EP240: How the Banking Industry Is Like the Processed Food Industry
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This episode of Investing in Real Estate is sponsored by ProVision Wealth Strategists. Taxation is one of the most powerful tools for wealth creation if you understand how to use the tax law to your advantage. ProVision is a CPA firm developed exclusively to help entrepreneurs and investors like you maximize your tax benefits. Learn more at provisionwealth.com.
As 2017 comes to a close, I’ve been noticing an influx of commercials for banking and retirement products. Recently, I had an epiphany: the banking industry is similar to the food industry in terms of advertising.
On this episode of Investing in Real Estate, I’ll discuss how the messages we receive about finances are like the messages we receive about food. I’ll talk about why you don’t see commercials for real estate investing, and how to start breaking out of traditional paradigms about wealth building. Don’t miss this episode of Investing in Real Estate!
More About This Show
Food author Michael Pollan posits that you shouldn’t eat food you see commercials for. Pay attention to the commercials the next time your children are watching tv—you’ll see plenty of ads for sugary cereals and other processed junk. But broccoli and oranges? Totally absent.
Have you ever wondered why there are no commercials for real estate investing? Big retirement planning companies advertise so they can make a commission, but real estate investing doesn’t benefit anyone but the investor. There is no middleman; there’s no one making a commission.
It’s the same thing. Big companies and industries are promoting the products that will make them the most money. They don’t have your best interests in mind. Whether it’s your health or your retirement plan, these industries are only worried with lining their pockets.
On today’s show, I’ll speak more in depth about this parallel. I’ll talk about why financial advisors don’t recommend real estate investing, and how you can start seeing these ads through a different lens. Please join me for episode 240 of Investing in Real Estate!
If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.
On this episode you’ll learn:
- Why should we pay attention to what is marketed to children?
- Why don’t real estate investors recommend real estate investing?
- How does Wall Street benefit from commercials?
- And much more!
Episode Resources
Provision Wealth Strategists
EP234: Why Financial Advisors Won’t Talk to You About Real Estate – Interview with Brent Sutherland
The Omnivore’s Dilemma by Michael Pollan
In Defense of Food by Michael Pollan
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