How To Get Infinite Returns
Denver Nowicz
?? LinkedIn Top Voice Economy & Finance ┃ Building safe and secure financial plans one family at a time. ┃ Advanced tax defense and wealth enhancement tactics.
This is the holy grail of asset creation!
?? Learn: How To Get Infinite Returns
In Thursday’s event we discussed The Top 5 businesses to Start in 2024 with franchise expert Jon Ostenson. If you missed the event, the highlights will be in the Wealth For Life Group here on LinkedIn.
There are incredible opportunities to start businesses right now. Jon highlighted the non-food service category. Particularly home services. Boring, non-trendy areas people will continue to spend money on.
He discussed one business in that category which costs around $250k to start and is generating roughly $1.5m gross revenue.
Net profit is at 28%!? This works out to roughly 500k. This means you are recouping your initial investment in a very short period of time.
Enter infinite returns.
Infinite returns are where you earn back the initial capital invested and the asset continues to generate profits without any additional investment.?
This is the holy grail of asset creation.
Most people think of this in terms of real estate. You have a renter who pays off the property, now you are into infinite returns.? Often though this can take 10-15 years unless you refi and take cash out.?
It’s worth taking a deeper look at the franchise sector. Yes, they cost more, but they are packaged well and have good transparency.?
You still have to do your homework and go through all the due diligence.?
But one thing is for certain, it’s hard, if not impossible to generate infinite returns in the stock market.?
Since you can use your IRA/401lks to buy business, it may be a good idea to consider where you have most of your assets parked.
Cash flowing businesses or the S7P 500?
If you would like to be a case study on using businesses in your IRA/401k, just shoot me an email at [email protected].
I think people would love to know how to do this and make it fit with their overall financial plan and a few more case studies walking people through the process would be very helpful.
?? Chart: Is maritime shipping the next black swan?
Once half of all manufacturing supply chain steps are in east Asia. This does not work without safe global shipping.
Here’s just a few areas of tension around the globe:
Overall, everyone is benefiting from the hard work of the U.S. Navy to keep global shipping safe and it’s a delicate balance.
The COVID-19 pandemic highlighted the vulnerability of global supply chains.
We have seen the impact of disruptions caused by port closures, labor shortages, and shipping delays.
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It would not take much to undue much of the progress that has been made with bringing inflation under control.
Remember, from a previous issue, inflation coming down does not mean prices come down.
Those are two separate things!
Inflation is expressed as a rate and prices as a level.
Exp: Grocery prices have surged by at least 21% in the last three years across the entire US.
While the rate of price increases (inflation) has slowed, the actual food prices (level) have not changed.
So a global shipping disruption would definitely drive prices up. Again.
We already know once price levels go up they don’t really come down.
?? Productivity:? Reflect.app - You Personal AI Assistant
Reflect uses GPT-4 and Whisper from OpenAI to improve your writing, organize your thoughts, and act as your intellectual thought partner.
I brainstorm with a large number of very successful people. Great ideas come up often. Reflect allows me to make voice notes and tag those conversations for future projects. This makes everything easily searchable.
So I might make 10 different notes over a few weeks. Then when I go to work on a project I ask the AI to pull up my notes on specific topics and help me organize them.
Imagine never losing one of those brilliant ideas you have!
You can even connect things like Readwise so you can pull in highlights from books you are reading and tag them.
It also has end-to-end encryption so the notes are secure.? I’m still learning the system but so far I like what I am seeing.?
I will report back!
?? Concept: The Power of Safe Leverage
The average investor uses their own money in risky investments and gets upset when they lose. The wealthy use large amounts of other people’s money in safe assets and win every time.
?? Resources:
“5 Secret Strategies Millionaires Use To 5x Their Wealth & Immediately Cut Their Taxes By 50%” get instant access in the Wealth For Life LinkedIn Group?—?https://www.dhirubhai.net/groups/5156642/
Want to brainstorm on financial topics? It’s great to have conversations!
Click here to schedule a chat via zoom: https://bit.ly/3JCGpCF
Thank you for?reading!