J. Patrick Nichols

The Abundance Mentality for the Risk Adverse

J. Patrick Nichols

Question from a Wealth Club member: How do you develop the "abundance" mentality if you tend to be more risk averse? Answer: The first thing to do is to distinguish abundance from risk; because abundance is there whether you take any risk or not. I think risk aversion has a

Desire

There are many challenges and misconceptions with respect to desire that we must address if we want to live a fulfilling life. First, we need to understand that there are desires that are healthy, and then there are desires that are unhealthy. As simple as this may sound, it's actually

October 21, 2021 - 6 min read

Purpose

Ever wondered what your purpose is, or are you wondering that now? Welcome to the club, pal. I've worked with tons of people over the years - and I've never met someone that hasn't pondered this very subject multiple times. And in case you're wondering, a fulfilling life is NOT

October 12, 2021 - 3 min read

Ownership

Let me ask you a question... Who cares most about your personal success in life? The answer to this question has major implications... Allow me to let you in on a little secret; we live in a world where the most prevalent modus operandi for living is....selfishness. That's right,

September 27, 2021 - 3 min read

The Financial Walls Are Closing In On You

The people making life-impacting decisions for you have (a) nothing to lose and (b) couldn't care less whether their selfish and/or stupid decisions affect you. We used to be able to at least partially trust in our legislators, but now, we must ADAPT and be proactive. It will eventually

September 06, 2021 - 1 min read

What Trees Teach Us About Prosperity [Vlog]

As strange as it may seem, trees actually possess the most powerful secret to a prosperous life, and a legacy that endures. In fact, they even show a better way to live that's more fulfilling. One of the greatest blessings in my life came when I began investing in trees

August 06, 2021 - 1 min read

Do This To Exceed Your Investment Goals Faster

Today I'm going to cut through all the wordiness and just get straight to a life-changing financial concept. That concept is this: Develop a % return mindset, not a $ return mindset. It is impossible for me to overstate the relevance and the benefits of the % return mindset. Just look at these

July 06, 2021 - 2 min read

3 Powerful Principles for Changing Your Wealth, Life, and the World

Hey, J. Patrick, here. There are three things that have been placed on my heart to share with you. These three things couldn't be more critical for your ability to build wealth and be a person that generates value for the world. As a side note, those two things (value

June 24, 2021 - 4 min read

Digesting The Federal Reserve's 2021 Tapering Plans

For those that didn't know, the Federal Reserve has been purchasing approximately $120 Billion per month in assets to stimulate the economy. The markets are all about supply and demand, so any changes to this constant in-flow is something to pay attention to. Multiple Federal Reserve officials have eluded to

June 07, 2021 - 2 min read

How Diversification Affects Your Portfolio

Have you ever heard a success guru (or two) say something like: "The more opportunity you have, the higher your odds of success are." This "more the merrier" mentality seems logical, especially since it maps to one of the most prevalent investment concepts in existence; diversification. Diversification as an investment

May 28, 2021 - 3 min read