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why college is an uneducated decision
bitcoin, Breaking Free, Financial, investing, stock market,

Investing For Beginners: How to Make Money Doing (Almost) Nothing

A lot of you have been asking me what you should invest in. So I’ll collectively answer your questions in this post.

First things first, investing, especially in today’s business climate, is so much easier than many might think. And this post aims at dispelling the fears that hold us back from getting ahead.

Money is important to us. It gives us the power and freedom to eat, have a roof over our heads, fuel up our transportation, buy new clothes and other necessities, go out for a night of fun, travel to far away destinations, and so much more!

But for the many of you who don’t have excess money just lying around, and work really hard for the little money you do have, it can be incredibly frightening to just hand your money over to some “investment.”

There are a lot of bad investments and scams out there, and you need to protect yourself against that stuff.

However, there’s never been a better time in history to be an investor!

And it’s also pretty simple if you make the right moves and focus on thinking long term, opposed to tomorrow, next month, or even next year.

So let’s dive into it and hopefully by the end of this, you’ll feel more comfortable about taking CALCULATED risks.

Nothing in life is a guarantee. But, as the saying goes, you gotta play to win!

Or better yet, “You miss 100% of the shots you don’t take.”

So, I would like to discuss 3 possible investment routes you can take, which I think you should be mindful of:

1) Bitcoin & other emerging cryptocurrencies
 
2) Top tech stocks & start-ups that show great potential
 
3) Overseas real estate in developing countries

Alright, so let’s dive right into this!

1) Bitcoin & other emerging cryptocurrencies

Bitcoin is up 806% this year!

In other words, if you invested $1000 1 yr ago, today you’d have $8060.

Basically you’d have made $7060 for doing nothing but buying some Bitcoin.

Now, if you had invested your tax return of, lets say, $4000, you would have made close to $30,000 in 1 year.

Again, for doing nothing.

The reason for this rapid growth is because Bitcoin and cryptocurrencies in general are new to the scene and can be viewed as an infant that will soon grow much larger into an adult. That’s the exponential wave we’re riding.

NOTE: Most people think linearly, such as 1, 2, 3, 4, 5, 6. But today, many industries are growing exponentially! In other words, 1, 2, 4, 8, 16, 32! You see the difference?! The result linearly in 6 spaces, is 6. But exponentially, the result is 32. And it gets way crazier from there… 64, 128, 256, 512, and so on. If we did that linearly, we’d only be at 10! Not 512. So, how this relates is, many companies, cryptocurrencies, and other investments are growing exponentially! In other words, they’re growing REALLY FAST! Faster than we’ve ever seen before. And where there is growth, there is money to be made in investing!!

So back to Bitcoin…

Right now, less than 1% of the World population is using Bitcoin. But that’s changing quickly because people and companies are beginning to trust Bitcoin, which means that it’ll more than likely grow well into a double digit percentage within the next 5 to 10 years.

Maybe sooner, who knows!

Right now Bitcoin is valued at $6,606 in US dollars (that could change by the time you read this!).

But Bitcoin’s estimate of future values ranges from $100,000 to $1,000,000.

So if we take the average estimate of future value of $500,000, and you invest in Bitcoin now at $6,606, then when it matures, you’ll have made a 7500% return.

In other words, if you invest $10,000 into Bitcoin right now, you’ll have $750,000 when it matures in, let’s say, 5-10 years.

That’s not too bad for doing nothing. And it’ll cost you less than a decent used car.

It’s really as simple as that—Bitcoin is hot right now and it’s almost guaranteed to shoot up. But you have a window of opportunity. Once Bitcoin is accepted and used by most companies and people, it’s price will level off, and it’s growth will become ultra slow.

Personally, I think this is the best bet you can make right now if you don’t know much about investing. And personally, I would go all in. And then not look at the price for another 5-10 years.

Just hold it.

And I might add, you don’t want to get trapped on the emotional rollercoaster of investing.

What I mean by that is, most people make decisions emotionally. And emotions can make people think and behave irrationally. And this absolutely affects the price of stocks, currencies, real estate, and other investments.

Day to day, week to week, even year to year, the price of shit can go way up—and way down.

But that’s okay!

Why?

