How to Be in the Top 1% and Build Passive Income Without Going Back to School or Starting a Biz

My decision tree & model for increasing my income that anyone can adopt

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The other night, I conversed with a friend about how @ss backward our society’s financial advice is….

You know, “Take out student loans, go to college, and buy a house because it’s a great investment”.

B.S.

Your house (primary residence) is a liability, not an asset.

Anyways, I pointed out — that most people who earn less than $200k a year (which is the majority of folks), would be better served buying a very boring business that has cashflows in the six-figure range instead of buying a primary residence.

As soon as I got home, my mind go to work; I ended up building a very simple decision tree (at least, I hope it’s simple — you can tell me in the comments if it’s not easy to understand).

Photo Credit: Created by author

Basically, if you’re outside of tech, medicine, law, or another very high-paying profession…you should look at investing in local businesses like a pack & ship…