Video 6 of 7: How To Invest In Cashflow Assets - With Personal Case Study

So today in Part 6, we get to dive into the fun stuff! While most people will continue to work for their money, I’m going to show you how to get your money working for you... As a fan of the “Rich Dad, Poor Dad” books, I always agreed with Robert Kiyosaki’s strategy of investing in cash flow assets like apartments and oil wells, but once I set the book down, I was always left wondering what to do next. Frankly, I had no idea how to actually find these "magical, mystical" assets that send you money every month. Well that eventually changed, and investing in cash flow apartments has become one of my favorite ways to increase my passive income. In fact, I’m going to walk you through a real world example today, and show you how I increased my passive income by $16,000 per year, in less than two hours, despite the fact that I'm not an expert on real estate. So if you want to learn how to build wealth and achieve real financial freedom, this will be one of the most valuable videos you’ll ever watch… The two firms I love and invest with are: http://www.ThriveFP.com http://www.MCCompanies.com Please feel free to share and subscribe! P.S. I'm holding a free training webinar this week on how to build a large audience and email list. You can register for it here: http://mikedillard.com/WebinarSignup/ Mike Dillard http://www.Facebook.com/MikeDillardFanPage http://www.Twitter.com/Mike_Dillard http://www.MikeDillard.com

Comments

1. Hi, im 35 now and i started to invest monthly €100 in Think sustainable world ETF ( index tracker ) Its a low cost index fund, 0,15 service fee and no extra costs because i buy periodically. My plan is to reinvest my dividend ( about 1,74 % right now ) What are your thoughts or tips?
   All comment are welcome :)
2. This investment strategy is obviously great if you ignore the fact where the money comes from.
   
   It's being sucked out of the real economy and impoverishing millions of people whilst destroying the environment. Unfortunately the tax burden is forced upon those who can least afford it. It's the heart of neo-liberal capitalism and the main driving factor of inequality.
   
   Your obviously a good person but when you talk about the big picture, think about our planet and the society we live in and the world we want to leave behind for our children. The strategy is obviously not sustainable for us all to adopt.
   
   Ps. Love your talks, you're a very inspiring gentleman. Hope this finds you well. Peace x
3. Great video!!
4. but what happens when we finally want to have money in our hand....and pay taxes
5. Can you explain oil and gas?
6. have you ever been in the army or any force
7. Mike, dig'n this.
8. ThankU for this very good information. I missed webinar today Awww.
9. I am a real estate broker. I used to work for the los angeles county assessor office as an appraiser. where I gained most my knowledge about real estate. I bought many multi unit residential units during the downturn of the real estate market.. My goal is to own my own real estate company acquiring more multi units properties. Would you be interested in going into real estate business with me 50/50.
10. hey thank you for this video
    im 20 yr old you described exactly .... i'll keep watching. haha
11. is 16% a realistic average return for this type of investment?
12. so on those apartments you're investing in a REIT, or is it syndicated?
13. Planned on retirement never saved. Got bought out money went to bank account and stock account. I would love to be as wealthy as the rest of all the stock family. Women in poverty 🏢
14. What are the names of the 2 Firms being compared?
15. Great video!
16. give me assets!!!
17. Ok, so I'm not materialistic & I don't really think about living in a huge house, but when do you start buying luxury items? Is it when you start to accumulate so much that it doesn't really affect you?
18. Absolutely awesome!
19. So your kind of using the same skills as people in mlm right?
20. Excellent videos, but still confused in one department. What exactly is taking place that contributes to the passive income? I know little about real estate as well, but always thought real estate investments consisted of being a landlord. What is the procedure that allowed the 16k to come in?