Shattering Money Myths with Stephanie Walter

In the pursuit of retirement security, many people turn to traditional investment avenues like 401(k)s. In the most recent episode of Zen and the Art of Real Estate Investing, Jonathan explores alternative retirement strategies with guest Stephanie Walter, the founder and CEO of Erbe Wealth. 

Stephanie's journey from residential real estate investments to syndications, culminating in the sale of her insurance business, reveals the potential opportunities for retirement planning outside of an employer 401(k) or stocks. As she waded deeper into the investing world and began studying the habits of wealthy investors, she uncovered some of the biggest money myths people have about the wealthy.

Stephanie Walter is a wealth strategist, speaker, and accomplished syndicator. Her mission is to empower others by demonstrating that her wealth-building strategy is accessible to anyone who dares to embrace a new mindset.

In this episode, you’ll hear Stephanie share:

• The wealthy have a utilization mindset. They want their money to generate cash flow or appreciation at all times. Their money works for them much like an employee would.

• Real estate will always appreciate unless you have a timeline to sell it.

• Diversify your portfolio. Be aware of your assets, their fees, compounding interest, etc., because it could be costing you money. The wealthy diversify in non-market assets as well as the stock market.

Diversification is a crucial strategy toward creating the retirement you want, and Stephanie Walter wants you to know what the wealthy already know to plan a better future for yourself.

If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out http://www.trustgreene.com/podcast/zen/064.