During periods of higher inflation, hard assets will generally outperform soft assets, such as the stock market. I have been able to earn 10-15% returns using certain hard assets, which is a rare rate of return in typical Wall Street based soft assets. Hard assets typically provide a better investment hedge against inflation than soft assets. This isn’t a universal truth, and it doesn’t mean all hard assets are good and all soft assets are bad.
Gary lived a pirate life. A freelance salesman and trader with an airplane, a real estate investor and precious metals advocate. His story sounds like a story out of time in our current age. As I talked to Gary, I learned that living a pirate life is much like living a Money Outlaw life. It is one where you value personal freedom above all else and adapt your economic pursuits to this end. Gary was no different in this regard. He had a rich life that, after I heard his story, I could only marvel at.
If you are utterly terrified to speak in front of any group, why would you put yourself through that pain instead of simply avoiding it for the rest of your natural life? The reason is that this is not a practical way to live. We live in a world where people need to communicate with others, and sometimes that is best accomplished with a speech in front of a group. Being a great public speaker is one of the most important skills you can cultivate.
I made my freelancing journey much easier with this essential reading list. The skill set you need to master when you are self-employed can be daunting, but this list of the 10 best books for freelancers. Many books give you the basics, but far fewer focus on specific skills that allow you to earn a high income. Anyone can be a freelancer, but not everyone will be a top-earning freelancer, so let’s get started with a list of the best books for freelancers.
Real estate investors that have been in the business for a long time have learned creative ways to purchase real estate that you will find scant mention of in many modern forums, podcasts, or websites. Learning how to buy real estate creatively is one of the most valuable skills a real estate investor can learn. Creative finance allows you to build investment opportunities where others don’t even see a deal.
The word Networking draws a lot of opinions and emotions. Some think it is sleazy and some think it is waste of time. Then there are people like me that view it as invaluable. Without networking, I could not have built the Money Outlaw lifestyle. It is a critical cornerstone of being an entrepreneur and alternative investor. Networking is like any skill. Learning the right strategies and practice will turn you into a good networker.