573: Traditional Vehicles For Investing Rarely Create Economic Freedom

Many people are taught that the best way to achieve financial security is to build a nest egg through stocks and mutual funds. Most Americans, however, even after following this advice, do not have enough money to retire and achieve financial independence. This is because the returns on these vehicles is lower than 10% on average per annum, and they generally don’t produce income apart from low single digit dividends. Chris Miles, a cash flow expert and founder of Money Ripples, teaches people strategies on how to invest their earnings into passive income.