WS1580: Strategic Investing Beyond Wall Street | John Michailidis

How many times have you heard about the idea that Wall Street is the key to securing your financial freedom? High finance may have made millionaires out of speculators, but is this the right path for you? Author, real estate investor and lawyer John Michailidis debunks such an idea in this episode to help people stop falling for Wall Street’s lies. Join us to learn what it means to invest strategically and realize what true financial freedom is like. Key Points From This Episode: What got him started in investing?How does he define investing?What is the difference between speculation and investing?How do we break away from the idea that Wall Street will secure our financial future?How do we think differently about using our 401(k)?What is the difference between strategic and tactical planning? What does he think about the “Become Your Own Banker” concept? Is this legit?What are his projections on the investing market in the next 6, 12 and 18 months?How does he give back to the community? Tweetables: “I see so many people are going to get hurt because they've bought into this lie that investing in Wall Street is the way to financial freedom.”“What your employer tells you to do with the 401(k) to me, is not really investing.”“If you deep dive into what most people are investing in, many people don't own a single investment. Their entire portfolio is a speculation. And that's scary.”“Speculation is literally gambling. You put your money on the table and hope you win something back – you could crap out, you could lose everything.”“Estate planning is an important part of your strategic plans.”“Whatever you want to do, that's up to you. Just know what you're doing. Know the pros and cons of what you're doing.”“Why not pull your money out oAfter interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work. I'm looking for five men to walk closely with who want to lead well at home and work.  Email me at [email protected] and tell me why you should be one of the five. whitneysewell.com  VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow📝 JOIN THE DISCUSSIONhttps://www.facebook.com/groups/realestatesyndication➡️ FOLLOW UShttps://twitter.com/whitney_sewell https://www.instagram.com/whitneysewell/ https://www.linkedin.com/in/whitney-sewell/ ⭐ Be Our Guest!We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over. Apply here: https://lifebridgecapital.com/join-our-podcast/