To Be a Millionaire, Don't Park and Pray

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I often talk about new conversations around money, Cash Machines and launching your Wealth Cycle, making millions and achieving financial freedom. Assets to income, income to assets. This is the Wealth Cycle -- the secret to creating and sustaining wealth that the wealthy have used for generations.

On investing, I mention what I call "Park and Pray": how people park their money in traditional Wall Street stocks, IRAs or 401(k)s and pray for financial security down the road. This is a plan for poverty. In my wealth-building community, Live Out Loud, we teach how to invest directly in assets with double-digit returns. Yes, double-digit returns, with no middleman taking a cut of your money. Wealth Cycle Investing is how you generate the cash to invest in more assets, build your passive income and fuel your Cash Machine. ...