Legacy Countdown

Your rental property will likely increase in value over time, so when you sell it, you’ll make a profit.??Since you hold a mortgage on your property, your tenants are paying down your mortgage each month with their rent payments.??Speaking of their rent payments, you’ve structured your investment such that you receive monthly cash flow on top of your renters paying your mortgage.??And speaking of that cash flow, the government allows you to depreciate your asset, reducing your tax liability on your income.??Finally, if inflation is lowering the value of your dollar year by year, it’s doing the same to the dollars that make up your mortgage!

• The NBA, NHL, and MLB all have a best-of-seven format to determine their champion. Want to be healthier???Don’t strive for perfection.? There are seven days in the week - eat well and exercise in four of them.??Consider it a win.

• Smile when you answer the phone.??The tone of your voice will change and the caller will notice it.

• Don’t make a to-do list.? Make a “to-do next” list.? We’ve all got a hundred things to do and we’ll never get through them all.? Instead, list the first two things you need to do, and then go do the first one.? Finished?? Cross it off and add one more to your list.? Now work on the next one.? Repeat.
• Pray.??Stop, recognize there is a power out there greater than you.??Ask that power for help, guidance, and love.?

• The Psychology of Money by Morgan Housel.??Money is out there.??Our behavior comes from in here.??Housel examines the intersection of money and our behavior and how that relationship can shape our finances and our lives.
• For better or worse, Nvidia’s founder Jensen Huang has a unique leadership style. Find out more here.
• Keith Weinhold founded Get Rich Education over a decade ago and has been educating aspiring and veteran investors since.? Check him out!

The next time you’re feeling down, frustrated, or even suffering from a case of the “poor-me’s” (let’s face it, none of us are immune), go DO SOMETHING for someone else.? You can’t think yourself out of a way of acting, but you can act yourself out of a way of thinking.? Be grateful that you can help another human being.??