How I Plan To Obtain $100 Million
It has been achieved in my mind
(Listen to audio version of me reading👆)
Our plan
Wealth creation is truly a plan. I have been writing goals out for almost 10 years. I have achieved about half of the goals I set out to obtain.
I plan to achieve the rest of the lofty goals the next 10-20 years.
Using the market cycles to accelerate wealth building opportunities.
Check our previous blogs on wealth cycles and how to use these to your advantage for growth acceleration.
Over time we are going to acquire real estate. Lots and lots of real estate.
This is the one area of my plan that I have not done as much as I would have liked to so far.
We have begun to a small degree with almost a dozen units over the years but nothing close to where I plan to be.
In large part because I have been trying to really time markets and thought this market would go in to depression already the past 6 years.
I didn’t foresee the government and central banks printing trillions and being able to buoy the economy like they have been able to.
They won’t be able to forever.
The day of reckoning is coming.
Someone has to account for all of this currency being printed:
The goals
Goal is about 300 residential single family units for us in the coming decades.
We will then acquire about 10,000 commercial units. A mix of 5-7,000 apartments and 2-3,000 storage units.
There will be mobile home parks and senior housing mixed in as well.
This will be our our every day business provide cash flow and value to residents and investors.
We will also see our bitcoin and silver continue to gain in purchasing power as well.
We will possibly sell in the future however the plan is to lend against those assets and then buy more real estate that cash flow‘s completing the self-reinforcing positive loop.
We will never save in fiat dollars as that is an liability because it continually depreciates.
We will cash flow real estate and we will always save in a hard money like bitcoin instead of dollars.
No certainty
We can’t be sure as to where assets like bitcoin, gold, and silver it will be priced one day but we had a good guess based off of history and knowing exactly how the government has to operate.
As we have shown in recent days the network affects of bitcoin’s price in the coming years.
We have also showed past Fed Chairman Ben Bernanke’s paper in 2002 about deflation and the IMF working paper, 10 years later in 2012, about how to handle the debts they have caused.
We know without a shadow of a doubt governments and central banks HAVE to continue printing currency on a massive scale.
They have told us so.
This means we have to continually hedge and beat inflation by owning “hard assets.”
So this is how I would and plan on obtaining $100 million net worth:
If we acquired 5000 rental units it would probably be with a mix of storage units and mobile home parks as I mentioned earlier.
If I had even 5% ownership/equity in the $1B real estate portfolio then that would be about $50million.
I expect to have somewhere between 10-20 bitcoin.
At 10 bitcoin with around $5million per coin by we will say 2040 that would be about $50million.
This would be about $100million in net worth.
Not to mention the cash flow coming from the real estate each month.
I would then be lending against my bitcoin to purchase dividend paying stocks and other businesses that would be harder for me to raise money against.
This would in turn increase our wealth and be poured back in to our businesses.
It all starts from decisions that we made 10 years ago, today, and in to the future.
Each dollar matters.
Each decision matters.
Stay strong,
Brandon
Ps. NEXT TIME: We will go over my plan in depth for what I would do if I was given $100M and how to make sure it lasts for generations using what I call the “Grand Theft Auto” strategy.