Van’s Note: Van Bryan here, Jeff Brown’s longtime managing editor. In addition to our bleeding-edge tech insights, we occasionally like to bring you high-quality investing advice from other great minds in these special Bleeding Edge editions.
And today, we are bringing you some sage advice from our friend and colleague Teeka Tiwari. Teeka shares the best lesson he ever got for growing and maintaining his wealth… instead of falling into his previous boom-and-bust cycle. And critically, that path is something anyone can learn to follow.
For anyone who’s struggled to make their financial dreams a reality, today’s essay is for you.
And if you’d like to hear more from Teeka, be sure to sign up here for his upcoming presentation where he’ll share how he believes investors can achieve financial freedom… in as little as 24 hours.
I felt sweat trickle down the back of my neck…
I was up against a hard deadline. It was four o’clock in the afternoon on a Wednesday in 2013.
The children would be home from school soon… And if their sandwiches weren’t ready, there would be hell to pay.
After a hard-charging, 24-year career in finance, my biggest deadline of the day was making sandwiches for my children when they returned from school.
I had sold one of my companies two years earlier and was trying my hand as a “house dad.” After two years of helping make macaroni necklaces and afternoon sandwiches… I was quickly reaching my limit of domestic “bliss.”
In short, I knew it was time to find my next big project.
As luck would have it, I was contacted at the time by an individual named Tom Dyson, who had heard of me through a mutual friend.
Tom – along with multimillionaire and New York Times bestselling author Mark Ford – ran a business called Palm Beach Research Group.
They convinced me to join their team. And they eventually became my mentors.
I learned a lot about the newsletter business from Tom. But it was Mark’s ideas that really changed the way I thought about creating wealth.
You see, Mark is one of the most brilliant wealth-building gurus I know. When it comes to sharing his knowledge, I’ve found him to be the most generous person I’ve ever met. I will tell you here and now… Mark Ford has done more for me than I can ever repay.
The knowledge he shared through his wealth-building essays and books has thoroughly changed my life. I credit Mark with getting me off the wealth “merry-go-round” in which my wealth would boom and bust every few years.
Mark taught me how to be relentless with self-examination so I wouldn’t fall into the haze of lazy complacency.
Mark has built dozens of businesses from scratch… creating millions of dollars of wealth in the process. He knows more about building wealth than just about anyone. He’s not just a mentor. He’s a “wealth coach.”
How to Make Your Dream a Reality
One of the most important lessons I learned from Mark is that – for most people – getting rich is a “dream.” The problem is that dreams are often too close to fantasy and too far removed from reality.
You see, Mark told me what makes a dream “real” is when you turn it into something specific: a goal. He told me that goals should be specific, actionable, and time-oriented.
For the past five years, I’ve been following that advice. And I can tell you it has transformed my life.
I possess more wealth now than at any other time in my life. And my life today is directly tied to my values.
Today, I can say that I’m living my dreams: From where I live… to the work I do… to the wealth I’ve created… and to the relationships I’ve made with the people I care about.
I won’t tell you it wasn’t work… because it was. But I will tell you your dreams are attainable.
Today, I’ll share with you Mark’s three principles for achieving your dream… and how I’ve used them to live my dream life.
Three Principles to Create Wealth
First, if you want to build your wealth and live your dream life: You need money.
If you spend every penny you make, there’s no way you can reach your financial dreams. When I started on the path to my dream life, what I found was no matter how much I earned, I always spent it all.
Mark taught me I didn’t have a money problem… I had a spending problem.
He told me if I wanted to be rich, I had to drastically lower my expenses and save more while improving the quality of my life right now by making better decisions. He showed me that I didn’t need the most expensive, most exclusive, newest thing.
He had me focus on buying quality items that could last 20 years or more. He showed me the true cost of spending by having me figure out the real cost of what I was buying.
For instance, he showed me how to save hundreds of thousands of dollars by buying a reliable car and keeping it for 15 years rather than changing a car every three years.
My rule of thumb to getting rich is to live well below your means so you can save over 60% of your monthly income. I know that sounds nuts… but it’s doable.
For me, I had to have some tough conversations with my children and (former) wife. I made considerable changes to our lifestyle, from downsizing our cars to chopping up credit cards and embracing staycations.
Second, Mark told me to look for outside-the-box ideas about how to create additional income.
For instance, you can focus on increasing your ability to earn more money by having a side hustle… improving your work ethic… and learning new work skills. I did all three.
I ran two consulting businesses on the side while writing two financial newsletters. I brought more focus to my work and started a program of skill improvement.
Each of these little changes didn’t do much by themselves. But over time, they collectively started to compound upon one another. Soon, I had an explosion of money coming into my life.
And because of Mark’s teachings, I wasn’t spending it all on a bunch of nonsense.
Instead, I put the next part of Mark’s wealth plan into place. I started putting 95% of my money into conservative, income-producing investments and strategies.
The other 5% I used to speculate on asymmetric investments like bitcoin, Ethereum, pre-IPOs, and high-flying tech stocks. Many of those investments ended up making me a fortune… without putting my current lifestyle at risk.
I was finally off the boom-and-bust wealth rollercoaster.
Lastly, Mark told me I needed to step out of my comfort zone and reimagine my ideal dream life. He had me get clear on what my dream was…
And taught me that I didn’t have to buy into anyone else’s dream.
24 Hours to 24/7 Freedom
I owe a debt of gratitude to Mark Ford for changing my life. And I repay it by spreading his ideas and teachings through my writing.
When you put together all the pieces I’ve shared in this essay, you can start living the life you have always imagined. And I believe I’ve found my next idea that could help shrink your entire wealth journey from decades down to just 24 hours.
It’s a form of stock investing that has explosive upside.
863 people used this technique to become millionaires in just 24 hours.
1,600 people used this technique to turn $1,000 into at least $1 million in just 24 hours.
And another 5,000 people used this technique on an entirely different opportunity from those above and became millionaires as well… all in 24 hours.
I call this type of investing 24 Hours to 24/7 Freedom… Because in one specific 24-hour period, you can achieve total financial freedom.
It all has to do with a particular type of investing that targets a specific type of company. One that most people will never hear about until after its explosive move. These ideas can pull forward a lifetime of financial gains in 24 hours.
It has nothing to do with SPACs or cryptos. It all has to do with a three-step method I use to find “24 Hours to 24/7 Freedom” ideas. Let me be clear – these types of investments are rare and extraordinary.
That’s why on Wednesday, June 9, at 8 p.m. ET, I’ll break down how this approach works, and more importantly, I’ll share the details on how you can get access to one of these rare “24 Hours to 24/7 Freedom” investments.
To help prepare you for my special event, I’ve created a three-part mini-course that explains how it all works. You can go right here to join my early action list and learn how to access this mini-course.
Be sure to go through my free mini-course. Then join me on Wednesday, June 9, at 8 p.m. and let me show you how you can put yourself on the path to 24/7 freedom in just 24 hours.
Let the Game Come to You!
Editor, Palm Beach Daily
P.S. As a bonus, on the night of my event, I’ll be giving away a never-before-released pick with the potential to 10X your money. You’ll get the name and ticker symbol, no strings attached.
My past free picks have an incredible average peak gain of 1,691%.
Plus, event VIPs get my special bonus report. Click here to learn how to become a VIP and claim your free report. And remember, attendance at my June 9 event is free as well.