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  • #7510596
    Investments
    Jimmy Chrisovergis
    Participant
    Jan 7, 2023

    Hi Will. I’ve just had my commission paid out from last year and I’m a little unsure what to do with the damn thing.

    It’s a healthy program I know.

    Mid six figures. I don’t have any kids and my hobbies are playing guitar and hiking and so it’s difficult to throw it there really either.

    I do aspire to run my own business in the future and so maybe I buy some courses or mentoring for that? The stock market is all over the place so I’m not sure if I should stick it in there either?

    I basically want to get rid of it before it burns a hole in my damn pocket!

    #7510645
    Stuart Summers
    Participant
    Jan 12, 2023
    Stuart Summers Jan 12, 2023

    Property still tends to be the long term winner if you go for the fundamentals that drive growth.

    #7510658
    Will Barron
    Keymaster
    Jan 16, 2023
    Will Barron Jan 16, 2023

    I do two things –

    – S and P 500. Monthly deposit. Don’t try and play the market – dollar cost averaging.
    – Invest into myself – training, mentoring, building the business etc.

    Something Grant Cardone told me a long time ago was to have one main bank account that you live from and then bankrupt yourself each quarter. So if there’s £15k in there right now, invest it and get rid of it so that you HAVE to top up the account to keep your standard of living.

    That’s been really valuable for me to keep progressing and to not get too comfortable.

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