The greatest wealth transfer in history

The greatest wealth transfer in history will take place over the next three years. 

What does this mean for you? 

It means now is not the time to blindly hand your money over to Wall Street or bury your head in the sand.


As our economy continues to be pumped with money, the money will end up in the hands of only a few, redistributing wealth and creating even more of a wealth gap. 

Do you know where your money is going to end up? 

In the hands of people who know how to get rich.


1) Prioritize Cashflow and Reinvest

Automatically save, but deliberately invest. 

Having cash on hand to capitalize on opportunities.   

Focus on cash management and cash flow.


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Leveraging knowledge, not capital.


#1: Plug The Leaks


#2: Know Your Costs

Once you know your costs, differentiate your expenses. 


There are 4 types:  


1- Destructive, eliminate those.  


2- Lifestyle, manage those and pay cash.   


3- Protective, having cash is part of this as well as asset protection and insurance.  


4- Productive, these are investments that when you put in a dollar more than a dollar comes back to you. 


#3: Accelerate Investment Income


Shift your focus to investments that create cashflow from day one.

Another note, protect the downside. 

Focus on risk management and mitigation. 

Stop gambling with your money.


Look to make money on the buy, create cash flow from day one and be patient.


Pros sit on the sidelines until the opportunities are right.  


#4: Scale Business Revenue


#5: Make It Count

Money is a great benchmark when it is the context of ways to improve your life.

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2) Make Sure Your Wealth Is Sustainable


3) You Can Become Part of the Upper Third

Take time choosing investments and be active in the selection, handing money over and relying on others that are paid more on commission than performance will be a costly mistake. 

Now that you know what it takes, the only missing piece is action.




How To Prepare For The Greatest Wealth Transfer In History

Aug 20, 2020, Garrett Gunderson

https://www.forbes.com/sites/garrettgunderson/2020/08/20/how-to-prepare-for-the-greatest-wealth-transfer-in-history/?sh=1295d76b322b

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