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Thank you Terry for the input on my post. I appreciate that!
I will have other sources of income, so by the sounds of things, it would be best to rapidly grow my net worth elsewhere then invest into property for a somewhat stable stream of monthly passive income.
The following are my projected streams of income.
Ecommerce branded drop-shipping stores – $260,000 / month
Digital marketing agency – $50,000 / month
Forex trading – $193,000 / month
Property – $300,000 / month
These will sound like unfathomed ridiculous numbers, but a multitude of people have well surpassed these numbers themselves; the only difference is that I’m trying to achieve it in such a short amount of time. These numbers are definitely reachable in this day and age; I just need a unique strategy in place and a huge amount of work ethic. I haven’t pulled these numbers out of nowhere either, I know exactly what income I need in order to do certain things and own certain assets.
With this income I will have the freedom to…
– Build my dream home.
– Purchase my parents a house.
– Own a 2008 Gulfstream G200 aircraft with 400 hours of flying annually (7.7 hours/week) – Operating costs are around $321,300 / month.
– Ability to very comfortably start a family.
– Ability to pay successful people for their time and learn 1-on-1 from them to progress myself further.
– Ability to travel where I want, when I want, and with anyone I want.