Most people just send money to a 401k because it’s safe and convenient. They spend all their time & energy on the “job” living life so hard that they don’t have time to figure out how to invest their money. Uncle Sam loves that.
As you contribute for years to a 401k the government becomes your silent (mostly) partner in these accounts. It reminds me of farming.
You till the soil, plant the seeds, water the crop, pull the weeds, fertilize it and tend it every way necessary to produce a healthy harvest…it’s like a farming partnership.
When it’s time to harvest the fruits of your the good ole government shows up to fill his truck with about a third of your harvest. How nice !!!
Just want to let you know…there is a better way.
********************************* If you are reading my blog for the first time, let me inform you that… My company buys single-family houses and I write this blog weekly which is primarily directed to educate 1 group of individuals:
Individuals who are losing their shirt as a result of the “roller coaster” volatility of the stock market and low paying rate of other traditional investments, i.e. people that are looking for an opportunity that’ll provide a secured place to put their money to get it working for them to earn better than average returns.
However, often times, homeowners that need to sell their house, stop by to take a peek because they are curious and wondering how and/or where we get the funding to purchase houses. And if they stick around long enough, they begin to understand why individuals partner with us to provide the funding which empowers us to be able to purchase real estate on a continual basis. Simple, it’s because we teach them a secured way to earn better rates of return than they are currently earning.
So everybody wins. It’s a WIN-WIN-WIN !!!
Request your FREE Education Kit if you are interested in learning how passively investing in real estate may help place you in a better financial position.
Disclaimer: This site is intended for educational purposes only. I am not an accountant, attorney or licensed financial planner. While the information I’m writing here is based on many years of experience buying houses that doesn’t really constitute professional advice (since everyone’s experiences and situations are different).