Because you want to be a smart investor! And, in my opinion, smart investors think long-term!

Unless of course you’re a day trader, which I absolutely do not recommend anyone become if they are new to investing.

Take Amazon for example…

Take a look at the progression here and how crazy the ups and downs (volatility) looks in the short term—1 day, 5 days, 1 month, 1 year—and then compare that to the seemingly smooth progression of the stock at 5 years, and the entirety of Amazon’s existence as a publicly traded company, 20 years.

1 DAY – CRAZINESS!
5 DAYS – HUGE JUMP
1 MONTH – ANOTHER HUGE JUMP
1 YEAR – SEEMS LIKE IT’S LEVELING OFF
5 YEARS – LOOKS LIKE A LINEAR LINE UPWARDS
20 YEARS – CLEAR TO SEE IT’S GROWING AT AN EXPONENTIAL RATE!!

I hope that conveys the point I’m trying to make here, which is that a short term perspective can be deceiving, which can negatively influence you to take your money out because you think the world is crumbling!

But if you focus on long term results, you won’t end up getting trapped in an emotional death spiral.

Remember, the ups and downs (volatility) of a stock can be influenced by news articles, the economy, wars, and so much shit it’s mind boggling. But in the long term, most of those variables become irrelevant.

Again, the stock market and investing in general is absolutely more complicated than I’m making it out to be at the moment. But in the context of something like Bitcoin or Top Tech Stocks, I don’t really think so. Nothing in life is guaranteed, but you gotta take some level of risk if you want to take leaps forward financially, or in life in general.

This is where investing in many industries and owning many forms of investments (public equity, private equity, real estate, etc) minimizes your risk of losing it all!

This is referred to as “diversifying.”

Diversifying minimizes your risk in case the entire real estate market collapses, like it did in 2008 due to the subprime mortgage crash.

But even catastrophes such as that one can be weathered by long term thinking. If you hold, don’t sell, and wait out the storm, it’s very possible you’ll lose nothing.

So… again, back to Bitcoin.

If you’d like to buy some Bitcoin, it’s really simple:

  1. Open up a Coinbase account — the most trusted and popular Bitcoin exchange in the world. You can use my affiliate link, which, if you buy at least $100 worth of Bitcoin, we’ll both earn an extra $10 in Bitcoin as an incentive for opening an account (if you use a credit card, add $5 to cover the processing fee). You can get started by clicking here: http://bit.ly/2h60h7l
  2. Connect a bank account or credit card.
  3. Buy some Bitcoin.

And it’s that simple. Now you’re an investor!!

So, moving forward…

2) Top tech stocks & start-ups that show great potential

I love Tech stocks, because although we may think we’re over the hill and have advanced in technology as much as we will, we’re still in the infant stage of where technology is headed.

Here is a list of tech industries that are about to boom in the next 5, 10, 20, and even 30 years:

  • Ai — Artificial Intelligence
  • Ar — Augmented Reality
  • VR — Virtual Reality
  • Biotech — New technology that will revolutionize health, medicine, and our relationship with our doctor.
  • Robotics & automation
  • Self-driving cars
  • Space Travel
  • New high tech cities and construction
  • And many more!

What this means for an investor is that this is just the beginning and we haven’t seen shit yet!

Which means there’s still a ton of room for growth. And if there’s a ton of room for growth, that means there’s a lot of money to be made if you’re invested.

And more than likely, all of the tech companies I’m going to mention below are already diving into one or more of the new industries I mentioned above, which will allow them to continue to experience exponential growth.

For example, Apple is already working on their own self-driving car as well as innovating in AR.

And Google has purchased all the top robotics companies in the world, so imagine Google connected to robots! (Might even sound a bit scary?! lol)

So, as an example, here is the stock growth of each of the top 5 tech companies over the last year:

Tesla — 67%
Netflix — 57%
Apple — 48%
Amazon — 40%
Google — 30%

Back in the day, it was highly unlikely to see a 41 year old company go up 50% in one year and be worth close to 1 trillion dollars. But, in the case of Apple, one of the top tech companies in the world, that’s exactly what’s happening today.

I mean, that’s insane!

