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Starting a business and/or buying real estate is very realistic for high wage earners. High wage earners are in a unique position in that they make more money than they need to live. That may sound very basic, but it is important to realize that most of the people in this country are not in this enviable position.

Like everything else, once that theoretical education is learned, it must be implemented via experience which may include some failures along the way. Nothing in life worth having is ever easy to obtain.

Please note that all investments that I am involved with require you to be an accredited investor. The SEC defines this as an individual who makes greater than $200,000 (or $300,000 if filing jointly) OR a combined net worth of greater than $1 million.