For a long time, it seemed that the only way to increase your wealth was to invest in the stock market. And while Wall Street wants us to believe that this is still true, it is far from being the best option to ensure long-term financial prosperity. Investing in real estate, while not the be-all-and-end-all, is a far more stable and predictable way to grow your wealth. Our guest today, Mark Willis, has experienced the value of real estate investing first-hand. He is a certified financial planner, a two-time number one bestselling author, and the owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois. He has not only helped hundreds of clients in taking back control of their financial futures, through tax-efficient solutions, but he has also changed his own life by altering his investment strategy. Along with his impressive resume, Mark is also the co-host of the Not Your Average Financial Podcast. In this episode, Mark sheds light on why tax-deferred accounts are traps to keep you poor in retirement. He shares the importance of asking what you want your money to do for you to understand how to structure your investment portfolio.
Key Points From This Episode:
Links Mentioned in Today’s Episode:
Lake Growth Financial Services
Not Your Average Financial Podcast
Quantitative Analysis of Investor Behavior
Bank On Yourself Authorized Advisors
Asset Protection Attorney Wayne Patton
APT Capital Group - YouTube Channel
Passive Income Through Multifamily Real Estate Facebook Group