Have a Sense of Urgency With Your Investments

Do you have a sense of urgency with your investments or are you taking the lackadaisical approach that most people take with them? Well, I think I looked at my 401k last year and it was down. FAIL. If you haven’t been around, the days of not actively creating or seeking out new investments and methods is gone. Your 401k will NOT be all you need for retirement. Our last meeting had a great speaker and topic on the Infinite Banking Method. Does anyone think that Scott is sitting back and letting someone else manage his retirement? I think not.

Be active in your investments and take action on them right now. Be accountable to yourself. There are great investments everywhere right now and most people are just sitting on cash because they’re scared of losing it. Well, sitting on anything that’s not making at least 6% (conservative) right now is a losing proposition with inflation. Add into that your opportunity cost and you’re losing thousands of dollars each month on your money. You can’t afford to sit on your hands right now.

Where do I invest my money? Well, I did say a sense of urgency, not mass hysteria. Don’t just go plop your money down on the first investment that comes your way. Do your due diligence. Make sure you’re working with reputable company that has experience, can provide references, and has a clear path to returning your principal and interest. There are many conservative investments in real estate and other businesses right now that will leave you well protected with assets. There’s no need for speculation.

Talk to someone that is making money investing and find out what they’re doing. Do you need help? Jeremy, Jeanna, Drew, and myself are currently investing and making money. We will help you with getting started investing and will even partner on deals with you if that’s what it takes to get you going.

You now have no excuse. Create that sense of urgency with your investments and get started. I’m holding you responsible right now! Serious, post a comment and let me know what you’re doing today to make this happen.

Be a Renegade,
Jared Pomranky