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Updated almost 8 years ago on . Most recent reply
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What's your number?
Real estate investors tend to be goal oriented and have a long term outlook.
Have you set a goal for net worth? Number of units? Equity? Passive income?
What's the number you are shooting for? Is it so you can be on 100% passive income? Free you up to do something different? Support a cause you are passionate about?
When you hit your number, what will you do? Set another number?
Are you settled as to WHY it's your number?
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So once you reach your financial numbers, and have all the money you need for you and your family, what do you plan to do with all that money?
I ask this because we come into this world with empty hands and we leave this world with empty hands.
Before my aspirations were in the numbers like the numbers shown above : $10M networth, 10k, 20k, 30k passive income.etc.. After I lost my dad due to a sudden heart attack two years ago, my focus, goals in life, and numbers have definitely changed.
Since college, I have only set goals for myself just in terms of financial wealth, but I now see how important it is to set goals in other forms of wealth: physical wealth (taking care of your health), emotional wealth, spriitual wealth. What good is having a $10M networth if you are emotionally, spiritually and physically poor and know that you have only 2 more years to live?