Is it possible to maximize your ROI while, at the same time, minimizing your risk? We’re going to find out today, thanks to special guest Matt Theriault from Epic REI TV.
I always thought that the higher the returns on your investment, the higher the inherent risk. And to some degree, that’s true. But you can beat the odds by changing the game a little. The key is to diversify into an uncorrelated market space. Basically, don’t put all of your money into real estate, because if the real estate market decides to tank tomorrow, you’ll be completely out of luck.
There are a lot of different ways to do this. You can buy a car, and rent it out on rideshare apps like Turo. You can invest in a life insurance account, with slow but guaranteed returns. The real key is to always keep your money working for you. Or, you can do what Matt did, and start investing in cryptocurrencies.
Things really started to take off when Matt figured out that he could borrow money using his cryptocurrencies as collateral, without actually spending his “coins.” Then, he takes that money and uses it to buy more income-producing properties. The income produced from that goes back into more crypto, and the cycle continues, but growing every time.
To learn more about Matt’s system, check out EpicREI.tv.
Watch and Learn:
Listen and learn:
- How to maximize returns while minimizing risks.
- The velocity of money: make your money work for you.
- Diversify your holdings.
- Crypto: which coins to buy, which coins to avoid.
Mentioned in this episode:
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