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Your employees and investors can take their experience to build empires of their own.

Yesterday I was reading this book Empire Of Their Own, how the Jews invented Hollywood and they made a point that the employees and investors in the protagonist’s ventures actually took their experience and used it to build their own empires. 

In the story the gentleman embarked on various ventures.  He started a fur company and then started an arcade (when video games were as easily accessible via home consoles) and at this point in the story he is getting into building theatres.  

This resonated with me because I can see how that would happen.  When you become an investor or employee you get inside the room where boss talk happens. You learn merely by osmosis, you learn the language, you learn what success and failure look like.  This all gets incorporated into what you are doing forward. 

A lot of people don’t do things like build a business or invest just because they are ignorant of what it takes.  They are ignorant of how to get started, how to overcome things or how to manage the day to do.  They just lack knowledge and first hand experience.

This is why I say experience is the ROI on a lot of your early deals and the beginning of your investment career.  When is say this people hate it because they want money money money.  Experience isn’t as sexy to people as a deal that yields you $350k but experience is much more valuable than that money.  If you make $350k on accident and didn’t even know what you were doing you just happened to buy in the right market you will get slammed, just ask all the 2009 ballers. 

“Money comes to professional investors not just investors who do it casually and without intention.”

The experience is the ROI. The experience is what gets you to professional status and then to wealth status.  As I write this I really realize this to be true.  Investing is a profession not a get rich quick move.  

An example would be basketball.  Basketball players don’t make riches; professional basketball players earn riches. The distinction is your professionalism. 

If you are just starting out, you might need to follow someone who knows what they are doing to get your skills and experience up.  Don’t rush riches now, rush the learning, get actively involved not just passively.  You don’t get buff watching other people lift weights.  You get buff lifting those weights.  

This morning I posted that I found a home for $1k that needs $10,000 in work.  The home will be worth $45k when its done and be worth $100k in a few years.  I’ll keep it and rent it and chock it up as a net worth play.  If I’m in it for $11k I just increased my net worth $34k. That is experience in a lot of ways. It is experience because I don’t need to flip it to have it, a lot of people think they have to sell property to make money. It is also experience because I got the deal for cheap and the rehab for cheap. Newbies don’t get deals slid to them and the don’t get solid deals on rehab like that. 

The point of this post is that getting involved in deals in any capacity lays the foundation for you to do deals.   If you don’t have the money to do your own deal I would advise you to get involved in someone else’s deal.  You wont’ get rich in money but you will get rich in experience. Doing something even on a small level is a lot better than doing nothing at a high level.  The high level will come as you take steps not as you continue to sit and think about the big things you want to do.  Get started, to do something and pivot as you grow. 

Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. 

You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY

Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50

Check out the Todd Capital Store at www.gumroad.com/toddcapital

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

Thanks for reading!

Be great, invest well,

Todd Millionaire

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Hustle more, hate less

Hustle. What does that word mean to you? You see it all over the internet in motivational quotes. It’s on hats and t-shirts. It’s in practically every rap song on the radio.

Hustle: busy movement or activity.

Everybody likes to say that they hustle.

They’re hashtagging it. Creating memes and graphics. People are all over social media talking about how much they “hustle”.

Everybody’s a hustler, no-one’s sleeping at all.

Then you take a good look. If you see them at work they do the bare minimum. They do just enough work to not get fired. Forget hustle, some people don’t even work while at work.

Then of course, the weekend comes…

And they’re in the club or they’re at the movies. They’re at restaurants. Or at a cookout, all day long.

Some people don’t even go out and party. They just stay at home and watch TV all weekend.

Where’s all the hustle that people brag about on social media?

It’s mostly fiction. It just makes people feel good to claim that they’re constantly hustling. Then there’s the flip side…

The hate.

People are all over the internet leaving negative comments about others who are actually making things happen.

Instead of producing, they’re hating on those that are producing.

