Build seven income streams across seven asset classes to weather economic shifts. Private money loans work as short-term interest-only payments plus a balloon payment, then repeat the cycle. Diversify across three or four assets instead of concentrating in one.
Chapters
Who is Catherine Bell?
Having 7 streams of passive income in 7 different asset classes, right? No, the private money loans, how we structure them out typically is it's monthly payments that come back to you interest only, and it's for a short period of time, and then there will be a balloon, you get everything back, and then we just do it again and again and again, and it just— velocity of money helps your money grow faster.
Yeah, so I'm, I'm very open to that, even within— so we have You know, some cash flow and liquidity. And then even within my 401(k), we can do it there. We have options. I just need to know, hey, here are these options. Here's how we're protecting your money. And this is what I would prefer to diversify and say, all right, Catherine, let's spread out these investments. And we have 3 or 4 together rather than, hey, we're going all in in this one investment. I think I'm to the point where that makes me nervous. Especially as I get used to some of these different asset classes. And yeah, yeah.
So yeah, well, my whole thing again is having 7 streams of passive income in 7 different asset classes, right? That way, no matter what's happening in like politically, economically, like you're, you're, you're okay. And that's really important to me.
