IF 81 - Diversifying Investments: How to Make Your Money Work for You Outside of Reinvesting Into Your Own Business

Kenny discusses the importance of diversifying investments beyond one's own business to ensure financial security. He highlights examples of entrepreneurs who suffered from reinvesting all earnings back into their companies and those who missed out on opportunities due to fear of taxes. He introduces syndications as a way to achieve stable passive income and leverage tax strategies. Additionally, Kenny shares personal experiences, investment challenges, and the importance of discipleship and faith in his life. Tune in to learn from real-life examples, actionable tax strategies, and how diversifying can secure your wealth.

Show Notes

00:00 Introduction: The Hard Truth About Investing
01:28 Why Reinvesting in Your Business Might Be Risky
02:21 The Power of Syndications for Financial Security
02:54 Tax Strategies for Real Estate Investors
04:48 Overcoming Investment Fears and Beliefs
09:42 Personal Insights and Real Estate Experiences
12:42 Faith, Family, and Personal Growth
17:28 Special Guest: William Hollis
18:47 Conclusion and Call to Action

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