Are you looking for ways to build wealth so you don’t need to rely on your business income? Investing outside of your business can be a great way to diversify your income streams and create a sense of financial security.
As with any venture, risk is involved, so researching different industries and staying up-to-date on macroeconomic developments are essential factors in achieving successful results. If done correctly, investing outside of your company can yield big benefits – from earning passive income to increasing future wealth opportunities.
In this episode, we talk about making money through outside investments. My guest Terry Tran is the founder of The Freedom Trader, a place that is dedicated to helping you create financial, time, and location freedom outside your business through safe, consistent investing and trading in every market condition.
Whether you’re a budding entrepreneur, full-time business owner, or investor, understanding how to make money from outside investments can be key to building and securing financial success. With investing, now might be the time to expand your knowledge of money-making opportunities.
Listen to this episode to discover what you can do to make more money outside your business.
IN THIS EPISODE, YOU’LL FIND OUT…
- Surviving the eight-year itch (04:47)
- Understanding the fundamentals of a listed business (08:57)
- The difference between trading and investing (11:24)
- How to mix ETFs in your portfolio (16:46)
- Is fractional ownership a good or a bad thing? (18:49)
- Leverage in the investment space – yay or nay? (21:18)
- Common mistakes that trip people up (24:39)
- The importance of looking at profit and loss percentages (26:42)
- Where to start with investing (31:14)
- How to de-risk your financial life (34:49)
“The priority is not just about making money, but is always about protecting what you have.” -Terry Tran
“Leverage is a no unless it’s property equity.” -Terry Tran
“The highest level of business freedom is where you become an investor.” -Carl Taylor
CLICK HERE to download Terry’s Free Checklist
Get In Touch With Terry Tran
- Website: www.thefreedomtrader.com
- Facebook: https://www.facebook.com/TheFreedomTrader
- LinkedIn: https://www.linkedin.com/in/terrytranlinkedin/
- Instagram: https://www.instagram.com/thefreedomtrader/
- YouTube: https://www.youtube.com/c/ThefreedomtraderTerryTran
ABOUT TERRY TRAN
Terry Tran is the founder of TheFreedomTrader.com.
A place that drops all the BS and hype, and is dedicated to helping you create financial, time and location freedom outside your business through safe, consistent investing and trading in every market condition, even if you are a complete beginner.
Like this episode? Have topics that you would like us to discuss? We’d love to hear your feedback and comments. Let us know by leaving a comment below.