Creating Rental Income From the Stock Market

Mark Yegge – has a passion for helping others develop strategies that he developed over 40 years of trading and a career on Wall Street. And he works with members of his coaches to start replacing their active income with passive income using cash flow machine systems. And members have access to mark and they get to see how Mark trades and the stuff he’s making, and how he does all of these things. So in other words, he wants to help us create and preserve our wealth and create some freedom. And we’re gonna be talking in particular, how he, how he does this, using the stock market as kind of like a rental income

Episode Highlights Here:

Mark:

Yeah, I’ve been in the market, I don’t even want to say it. But it’s like more than four decades. And it was basically I started when I was about 12 years old, took my lawnmower and money, turned it into my first car, which is a 1975 Cherry Red Chevy Camaro. And I’ve been trading ever since all the way through high school college and had my own brokerage firm on Wall Street sold that. And throughout that period of time, I’ve just been developing methods not just for myself, but to teach other people how to maximize income and maximize returns in the stock market. And as you know, it’s not easy. It is fun sometimes. But it’s very rewarding when you can turn around and take your life’s work and help other people transform their life. And that’s what I love to do now.

Brett:

So fantastic was one other step back. You know, Mark, I believe that we have all been given certain gifts in this life. So I want you to go back to your high school days or your university days. And I want you to think about maybe a strength or two that you’ve been given. And I’m curious, how do those strengths help how you help and bless people today?

Mark:

Well, I think one of them is I have the ability to communicate actually more specifically to take difficult or esoteric concepts and make them a little bit easier to understand. So that’s what I get to do every day in the stock market. It’s, it’s not simple, but it is easy if you know how to do it sometimes. So communication, I would say would be one of them. I also have this ability. I’m a little crazy. I go really deep on something when I get into it, like about a year and a half ago. I’ve been hearing about cryptocurrency for so long. And I’ve been you know, I’ve had my objections, you know, the same typical objection everybody else has about hacking and the government and you know, what about all the different tokens there are, but I decided to ask some questions and go really deep, and I got all of my objections handled through cryptocurrency, now I have a Z hedge fund as well. So it’s the ability to really focus on something and go deep. And I think that’s what we need to do in life, we can’t be masters of everything. So we have to get really specific and be really good at it. That’s, you know if you’re good at what you do, and I’m good at what I do, then we have specialization of labor, and it makes the world a better place. So I would say those are two things. And the third one, if I have to throw the third one in there is my ability to not reinvent the wheel, right, I believe that we should build what other people have done before. So stand on the shoulders of giants that have come before us. So I find mentors, I find the best people that have done what they do in their fields. And then I go and go really deep and I copy them and then maybe I tweak and make things a little bit better but I don’t try to start over from reinventing the wheel because that platform has already been created. So I would say those are probably the three areas off the top of my head that would give me some strengths and abilities.

Brett:

Love it Mark amazing three things Communication Complex, simple. Number two deep thinker. Number three does not need to recreate the wheel, by the way, I want to and I love that you’ve started a cryptocurrency hedge fund or fund and that is incredible because that’s our number one focus is to help those that are in cryptocurrency exit, and a tax-deferred manner and be able to invest and diversify. And so I want to touch on some of those things. It’d be touched on this topic, but I want the thing to be this right and this is the theme that as you were talking about being a deep thinker and being open to something that perhaps At first, you were, you know, had some, you know, some serious reservations and, and now you’ve, you’ve come on the other side of that part of it. And it’s this it’s a quote by Ray Dalio, and it goes like this, we need to learn to trade, the joy of being right, for the joy of what’s true. And too often our ego and our blind spots, create barriers to opportunity that can, can be huge for ourselves or our families or for the investors that we serve. And so how do we trade the joy of being right, for the joy of what’s true? And that being so that being said, Mark, let’s dive right into the topic. And it’s this, what’s the number one secret to creating rental income and putting those in quotation with the stock market?