If you have money problems then here’s what you need to do:

Continue reading “Hustle more, hate less”

Weekly Update: Manic Monday Email

Greetings Members,

Happy Manic Monday to you all. Hopefully you all are as just as excited as I am about this being the final few days of winter as we transition to spring time. With the break in weather I’m hopefully for a more rosy and dynamic second quarter in the 2019 trading season. The winter session wasn’t exciting catastrophic but it was indeed a mixed bag of results to say the least. 
The most intriguing thing set to come up in the second quarter is the IPOs of some of the biggest tech darlings of the last decade and it will start with the launch of Lyft’s slated $23Billion valuation next week. Though I’m not advocating for us as a collective group to get in on this or any other initial public offerings I do believe they will have a positive effect on the market and some of our other holdings. So I implore that we all be vigilant and deliberate in our position takings. 
Tax Filings Documents
 Below is an update on the status of the 1099s forms and why they haven’t been dispensed as of yet: 
The reason is we don’t have all of your information.  I think I mentioned this in a email a while back but bivio requires both the address and ssn for all members to be input in the system in order to generate the 1099s. 

This is a problem. It is a problem because I don’t think we can get 99 people to act on this within the week, if at all.  100% participation is unrealistic but 100% participation is what is required.  

I have contacted bivio to find out if they have a workaround and if so we will get those forms to you. In the meantime, PLEASE input your information on bivio TODAY!”  


These are the words from our ED about the state of the crucial documents we all need to submit an accurate financial report to the IRS for 2018.  Please be sure to submit your information IMMEDIATELY! For no other reason, you don’t want to cause yourself to be late filing your tax returns nor be the cause of other members being late with theirs either.


Monthly Conference Call

 Our monthly club conference call will take place this coming Friday March 25, 2019, 9pm Eastern, 6pm Pacific. For the first time the call maybe be broken up until two separate calls so as to not overlap varying activities within the club by the different the divisions. Definitely on the agenda of things that needs to be discussed Charles and I will discuss whether this month’s call will be the first separate or will we start in April. 
FYI

Tilray is set to report after the close today which should be a good indication about how our investment in the Canadian cannabis producing industry is faring. I honestly don’t know what to expect the industry as I’ve repeated many times is still very much in its young infancy and has no track record of performance, results, or trends. But if I had to take a guess, I’d say it would say that Tilray will follows the trend of the other major Canadian names where production has increase as well as revenues but so has operating expenses. This should be a very interesting report for look out for that after the close. 

Communication 


In addition to these weekly emails I would also like all of our members to be more active in our slack groups. This group is not merely a passive experience but a think tank to share ideas and gain other perspectives. Please use the slack links below: 


Investment Club for Stocks: https://join.slack.com/t/tcinvestmentclub/shared_invite/enQtNTE2MjUxNzY5NzYyLWZjMGI0MzA2MTA4Y2IyMGM1NzU2NjBkZTlhNGY4YmY2ZmZmNGQ1ZmE4YTIwZWVkN2VhNTczMjk0MmRmNzY0YTI


Investment Club for Real Estate: https://join.slack.com/t/todd-acquisitions/shared_invite/enQtNTE0MjQwNzc4Mjk0LTQzMWMyOTkxMGE5YzAwZWQ4OTk4OTA4ZDRmMGEzNjk0NjBmN2IyODZlMTMwZmE0ZjBkODRjNDdlZGVjNzYyOTg


This is just the chat thread so you can stay abreast of what is going on.  You wont be actual RE Club members until you partner on a deal IF you decide to partner on a deal.


In Closing

Information from this weekly email is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for analysis  purposes only. Be sure to understand all risks involved with each strategy, before attempting to place any trade.

Per usual hope you all have a great and prosperous week and an even better investment week. Will talk to you soon!! 


Jamaal W Vetose 

President 
Todd Capital Investments

What do you do after you win?

