5 mandatory investments in
order to aquire wealth
Wealth described as is the abundance of valuable resources or material possessions or the control of such assets. Most people don’t understand that We’re talking more the having real assets. Some people say cash is king but I disagree, I say cash is King aslong as your country is. Think about it ,the U.S. Dollar is the world standard of money, and has been purchased by various world countries in light of the “recession” attempting to fix the U.S. economy in order to save the worlds economy. But let’s be frank If the U.S. goes to war with a superpower tommorrow, and ends up losing the U.S. will cease to exist, and the power of your already inflated greenbacks will be no more. On the other hand It doesn’t matter what time in history or the future you live in, gold & silver are universal standards of currency. Those two metals will always be the most valuable and act as a guideline of value if you will. Likewise, Land, and many other things will usually been an asset and maintain their value through the ages, while this fiat money will only have clout with the backing of your government. But what happens when you have no government? This is why you have Wealthy people have their wealth tied up in worldwide real estate, businesses, foreign currency, and gold bars. If When the U.S. collaspes from its short reign, these people will be able to quickly intergrate in another country and pick up where they left off. While the average person if he survives the rioting, and other unfathomable acts will find all of his money worthless; not to mention the fun they will have starting over from scratch in the new province controlled which ever super power oopted to control it.
Real Estate – The number one top investment that all wealthy people make is in real estate. They start small and move on to larger investments. They learn and educate themselves on the real estate market and follow the trends. They don’t keep investments longer than they make money. . They can buy, sell and trade with the ultimate goal to make money. When something isn’t working they get rid of it and move on. They take failures as a learning experience, and use those valued lessons as stepping stones when going on their next project
Stocks – Nothing can be better than getting residual income as a result in investing in a well known or rising company. In fact like many people I actually made a nice profit buying and selling stocks of various rising tech companies like amazon, google, and a few others who had an impressive growth spurth in the summer of 2009. It was actually my first time trading stock.
Business Ownership – This one should be self-explanatory, the fortune of most of the world’s elite have been created through this avenue. This IMO is one of the most important investments you’ll ever make in your life. Essentially investing and founding a business is truely having the confidence to invest in yourself, and your capability to not only break even but to make profit. This is also one of the only investments in which you can literally make something out of nothing finacially.
Precious Metals – “Gold has been the universal symbol of wealth for civilizations throughout the ages. Ancient cultures created gold jewelry and early forms of money were crafted from gold. Though thousands of years have passed, the fascination with gold remains as strong as ever.”Gold isn’t the only metal out there to invest in. The three other major investment metals are platinum, palladium and silver. All have risen in price over the past several years as demand has increased around the globe. While many people associate precious metals with jewelry and coins, these metals are also used in industry. The emergence of China and India as significant players in world commerce has contributed to the higher demand for industrial purposes.
Unconventional Investments– Unconventional investments are the earmark of the eccentric wealthy person.Weither it be rare coins, exotic artwork, or car collections. You always hear about these auctions that these millionaires are going to the bid on these priceless items. My questions is who the hell do you think won these items, that’s right the wealthy. The majority of the team these multi-millionaires and billionaires are savy to such invaulable goods and end up out bidding or just nabbing these kids before their lesser counter parts. Subsequently after holding them for a few years waiting on the value to mature and then ditching em to some new webtrepreneur who has an eye for da vinci or the son of some oil tycoon who has a fetish for 1960 era ferraris.