Investing $1 Million: How to Create Long Term Wealth and Passive Cashflow

If you want to create change, it starts with you. How? Simple: 1) Take ownership of a problem. 2) Create a solution for that problem. 3) Find others you can serve with the same problem and introduce them to your solution. When you’re ready, this resource will get you started: http://www.http://capitalism.com/start Sam Prentice is an investment expert and the co-founder of Wealthpoint. In this video talk about about generating passive income through investments and what to do after you get a big windfall, from selling a business for example... Show Notes: Some of Sam’s clients used a 1031 exchange to take money from one depreciated property, reinvest it in another property, and defer all capital gain taxes. You can actually 1031 between asset classes as long as they are considered like-kind. Some people exited real estate for a great profit and reinvested the money in oil and gas. Set up a capital warehouse and then go for the cash flow First set up a capital warehouse, which means that you will have a limit to how much you can put into it each year. This is basically a liquid place to store capital which earns a return. For the rest of the money, go for anything cash flow. Keep it simple Look for assets that have a value and buy countercyclical assets when you don’t know what you’re doing so that you can trade them later. Always keep it simple. Look for sweet spots, aka places where you have a strategic advantage either in knowledge, or in the people that you know, or the sector you are familiar with. Learn more about Wealthpoint's Capital Warehouse strategy at: https://gowealthpoint.com/ 🔔 SUBSCRIBE TO CAPITALISM.COM YOUTUBE VIDEOS👇 https://www.youtube.com/user/RyanMora... ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🗣️ TALK TO US ON SOCIAL MEDIA 👇 RYAN: Instagram ►   / ryandanielmoran   Facebook ►   / ryandanielmoran   CAPITALISM.COM Instagram ►   / capitalismdotcom   Facebook ►  / capitalismbethechange   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 💥LISTEN TO THE PODCAST 👇 On iTunes ► https://www.capitalism.com/itunespodcast On Spotify ► https://www.capitalism.com/spotifypod... On Stitcher ► https://www.capitalism.com/stitcherpo... ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 💻 OUR PRODUCTS & COURSES 👇 https://www.capitalism.com/products/ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🤔 What Is Capitalism.com? 😃 Capitalism.com empowers Capitalists to create change. A Capitalist is a visionary type of entrepreneur. While some feel entitled to what belongs to others, we take responsibility for solving problems that we did not create. Whether it’s a global crisis or just an empty bank account, we take ownership for creating change, and we are already hard at work. We don’t post just our lifestyle on Instagram or succeed to look good to other people. A Capitalist doesn’t have to win at the expense of others; no, a Capitalist works with others to create new opportunities that didn’t exist before, and the byproduct is profit. That’s why we embrace being part of the One Percent, because we are willing to outwork and outserve the other 99. We know that if you want to change the world, we must first change ourselves. It doesn’t happen overnight; it starts by serving others and doing the work day after day after day. If you want to create change, it starts with you. So while the world debates, we create. We take responsibility. We solve problems. We build businesses. We create opportunity. And we proudly produce profit. They can judge us, debate us, even blame us and try to tax us, but without us, there would be no change. We are Capitalists, and we create change. Website ► http://capitalism.com ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ If you found this video valuable, give it a thumbs up (it really does help). If you know someone who needs to see it, share it (sharing is caring). Leave a comment below with your thoughts (we love a good conversation). Add it to a playlist if you want to watch it later (or to watch it twice). DISCLAIMER: The information contained on this YouTube Channel and the resources available for download/viewing through this YouTube Channel are for educational and informational purposes only.