park right now. I'm going to be getting into some storage specifically with seacans. So I'm in a lot of different asset classes. A fun one that I own, which you can go wander into some of these categories because I do own a part of a Broadway play on the Black Hole, which is the Raider Nation fan base of the Las Vegas Raiders, small little part of that. And I love a diverse portfolio. I love being a Before Shark Tank gave us all a name, we were just investors and now it gave us a name. So if you had a million bucks, first of all, get educated. You're going to stay here on this channel and get really educated, get your money rules. And let's begin like this. I want you to click on the link and take a quiz. And that'll tell me where you are financially. It'll tell you where you are. And that'll be followed up with an application to have a private conversation with somebody from our team. As soon as you've done your homework, I want you to take responsibility for this, but ask for the Wealth Cycle Investing Book. If you're willing to take a quiz, you're willing to talk to one of my teammates and have all that completed, you are welcome to the Wealth Cycle Investing Book because it will start your journey towards investing a million dollars. Whether you have it or not, you have to begin planning. Start today and I'll talk to you tomorrow.