Liam discusses the importance of investing in the UK in 2023, emphasising the need to shift from relying solely on earned income to generating investment income. He explains how investing in the right properties can lead to long-term financial stability and the ability to build a legacy for future generations.
KEY TAKEAWAYS
- The ultimate goal is to become an investor and make money while you sleep. This requires doing something different while you’re awake and understanding where to put your money for long-term growth.
- Most people rely on earned income from a job or business, which can be risky if there are changes in legislation, business models, or unexpected events. Building investment income is crucial for financial stability and freedom.
- Property investing is highlighted as a safe and lucrative asset class in the UK. By investing in the right properties in the right locations, individuals can benefit from passive income and capital appreciation.
- The power of compounding is emphasised, with Warren Buffett stating that it is the eighth wonder of the world. By reinvesting profits and earning consistent returns, individuals can double their money every few years.
BEST MOMENTS
“Most people don’t know what to do. They make money, they spend money. The more they make, the more they spend.”
“If you do not find a way to make money while you sleep, you are going to work until you die.”
“Income follows assets and one of the reasons that I absolutely love property investing is that you do the work once and you get paid for a lifetime.”
“You’re building a legacy for your children, your family, your futures.”
FULL TRANSCRIPT
If you’re listening to the dealmaker podcast, hosted by multimillionaire property investor, entrepreneur, and Guinness World Record holder, Liam Ryan, discover how to start scale and grow your business, become a better negotiator, create more opportunity and make massive profit. So you can live the life of your dreams.
Look, income follows assets, and the ultimate goal is for you to become an investor. Do you like the idea of making money while you sleep? Well, if the answer is yes, which I hope it is, you’ve got to do something different while you’re awake first, most people don’t know what to do. They make money, they spend money, the more they make, the more they spend the maybe you’ve experienced that as well. In today’s marketplace, you may have realised that you’re having to work even harder, you’re having to work even more hours, and you’re actually earning less than the spending power of a pound is pretty much 50% less to what it was 10 years ago. So actually becoming an investor, mastering this skill, understanding where to put your money.
So your money grows over the long term, this is really going to be a game changer for you, your family members, your loved ones your future and perhaps you want to be in a position where you’re building a legacy for your future. Imagine being able to do what you want, when you want with who you want. You make the decisions. You decide how much you want to spend, you decide the holidays you want to go on. But there’s two types of income, you have earned income, which is what 95% of the population have. And then you have investment income. Earned Income typically comes from a job comes from a business. And this has caught millions of people off guard. What happens if you get sick? What happens if there’s a change in legislation? What happens if there’s a change in your business model? What happens if the government kick in what happens if there’s another type of lockdown, most people do not have more than three weeks of money to survive in their bank accounts and this is how people get into bad debt. And this is how people have to keep working and working and working. This is really where society wants you. The aim of the game is to earn money through job or through a business, and then put it into investments. And there’s many different types of asset classes. You’ve got property, hey, I’m a property investor. I’ve been in property for over 20 years, I initially lost over 2 million euros. And in the last eight years, I’ve been involved with over 28 million pounds worth of property deals.