One of the most memorable moments in investment club history (I like the way that sounds) was when we bought out a member of the club who wanted to force cash out of the club. We saw members rally around the WHY of the organization to push out someone who just didn’t fit the mold.

What is the why of the club though? What is this “mold” that I am speaking of? I am glad you asked. The WHY is wealth, not short term money. The “mold” is collectivism and team work.

I bring this up because every now and then we get new people in the club who want to force my hand. They want to push us to distribute funds, they want to push us to project crazy ROIs and short term acquisition goals and that just isn’t how we do things. Wealth is built slow not in a rush and we are making slow and steady progress to the goal not rushing. Rushing is how you ruin things.

See, people have to understand that it wasn’t the ROI that kept your family poor. It wasn’t that they owned two doors when they should have owned 100. What kept your family poor was that they didn’t own ANY doors and the didn’t have cash set aside despite an ROI. The ROI isn’t want gets you rich. The preservation and that actions that lead to that preservation is what you gets you there.

In order to become successful you have to become dedicated to the process, not the results. This is a big Inky Barnes principle. He drills it into every message. What I mean by this is that you have to fall in love with the practice of investing, the mindset of getting cash and throwing it away despite all the great things you could do with that cash, not the result of investing. The result is the ROI, the result is the number of doors. I am in love with the act of buying great companies, the ROI is the bonus.

The point of this post is what I constantly drill into people. The point of this post is what you do after you win. WOW. What do you do when you make a bunch of money on your homes and stocks? Is it Louis time? Is it Vacation time??? It is neither of those, it is time to double down on what you did before.

This week I talked about the cashflow game and how the point of the game is to continue to buy more passive income. I brought this up because we are at a point in our rents where we can either distribute $10,000 or buy another home. When partners see money they want that money. The employee mindset is that way. The net worth cashflow mindset knows the collective $10,000 is stronger than a bunch of $1,000 twigs.

My frat bro and I had lunch and he made point that really resonated with me. The point was that together the $10k is powerful but distributed it is weak. The bundle of sticks is what the community is lacking, we already have a bunch of twigs. Our real estate portfolio has allowed us to consistently bundle sticks. When we bundle them we must reject the emotional pull to start distributing and adopt the investor mindset discussed in episode 95. This mindset is a complete mind flip from how we were raised. It is the opposite of what the Joneses do.

In a lot of ways our members look at the group only on the basis of principal amount invested and not the combined capital gains and rental income that we accumulate. We then become return oriented investors and not networth investors. The club isn’t about that though.

I was reading in The Buffet “University of Berkshire Hathaway” about how Buffet would literally buy businesses just so he had money to invest in companies. This blew my mind. I thought the purpose of buying businesses was to buy a Rolls and here this guy was, generating multiple billions just so he can invest on a larger scale. The point of this post is that is what we can and must do. As the properties flow it is not time to eat the fruit. It is time to plant the fruit to grow more trees to ultimately get a forest full of trees.

The plan

Going forward, the plan needs to be to buy and buy more and then buy some more. To take gains and buy more, constantly buying more and more monthly income to the point that we have more homes than we can handle. So much cashflow that we can’t get rid of it. That is wealth. Rich is money you can lose over summer with a drug habit but you can’t get rid of wealth. – Chris Rock.

Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. 

You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY

Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50

Check out the Todd Capital Store at www.gumroad.com/toddcapital

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

Thanks for reading!

