58. Investing is a Mindset

Learned and applied from some of the greatest business minds in the world, Brad Sugars teaches his top seven principles for creating wealth. He outlines the importance of making investing and investments your ultimate hobby (versus a chore, as some people view it). He also focuses on the importance of buying equity versus loaning for interest (as in a bond or savings account in a bank). Equity provides both capital growth and cashflow, versus just cashflow, which is far better in the long-run. He also advises to “pay yourself first,” and invest it like a “tax,” so you are assured of having resources in your investment account.