Mark:

Well, you know, if you’re, if you’re involved in the stock market, and I grew up in a stock market, family, but I also grew up in a very big real estate family. So I, you know, I’ve done turned 1031 exchanges, I’ve, I’ve watched my dad, develop apartments, rehab apartments, do the whole, you know, cash-out, refinance, and then flip it in and hold it for income, you know, the same thing that most of the listeners or a lot of the listeners of your audience are doing. And I just, I just realized that I’m not a great real estate guy, for some reason, my timing is off or whatever. But I’m willing to say, You know what, I’m not that great at real estate, I love it. I think it should be part of everybody’s portfolio, because of the obvious benefits you get. And one of the reasons I love being on your show, is that it’s, you know, I hate paying taxes, right? And, you know, there’s like my accountant says, There are worse things in life than paying taxes. But if you don’t have to do it, if you can figure out ways around it, and I know you do, you have some strategies around it, then bye, bye, bye, God, you shouldn’t have to pay them. And you know, I know your Robert Kiyosaki fan. And he has a quote that you’ll never pay any more to anyone in life than you’ll pay to the tax person, right, the taxman. And so we’ve got to figure out legal ways to avoid it not to circumvent it do anything illegal, but to avoid it. And so what I do is, since I’m not such a great real estate guy, but I’m a bit more of a stock market guy, I just understand businesses and understand trends in the market is I take the assets, and I build an income from those assets. So we take income from it. So if you have a, you know, 100, a, you know, 100 units of apartments or an asset, and they create monthly income for you, if you know how to do it, that’s what we teach people how to do is we, we sell options against them, which is the safe part of options, buying options is the risky side of it. 80% of those generally expire worthlessly. But if you’re the seller of options you’re creating, you’re getting income on that you’re giving somebody else the ability to buy your share at a predetermined price before a predetermined time. So let me give you an example of how that works. So let’s say you look out your window. And across the street, you know, your neighbor, his name is Jim, he’s got a city block there for sale. And he’s got it for sale for let’s say, $100,000. And Jim wants to you know, he’s got to sign up there. He wants $100,000 for his property. And a woman named Kathy, you know, no, she happens to hear that Hilton is going to build a big resort right next to his property. So she knows that his property or she thinks his property is going to go from being worth 100,000 to be worth a million dollars, let’s say, but she doesn’t have the $100,000 to buy it. So she approaches Jim, and says, Hey, Jim, listen, I’ll give you $10,000 If you’ll tie up your property, don’t sell it to anybody else for me for six months. And anytime in that six months, I have the ability to buy it for $100,000. And, you know, and so a couple of things can happen. Jim says, first of all, wait a minute, you’re going to give me $10,000 Just to take the property off the market, but you’ll buy it for the price I’m asking right now anyway, sounds like a good deal to me, I get to keep the $10,000 No matter what right? She says yeah, they sign in, they sign the deal to shake their hands. And now she’s got the ability, she’s got the option on that property. But she took a big risk in shape because two things can happen. Number one, that option could expire worthless, in which case Hilton never came and built that property next door. And Kathy, you know, loses her entire $10,000. So that’s, that’s where most options players are there their buyers are, the other thing could happen is they do decide to build the building. And now she takes that $100,000 That $10,000 investment and turns it into a million dollars, high risk, high reward on the buy-side. In Jim’s case, he’s the seller, he makes the $10,000 no matter what. And if he sells it for 100,000, he got his price. We do the same thing in the stock market we do on Amazon, we do it on Facebook and Google. Tesla is the big one right now that my customers are doing. So we’ll own some shares just like we own that lot. And we sell options to other people who are what we call the gamblers and we’re the house we get to collect the money. We don’t make a huge amount of money. Right? We just made a bit make a bit and we shoot for about two to 4% a month is what our goal is and if we do this right, and you follow the rules of the system, you can create a lot of income from the stock market and it’s pretty darn passive. No toilet your trash like you like Is that right?

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About Mark Yegge

has a passion for helping others develop strategies that he developed over 40 years of trading and a career on Wall Street. And he works with members of his coaches to start replacing their active income with passive income using cash flow machine systems. And members have access to mark and they get to see how Mark trades and the stuff he’s making, and how he does all of these things. So in other words, he wants to help us create and preserve our wealth and create some freedom. And we’re gonna be talking in particular, how he, how he does this, using the stock market as kind of like a rental income

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