Most people buy assets and hope they go up, but that's a mediocre approach. Every investment needs a clear purpose and fit into a deliberate strategy, not just a "work to pay the bills" mindset that leaves you stagnant.
an investor and just buying a property, renting out versus having a system which generates financial freedom is 2 radically different things. But most people don't know how to create a strategy or a system to generate wealth. Not your fault, by the way. We're just never taught anything about how to do it or how to create it or how to actually create financial freedom. All we're taught is work to pay the bill type trap. But most people go out in the marketplace and all they simply do is buy and hope. They buy a property or buy some crypto or buy some shares or do something like that and then hope like hell it works out. And that's just a pathway to mediocrity. Mediocrity or a pathway to losing a whole bunch of money or, or being a little bit stagnant and stuck in a portfolio. So everything has to be serving a purpose, and that's one of the most fundamental elements you gotta be thinking about.
