78. What Creates Wealth?

Brad Sugars explains the areas that make a good investment, debunks four myths regarding wealth and teaches his 7 Fundamental Rules of Wealth. Wealth is all about investing, and Brad explains that great investments start with capital growth, security, cash-ability (or the ability to quickly turn an asset into cash), the tax advantages of an investment, the ability of an asset to produce income and cashflow, and the ability for you to control the asset. He also talks about the importance of the return of investment first versus a focus on return on investment, and outlines how a lot of “small” investments can add up to a large investment over time.