However, to truly appreciate what I’m sharing with you, you gotta understand how compounding interest works. If you don’t, stop what you’re doing right now and Google it!

If these companies experience a modest 30% growth year over year for the next 20 years (which really isn’t that long), then… ya know what, fuck it!—Lets just do the math!

I’m going to use a compounding interest calculator, which you can find on Google as well 🙂

If you invested $10,000 in a company’s stock, never invested another dime the rest of your life, and that stock made an average of 15% year over year for the next 20 years…

You’d have close to $200,000.

But here’s where it gets really fucking nuts…

If you waited another 10 years, you’d have…

$700,000!! 😳

THAT’S the power of compounding interest!

And that’s only on one $10,000 investment. Imagine if you kept investing the rest of your life by investing 10-20% of your yearly income!

I’m 30 now. If I waited until 60 for that money to mature, I think I’d be a pretty happy camper if I decided to retire. And don’t forget, our generation will most likely live to 100 or more due to advancements in Health, Medicine and BioTech. So again, think long term! (I can’t say that enough!)

Now, of course, the stock market is more complicated than I’m making it out to be. But if you diversify across companies and industries, hold your positions, and don’t get wrapped up in the emotional bullshit of the ups and downs of the stock market (or any market) due to things like recessions and public emotional roller coaster rides that influence prices, then, more than likely, you’re going to make out like a bandit!

Another thing, I’m not saying the above stocks are the absolute best investments you can make around the world (investments that will experience the most possible growth in the least amount of time).

Because they’re not.

What I’m saying is that, if you have a limited knowledge of investing and want an excellent “set it & forget it” approach, then this is one of the best paths you can take in my opinion.

I look at top tech companies as great long-term investments. Investments you can feel confident about over the long-term.

Just dump in the money your willing to invest and watch the stock (or stocks) climb over time.

HOW TO START INVESTING IN THE STOCK MARKET

  1. Download the Robinhood App
  2. Connect your Bank Account or Credit/Debit Card
  3. Buy stocks!

That easy my friends… and that is fucking awesome BTW!! Was never this easy and used to cost at least $5 a trade. Lucky you, cuz now it’s free!

Moving forward…

3) Overseas real estate in developing countries

Now, this is probably way too advanced for you right now, but I think you should keep this investment opportunity front and center in your mind.

That’s because I believe overseas real estate in developing countries is an incredible investment. And that’s because I’ve seen it first hand!

For example, I’ve been living on and off in Medellin, Colombia for the last few years, and over that period of time, I watched the real estate go up somewhere in the ballpark of 50%. It could actually be more now. Medellin, Colombia is a hidden gem the world is just now discovering and is attracting tourists and investors like bees to honey.

And if you’re collecting rents, which of course you should be, not only are you making money through the value of your equity (ownership of property), you’ll also have cashflow coming in from rents that will continue to increase in value over time. And money being deposited in your account for doing essentially nothing (given you have a management company watching shit for you) is amazing!!

The reason why such RE investments are very much worth giving your attention to, is because, lets face it, America is in decline. I mean, fuck!—Donald Trump is our president. It made me cringe just saying that. So yeah, the U.S. is sort of leveling off and, I believe, will lose much of it’s remaining world power stature over the next 10 years or so. So, you can make money in America buying real estate. No question! But if you want to ride the wave of exponential growth, you should certainly consider investing in real estate in developing countries.

I’ll stop there for now, because if you’re new to investing, overseas investing may not be something you need to (or can) focus on right now.
Just keep it in mind for when you’re ready!

INVESTOR RESOURCES — shit that’ll educate you on investing so you can become truly free and crush life!

