WS1589: Educate Yourself, Take Action and Become Financially Free | #Highlights

The Real Estate Syndication Show

In this #Highlights episode, we look back at our conversations with Tim Rhode and Bobby Jones. They offers plenty of other fresh insights into how to educate yourself, take action and become financially free. Tim shares his strong beliefs about the power of the collective. He believes that by surrounding yourself with others who are in the position you hope to one day be in, you will get there too.

Bobby’s advice to listeners is to have an alternative income in case of an emergency. Invest in real assets and focus on cash flow. If you’re looking to protect your portfolio and you want to truly diversify, start looking outside the stock market. It doesn’t mean you have to abandon investing in stocks, but there are many different options that you can try. Listen now to learn more!

Key Points From This Episode:

• The six levels of financial freedom.
• The biggest struggles in moving from level one to six.
• The ABCs of finances: Offense, defense, invest wisely.
• Find and join a tribe of like-minded people.
• Our only real limits are our negative beliefs.
• Be willing to do the work that others will not do to get to where you want to be.
• Passive income provides you options in case of an emergency or whenever you might need it.
• The best way to start creating passive income is through education.
• Find the education that fits your learning profile and go for it.
• Why diversification in stock market is a myth.

Tweetables:

“Success is making a lot of money. Fulfilment is knowing what to do with that money to build you a lifetime of wealth and building a rich full life worthy of it.” —Tim Rhode

“It's not about what you make, it's about how much you get to keep.” —Bobby Jones

Links Mentioned in Today’s Episode:

Tim Rhode on LinkedIn

Gobundance

Episode 380

Bobby Jones on LinkedIn

Bobby Jones' email

Episode 1304

About Tim Rhode

Tim i

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