Cost of Acquisition and Can I Get a Higher Rate of Return? | BYOB Book Review 14

#147: The Cost of Acquisition can dictate a lot of our decisions in business. The liquidity of having cash on hand can often make or break an opportunity for us. So how do you find the optimal vehicle for wealth that creates returns that offset the cost of acquisition?Joey and Russ talk about the importance of control in investing. They explain that most people’s money doesn’t reside in a place that they can easily access. As a result, they end up making decisions because they HAVE to not because they WANT to. The guys then explain why retraining our mindset to investing in life insurance policies allows us to see the freedom that we can attain that would be impossible with a traditional 401k or IRA fund.This episode helps highlight why we have to look at liquidity in our investments and that the cost of acquisition is often more about the limitations of our money than the amount.Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—