Want to know what upsets me.  Well, a lot of things really, but seriously it’s when people get taken advantage of.  When predatory “experts” prey upon people’s hopes.  Honestly I am not talking about any specific guru out there in this instance, yet I continuously hear the horror stories of people putting their trust in “Gurus” who have the solution for a price making every promise they can under the sun to make the sale…then coming up short (often way WAY short).

Now I used to be one of those types who might have followed the P.T. Barnum approach to business (“A sucker born every day…”) but not anymore.  There are a LOT of people going through rough times right now.  Rough times often equates to people in search of hope, willing to spend their last dollars or even worse sacrifice paying their bills in hope that they might get rich as the “Guru” promises.

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I get asked this question a lot, which sort of surprises me. Recently I had one of my clients’ say, “Dan, what exactly is the Investor Lifestyle?”

“What do you think it is?” I quickly replied.

“Honestly, I imagine that it’s living without worrying about paying my bills, enjoying time with my children, and going to exotic places for vacation.” she said after thinking about it for a short time.

“Well there you have it; that is the Investor Lifestyle.”

I went on to explain that I can not define her Vision of what that Lifestyle is, nor would I want to. To be honest, the Investor Lifestyle is completely personal. It is self defined. For some of my colleagues it means having thousands of loyal students learning their craft (real estate investing or otherwise), while some want to have the expensive car, big house(s), and fashionable clothing. But that is not everyone’s Vision, for quite a few it simply means doing something that they love (which could actually be their job, but not very often!) or just having the choice/freedom to live each and every day to its fullest.

Living the Investor Lifestyle is all about choice. That choice is defined by the individual, not the environment. Those of us who live it decided at some point in their life Read the rest of this entry