190 - A Lightbulb Moment About Freedom and Investments - Minesh Bhindi

Have you ever had a lightbulb moment where you realized that the time and effort you were putting towards something just wasn't worth it? Minesh Bhindi, a wealth manager, investor, speaker, and CEO of Perfect Portfolio did - and all it took was an unwanted call in the middle of the night to change a lightbulb. Now, he dedicates himself to coaching and mentoring others who want to experience more freedom in their lives and invest safely – but with maximum returns. He knows that investing can be risky, especially if you don't know what you're doing and don't have good mentors in your corner. Listen in to learn some investment advice from a pro and hear how he balances his investment portfolio. Please subscribe to this podcast in iTunes or in the Podcasts App on your phone, and never miss a beat from Leigh by visiting leighbrown.com. If you're tired of doing real estate alone, enroll in  Leigh Brown University and be sure to use your special "CSIRE" discount code at checkout for $10 off your subscription. Time Stamped Show Notes: 01:30 – Introducing Minesh, a real estate professional who got into the industry at 16 years old in London 02:00 – He attributes his success at a young age to the fact that he didn't care about hearing "no"; he could walk away and it wouldn't affect his life 02:30 – He managed to negotiate about 20 million pounds by the time he was 18 years old and purchased his own properties in London 02:40 – His mentor started teaching him about the stock market and other investments 03:00 – The worst experience he's ever had in real estate 03:10 – At 11pm on a Saturday night, he was called to change a lightbulb at one of his properties; he asked for them to do it but they refused 03:20 – He was teaching people about having financial freedom and was upset that he was driving around to change a lightbulb 03:40 – After that point, he decided to leverage the stock market to do real estate like a hedge fund would 03:50 – Property Profits for Life 05:00 – Minesh teaches people to invest with a fully diversified portfolio and better returns with physical real estate 05:00 – Minesh's response to those who say real estate is too risky of an investment 05:00 – He agrees, if you don't know what you're doing or have the right coaches advising you 06:30 – Know what you really want before investing in real estate; it's not usually the property, it's what real estate can bring you 07:45 – On burning bridges 08:10 – He teaches his students to identify that "no more" moment where they're unwilling to continue on with the way they've been doing things 09:00 – He had the tools and people to teach him a better way; he's now that person for others 09:45 – Work smarter and leverage your time better 10:20 – Some pointers about REITs 11:30 – He works with about 150 people a year and focuses on his long-term investments  11:45 – The REIT that he likes the most is VNQ, which is a REIT ETF, not just a REIT, and has brought him impressive results 12:50 – The dividend isn't huge if only considering the short-term but is has a huge reach across multiple sectors of real estate 14:00 – A REIT is a Real Estate Investment Trust 14:40 – If you don't have the capital 14:55 – Find someone who does and start saving so you can invest 15:50 - Go to the Perfect Portfolio homepage to learn more and take this free 1-hour webinar to learn a hassle-free investment strategy 16:15 - Gold and silver investments   14:55 – Minesh aims for his portfolio to be 40% real estate, 40% in the stock market, and 20% in gold and silver; gold and silver go up with everything else 17:45 - He's not a doomsday guy and is optimistic about the future 3 Key Points 1.) Identify what you really want and build your portfolio with that goal in mind.  2.) Investing is hard - if you don't know what you're doing.  3.) Coaching and mentorship are critical to avoid costly and careless mistakes.