  • Cody Shirk — (Make sure to sign up to his newsletter. Seriously! It’s amazing!) —Cody takes the boring out of financial education. He’s a surfing buddy of mine who travels all over the world looking for the best investments and has a partnership program you can buy into (he finds the best global investments for you!). But maybe the best thing about Cody, is that he has by far the best investment newsletter I’ve personally ever seen. About twice a week, he sends you a short and easy to read email that teaches you something epic about investing, and offers you up incredible investment ideas on a silver platter. Highly recommended if you hate the typical dry investor jargon used in most financial newsletters and publications.
  • The Craziest (But Most Awesome) YouTube Video on the Future of this World — it will help you understand what the next 30 years of advancements in tech are going to look like on planet earth. DO NOT MISS THIS!! Seriously.
  • The Intelligent Investor by Benjamin Graham — the most renowned and successful investor in the world, Warren Buffet, swears by the lessons that are taught in this book. It’s the basis for everything he does in business. It’s a thick book, but if you invest the time, it’ll make you A LOT of money and change your life!
  • Warren Buffet — Speaking of, here’s a YouTube search for Warren Buffet videos. I love listening to this guy talk! Genius (yet simple) ideas come streaming out of his mouth without refrain. I always study the best of the best. And that’s because there’s a reason why they’re so successful! And let me give you a hint…. it has NOTHING to do with luck. You can be lucky once or twice, but you can’t be the best for long on luck alone. And the same is true for investors. The best investors in the world use the best strategies in the world. Period. So learn from them! YouTube is especially great for this. Ps… Warren Buffet’s most recent documentary is fucking incredible. You’ll see it when you click that magical link.
  • Financial Times — this is a digital “newspaper” publication that offers up global articles for the smart hardcore investor in mind. It’s hard to find intelligent articles in most newspapers, because lets face it, most people in general aren’t that educated or ambitious. So a lot of the articles you see floating around the world are targeting low-income and relatively uneducated people—because those people make up the bulk of the world. If you want super smart and super blunt articles about what’s going on in the world financially and otherwise, the Financial Times is bad ass! But I will say, the subscription is NOT cheap. But the way I see it, if you wanna get ahead in life, you gotta pay the price one way or another for your education—be it hard knock lessons or paying to learn from the best in the world.
  • Investopedia — I’ve found this site to be a great place to learn the language of investing and other stuff that matters in the investment world. They also have a newsletter that teaches you new terms and offers up some info on what’s going on in the world.

So hey, if you loved this article, you’ll probably love the others too.

Sign up for my email newsletter and get all the goods as they come.

Click this link to sign up now.


Of course, I have to say this, but I am not a financial advisor. I do not guarantee any returns. This is simply my opinion and you should make your own informed decisions by doing your due diligence in terms of investing.

001---Brendan-Welsher
Business, Financial, Mental, Podcast, Sales,

Why People Remain Poor and How to Dominate in Sales with Brendan Welsher

“Because I never got a chance to see ‘the menu,’ I didn’t know how delicious the entrees were.” – Brendan Welsher on his upbringing

Brendan Welsher went from selling drugs and making thousands of dollars every week ripping off coin machines to changing up his mindset and going on to become the marketing director of the largest manufacturer and installer of windows in the country with over 7 million windows sold annually, Anderson Windows.

In this fantastic episode, Brendan shares his gripping story about where he came from and how he was able to rewire his mindset and use his strengths to propel him into a life of abundance.

Along the way you’ll learn:

  • How he sculpted his salesmanship skills by selling flowers with his dad in parking lots with at 14 years old
  • How he leveraged YouTube to develop a single sales team that generates over 12 million in sales per year
  • His counterintuitive approach to getting an education that leads to a great income and fulfilling life
  • A simple way of looking at sales to be effective even if you know nothing about sales
  • What consumers need to make a decision to buy
  • His 5 reasons for why people remain poor.
  • And much more…

LISTEN ON iTunes: http://apple.co/2juIdSF

LISTEN ON YouTube: 

DOWNLOAD MP3: RIGHT CLICK HERE and choose “save as” or “save link as”

why college is an uneducated decision
Breaking Free, Financial, Kurshot's Thoughts,

Plateaus, Expectations, And Cultivating Patience With The Process of Growth

Life is a series of plateaus. If we’re doing it right, then it means we’re constantly growing. And right now, I’m going through a massive transition in life, or in other words, I’m working to overcome a plateau.

The process has been nothing short of brutal, but I don’t think it needs to be. Allow me to explain.

Besides the last week or so, I haven’t been writing or sharing much on FB for a while (3-6 months).

For example, from Sept 18th to Oct 6th, I wrote 3 posts, and none of them carried any significant value to others or myself. If anything, more like travel updates.

