If you're new to investing or even experienced, you know that things can
spiral out of control really fast. You've got to have a set of rules that you can
depend on them that you can count on that'll never lead you astray. And I'm
going to tell you right now. With all of the investing that I've ever done, I've got
3 core secrets. These are the 3 things that my investments have to
include. And if they do, then I'm going to actually do my due diligence and see if
I want to do them. If they don't, I'm out.
So, the first secret. We've actually got to really identify what the word
investment means because when I say investment, apparently, the rest of the
world and the financial planners, we don't sync up. We don't see each other
eye to eye. When we talk about the secrets to investing, rule number 1: My
investment has to pay me. What do I mean by that? Well, when I put my money
somewhere, I expect to be paid on a regular basis. Like monthly or quarterly.
So if I put my money out, it better what? You better come home. Now, if you take a
look at what society has. It says, "Put money in the stock market." And I'm going
to say the stock market is bad. But I call it a speculative investment. Why?
Because it doesn't pay me any. Or I could put my money in a 401k or an IRA. But if
you've got those, let me ask. How much money did they pay you last month? You're
not going to find an answer. They paid you nothing. That's because they're not
designed to pay you. Almost everything Society has you do.
Annuities... All these different options, they're not designed to pay you and I. So,
what we do is we take all of our money, we take our hard-earned savings. We give
it to someone or an organization. And what do we get return? We get nothing.
That's called speculative investing. Instead, I want to get an ROI. And I want
to get paid. And I can get paid in a number of ways but I'm almost always
primarily asking, "Is there a cash flow on this property that I'm going to be
receiving?" Number 2. My second rule, I'm looking for what's called an asymmetric
ROI. And an asymmetric investment has very low downside and it has very high
upside. And what this does, this means that I can go on the game of real estate
and I can, as a standard, get 20 or 25 percent ROI. And I've even done deals
where I've made 500% ROI, 1,000% ROI, 5,000%
ROI. I know that sounds crazy but when you're putting very little money at risk,
and you have really high upside, which is what a symmetric means. This is how you
give yourself a shot of really financially getting somewhere in life.
Now, real estate is where I find a lot of my asymmetric investments. There are
other options. Businesses certainly one of them. But real estate is... I'm a fan
of it because I can do deals out there. In fact, just in my community, I had one
of my students say, "Hey, Kris. I got this deal I would make about 40 grand on it.
But it's gonna cost me 1,000 out-of-pocket. Should I do it?" And I tried
to hold myself back and be as polite as I could without saying, "Rawr! Of
course, I want you to do the deal right now!" "Because I'll put a grand and I get
40 grand back." Just calculate the ROI. If I sell it 5 years later and I get
that, I'm getting a 4,000% return. Over 5 years, I'm averaging
800% a year. How would you like to make 800% a
year? It tastes really yummy. So, I'm looking for a symmetric ROI.
My third rule and secret which is an absolute game changer is that the
investment needs to be passive. For some reason, a lot of people that think that
getting in the game of real estate means doing a flip or something hands-on. They
want to drive to Home Depot. And I'm not going to say there's anything wrong with
that. But that's no longer an investment. That's now a job. And it can be a better
paying job. It can be a worse paying job. But either way it's a what? It's a job.
We're trying to leverage real estate as a vehicle to get out of the rat race. Not
just change the way that the race looks. We're actually trying to leverage real
estate. And I'm looking for something that for me has least time, least effort,
least risk but makes the most money. Friends, when I approach my world of
investing, these 3 are musts. Because if it's not passed and guess what? I'm
going to run out of time we all got 168 hours and weeks. So that doesn't work for
me. I need the best investments not mediocre societal investments. And then I
need to get paid on it. Because if I am, those are freedom dollars. Whether my
cash flows $100 or $500 or $1,000, it all starts adding up stacking up, meaning
that someday, I'm going to be financially free from these 3 secrets right here.
Thank you so much for watching today's video. I hope it was really useful for
you. If you've watched it and you're thinking to yourself, "I think I need some
hands-on help. Kris, can I get some further mentoring? Where do I find
asymmetric investments that are passive that can work for me?" If you click the
link in the description below, you've got an opportunity to jam with a member of
my team. And they'll take care of you. They'll actually do a free consultation
with you and you also have a chance more importantly to get my book "Unstoppable"
for free. It's all about your ultimate real estate gameplan. How you go from
nothing to millions of dollars. That's where I came from, that's what I've been
able to do and I've been able to duplicate it with the number of people.
At last week's event, Sterling Holyoke showed up. He had
started with me 8 years ago. Today's worth
3.7 million dollars and as wealth his skyrocketing. So, if you'd like
to have your Big Shot and you want to find out what's possible for you, click
the link. Get your book for free and talk to a member of my team so that we can
share with you how you can live these three secrets and live a much better
life.