REAL ESTATE INVESTMENT ; ROAD MAP TO SUSTAINABLE WEALTH CREATION

Cornelius Vanderbilt is often quoted as saying, “Any fool can make a fortune; it takes a man of brains to hold onto it.” 

His insight — and advice — is something that if practiced by him and his heirs would have change the outcome of a now-vanished Vanderbilt fortune. It’s possible that the Vanderbilt fortune could have remained alongside that of John D. Rockefeller, whose heirs hold onto an estimated net worth of $11 billion as of 2016.


What was the difference between the Vanderbilts and Rockefellers?


The Vanderbilts squandered their fortune on depleting assets — wealth-diminishing assets with limited life — while Rockefeller parlayed his wealth into productive assets, evidenced by the family trust’s considerable real estate holdings.  


Vanderbilt’s wealth estimated at $100 million ($200 billion in today’s dollars) at his death — was gone in 50 years. Vanderbilt had built generational wealth through his business holdings, but he didn’t take the necessary measures to ensure the lasting legacy of that wealth. 


Rockefeller, on the other hand, maintained the family’s wealth — much of it through cash flowing assets - real estate (even owning the World Trade Center and Rockefeller Center at one point).



Avoid the fate of being like Vanderbilts, Parlay more savings into productive assets that build wealth such as real estate than into wasting assets that deplete resources. You can earn a million dollars a year, but if you spend it on depreciating assets, there’s little or nothing left to invest in assets that produce wealth. This potentially puts you on a path similar to Vanderbilt’s, where even retirement income can be jeopardized alongside generational wealth.

I recommend you follow a path many of the Rockefellers of the world have created for themselves to help build and maintain generational wealth. 


Call me for all your real estate investment and related needs;☎️ 07037868486

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