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E160: Investing Those Retirement Dollars - Dan Kryzanowski

E160: Investing Those Retirement Dollars - Dan Kryzanowski

FromThe Investor Mindset - Name Your Number Show [$]


E160: Investing Those Retirement Dollars - Dan Kryzanowski

FromThe Investor Mindset - Name Your Number Show [$]

ratings:
Length:
24 minutes
Released:
Oct 22, 2020
Format:
Podcast episode

Description

KEY TAKEAWAYS1. You don't need to just invest in traditional accounts such as stocks and brokerage accounts. This is perhaps the only investment opportunities you'll see offered by certain institutions... but this doesn't mean it's the only method for someone in your position. 2. Taking out money from your retirement will NOT create penalties and fees. This is a common misconception. 3. A custodian is someone who will look after your money and make sure you're on the right path with legal compliance. 4. LPs - if you're not a general partner or sponsor on the deal (not taking the ownership equity and making decisions) you can invest in anyone's deal by working with a custodian. 5. You can't invest in your brother or your sister's deal. There are complicated rules so make sure you speak to a professional and get proper advice.6. Spread your assets across various risk level portfolios so you've got a nice mix of high returns with high risk and lower returns with lower risk.  LINKShttps://www.linkedin.com/in/danielkryzanowski/https://www.crunchbase.com/person/dan-kryzanowskihttps://twitter.com/dkryzanowski
Released:
Oct 22, 2020
Format:
Podcast episode

Titles in the series (100)

What does it take to succeed when others fail? We explore the stories on Investing that you don’t often hear: The trials and challenges that lead to success and the Mindset it takes to make it. We’ll learn from some of the best investors and entrepreneurs, learning through fire-walking their experiences so we can each setup up our game and be our best self. We focus 80% on the motivation & mindset that leads to success, and 20% on the investing strategies & tactics that get us there. About The Host: Steven Pesavento Real Estate Investors & Entrepreneur has always been obsessed with understanding how we can think better, how we can be better and how we can do better. He fought against those limiting beliefs, that held him back and jumped in to Real Estate with no experience. By modeling the mindset & actions of leaders he looked up to, his Real Estate investing his business exploded, buying 150 houses in his first two years, over $22 Million in real estate transactions. Personal development for real estate investors. Model the top real estate investors, house flippers, multifamily syndicators, wholesalers and landlords. We invite guests from all industries to share their mindset with our incredible community. Join the insider club at: https://TheInvestorMindset.com IG @Investormindset https://Facebook.com/theinvestormindset