Going broke sucks. Staying broke sucks even more…

I’ve lost count of the number of times I went from rolling in high cotton to bumping along the gutter of near poverty.

It took me decades to finally break loose of the boom-and-bust cycle that had marked much of my life. There were days when I would look in the mirror disgusted that the man staring back at me didn’t have the backbone to fix his life.

I wanted to make better decisions… but I kept making the exact same bad decisions again and again.

“Why do I keep doing this?” I would ask myself.

I used to ask myself that question all the time. And you know what I discovered?

It was the most self-destructive question I could have ever asked.

Your Brain Is Brilliant… But Dumb, Too

Our brains are amazing machines. Feed them a question and they’ll find you the answer. “Why do I keep making the same mistakes?”

Invariably, those types of questions result in the brain doing one of two things.

You either start blaming other people for your mistakes. Your spouse, your kids, your boss, your parents, the government… heck, even the barking dog next door.

Or you’ll start abusing yourself with a torrent of negative thoughts that beat your self-image down until bare bone shows.

I learned the hard way neither outcome would get me any closer to the life I wanted. It wasn’t until I started asking better questions that I started to get better answers.

And so, I decided to ignore trying to find out what I was doing wrong… and started focusing on what I could do right.

Taking Responsibility vs. Taking the Blame

Taking responsibility for your future and blaming yourself for your failures sound the same. But they’re not.

Self-blame leads to inaction out of fear of self-recriminations. Self-blame says, “There I go again, making the same mistakes. What’s wrong with me?”

Your brain takes you on a trip through your life and will find a litany of events to answer your question.

And then you start remembering all the reasons why your life isn’t working out.

The kid who bullied you… The mom who didn’t love you enough… The job you didn’t get… The discrimination you experienced…

On and on, your brain will drown you in answers… Answers that get you no closer to the life you want.

Taking responsibility, on the other hand, is built on owning your failures without personalizing them.

When you take responsibility, you say, “OK… I’ve made this mistake before, that’s true. But everyone makes mistakes.

What can I do differently next time? What did I learn from this? What action do I take next that brings me closer to where I want to go?”

The Road Out of Hell Is Hard

I believe poverty is a form of hell on earth that we are obligated to escape.

I grew up with nothing. My childhood was spent being shuttled between hospitals, group care homes, and foster families. I even had a stint in a police holding cell when I was 8 years old.

I hated being poor. I hated having other people dictating the terms of my life. It filled me with a deep drive to make money. And I did make money. Lots and lots of money.

By the time I was 19, I was making six figures on Wall Street. The year before that, I had made $8,000.

I figured I had cracked the code on making money. Boy, was I wrong…

Over the next two decades, I ping-ponged between wealth and near poverty… and back again. It was a dark time. I hated my life. I hated myself. I hated my inability to create the life I wanted.

It wasn’t until I started asking myself different questions that my life changed.

Instead of asking, “How do I make more money?” which I thought was the solution to all of my problems… I started asking myself, “How do I become wealthy?”

That question led me to discovering that big income does not equal wealth. In fact, you can create wealth without ever having a huge income.

What I discovered is, the road out of poverty is actually made up of two roads that must be traveled together.

The first is to live on a small portion of your income. You must learn how to live below your means. You won’t ever escape poverty if you can’t learn this one.

The second road is to secure multiple streams of income. You have to build multiple money machines that spit out cash. Then you have to keep reinvesting that cash and keep doing that for years.

An Inexhaustible Money Machine?

That’s why today, I want to talk to you about a way to radically reduce the time it takes to build your own collection of cash machines.

It’s a new way of creating wealth that has the possibility of changing your life forever… Even if you only have a small amount of money to work with.

You see, even when interest rates were high, you still needed a lot of money to make money. For instance, when I started my career on Wall Street in 1989, the 10-year Treasury note paid about a 10% yield.

If you put $100,000 in T-bills and reinvested the interest over 30 years, you’d have collected $282,000 in interest payments by the time you retired (plus your $100,000 principle).

That’s a great return… but $100,000 in 1989 is equivalent to more than $200,000 today. Less than 1 in 10 people can put their hands on that much cash.

To make matters worse, the 2008 Financial Crisis changed everything…

It demolished 401(k)s and other savings accounts… And it prompted the Fed to start slashing interest rates.

Since then, everything we knew about creating wealth through income investments changed.

Yields disappeared. CDs (certificates of deposit) began paying next to nothing. Annuity streams dried up. Safe stocks that used to pay a good yield went up so much their dividend yields were driven into the basement.

Today, the yield on the 10-year note is about 0.61%. Even if you had $1 million, you’d only make $6,000 per year. That’s not enough to cover health insurance, let alone fund a retirement.

And things are about to get worse…

It’s no secret the Federal Reserve is pulling out all the stops to rescue the U.S. economy from the ravages of the coronavirus pandemic. The Fed has gone on a record bond-buying spree that is dropping interest rates across the board.

That’s why, if you’re looking to create wealth through income in this ultra-low-rate environment, you need to think outside the box…

A Lifetime of Ever-Growing Income

Over the past year, my team has been researching a new type of income stream that only a few folks know about. I’d wager 99.9% of Americans have never heard of it.

Yet, we’ve used this asset to deliver average yields of 10% – regardless of what’s going on in the market.

That’s more than 400% higher than the current yield on the S&P 500.

These yields are from a brand-new asset we call “Tech Royalties.”

These yields can be had from a subclass of crypto investments that pay you to hold them. These instruments provide you with a steady stream of income that increases in value over time as the underlying cryptocurrency becomes more valuable.

Similar to the way a musician will make more money from their royalties as their music becomes more popular with listeners.

Tech Royalties are the first and only thing I’ve discovered during 30 years as an investor where you can risk as little as $200… and literally collect thousands of dollars in income payments per year.

Asymmetric Risk Is Your Fast Pass to Low-Risk Wealth

Here’s the beauty of diversifying some of your income capital into Tech Royalties…

You can achieve massive capital appreciation along with massive yields… without risking massive amounts of capital.

We call this asymmetric-risk investing. That means you can have huge upside from just a handful of tiny investments… even as small as $200.

Imagine owning a small stake in a portfolio of 10 music acts and one becomes The Beatles while another becomes Elton John.

This is the opportunity in front of you right now with Tech Royalties.

Some of these names will end up being worth hundreds of billions of dollars. It’ll be like owning a piece of The Beatles when they were playing nightclub gigs in Munich before hitting it big in the U.S.

You’ll own a piece of them and the income they kick out forever.

Imagine securing a royalty stream that changes the course of your entire generational line. That is the opportunity in front of Tech Royalty investors today.

To get your feet wet in Tech Royalty investing, consider taking a small stake in USD Coin (USDC).

It’s one of the most popular stablecoins in the world. (A stablecoin is pegged to the U.S. dollar, i.e. 1 USDC = $1). And you can use crypto platforms like Celsius to earn a yield as high as 8%.

While USDC can help you earn a high current yield, it won’t create the type of generational wealth that can change your life forever. To find out more about those types of Tech Royalties, check out my P.S. below.

Let the Game Come to You!

Teeka Tiwari
Editor, Palm Beach Daily

P.S. It may sound absurd, but some Tech Royalties have delivered yields of 95%, 257%, 418%, 1,023%, and even 2,696%.

As I mentioned above, this new asset class is unlike any other in history. That’s why I’ve put together a presentation to show you how to start earning income from Tech Royalties. You can watch it right here

As a bonus, you’ll get the name and ticker symbol of my No. 1 Tech Royalty for 2020.