My INSANE Financial Goals 🤯
I have set insane financial goals for myself. When setting goals it is important to set the bar high, and I certainly achieved that for my financial goals. I hope my insane goals will inspire you in your own journey to get rich or build generational wealth.
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If your still reading, I like your style! Welcome to Zero Taxes Zero Fees, a channel that covers strategies and tactics to become an ultra-high-net-worth-individual by rapidly growing wealth, while minimizing taxes and financial fees. My goal is to get to zero taxes and zero fees, by that I mean an effective tax rate of 0%, and zero financial investment fees.
So, how can one get to zero taxes and zero fees? I am so glad you asked! The videos on this channel will provide a detailed roadmap on the actions I have taken and will take, and how you can do the same.
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My Insane Financial Goals
If you're new here, welcome! If you're not new, welcome back. This is Zero Taxes Zero Fees, a channel that covers strategies and tactics to become an ultra-high-net-worth-individual, by rapidly growing wealth, while minimizing taxes, and financial fees.
In this video I am going to share what my insane financial goals are and more importantly why I have set these goals. I am not exaggerating when I say these goals are insane, I am really going big with these, and may need a miracle or two to achieve them.
Although my net worth is currently around $1.5M, my wealth is not growing fast enough to meet my current financial goals, and more importantly my life goals.
Most videos make you go through a lot of filler before getting to the good stuff, but I don’t have time for that! So let’s get right to it!
What are my insane financial goals???
Own a Bank in 10yrs (2033)
I want to own a bank in 10 years. Yes, a bank! Note shares in a bank, not a credit union, not some metaverse-crypto-cyberpunk bank, but a real bank. The goal is to own a controlling interest in a fully licensed and operating bank in the United States by 2033.
Measuring progress towards my goal
I will need a minimum of $10-$15 million in capital to purchase a bank. Although I will likely work with investors to raise the full amount of the capital needed, I would like to have the ability to cover the majority of this myself.
Since it is difficult to measure my progress against the nebulous goal of “owning a bank”, I will use my net worth to track my progress towards having the capital needed to achieve the end goal of owning a bank.
The secondary goals I am setting to track my progress are:
Become a Mid-Tier Millionaire in 5 years
Net worth $5M-$30M
Become an Ultra High Net Worth Individual in 10 years
Net worth $30M+
As with the purchase of any business, timing is important, I won’t be purchasing any banks if the prices of banks are too high to realize a reasonable return on the investment. Using these secondary goals will help me know how close I am to being able to realize my primary goal.
This may sound hard to believe, especially if you're the type of person that likes to throw around phrases like “eat the rich”, but I want to own a bank in order to help other people. Yes, of course owning a bank could help me financially, if I am successful, but there are hundreds of other businesses that could make more money than a bank with way less rules, regulations, and liabilities to deal with.
I want to own a bank so I can help people by investing in the communities, the companies, and the country I care about. This will enable me to help others and build the future I want to see.
Today so many people are struggling to get by, they don’t have the extra income or the time required to save and build wealth. One of my primary goals with a bank would be offering innovative products and services to help people to build wealth.
I want to help people build wealth without them even realizing it’s happening.
Just in case it was not obvious, I am not a financial advisor or a tax advisors. Information is for entertainment purposes only, do your own research and make your own decisions.
Disclaimer: These videos are provided for information and entertainment purposes only. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. Any investments referred to in this video may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. All content is for informational purposes only. This is not investment advice.