Goodegg Investor Spotlight – Clinical Psychologist & Podcast Host

Welcome to another edition of our Goodegg Investor Spotlight series, where we highlight members of our investor community living their Life by Design and offering inspiration through real life examples of what’s possible when people decide to invest in creating a better life.

In this investor spotlight, you’ll hear directly from Goodegg Investor Stephanie Wong – busy mother of two and successful business owner who has been able to invest passively in syndications to further her goal of living a life by design and building generational wealth for her family.  

Meet Stephanie

I’m an Asian American, Licensed Clinical Psychologist and Founder and Host of the Color of Success Podcast, which seeks to destigmatize mental health among the Asian, Asian American/Canadian, and ethnic minority communities.

My family and I are based in the California Bay Area. My hobbies are singing karaoke, watching K-dramas, reading, and traveling (prior to the pandemic, internationally). 

Of course, BTS, the most famous band on the planet, is my other love and I consume a lot of content and spend some “change” on collectibles. 

Living A Life By Design

To me, living a life by design means living consistently with my values of leading a healthy, happy and prosperous life, and helping my family do so as well.

I work towards having a balance between work, time spent with my family, and leisure. Living an intentional life design means getting to a place where we can pay off our mortgage and live comfortably in this very expensive area. 

I want to give our children the tools to be self-sufficient women prior to and during romantic partnerships. We therefore, prioritize the notion of generational wealth so they have a safety net. I also want my parents to live comfortably, watching their grandchildren thrive.   

Passive Investing Journey

I’ve been investing with you here at Goodegg for the past few years, originally learning about your company through the Asian Hustle Network, a group on social media.

I then took the free classes you offer to learn more about the benefits, risks, and process of investing. Through the Investing for Good book and other educational resources offered, the benefits, risks, and process of Real Estate Syndication was laid out in very understandable terms.

Passive investing has diversified our portfolios, and given us an alternative to the stock market, cryptocurrency, and low-interest rate savings accounts.

I’m proud that we have invested and it is nice to see monthly/quarterly returns. I acquired new financial and investment knowledge that I can apply to any investment that is consistent with my risk-taking level of comfort.

How To Create A Life By Design

Identify your values and take steps to live consistently with them. 

Health – mental and physical – are of utmost importance to me, in addition to enjoying life, despite difficult times.  The most meaningful aspect of life is family and loved ones, creating memories with them. 

To me, there is no such thing as balance because you have to compromise some things over others, identifying priorities at-the-moment and for the future. 

I like the quote by  Matthew McConaughey, “Ask yourself if you want to before you do.” A lot of us, and I’m guilty of this at times, do things because we compare ourselves to others, but the nature of creating a life by design is you get to choose where you focus your attention and energy based on things you care about.

Vision Of The Future

No matter how many years have passed, I hope to see me and my family living healthy, happy, safe and thriving lives! 

My ultimate goal and dream is to retire by 40. Technically, I could do that if I didn’t live in the Bay Area, but this is my home and I’m not planning on leaving.

The immediate goals are to significantly pay down our mortgage and help our children have choices in their education and career. I plan to invest in more deals as hold periods end and we can then use the returns for the next deals.

Thoughts For Fellow Investors

I’m a strong supporter of women educating themselves about finances and not being afraid to be “bread-winners.” 

Education starts with identifying trusted sources of content and doing business with those trusted sources.

Reputation built on actual evidence means a lot to me in terms of credibility.  Also, finding people and companies that care about family and helping others and have values that are consistent with my own.   

Mental health and building relationships are so important. I’ll also plug our podcast, Color of Success. 

We have great guests, such as actors, comedians, authors, psychologists, singers/rappers, entrepreneurs, etc. and we cover topics such as intersectionality of identity, Needle Phobia, media representation, relationships, coping with Substance Use Disorders, coping with barriers to living a life by your own design.

These guests have demonstrated tremendous strength and are paragons of thriving in the face of adversity.  We hope to help as many people as possible by sharing these stories.

Thank you, Stephanie! We couldn’t be more grateful for you, and we’re honored to play a small part in helping you realize your ideal life by design.

Next Investing Steps

If you are interested in joining Stephanie and the rest of the Goodegg Community in investing to create a better world while also building wealth for your family and creating a life by design, we invite you to join the Goodegg Investor Club.

Once you join, we will keep you in the loop on insights, as well as opportunities to invest alongside us in real estate syndications, if that’s the right fit for you.

You can also check out our open deals page to learn more about our current or upcoming opportunities.

Learn More

If you’re not yet ready to invest but are curious about how all of this works, we invite you to dip your toe in the water with us through our free 7-day email course – Passive Real Estate Investing 101

You can also get a copy of our book – Investing For Good – or check out our Life & Money Show Podcast.

To learn more about us and our experience, be sure to download a copy of our track record, which shows the projected and actual returns we’ve achieved across all the deals we’ve exited to date.

Connect With Us

If there’s ever anything we can do to help you on your journey, or if you’d like to be featured in an upcoming Goodegg Investor Spotlight, please email us at [email protected] or call / text us at (888) 830-1450

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