E322: Passive or Active Investing, Which Approach is Right for You? - Steven Pesavento

Determining what role you want to play in your investments is a key point in deciding what approach is right for you when it comes to real estate investing. It's important for you to, first off, understand who you are and what you're really looking for which will lead you to your strategy and your end goal. Listen as Steve explains these two different approaches so that you can determine which one will help you to live the lifestyle you want. Key TakeawaysReal estate attracts a lot of achievers, who believe in living a better life, and are interested in committing to finding a way to get there. That's what we all have in common.The benefit of passive investing is that you get an expert who lives and breathes real estate, finance, and the economy.The benefit of active investing is that you are hands-on, learning all the details of investing and managing your assets. You might put money into passive investments as a hedge against the investments that you're actively managing.If you are going the active route, it is key to find the right people to learn from, those that have been through it and know how to manage economic fluctuations.If you are going the passive route, you are investing alongside the investment managers who are able to make those hard decisions during times of economic change and high emotion that some people haven't had the experience to do so on their own.Resources MentionedInterested in connecting with other like-minded individuals? Then join our VonFinch Private Capital Network.  Learn more at http://www.vonfinch.com/invest.  Join InvestorMindset.com for more!