Is Your Body Your Only Asset?
Here’s an interesting thought… is your body your only asset?
Remember, an asset is something of value that generates income.
Sure, your human body has a lot of potential to earn income. If you want/need to, you can hire yourself out to an employer and perform work in exchange for an income. And that income will then (ideally) be used to invest in the REAL assets we have been talking about in this series, like investment properties.
But the difference is that an investment property can make you passive income, once the rents coming in overtake the expenses like interest and maintenance. Whereas, if your only “asset” is your body, you’re stuck working for someone else – there’s no passive income in everyday employment.
This really illustrates how important it is to invest in real assets. If you want to set your mind and body free, and become financially free, you must own real assets like investment properties.
This also illustrates a point I’ve spoken about previously… your own home is NOT a real asset, because it does not accomplish this! It won’t generate a passive income for you and it won’t set your body free from the daily grind of your day job.
Get real assets. Start property investing.
Daimien Patterson is the CEO of Integrity Investment Properties, a property investment company based in Australia. He regularly produces books, blogs, and videos on the topic of property investing. Head to [integrityinvestmentproperties.com.au] for your free copy of Daimien’s book, Safe as Houses.