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#41 - Planting my First Deciduous Money Tree
Nature can teach us a lot about life, business and investing.
A few years back one of my mentors shared with me a simple metaphor of how trees can be related to investing.
In nature, there are two types of trees:
Evergreen Trees
Deciduous Trees
Evergreen trees keep their leaves all year around, whereas deciduous trees shed their leaves in autumn.
Then there are deciduous trees that produce fruit (like our mandarin tree).
When it comes to investing – investments can be ‘evergreen’ or ‘deciduous’ in nature.
It’s important you understand the difference.
An evergreen investment is one that grows in value and size – but DOES NOT produce income.
A deciduous investment is one that grows in value and size – AND produces income.
$17,628.57 in passive income last year!
---
Follow Marshy:
Instagram - @danielgmarshall
Join FREE Weekly Newsletter
Work With Marshy:
Join Money Mastery with Marshy Membership
1:1 Financial Mentoring
Top 5 Episodes of the Podcast:
1) #14 - Finance & Trading Mentor SJ Chiovitti shares her 10-Year journey to Financial Independence
2) #15 - How Olivia Ward went from Year 10 dropout to Australia’s #1 Property Coach
3) #21 - Trevor Blake | Three Simple Steps to Success
4) #1 - “It takes 10 Years to Master your Money, but Poverty & Middle-class takes FOREVER!”
5) #9 - Lloyd J. Ross Shares his Journey towards Money Mastery & Financial Independence
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By Daniel MarshallNature can teach us a lot about life, business and investing.
A few years back one of my mentors shared with me a simple metaphor of how trees can be related to investing.
In nature, there are two types of trees:
Evergreen Trees
Deciduous Trees
Evergreen trees keep their leaves all year around, whereas deciduous trees shed their leaves in autumn.
Then there are deciduous trees that produce fruit (like our mandarin tree).
When it comes to investing – investments can be ‘evergreen’ or ‘deciduous’ in nature.
It’s important you understand the difference.
An evergreen investment is one that grows in value and size – but DOES NOT produce income.
A deciduous investment is one that grows in value and size – AND produces income.
$17,628.57 in passive income last year!
---
Follow Marshy:
Instagram - @danielgmarshall
Join FREE Weekly Newsletter
Work With Marshy:
Join Money Mastery with Marshy Membership
1:1 Financial Mentoring
Top 5 Episodes of the Podcast:
1) #14 - Finance & Trading Mentor SJ Chiovitti shares her 10-Year journey to Financial Independence
2) #15 - How Olivia Ward went from Year 10 dropout to Australia’s #1 Property Coach
3) #21 - Trevor Blake | Three Simple Steps to Success
4) #1 - “It takes 10 Years to Master your Money, but Poverty & Middle-class takes FOREVER!”
5) #9 - Lloyd J. Ross Shares his Journey towards Money Mastery & Financial Independence