Be great, invest well,

Todd Millionaire

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Weekly Update:Manic Monday Email

Greetings Members,

 Happy Manic Monday to you all! As we have sprung forward an hour in accordance with daylight savings, let us hope that we will also spring forward with the market and its market happenings. Though the market continues to rally, it is despite of the fact the overall all this earning season has been very mediocre. Most company have either just met estimates, missed on one number or another, or missed estimates altogether. I’ve slow to label it correction, a response to global trade tensions, or anything else that seems to be floating around. But we should all closely monitor the trends that continue to take shape. 
  New Today

Harvest Health and Recreation Inc. (HRVSF) said Monday that it plans to buy rival cannabis company Verano Holdings LLC for $850 million in stock. Harvest Health trades on the Canadian Securities Exchange and over the counter in the U.S. and went public in November on the CSE. Harvest Health’s over the counter stock surged more than 12% in Monday trading. This continues the trend of M&A activity that has become the norm within this sector young infancy! This is still a very volatile sector, with no proven track record to compare, but if profits are going to be made in the early days it will come from M&A as well as partnerships with more established brands.


Position Openings


I’m happy to announce that the only has one open position of need for right now. We have had sometime come forward with regards to the membership coordinator position and we’re to get that more focused to offer you all a more smooth experience within the club operations. But we are still in need of a capable individual to help with the Voleo platform so as to bring everyone together on one accord about things that we’re implementing club-wide. If I don’t receive any inquiries I’ll try my best to find someone who is active on the platform who driving conversations and content already to see if they would be willing to take on the role. I’ll keep you posted. 



Communication 


In addition to these weekly emails I would also like all of our members to be more active in our slack groups. This group is not merely a passive experience but a think tank to share ideas and gain other perspectives. Please use the slack links below: 


Investment Club for Stocks: https://join.slack.com/t/tcinvestmentclub/shared_invite/enQtNTE2MjUxNzY5NzYyLWZjMGI0MzA2MTA4Y2IyMGM1NzU2NjBkZTlhNGY4YmY2ZmZmNGQ1ZmE4YTIwZWVkN2VhNTczMjk0MmRmNzY0YTI


Investment Club for Real Estate: https://join.slack.com/t/todd-acquisitions/shared_invite/enQtNTE0MjQwNzc4Mjk0LTQzMWMyOTkxMGE5YzAwZWQ4OTk4OTA4ZDRmMGEzNjk0NjBmN2IyODZlMTMwZmE0ZjBkODRjNDdlZGVjNzYyOTg


This is just the chat thread so you can stay abreast of what is going on.  You wont be actual RE Club members until you partner on a deal IF you decide to partner on a deal.


In Closing

Information from this weekly email is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for analysis  purposes only. Be sure to understand all risks involved with each strategy, before attempting to place any trade.

Per usual hope you all have a great and prosperous week and an even better investment week. Will talk to you soon!! 


Jamaal W Vetose 
President

Todd Capital Investments
443-903-5162

Cash is useless, cashflow is everything

In the game of “Cashflow”, cash is more of a liability than an asset. The reason for this is that your goal is to accumulate more passive income than your living expenses. Since cash is not equiviligent to cashflow, no matter how much cash you have you can’t get out of the rate race.

As a result you must immediately get rid of your cash to create more cashflow.

This was a huge mind shift for me because I don’t play monopoly the same way. I am always worrying about having enough cash to float the rent and buying properties is a bonus. This isn’t how you can do life if you want to win financially though. You must play to win

This is a competing interest because on one hand you would think cash is the most important thing because we play the wealth game and the work game for money. If we have more money we can buy more things and if we have more money we can improve our life. If we have an improved life we can stunt on the gram and if you aren’t stunting on the gram are you really living?

The answer is that most people who we think are living aren’t really living. Living is when you have no worries because you have more than enough money to never lose.

The point of the cashflow game isn’t more stuff or improved quality of life, although that is a result of winning the cashflow game. The point of the cashflow game is to get out of the rat race. The problem isn’t the stuff, the problem is the order in which you pursuit the stuff.

In regard to the game, if you get cash and don’t deploy it you don’t move ahead in the game, instead you merely extend the amount of time that you go around the circle. I relate this to real life. In life we have options. We all get cash in the form of a paycheck but the decision is lifestyle or cashflow. In the game the goal is focused on winning the game but in real life you can now win the game but appear as though you are winning the game or never even play the game and ultimately lose, generationally.

