What creates millionaires

Ginny Bolling argues that four out of five millionaires built wealth through real estate, not salary. She contrasts trading time for money with letting investments work for you, and makes the case for passive real estate as a way to create multiple income streams.
Chapters
And make more money. But really I needed to just learn how to be a better investor. So the idea when you're an employee is you're trading your time for money. You're really working for that money. And when you're an investor, knowledgeable investor who can also reduce their risk, it's more about your money working for you. So you need to place that money in a good place. And real estate is typically what creates millionaires in this, in this, in this country, four out of five millionaires are millionaires due to, due to real estate. And so it's, it's a foundational piece of investment that should be in, in someone's portfolio. But at the same time, you don't have to be out there being the landlord. You don't have to take on the risk of signing on the loan. You can put as and, and being that active investor and go finding the deals and, and whatnot. And you can enjoy what you do. A lot of people enjoy what they do myself and it, I'm a solutions architect. I like to solve problems. And if I could just go back and talk to myself six, seven years ago, hey, near, just do what you like to do, but at the same time maybe divert and diversify into real estate as a passive investor. And if at one day you know, every, you can look at every building that you like, you, you invest in as another stream of income. At some point, when you have enough invested and you have multiple streams of income, you have the choice to retire early, you know, or do other passions in your life or spend more time with family or travel. And it's. I got to this passive investing scenario the hard way. I.
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