I was at a conference recently which showed a video of Tony Robbins’ talk the year before, and he said something that resonated with me.
He shared how he was presented with a business opportunity and basically said they could not commit 100% of the resources needed because the opportunity would not fit his personal goals.
My takeaway is work and investments need to be designed to suit the lifestyle you want and not the other way around.
Not to say I haven’t been guilty of living in times of imbalance, as I’m experiencing now as I’m back in the Crossfit gym. Weights that used to be my warm-up weights are now my workout weights, and I’m plenty sore, maybe even injured, as I hobble around, LOL.
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Going hard like Cherry and I are these days, with the Wealth Hacker Conference only a month away on Nov 12th… We’re on other podcasts, webinars etc.
I’d like to say thank you to Elizabeth Kelly, Corey Sperle, Austin Yeh, Tom and Nick of Rock Star Real Estate, Seth Ferguson, Andrew Hines, Diana Lazaro, Coach MAG, Danielle Unsworth, John Schwenker, the list goes on for supporting us!. Especially all of you who bought ticket holders and our sponsors!
If you haven’t bought your tickets yet, I highly recommend that you do. CLICK HERE FOR THE BEST DEAL ON TICKETS TODAY.
This recession is shaping up to be the one of our generation, fear keeps climbing, and the deals are getting better, so educate yourself on what the experts are doing in real estate, stocks, insurance, private mortgages and crypto!
My investments from 2008 have tripled in price, and I’d love for everyone in our community to be successful on this dip, so make wise investment decisions to set yourself up for a comfortable retirement.
Cherry and I’s investments are generally passive and don’t take much time. We do need to visit them from time to time, and maintenance requests to come in, but my handy people and my assistant can handle them while we just write the cheques.
My point is we’re good with this level of activity, so we can spend more time with our kids before they turn into teenagers and don’t want to hang out with us anymore.
Last week Monday was our first day at the gym working out together. I’m having to follow the kids’ programming as I’m too out of shape for the adult workouts, and it was only when I parked the car it hit me.
You know how you have gym buddies and then form a bond with them? That’s what I want with Robin and Bruce.
During the run portion of the workout, I low-fived each kid as we passed each other. I’m huffing and puffing because, as always, as part of the workout, including throwing a medicine ball in the air and hanging leg raises, then back on the run, I see the kids, and they alter their path towards me to make sure to low-five me. I was suffering, so not in a good mood, but the gesture was adorable.
Most important with these family workouts is we save money as we’re on a family plan, AND save on time since this is a one-stop shop.
I don’t know how you parents with kids in rep hockey and competitive dance keep up. Hopefully, you’re successful investors to afford the $10,000 per year costs like our real estate investor clients are :).
If you’re unsure how they do it, reach out to me and ask how.
Why Whole Life Insurance Is A Great Complement To Real Estate With Jayson Lowe
On to this week’s show!!
If you can’t tell, Cherry and I prefer to buy than rent because I like hard assets and being in control.
However, I do rent some things like cottages, hotels, and cars while on vacation, as I want my life to be simple. We used to lease our cars for tax purposes, which are generally depreciating assets.
Another example of wanting to be in control is of our estate when we pass on from this world. I don’t want our staff or kids to have to sell off our businesses or properties; hence we invest in insurance to cover the taxes as the good old government will want their pound of flesh.
As we prefer to own over rent, we prefer whole life insurance over term life insurance. If you don’t know why that’s because you’re among the 99% of Canadians.
I only learnt of the Infinite Banking Concept strategy a few years ago at my real estate mastermind, where I’m the poor person in the room.
Several members were already applying the Infinite Banking Concept, and we even brought in an outside expert from one of the big banks to educate us on the subject. But, unfortunately, the subject was confusing until we met Jayson Lowe, founder of Ascendant Financial and co-author of “The Bankers’ Secret, a Simple Guide to Creating Personal Wealth for Canadians.” And leading Financial Professional in Canada.
Jayson being an expert in whole life insurance, including being a client of all the insurance providers in Canada alone, gives him more experience than anyone I know.
Because we own them, Cherry and I’s policies show up on our balance sheet with the banks, which they love to see; hence they’ll lend us more money.
We can also borrow against our policies at low rates and pay it back whenever we want. Cheap money, flexibility and control – all things I like; hence our plans in 2023 include growing our policies.
To explain it in further detail, I give you Jayson Lowe.
Please enjoy the show!
This episode is brought to you by me! We don’t have sponsors for this show. I only share with you services owned by my wife Cherry and me. Real estate investing is a staple in my life and allowed me to build wealth and, more importantly, achieve financial peace about the future, knowing our retirement is taken care of and my kids will be able to afford a home when they grow up. If you, too, are interested in my systematic strategy to implement the #1 investment strategy, the same one pretty much all my guests are doing themselves, then go visit www.infinitywealth.ca/events and register for our next FREE Online Training Class. We will be back in person once legally allowed to do so, but for now, we are 100% virtual.
No need for you to reinvent the wheel; we have our system down pat. Again that’s www.infinitywealth.ca/events and register for the FREE Online Training Class.
This episode is also brought to you by www.stockhackeracademy.ca, where everyday real estate investors learn the best practices in stock investing to earn cash flow in about 15-30 mins per day from their mobile phones. After real estate, Stock Hacking is the next best hustle, as you’ve heard from many past guests on this show. Among our students last year, 31 trades were shared with them. 30 were profitable for an over 96% success rate and 12% return on capital. I will be giving free demonstrations online, very similar to the one I gave my kid cousin, a full-time musician who just made a 50% return in 2021. Past, of course, does not predict the future, but if you’d like a free demonstration, go to www.stockhackeracademy.ca in the top right and click FREE Demo. At the demonstration, I’ll have special bonuses. We do not advertise publicly for all my favourite listeners, and I only have two more demos to give in the next few weeks.
Don’t delay www.stockhackeracademy.ca, what I consider the future of side hustles with real estate so unaffordable for many.
Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA.
This is for driven folks who want to multiply their current incomes.
APPLY HERE: https://www.infinitywealth.ca/hiring
For priority access to Jayson and his team go to:
HELP US OUT!
BEFORE YOU GO…
If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.
It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.
If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success.
New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.
We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best. In 2018, we again won the same award by the Real Estate Investment Network.
Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment. Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you.
I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics. The intersection of the two, talent and ethics is limited to a handful in each city or town.
Only work with the best is what my father always taught me. If you’re interested, drop us an email at email@example.com.
I hope to meet you at one of our meetups soon.
Again that’s firstname.lastname@example.org
Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.
Just imagine what winning in real estate could do for you.
If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at email@example.com.
Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.
Till next time, just do it because I believe in you.
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.