I was thinking about that this morning as the balance in our rental income account increased again. The question we always wonder about when we get here is whether to take a distribution or to not take a distribution. Whether we eat the cash or put it to work.

The mindset we have to adopt is one of ownership and not of cash. One of net worth and not of liquidity and spending power. There is no such thing as spending power. Spending is not powerful. Ownership is power. Retention of cash via permanent assets is the power. Cash alone wont do the trick. If you only generate passive income to blow it you have not won the game. You must continue to turn it into cashflow and more net worth. All money must be reinvested.

Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. 

You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY

Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50

Check out the Todd Capital Store at www.gumroad.com/toddcapital

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

Thanks for reading!

Be great, invest well,

Todd Millionaire

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Money can speed up the process but money is not the only thing that you can invest to get a return and thus get wealth

Poverty is a mindset and it runs deep. In a lot of us, poverty runs deep down to our soul. It runs so deep that we look over all the ways that we can get out of poverty, in order to stay in poverty and complain about poverty.

If we adopt the premise that you have to invest something to get a return and your investments combined with your returns make you wealthy we can agree that that premise doesn’t require an investment of money. Money can speed up the process but money is not the only thing that you can invest to get a return and thus get wealth.

Expanding on this premise leads me to the concept of investing time and labor. My professor is big on the concept of investing time. He doesn’t give time, he doesn’t waste time he invests it. No matter how poor you think you are you have to agree that you do have time. You have 24 hours in a day. If you work 8 hours you have another 8 hours to invest. 8 hours funds your life and another 8 hours funds your wealth.

Another thing that you have, is your labor. By investing your labor you can create a return that turns into wealth.

The reason I am harping on investments of time and labor is because it destroys the idea that you need generational wealth to create more wealth. It also destroys the idea that if you are poor you can’t ever win. You can win because at the end of it all you have your time and your labor.

Think of early start up employees who take stock options in lieu of higher pay. These people win because they are willing to take the risk that the company won’t be around, when it blows up they get a win on the upside. Not having money is not an excuse for not getting money. Change your mindset.

Here are some examples of how you can invest your time to create wealth:

Turn off Netflix and turn on YouTube.

Work more hours in the day.

Use your spare time to build a business.

Use your spare time to read a book on your career.

Use your spare time to work another job.

Use your spare time taking a course, reading or getting another degree.

Wealth is more about making productive use of your time than finding more time.

Here are some examples of how you can invest your labor to create wealth:

Work for someone you admire for free.

Work weekends to make an extra $1000 to $2000 that you dedicate toward investing.

Offer to contribute your skills to a deal in return for equity in the deal.

Offer to contribute your knowledge to the deal in return for equity in the deal.

Work for less than you are worth to gain skills, exposure and insight.

Again, the list goes on and on. Wealth isn’t about what you have it is about what you create. Don’t let limits of losers keep you from taking advantage of what you have. Don’t let resources limit you.

Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. 

You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY

Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50

Check out the Todd Capital Store at www.gumroad.com/toddcapital

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

Thanks for reading!

Be great, invest well,

Todd Millionaire

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Potential Streaming Play

The streaming industry has become a massive entertainment source over the last 15 years. The biggest movie and television player is well now around the world at this point, Netflix. But there are other comparable competitor such as Hulu and firestick. And in recent years blue chip names like Apple and even Amazon, whose traditional business have no connection to the streaming industry, have announced that they would be launching services into the sector. With such a vast array of offerings it’s easy to think you may have missed a profitable opportunity to invest in a niche growth security that offers tremendous profit values. But I have a play that I think is a good value investment.

Roku sells devices on which consumers can stream content from a range of providers, including stuff its licenses itself and sells advertising against. Users pay for premium content, and Roku gets a cut of those payments. The company also licenses its software equipment manufacturers giving it several ways to access revenue stream. The stock has recovered nicely from its December lows of $30 a share and now sits a nearly $70 per share.

