We’ve had a rollercoaster of volatility to start the year…
The Ukraine invasion, inflation… the Fed raising rates… you name it. Growth stocks, value stocks, and much of the crypto sphere have taken it on the chin.
Today, I’m not going to talk about any of that.
I’ll have a follow-up article later this week talking about the markets. But today, I want to talk to you about something other than investing…
I want to talk to you about my personal life.
And while some of you may say, “Teeka, we know your story… how you came to America with $150 in your pocket… how you were the youngest VP in Shearson Lehman’s history…”
Today’s letter will be about you, too. Because I have a relationship with you.
We don’t know each other personally… But I know many of the struggles you go through.
I’ve been through them, too.
I remember losing everything… making big speculative bets… watching those bets plummet into the red.
I remember the look in my wife’s eyes when I told her we were broke. No man ever wants to see his wife look at him like that.
Over the years, I learned what not to do by making every single mistake you could possibly make as an investor.
You see, I was always good at making money… But I viewed the world in a way that kept me in a constant “boom-and-bust” lifestyle.
It’s a mistake I don’t want you to make…
The Worst Feeling a Dad Can Ever Have
About 12 years ago, my middle daughter was accepted to a prestigious school with a tuition to match – about $25,000 a year.
At first, it was no problem. I was able to make the financial commitment, so I told my daughter she could go.
But then I made a speculative investment… I over-committed… and it didn’t work out.
Telling my daughter she wasn’t going to that school broke the image I had of myself as a good father. It hurt me more than anything I’ve been through in my life.
I realized I had to change.
Maybe some of you can identify with that.
From the chaos that ensued from my misguided beliefs came life-changing lessons. I learned I had to be rational if I was going to speculate successfully in the markets.
I learned I had to build the bulk of my net worth around safe, income-producing investments.
From there, I could take that investment income and multiply it dramatically through asymmetric risk investments… without the need for borrowed money.
Doing that would allow me to increase my net worth without putting my current lifestyle at risk.
When I learned how to do that, it completely transformed my financial life. But that was not enough. Even though I managed to break my boom-and-bust cycle… I was haunted by the fear of repeating those past mistakes.
I knew I had to share this strategy with as many people as possible to help them avoid the same mistakes I had been making for decades.
Teaching and re-teaching these lessons to you helps reinforce them for me.
Don’t Let Others Decide Your Life
Earlier this month, I met many of you at the Legacy Research Summit in Washington, D.C.
Many of you asked me about position sizing and your desire to own larger positions.
“Am I too conservative with my position sizes?” Maybe, maybe not.
I’ve grown my wealth considerably since I started using rational position sizing.
Now maybe your situation is different. Maybe you have a larger passive income. Maybe you have a greater desire to take risks.
But if you followed my approach for the last five years, using small position sizes was enough to make you millions and millions of dollars.
(That’s no exaggeration. And the math adds up. I’ve had subscribers write me to say as much. For instance, a dentist from Oklahoma recently told me he turned a few thousand into $2 million after following my recommendations.)
So what I want to say is that it’s my deepest desire that you achieve financial freedom without placing your current lifestyle at risk.
None of us can consider ourselves truly free if we’re enslaved to beliefs or habits that keep us from financial freedom.
I believe the highest work we can do for our families… our communities… and our religious and spiritual communities… is to become financially free.
Why?
Not so we can buy fleets of Lambos. (Although you can if you want. It’s your money. You earned it.) But so you can be in the driver’s seat of your own life.
You should be able to dictate what you do in your life. And the reality is you need money to do that.
Do you think the guy living paycheck to paycheck wants to live that way?
The answer is no.
Every day he has to work a job he hates and have people tell him to do things that he doesn’t want to do… All because he doesn’t have financial freedom.
Now, I’ll be the first to tell you that it’s not easy to get financial freedom.
You have to have discipline. You have to focus on yourself to the point where other people may accuse you of being self-centered.
You have to love yourself enough to say, “I’m going to be financially free.” “I’m done being financially strapped.”
You make the decision, commit your life to it, and do it. That’s it.
We Can Only Do This Once
Friends, the key message I have for you today is this: No matter your religious beliefs, this iteration of who you are right now in the world is the only one you’ll ever experience as you.
Maybe reincarnation’s a thing… Maybe there’s an afterlife… Maybe there’s not.
I can’t answer that question.
But I can tell you unequivocally that you only get one chance to live this version of your existence. We all die. All of us. I don’t care how much money you have or how many rockets you ride into space.
I don’t care how much influence you have. I don’t care how great a person you are…
You need to figure out what you want to do between now and your death…
Who do you want to be? Why do you want to be that? How much wealth do you want to have? What do you want to accomplish with your life? What do you want your legacy to be? How do you want to be remembered?
What’s the value you want to add to the world? How do you want your children to remember you?
The answers to these questions will provide the fuel you need to make your way up the mountain of financial independence.
It’s a hard journey full of pitfalls, liars, cheats, and bad luck. To make it through those obstacles, you’ll need reasons big enough to see you through the inevitable dark times ahead.
That’s why you want to take the time and answer the questions above.
My job is to help put you in a financial position where you can have the freedom wealth gives you to live the life you want… not the life that has been forced upon you.
That’s it.
What you do with that freedom is up to you. But I want you to make those decisions.
Don’t let somebody else make those decisions for you. Be clear on what you want and start working toward getting it right now.
Make the time between now and your death meaningful to YOU.
Let the Game Come to You!
Big T
P.S. Right now, I’m seeing one of the biggest asymmetric opportunities yet open up in the crypto market.
In my opinion, it could be the biggest crypto event of this decade. And when it happens, I believe it will trigger a crypto panic like we’ve never seen before.
To prepare you for this event, I’m holding a special briefing on April 20 at 8 p.m. ET.
It’s called Crypto’s Coming Panic: Teeka Tiwari’s Most Important Warning of His Career.
During this briefing, I’ll share my playbook for thriving and surviving this coming panic.
For those who follow my playbook, it’ll offer a chance at securing a lifetime of wealth and income that has the power to change the course of your entire generational line.
This investment could fund your lifestyle… your children’s lifestyle… and their children’s lifestyle.
So be sure to join me on Wednesday, April 20, at 8 p.m. ET.
I’ll tell you all about the crypto panic on the horizon… and reveal details that you won’t hear from mainstream outlets like CNBC or Bloomberg.
You’ll even get the name of one of my top cryptos to play this panic, absolutely free.
My free picks have averaged a gain of over 1,500%. That’s 16x your money… So please make sure you attend and take advantage of my free pick right away.