And if you know me, that number should be more like 30 posts. And each one, a page long.

It’s most certainly due to the stage of life I’m in.

I’m going from student to creator.

I’m going from reading books and scouring the internet for knowledge 10 hours a day, to working tirelessly to create for the benefit of others. Of course, with the selfish intention of turning my passion into my career.

By helping others (something I do enjoy), I help myself.

Problem is, I’m not having the success I predicted I would have in the time frame I predicted I would have it.

Lofty expectations strike again!

I drastically underestimated the learning curve for online marketing. But really, more than anything, I underestimated the time it would take me to figure out which direction I wanted to travel down with the business that is me, aka, my personal brand.

“I’m not a businessman. I’m a business, man!” –Jigga

And so, basically what had me down was the fact that I’m 30 years old going on 31 in a month, have been preaching all the attributes of a successful man living his dream life, but haven’t truly created ultimate freedom yet.

And that’s the mission—ultimate freedom.

I can’t call up Karla, my lovely friend in El Paso, and tell her to pack up her shit because we’re flying to Paris tomorrow to enjoy a bottle of wine under the Eiffel tower.

paris-dinner-1

And if I can’t do that, then I haven’t achieved my mission.

And if I haven’t achieved my mission, then I haven’t surpassed my expectations.

And if I haven’t surpassed my expectations, then I’m not a happy camper.

And if I’m not a happy camper, then I’m not gonna feel the urge or have access to the creativity necessary to write empowering shit.

Basically, I’m feeling like a failure.

I feel stuck at a plateau. And like Bruce Lee once said, “There are only plateaus, and you must not stay there, you must go beyond them.”

So here’s where my vast knowledge of personal development comes in and saves the day.

Here’s what’s going on:

I’m at a plateau right now in my personal growth and I don’t want to be here. I want to move forward. I want to grow. And more than anything, I want to be FREE in the greatest sense of the word.

I want to do what I want, when I want, where I want, with whom I want, as much as I want.

And I can’t do that until I move past this plateau.

But here’s the thing, that’s okay.

I need to manage my expectations for the time required to make my dream a reality, and if I do that, if I manage my expectations on how long it’s gonna take for me to get to the next stage of my life (ultimate freedom), then I won’t get down on myself or feel like a failure. And then I’ll feel more inspired and empowered to write shit that all of you love (including myself).

So what I need to do is develop more patience and lower my expectations, or rather, recalibrate my expectations.

Because at the end of the day, I know I’m going to achieve what I set out to achieve. I’m either gonna achieve ultimate freedom… or die trying.

Not to sound cliché, but that’s the truth. There’s no other path for me.

It’s like Will Smith said in one of his interviews, “The only thing that I see that is distinctly different about me is I’m not afraid to die on a treadmill. I will not be out-worked, period. You might have more talent than me, you might be smarter than me, you might be sexier than me, you might be all of those things you got it on me in nine categories. But if we get on the treadmill together, there’s two things: You’re getting off first, or I’m going to die. It’s really that simple.”

And so, I think this is something many or even most of us need to implement into our lives.

We need to recalibrate our expectations and have patience with the process.

And if we do this, we’ll live much more fulfilling lives.

Because if you’re doing it right, you’ll always be growing. You’ll always be reaching for the next plateau.

So you gotta learn to understand and enjoy the process.

And probably more than anything, you gotta learn to love yourself, no matter what stage you’re in.


QUESTION OF THE DAY: Are working to overcome a plateau? And if so, do you feel that you’ve been managing your expectations and having patience with the process, or doing something else? Let me know in the comments section at the bottom.

evolving-adventures-pic-470
Financial,

3 Reasons Why Poor People Stay Poor (And How to Get Filthy Rich)

Let’s jump right into it. Here are the 3 reasons why poor people stay poor (and how to get filthy rich):

1) Deep down, poor people don’t really want money: Sure, if you walked up to someone and was like, “Hey, here’s a million dollars.” they would more than likely shit themselves.

But that’s one of few ways the average person could become financially abundant considering how they currently think. And like the lottery curse proves, within a few years, more than likely they’d either spend all the money and go broke, or end up accidentally killing themselves in some crazy fashion.

