The 11 Attributes Of A Perfect Investment

<p>Not all assets are created equal!</p><p>In today's <strong><em>Better Wealth Episode,</em></strong> I answer a very common question I get here at BetterWealth on “Where should I invest my money?”&nbsp; Today I will walk you through the process of how we coach clients and work through the pros and cons of decision making when you want to invest your money.&nbsp; Assets are not all created equal and we want to be sure that whatever we do with our money it is helping us live more intentionally. Listen as I talk about three questions you should be answering when looking at assets and investments: <strong>What is your ROR, your clarity in life?</strong> - What would you do if money wasn’t an issue? <strong>What is an asset?</strong> - An asset is a resource with an economic value that will provide a future benefit. Is this asset getting you closer or farther away from what you want in life? <strong>What outcomes do you want?</strong> -&nbsp; What is your outcome, do you want that will help enhance what you really want in life, your ROR? Listen as I also walk you through the <strong>11 attributes to a perfect investment</strong> that you should be looking at and prioritizing as you consider an asset/investment.</p><ol><li>Safe (Low Risk): Your money suffers little to no risk of loss.</li><li>Liquidity: Your money is accessible for emergencies or opportunities.</li><li>Growth: Your money multiples at a competitive rate of return.</li><li>Passive Cash-Flow: Your money produces income on it’s own.&nbsp;</li><li>Leverageable: You can use your money as collateral.</li><li>Private: Your money grows without restrictions and has creditor protection.</li><li>Tax Deductible:You can subtract any money you put into the account from your taxable income.</li><li>Grows Tax-Free: Your money grows without being taxed.</li><li>Tax-Free Distribution: You can access your money without paying taxes on it.&nbsp;</li><li>&nbsp;Protection/Legacy: You are provided for in the event of tragedy and are self completing.</li><li>&nbsp;No Contrib