Sharon Lechter is here today on The Prosperity Perspective to show how to achieve financial independence by investing in multiple asset categories. She shares her avocation that if you want to grow your passive income, it's important to reinvest in your business wisely. Focus on growing your business in a way that is sustainable, scalable, and saleable by building systems and structures that will be in place long-term and that can be easily duplicated and expanded.
Tune in to determine how to diversify your investments so that you have multiple income streams coming from different sources. This will help protect you in the event of an economic downturn or other unforeseen circumstance like the impending recession of 2022/23.
Hear why it's better to invest your time in buying assets that will generate income for you, including real estate, stocks, bonds, and mutual funds. Because it is important now more than ever to diversify your investments so that you are not relying on just one source of income and can weather any economic downturns.
3 Key Takeaways
Resources
Exit Rich by Sharon Lechter
The CASHFLOW Quadrant by Sharon Lechter and Robert T. Kiyosaki
Email Sharon: info@sharonlechter.com
Sharon’s workbook on personal success: personalsuccessequation.com