9d • General discussion
I once lost $600,000 buying four cars
They were beautiful. They looked good in the driveway. But they didn’t create wealth.
Then I took $500,000 and bought two hotels. That investment turned into $6 million in profit.
Here’s the difference. Cars depreciate the second you drive them off the lot. Hotels generate income, appreciate in value, and can be refinanced to pull out equity. One drains your pocket. The other keeps filling it.
This is the mindset shift. Wealth isn’t about what you can buy today. It’s about what you can build that keeps paying you tomorrow.
And here’s the best part. Once your assets are working for you, they can fund the luxuries later. You don’t have to give up the cars, you just let your assets buy them for you.
If you really want freedom, stop chasing things that only look good. Focus on assets that produce cash flow, grow in value, and create opportunities for others too.
The cars turned heads. The hotels built a legacy.
What’s an “expensive lesson” you learned that changed the way you invest?
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I once lost $600,000 buying four cars
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