The reason why poor people don’t really want money is because for their entire life, all their poor family, friends, and community members have been telling them shit like, “money is the root of all evil”, “money doesn’t grow on trees”, “it takes money to make money”, and “rich people are crooks”.

And so, after 20 years of hearing this absolute bullshit everyday of their lives, they’ve been subconsciously programmed to associate negativity to becoming financially abundant, and therefore, don’t even entertain the possibility that they could be, so they never become financially abundant. Simple as that.

Money is not the root of all evil. Money is a tool and can be used for good or bad—just like a knife, hammer, car, or any other tool we use. I’ve never heard anyone call a knife the root of all evil, but nevertheless, you can easily kill someone with a knife, and many have.

The reality is, how money is used is based on the values of the person and culture at hand. And you can just as easily use money to help others (which happens all the time) as you can to hurt them. It’s a human choice. It has nothing to do with money itself.

If you want to become wealthy, you have to get rid of the many limiting beliefs about money that poor people blare out on repeat like a broken record.

2) Since poor people have limiting beliefs about money, they never make the decision to become rich: How does a fireman become a fireman? How does a school teacher become a school teacher? Well, before they can become either of those things, they have to make a decision to become them! And because poor people are culturally allowed to believe that they can become a fireman or school teacher, many of them make a decision to become one and, sure enough, they become one. Crazy how that works, right?!

When a poor person says he wants to be a fireman or school teacher, the other poor people support his decision because “that’s reasonable” but if that same poor person was to say something like, “I’m going to become super wealthy one day!”, his poor peers would laugh at him, “Yeah, sure Billy!! You’re gonna be the next Bill Gates… hahaha!”

But a wealthy person would never say that; they’d never laugh at an awesome goal like that. The poor person laughs because he’s been mentally trained to believe that being rich is not possible, whereas the wealthy person hasn’t been taught that, doesn’t believe it, hence why they’re wealthy.

If you want to become rich, the first step is making a decision to become rich. 

3) Since poor people never make a decision to become rich, they never seek out the knowledge and strategies to do so: When poor people want to become a school teacher, what do they do? They go to school to learn how to become a school teacher. Or an engineer. Or a nurse, Or whatever. But one thing that permanently remains off that what’s-possible-for-me list, is becoming rich.

Since we were never taught anything empowering about money from our poor parents or our poor public schools, it’s never dawned on us that we can study and learn how to become rich. 

Rich people aren’t aliens.

They didn’t come from some other planet. They’re humans just like us. The only difference between poor and rich people is how they think. That’s it. Sure, some are born into money, but the reality is that many rich families lose their wealth and become poor again. It happens all the time. And I’ll tell ya, it’s almost always because the next generation didn’t learn the mental tools or worth ethic they needed to retain the families wealth and just became little spoiled bitches who pissed away everything their parents worked hard for.

Conversely, everyday a ton of poor families become rich families because someone in the family broke through the poor barrier by learning what they needed to learn and working their asses off to become rich.

How did they do it? 

By becoming a student of the rich mindset. By picking up books on financial intelligence and how to make more money, then reading them. By attending seminars on money and investing. By learning about business and how to start and run one that is successful. By seeking out rich people and adding value to their lives in return for learning their ways so they can copy how they became rich.

That’s how it’s done.

So the end of the day, being poor is a choice. Again, the only difference between poor people and rich people is how they think. So get rid of your limiting beliefs taught to you by your poor elders and supported by your poor peers, make a decision to become financially abundant, and go out there and find the books, seminars, podcasts, videos, or the countless other educational material that will teach you to be rich, learn what you have to learn, do what you have to do, and become fucking rich! Trust me, you can do it!

I’ve been a rich man and I’ve been a poor man—and I choose rich every fucking time.”

—Wolf of Wall Street

My Top 3 Financial Book recommendations:

Buy them. Read them. Become rich.

Rich Dad, Poor Dad: What The Rich Teach Their Kids About Money That The Middle And Poor Class Do Not

Think And Grow Rich

4 Hour Work Week: Escape Escape 9 to 5, Live Anywhere, And Join The New Rich

If this read helped you in any way, do yourself a favor and sign up for updates below. Here’s to living an awesome life—cheers!