As consumers continue to transition from the traditional entertain avenue of network television that dominant that better part of the twentieth century, the advertising dollars will shift from that platform over to this new expanding avenue. Better still, there’s potential for even more profitable from consumers who would be willing to pay even more of a premium price just to avoid being advertised to at all. I believe that this company is worth further evaluation in consideration to be added to anyone’s portfolio looking for a tech play for diversification.

President

Todd Capital Investments

Give up the silly fight for reparations and repair yourself

The main reason why there won’t be any reparations is because nobody is going to repair what they broke on purpose.  If the goal, a prolonged, multi generational goal at that, was to break something down and reduce it to nothing, what in your mind makes you think that they are going to have a change of heart and start bringing it back to life?  Has it ever happened in America?  Is there a precedent for it? NOPE!

Let’s look at some of the things that were intended to help but instead set us back.  Voting rights.  You got the right to vote but lost it to the power of the dollar.  Educational equality.  You got access to their schools but in such low numbers that you might as well not even be there.  They also fled public schools and built private schools you can’t afford. Price discrimination is real. They keep you out by pricing you out. Civil rights. You gained equality and lost your community. For every “accomplishment” that comes at the hands of someone else’s good graces you really just lose.  One step forward and two steps back. 

Right now the conversation on social media is for reparations, specifically whether the “people’s candidate, Bernie Sanders” is going to be pro reparations.  He has made it plain that he is not. On twitter people are posting to just stop asking Bernie his thoughts on the black community because he has made it clear he doesn’t give af about you.  Bernie is from Vermont and that state is like .02% black. He cares about the poor, only we equate poor with black. 

This is amusing to me because the people who are just now realizing that Bernie doesn’t give a care are also the people who were willing to vote him into office two years ago. Would we have seen the same uprising in business and investing if we put a person into office whose platform was all free everything? No.  I knew that Trump would have this impact and I get no respect. Trump was the candidate black America needed not a free lunch type that actually ended up not even being a free lunch.

This is because Trump provides what you need what you want.  The moment you take a paycheck or a government entitlement you lose.  You become a slave.  You become a victim.  When you are hungry, and I mean hunger in a lot of different ways (financially, politically and socially), you become creative, innovative and outgoing. Its like 50 Cent says “when everything is up to you, you become more innovative and creative”.  

My problem with the democratic party is it creates a bunch of dependents.  Wealthy people aren’t dependent on anyone but themselves. Republicans create producers and builders and that is what the community needs more of.  Many of our communities are in despair because we have communities full of Autozone employees.  People who work a nonsense job where their income is capped and they can’t provide an opportunity for anyone but themselves.  They can’t even get their kids hired at their job.  In fact, they usually frown against this because they don’t want the kid to come in and mess up what they have going on.  This is a recipe for poverty and poverty is passed down from generation to generation. 

Back on task though. The point of this post is that the only reparations we need is self repair.  In regard to the reparations conversation I use the analogy of a body builder who is given muscles.  The muscles aren’t just muscles though. The muscles are a result of focus, dedication, pushing through pain, discipline, sacrifice and many other things. These are habits that are built. The same is true for wealth. The wealthy got there by working their face off, not spending on silly things, taking risks, managing their emotions, and many other principles and practices.  That is the repair. Those are the skills that the wealthy teach their children.  Its not just a white and black thing it is typically a behavior thing.  

The beauty in repairing yourself through good habits is that you get to keep them forever and pass them down.  When you repair yourself financially by building wealth you are insulated from prejudice and bigotry. When they repair you and solve your problems you merely kick the can down the road.  Instead of your kids inheriting wealth they inherit the problems you neglected to fix for them. 

As you can tell, I think that seeking reparations is the wrong the goal.  The right goal is a healthy and flourishing community that can only get there if people in that community commit toward improving themselves not just seeking the next form of free stuff.  

