I can’t tell you how many times I have heard, “my financial advisor won’t work with me anymore if I pursue real estate investing,” or “my financial advisor warned me against investing in real estate.” But here’s the thing: your financial advisor is omitting the truth.
On today’s show, you’re going to learn why financial advisors lie about real estate investing. We’re going to talk about why the financial industry creates fear, a conversation on stocks vs. real estate investments, and the importance of transparency.
More About This Show
I’m not here to bash financial advisors, I am simply rebutting statements I have heard multiple times from clients. So what should you do? I’m not going to tell you to fire your financial advisor, and I am certainly not going to pretend to be one. However what I can do is explain why they might be trying to create fear.
Is it because if you invest in real estate you are protecting yourself and your future from volatility therefore eliminating the need for them to move your investments around into other stocks and charge you for that? Maybe they don’t want you to know that you can accelerate your returns.
Investing in real estate when looking at your IRR you have access to three streams of income. And let’s not forget about the tax benefits. Could it possibly be that they don’t want you to have control over your investments? Allowing you to have control jeopardizes the need for their guidance.
When you invest in real estate, you have the ability to choose the right path that suits your needs. And when you own a tangible asset, you’re not going to end up with $0 in your account.
Lastly, let’s talk about those fees—those hidden fees that pop up that drain your account. Transparency is something that should just be expected when it comes to planning for your future and the future of your family. Building your wealth should be straightforward, laid out clearly, no guess work. Clearly that isn’t going to happen with the stock market. So maybe having that discussion with your advisor, can they offer you protection from volatility, acceleration on returns, control over your investments and transparency?
Book a Call with Our Team
HelloFresh.com/investing10 ← Use code INVESTING10 for 10 free meals + free shipping!
Download the free Financial Empowerment Bootcamp
Download the Freedom Cheat Sheet
Subscribe to Investing in Real Estate on iTunes
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
Ready To Build Passive Income Through Rental Real Estate?
Ready to talk about your goals? We're here to show you the tools and teach you the process to begin earning legacy wealth for you and your family.