This Driving with John Chow episode is a follow up to my talk about the best financial advice I ever got.
I received quite a few emails after that talk asking where I invest my money, and what I invest it in. Answering that question would take a week long seminar, and is beyond the scope of this driving video. However, I will give you the number one rule when it comes to investing and investments:
It’s Not What You Make, It’s What The Government Takes
When it comes to investments, you must always think after tax return. Taxes can have a huge impact on the return on your money. While you’re thinking after tax, you should also consult with your financial planner before buying into any investment. He is more qualified to tailor an investment plan that will work for you than I can. Every plan will be different. What works for me, may not work for you. However, the number one rule for investing will work for everyone.
Of course, before you can invest money, you need money to invest. This is where my new eBook, The Ultimate Online Profit Model, comes in. It details the systems I use to generate over $100,000 a month. That gives me a lot of cash to invest. Download your copy now.