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The Power of a Wealth Cycle (Part 2)

In this lesson, I want to stress the importance of a wealth cycle. Back when I was 17 years old and  bought my first piece of real estate, I didn’t know a thing about real estate, the market, or the property. The only thing that saved me was that I had invested at the right time, just when things started to climb without really knowing what I had done. Very similar to real estate prices in Alberta about 5 years ago, it is very common to hear someone say, “If only I knew then what I know now, I would have purchased many more properties.”

Back in 1971, if you had bought a home for $20,000 and sold it in 1980, it would have sold for twice the price, which is a 100% return! However, had you had understood wealth cycles and financial economics, and placed that same $20,000 into silver in 1970, by 1980, it would have been worth over $700,000! That is over a 3500% return! That is the power behind wealth cycles! Learn more on how you can better prepare yourself to benefit from the next wealth cycle.

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You can also speak directly to one of our coaches by calling 1-877-741-8910.

 

Brad Fisher

by Brad Fisher on January 3, 2015 in Blog

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