An old theory that makes a lot of people really rich and I'm going to tell you about it because I meet Kevin and I talk Finance On the Internet It's the theory of guns and butter. Now this is important because what do you do when you're nervous and the stock market's going down and real estate Market's going down? You get nervous and you end up not wanting to invest in things that in the long run can help you build your wealth or keep you safe. Like guns. Instead you go for things that make you feel good, like cookies or cars or sweaters or new glasses, or a new computer, or new toys and gadgets that lose value immediately.

But because you still have them or they taste good or they're fun for a little bit, they make you feel better, hence butter. But really wealthy people know that if you maximize your investments in guns, even though the market may go up or down a little bit in the short term, in the long term, you tend to be a lot wealthier. There's a reason the average net worth of a single property owner a homeowner is 20 times that of a tenant, because you want to invest in things that go up in value, not down, So always focus on guns first, butter later.