In today's episode, I want to pull apart a concept that I think is really important for investors to understand, particularly experienced investors who may feel that they are getting a lot of wins. 

I want to distinguish between passive and active investing and how that contributes to a passive income investing strategy.  

I had a call earlier this week with a really great guy who has, on all accounts, been really successful both in terms of business and his investing endeavours: he's purchased a number of real estate projects. Some of those have phenomenal development potential and it looks like he's going to be able to convert a couple of those sites into some industrial, light industrial and townhouse construction developments.  

I started to pull apart what this guy already had in play. And it was really apparent to me that although on the surface it was a great portfolio, he had a high net worth and a great income, he had to work really, really hard to make this strategy that he was working on profitable.  

We cover:

• what investors should be aware of as their net worth grows,
• the difference between active and passive investing,
• what a passive income investing strategy is, and
• why true wealth building is about creating a passive investment.

—

Connect:

Website: https://www.inkosiwealth.com

Facebook: https://www.facebook.com/iamSalenaKulkarni

LinkedIn: https://www.linkedin.com/in/propertystrategist/

YouTube: https://www.youtube.com/c/FreedomWarrior