Creating Passive Streams of Income

THE END OF SOCIAL SECURITY?

OK, no problem. 

The scarcity mindset is the trap that is fueled by the media's need to create fear that sells papers and network news shows.  The headlines this week are that Social Security will go upside down by 2015 and that we are going to be out of oil while destroying the environment in the next 20 years.  If you are a student of history this should all sound very familiar.

In the 1700's there was a firewood scare with dire predictions of the end of forests and no more light.  In the 1800’s there was the whale oil scare with dire predictions of the end of whales and no more light.  In the 1900’s and on until today there is the oil scare with dire predictions of the end of the environment and no more light.

Now we are starting down the path of the predictions of the greatest depression the country has ever seen, the end of Social Security and the death of wealth in America.

STOP THE MADNESS!!!! 

The American spirit and belief in abundance always fixes whatever problems people can come up with to worry about.  There is a better way to fuel our lives and the creation of wealth is not dead in this country.  We do not play in a zero sum game so let’s snap out of it.

People in this country have always had the ability to make their own way and have anything they want.  Most people just get too comfortable or scared and let themselves stay in the rut of life.  They are trapped in the “save all I can and die quick” mindset.  The Scarcity Mindset is a slow death of anger about some else having what you want. The Abundance Mindset lets us all have it.

If you put your skills and money to work you can create income and wealth that will take care of you no matter what the world is worried about today.  Remember that fear is merely False Expectations Appearing Real. 

My door is always open to discuss any of these ideas.

Steve

ssaunders@e2-property.com

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Trapped in a Sarcity Mindset

Scarcity: (1) Insufficiency of amount or supply (2) A trap of FEAR (F-alse E-xpectations A-ppearing R-eal)

A majority of America is trapped in a mindset of Scarcity.  This is true for everything from the air we breath to money we save for retirement.  The ice cap is melting, we are running out of air and I can't save enough for retirement.

The popular mindset and theory on retirement is to save up as much money as you can and then die before you run out of money.  I don't know about you but I don't want living too long to be a defeat.  People get trapped in the mindset that "I can only make money if someone else looses money."  When you are stuck in this mindset you miss the opportunities to make more money and not have to worry about running out of money.  Your only thought is to hord and save and not put your money to work.

Creating passive streams of income by owning real assets that throw off income is the way to retire without worry of living too long.

I am not the first person to advance this theory but it is always worth repeating.  Authors and speakers such as Robert Kyosoki teach this and have changed many peoples' mindsets.  The only problem with this is that they never give you the "How" to get you over the wall to the promised land of owning assets and creating passive streams of income.

I am devoting this blog to the open discussion of how people can change their mindset, turn their financial futures around and create a life that doesn't have to worry about whether the government will buy my perscription drugs or how much the stock market can go down before I have to go back to work.

My passion and career is commercial real estate investing and helping my investment partners create passive streams of income.

Let me know what you think and stay tuned for more stuff.

Steve