Todd PolkeInvestment Strategist l Wealth Coach l Speaker, Todd Polke · Investment Strategist l Helping Investors and Business Owners grow their Wealth Faster

What kind of investor are you? #shorts #australia #investing #finance

30 Jul 2024 · 1 min

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In this short commentary, the speaker argues that simply buying one or two properties is unlikely to lead to substantial wealth for most people, as many struggle even to acquire their first property. He advocates for a multi‑tiered, multi‑layered investment approach that goes beyond casual buying of property, shares, or crypto. The core message is the distinction between being an investor in name—just owning a few assets—and being an investor who designs a portfolio specifically to generate reliable passive income and achieve financial freedom. The speaker emphasizes that achieving lifestyle‑funding passive income requires a radically different, strategic portfolio construction.

Chapters

If you are just investing in property and thinking about, well, how am I going to buy 1 property and 2 properties and 3 properties? Then for most people, the reality is you're going to get 1 or 2 down the track and then you're literally done, you're dusted. It is not happening. And for a lot of people, they're even struggling to get that first property. And that's why we need to create this multi-tiered, multi-layered approach to us actually building strategies so you can build wealth and actually create financial freedom. Because there's a big difference between being an investor versus being an investor who creates financial freedom. Right, let's be real, being an investor is easy. All you have to do is go buy property, or maybe that's not so easy right now, but buy some shares or buy some crypto and congratulations, you're an investor. But that's a very different style of portfolio than a portfolio which is targeted to create a passive income for you that you can rely upon to fund the lifestyle you desire. Radically, radically different things.