What is the worst that could happen though? If you adopt the repair myself mentality and you get reparations that is a bonus but if you don’t repair yourself and you don’t get reparations, you will have wasted another four years with nothing to show for it. You choose. 

Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. 

You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY

Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50

Check out the Todd Capital Store at www.gumroad.com/toddcapital

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

Thanks for reading!

Be great, invest well,

Todd Millionaire

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You don’t need bank financing or VC money to create wealth for your family in business or real estate

One of the common themes that has been talked about on twitter and other platforms in regard to black wealth or the lack thereof is redlining. For those that don’t know, redlining was a strategy put in pace where lenders wouldn’t lend to home owners or potential home owners in certain redlined areas.  This lack of lending would appear to have been the reason why so many ghettos exist and why there are more affluent areas where lending was made possible. 

I am her to tell you that bank financing is not the reason why you don’t have wealth for your family. Furthermore, bank financing and loans aren’t the reason why you can’t start a business.  This is s common thread on the internet s well. Boyce Watkins loves to talk about how they will allow an 18-year-old to go into debt for a degree to get a job but wont give them the same amount of money to start a business.  I hear you, but again, bank financing isn’t the reason why you can’t get into business

This morning I was listening to my Alexa flash briefing and I heard that Munchery is going bankrupt. Munchery is a business that got into the food delivery business. They probably had a great idea but they lost to companies like Uber and yelp that already had the infrastructure.  Munchery was loaded with debt and VC money that they spent on equipment, building, staff and tech and the lack of revenue killed them. Good idea or not, the debt mixed with the time it took to get their business up and running killed them, 

So what does this all mean? Well I have been saying for the longest time that your customers are your best investor.  Your job as a new business owner is to take your revenue and use it to build your business. Don’t get business income and take a trip. That trip money is the VC money that you have been begging for. 

The beauty in this is that your business grows in lockstep with the revenue.  This protects you from getting out ahead of yourself and taking on VC money or loans that have interest payments and maturity dates.  You keep your business pure and don’t fall to the pressure of VCs who can push the company to profit too soon for a quick sale and return on their money. 

In regard to real estate, what boggles my mind is that every bank, every CDC, every organization that helps white folks is founded and run by white folks.  They aren’t sitting around waiting for someone to solve their problems, they are solving their problems.  For some reason we think some mythical being is creating solutions for white people when no it is other white people. It is white people lending to white people and white people hiring white people and buying from white people that created an economy for white people.  Who are we to expect a seat at their table because we are Americans too. They aren’t wrong for taking care of their own, that is what you are supposed to do. 

A bank is nothing but a crowd fund.  A place where a lot of people put their money and then the bank lends them back their money. The problem with banks is that they pay the account holder pennies and then lend it out at a profit.  A lot of people are seeking bank financing not realizing that they are partnering with the bank and more times than not, the bank gets the lion share of the deal. I would break down the numbers but at a later date 

My stance is that you need to skip the middle man and go direct. Instead of paying the bank 7%, pay your community 7%.  it’s the same pool of resources.  They are using your money.  

What is really bad is when you bank with a bank that will take your money but that wont lend to you. This is the worst.  I remember the Umar video where he mentioned black churches that place their tithes and offering into Bank of America and Wells Fargo, banks that wont lend to the members of their community.  It seems cool to say “I bank with big bank” just like it looks good wearing Gucci but your community needs more than cool, your community needs intention. 

If you have a start up, your business and your customers will fund the growth.  Get started, and reinvest every cent.  If you want to buy real estate, look to your community not to the community bank.  Partner with your own and make them money while you make money. This removes barriers and it also helps more people than yourself.  You don’t need a bank to get rich, you need creativity. 

Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. 

You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY

Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50

Check out the Todd Capital Store at www.gumroad.com/toddcapital

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

Thanks for reading!

Be great, invest well,

Todd Millionaire

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