September 6, 2020 - By: Brandon Jenkins
What does the principle of certainty mean to you when it comes to your financial strategy and the investments and products you choose to purchase?
Are you thinking about whether or not your money will be available when you want to use it 5, 10, 20 years down the road?
When you are analyzing whether or not to commit your money to a financial product, do you consider the validity of the assumptions being made about the future performance?
Think about the real estate investor. One of the most difficult aspects of analyzing investment opportunities is accurately underwriting the property.
– What will the rents be before improvements? How about after?
– What is a reasonable estimate of the monthly maintenance costs?
– What about vacancy?
– How old is the roof, HVAC, plumbing, electrical, etc..? When will I be replacing them?
These are just some of the assumptions that need to be made when analyzing an investment property.
How important is it that these assumptions are accurate?
Certainty plays an even more important role when it comes to saving your capital for future emergencies, investments, and opportunities.
The money I save should be guaranteed to never decrease in value, grow conservatively, and to be there when I need it. Volatility is the enemy when it comes to my safe money.
Are you considering the principle of certainty when analyzing where to store your hard-earned dollars?
A sound financial strategy starts with a solid foundation of tier one assets. Building tier one assets is the first step to fortifying and protecting your wealth.
Tier one assets provide a certain level of guaranteed, uninterrupted growth with access throughout your lifetime. You know what your worst case scenario is going in. You can bank on your money being there when you want it.
As always, contact us with any specific questions or ideas concerning the use of your policy, or if you are interested in learning more about adding to your tier one assets.
Thanks, and please share this with anyone you think would find it valuable.