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Be Wealthy & Smart

Sep 26, 2016

Learn what multi-millionaires talk about with their friends.

Have you checked out the Creating Wealth podcast yet with Jason Hartman? It’s full of amazing information and over 700 podcasts about real estate investing. If you like this podcast, you’ll like that one too.

I’m on vacation with friends in Huntington Beach, CA.

Saw a random post on FB about someone who wanted to hang out with people that have a higher net worth. I believe it was in regard to Jim Rohn’s comment that your income is the average of the 5 people you hang out with - with a twist to net worth.

It made me realize I’m here with 4 other multi-millionaires.

One owned a famous blue jeans company frequently worn by celebs, one is an apartment landlord, two own many houses in at least 4 states. They have all lived near me in Palm Springs at one time or currently do.

I didn’t even think about our net worths consciously before I saw the post.

Our conversation has been very financial this whole trip.

Discussing whether or not RE is in a bubble? Looking at RE to buy, walking the best neighborhoods, getting educated about the area. Talking to a random City Council member about real estate. Shopping at Nordstrom Rack (a “Millionaire Next Door” typical move).

“Once you leave Orange County, CA, you can’t afford to get back in. Homes went up 30 times over.”

Investing choices, cities, rentals, apartments, houses, stocks, silver, art, the Federal Reserve, financial crises, bubbles, etc.

These are all things we routinely discuss in the VIP Experience.

You don't have to hang out with multi-millionaires, but you should be thinking about these 5 questions:

1. Do your friends have a similar net worth to yours?

2.What do you spend your time talking about?

3. Do you do investment research on an everyday consciousness basis?

4. What net worth do you want to achieve?

5. Do you allow yourself to dream and not let “reality” stop you?