So look, property is always going to be a safe place to put your money. But you’ve also got things like stocks and shares and bonds and gold and silver and crypto, and different types of pension products and cars and watches. So there’s many, many places in which you can put your money and Warren Buffett, one of the smartest investors in the world. He says, If you do not find a way to make money while you sleep, you are going to work until you die. So where is your money going right now? Are you wasting the money on cigarettes, alcohol, buying the best trainers trying to keep up with the Joneses. And I’m not saying that you cannot have a great life. I’m not saying don’t spend money. I love spending money. But you want to spend money. And you want to feed your lifestyle from investment income rather than earned income. So let’s talk about property investing and how this works. Income follows assets. And one of the reasons that I absolutely love property investing is that you do the work once and you get paid for a lifetime. You do the work once and you get paid for a lifetime. And when you invest into the right properties in the right location with the right tenant or guest type number one, you get what’s called passive income, pretty much making money without doing much of the work. And number two, here in the UK, you get capital appreciation. Many properties areas in the US Take a property prices double every 10 years, they double every 10 years, we have got one of the strongest, most lucrative property markets in the world. And this is why I truly believe that every single person in the UK should at least have a foundation of a number of properties in their portfolio. Because you do the work once you get paid for a lifetime, you building a legacy for your children, your family, your futures. If we look at, say, single investing, you’ll typically be making say three or 400 pounds net profit on a single leg, let’s say it’s 400 pounds, with 10 of these properties and you’re making 4000 pounds per calendar month. What would an extra 4000 pounds a month do for you right now? Could that replace your income? Could it double your income? Could that allow you to have an extra holiday? Could that put you in a position where you can start saying yes to life, rather than saying no to life, could that enable you to do more with your loved ones put you in a place from good debt rather than bad debt. And you only need 10 of those to be generating 4000 pounds. Now, if you go for say hi cash flowing strategy, something like a hate HMO, a house in multiple occupancy or serviced accommodation, you can take the same property as a single let use a different strategy. And that property could be generating you 15,000 pounds per year per property. Well, now, let’s say you have four of those that’s going to be generating you around, well three is 45, around 60,000 pounds per year, you have 10 of those, you could be up at around 150,000 pounds per year, complete game changer. And then once your assets are making money for you, you can diversify and you can put that money into other places. And I really feel it’s important to understand investing, understand compounding. Compounding is making money on the money that you’ve already made. Warren Buffett, he says it’s the eighth wonder of the world. And if you are making 20% a year, return on something, and you keep investing the profit, you double your money every four years. So imagine taking 10,000 and turning it to 20,000. Taking 100,000 taking it to 200,000. Hey, imagine having a million and turning that into 2 million more risk, more reward, you can’t have the reward without an element of the risk. So my recommendation is stop spending money on shite. Really focusing on generating as much income from assets as you possibly can.
Property being the main asset class, and then you can have the watches and the cars and you can go into some more risky elements like crypto investing or other things and have a diverse investment portfolio. But the sooner you understand investing, the sooner you understand property, the sooner you get your money working for you. The sooner you your family, your futures are protected. Hey, my name is Liam Ryan. I’ve been investing for years and years and years. I know what works. I know what doesn’t work. I now own the UK is leading property business and wealth training organization. I really help ordinary people just like you and I go and get extraordinary results through advanced training, mentorships retreats. I’ve literally now trained 1000s and 1000s of people and people say Liam, we get a great experience, we get great results. Why? Because I keep it niche. I make sure you’re getting the right help and the right support.
So if you’re watching this now, and you’ve enjoyed this piece of content, and you are someone that is driven, and you liked the idea of mastering how to make money, how to manage money, how to multiply your money and make money while you sleep, hey, I’ve got a gift for you. Somewhere in the description. There’s a link, hit that link, grab a free ticket to one of my up and coming property welfare events. Come and hang out with me and my team. And let’s have some fun. Let’s have some adventure. Let’s get you on track for winning. So if you’re listening to this now you’ve had a great piece of content and you are driven and hungry to make money manage money more Multiply money in you want to win and go to that next level, be part of a great team be full of adventure, and really understand a step by step to predict plan based on facts and figures and graphs and charts, really to show you how to win in life, then why don’t you head over to www dot assets for life.co.uk and grab a free ticket to one of my upcoming events.
I really appreciate you being part of this journey. I love people. I love property. I love business. If I can do it, you can do it. So head over to www dot assets for life.co.uk and grab your ticket right now.
You’re listening to the dealmaker podcast, hosted by multimillionaire property investor, entrepreneur, and Guinness World Record holder Liam Ryan, discover how to start scale and grow your business become a better negotiator create more opportunity and to make massive profit so you can live the life of your dreams, dreams.
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