"I created Profit Acceleration Software™ so you can BOOST bottom-line profits using the power of compounding growth without spending more on marketing."- Karl Bryan
One Coaching Thing: Day 166: Investing Post Pandemic
Day 166: Investing Post Pandemic
Last week I got myself in a little hot water with an email comparing two government officials. I’m married so getting in trouble doesn’t really faze me HAHA.
Speaking of which…
On the weekend I learned that you don’t need to leave the house to get drunk and lose your debit card.
Anyhoo…
Your ONE COACHING THING Today Is:
“Investing After the Pandemic”
A subject I’ve studied to an eye-watering level is ‘wealth’.
When I was in Cancun this year for our sixth annual Business Coaching Mastery (BCM6) event I had signs placed all around the room reminding our business coaches of the critical lessons I wanted them to take home.
The sign I placed on stage with me for the duration of the event:
“You Can Get Lucky and Make It… But You Can’t Get Lucky and KEEP IT.”
I was incredibly fortunate to be rich at a young age thanks to business coaching and some insanely successful, and very tight, profit-sharing agreements.
I’ve owned the ‘coolest of the cool’ convertible cars, had 7-figure bank balances and holidays in all the coolest places.
I’ve also lit millions on fire accidentally.
The good news: I’ve studied and deployed wealth strategies very successfully into my life.
Here are pictures of two of my homes with water views.
I’ve subsequently been asked a ton about investment strategies and my advice on investing post-pandemic.
Advice For You And For Your Coaching Clients
I don’t have a crystal ball and there are no guarantees but I can tell you the best predictor of the future, is the past.
Over the past 100 years here’s what history tells me you and I can expect.
The stock market will crash (happening now).
The stock market will stabilize and then get an impressive short-term bump.
The stock market will fall again and further than the initial drop.
Here’s the interesting part.
Real estate will drop a little but stay relatively stable.
12 to 24 months after the stock market low… rookies assume it’s managed to ‘withstand the storm’ (this is where house flipper types will predictably get CRUSHED).
Then real estate crashes.
Therefore… if you want to buy real estate on SALE.
Sit on your wallet for about 12 to 24 months, research areas you’re interested in, and build up some funds.
If none of this made any sense let me translate:
- Dollar-cost average stocks over the next 6 months
- When real estate crashes redeploy those funds into real estate (assuming you prefer RE overstocks and there are arguments for both)
Condition yourself to read financial and real estate news DAILY.
Don’t take advice from anyone that’s not filthy rich and can prove it (even then don’t just blindly trust them).
Learn to form your own opinion and back it up with logic and data.
And if you don’t understand an asset class….
Please don’t invest in it.
*I know I’m going to get asked… so here’s your answer.
I don’t like multifamily cause I don’t like renting to broke people.
You heard it here first.
Obsessed with your business coaching success,
Karl Bryan aka King Karl
PS. Work so hard and strategically that they refer to you as lucky.
PPS. If you’re looking for a proven system to follow for your coaching…. I created business coaching software and high-end step by step training to support it…
It’ll teach you ‘How to find any small business owner $100,000 in 45 minutes without them spending an extra dollar on marketing or advertising.’
Imagine finding your annual $12,000 to $50,000 coaching fees BEFORE you started coaching your new clients?! And a proven coaching system created for you to follow with your new coaching client.
Reply to this post if you want to start following a proven coaching system.
PPPS. Forward this to someone that needs to subscribe to my daily emails and get a limited time, complimentary subscription to my business coaching magazine go here:
https://thesixfigurecoach.com/subscribe/
PPPPS. They tell me my Podcast is Ric Flair style, Money Makin, Client Getten, Joint Venture Landing, Event Fillin’, High-End Coaching Client Findin’ Gold For Business Coaches.
Entertaining, Informative, Uncensored, Unedited: