Defining your investing goals is one of the most important steps for any investment.
Before you invest in a single real estate syndication (group investment), you should take the time to think through your investing goals. Do you want to invest for cash flow or appreciation? Short term or long term? What types of asset classes and geographies?
But, perhaps even more important than investing goals is what we talk about in this video: life goals. What do you want your ideal day to look like? What does your morning look like? Who’s with you? What are you doing during that day?
Then, once you have that ideal day in mind, work backwards from there, to help you put everything into perspective. Maybe passive income through investing in real estate is part of that journey, or maybe there are other things that are more important.
Either way, you’ll have a much clearer picture of the goal you’re ultimately aiming for, which drastically increases the chances that your dream will become a reality.
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Learn more about investing goals:
https://www.goodegginvestments.com/blog/investing-goals
https://www.goodegginvestments.com/blog/retirement-reimagined
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