how to invest 1 million dollars let's talk about that even if you don't have it i want you to stay and learn because i want you to start getting a big vision of what's going to be possible when you have a million to invest and you're going to be shocked at the end what i'm going to tell you to begin with [Music] the three things i'm going to talk about is number one i'm going to share with you five ways that i have and would invest a million dollars in there
i'm going to share you with what other people think you should do number two i'm going to share with you why the stock market is still a good deal but how uh our entire client base does it and it's very different than you know and then number three is uh the biggest and number one that i would do stay tuned to the end so let's begin what are the five ways and i'm going to start with what you're going to read so you're here you just like probably search what other people say about it because you're comparing notes they're interesting i'm right so here's what they're going to say i'm going to read them to you because uh if you want to be a millionaire some of these just flat out won't work number one buy a business i do agree with that i'm going to come back to that private lending absolutely love that but i want to be specific about what kind of private lending so that doesn't you know get all tangled up number three crowdfunding that's interesting but if you're going to do equity crowdfunding you're going to need a reggae offering you're going to have to deal with the security exchange commission it's a big deal it's not difficult but you could invest in other people's crowdfunding equity projects if you want to offer one it's a whole different project you can invest in a reit or i'm gonna say real estate be the real estate owner a read is owned by someone else and then what's hysterical for the best thing this is literally on the internet i'm going to read it to you consider cds money market and bonds are you kidding like how are you going to do any growth with those that's interesting so what would i do if i had a million bucks i would do the alternatives it's what i've taught for years well cycle investing is my third book in the millionaire makers series i start with money rules due diligence and then go through different asset classes in 1999 i was a real estate and gasoline millionaire the pivotal part that is behind becoming a millionaire investing a million is buying a business you either start a business buy a business but grow a business and either way you're gonna want the cash flow and number two as you hear in a lot of my videos you can always go up to my search bar and search all my videos about tax strategies and tax advantages of being incorporated is when you have a company you and your family you get the benefit of 81 000 pages of tax code by buying a business and investing the profits from the business and other alternatives you start growing a diverse portfolio so private lending that was the second uh you know of the five and i do agree with that but a lot of people do private lending through funds what i teach is to own direct so for example another example i gave is a reit so in a reit you're actually investing in someone else's fund you have no control so when you're investing in the alternatives you have to think about control like why would you buy uh you know a gas and oil stock on the exchange when you can actually own the gas and oil well you can have a capital working interest in a well yourself and you get an 85 to 100 tax advantage depreciation schedule against your highest income there are so many advantages of owning the asset directly if you had a million dollars to invest so from buying a business and growing a business for cash flow investing in other alternatives private lending private lending like be a hard money lender like i love being hard many lenders so when i start at 12 15 sometimes 17 uh the main thing on lending that a lot of people don't teach you and and some sources actually say it's okay i don't even get it is that being in second position or actually not even have a security position don't even talk about it's an okay thing it's not okay you want first position you can do proportional first positions a lot of people don't know that and i do have to qualify that as a state by state requirement so in some of the projects that i'm in i have proportional first position based on how the project's put together because the state allows it some states don't allow that so again you got to be spreading out and you don't want all of your real estate or projects with the same team in the same asset class you want to start spreading those out so number one you're gonna buy business number two private lending let's talk about crowdfunding so
crowdfunding is interesting and again you've got to do some due diligence with the owners of the projects and more importantly how are they using their funds are they really using the 500 to 1000 because in a reggae offering anybody can invest i mean you the the project owner sets the limit sometimes the limit can be as high as 5 000 or 10 000 but a lot of times i'll see real estate projects at 500 now all of a sudden that project owner do they have the capacity in fintech right the financial technology to support thousands of investors so there's some homework that you would need to be doing to really do some due diligence if you want to invest in crowdfunding or even do a crowdfunding project as far as a reit again not a fan i you can own the reit and again control it yourself but if you're going to invest in it again you've got a lot of due diligence of and loss of control of the managers their use of funds their uh their projects they're buying and how the distributions are going to come back to you and the fifth that was on the internet cds bonds mutual funds i mean come on really can't even imagine that so let's talk about some other ones that are live and well where i would go i'd have you put your little toe in an nft into cryptocurrency into private cannabis investing not stock market cannabis investing there's so many alternatives right now franchises i have so many multi-millionaires in franchising i have you know clients that actually own huge parts of chick-fil-a subway uh the tudor doctor actually got started here in our community uh at the big table so a lot of alternatives is the way you would invest a million so your homework from here would be to think if you had a million dollars and do the typical pie chart how would you break it down would you do five things ten things would you do a hundred thousand and ten different you know projects and asset classes what would you do and i'm not going to tell you the answer i want you to do the homework i want you to make some notes in the comments right now and what you're thinking about what you're interested in because i take those comments and i create more videos and more education from them so i want to know what you need to learn more about while you're there in the comments just go over by the bell click in there that you want to subscribe uh you want the notifications on so every day you get to start your day 10 to 15 minutes with laurel and we're going to continue this journey on becoming financially illiterate share it with a lot of your friends and family you all need to be in this conversation because as you start moving out of very park and prey and traditional investments your friends and family are going to think you're crazy and it's risky and oh my gosh don't do it so that brings us to the stock market where most of the world is it's unbelievable it's emotional arbitrage the people who make money are the brokerage firms they have lots of fees um it's just interesting that you allow that roller coaster without any control so we are part of a company's called iflip phenomenal company it's a software actually and the software is programmed by one of the world's leading geniuses and what he does is he puts together what's called smartfolios and inside there you are invested in the stock market so i am invested but it's through the software so when the market rocks and rolls which it has been in the last month it it will continue it's always going to have some corrections march 2020 though great example when the market crashed below 1929 rates i lost 2.8 while the market lost 33. so i got backed in right away without having to recover and some of you say yeah but i'm in for the long haul it's okay that i make why would you take those losses it makes no common sense so i will have a link below in the notes for an iflip app for a free app so you can go experience the software and see what it's like for yourself so again my number one number one is i want to give you a rule i wouldn't put more than 10 into anything of your net worth so in my rule if i had a million dollars and again i can't give you advice i'm an educator i would do 10 different things 10 different projects i am part of a ford dealership i have a lot of real estate projects in many different states from airbnbs and the ozarks to uh flip apartments and rehab apartments i hold some for cash flow we do development uh we're building an rv park right now i'm going to be getting into some storage specifically with secant so i'm in a lot of different asset classes a fun one that i own which you can go wander into some of these categories because i do own a part of a broadway play on the black hole which is the raider nation fan base of the las vegas raiders small little part of that and i love a diverse portfolio i love being a shark you know before shark tank gave us all a name we were just investors and now gave us a name so if you had a million bucks first of all get educated you're going to stay here on this channel and get really educated get your money rolls and uh let's begin like this i want you to click on the link and uh take a quiz and that will tell me where you are financially i'll tell you where you are and that'll be followed up with an application to have a private conversation with somebody from our team as soon as you've done your homework i want you to take responsibility for this but ask for the wealth cycle investing book if you're willing to take a quiz you're willing to talk to one of my teammates and have all that completed you are welcome to the wealth cycle investing book because it'll start your journey towards investing a million dollars whether you have it or not you have to begin planning start today and i'll talk to you tomorrow