![]() When Facebook when public and sold its shares for the first time, the sold the shares at $38.įacebook and its investors made $16 billion on with that offering. Lastly, what was once worth nothing, is now selling for $50 or more per share. Third, the rich sell shares of the company (thousands of shares at a time) to poor people like us to make money for themselves. Second, years later, the company is making money and the rich take those shares and now add a value to each one. Just pieces of papers showing equity in a future company and its profits. These shares that they sell are at a price that they determine.įirst, the day the company was created, those shares were worth nothing. Once the business makes enough money, they go to the stock market to sell shares (ownership) of their company to anyone. The rich invest in companies that make a profit from the business. Cashflow Quadrant Book Summary How the Rich Make Their Money I don’t know if I will ever do a retail business again but I do know that investment rental properties are the best way to go to build wealth. Check out an article I wrote about it here: 6 Ways Rental Properties Make You Moneyīecause of the rental properties, I was able to make it through the hard times and I am continuing to invest in them today. One by one, I kept buying more properties.Īfter just six years, I owned 19 rental properties that made me $9,500 a month in gross rents! I would say that my venture into the I side of the cashflow quadrant has been a success.ĪND the passive income is only one out of 6 ways rental properties makes me money. It makes me $550 a month in passive income and will continue to do so until I sell the place many years down the road. ![]() I bought my first rental property in 2007 and still own it to this day. My Venture Into the Investor Section of the Cashflow Quadrant SummaryĪt the same time I started my business, I decided to invest in rental properties. When the economy took a downturn in 2009, my business also declined and made it very hard to profit from it.Īfter a few more years I decided to sell the business to someone who was going to be an owner operator which is what the business needed.
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