Having money in the bank that is just giving you zero profit and killing your capital instead of making more money is not going to help you achieve...
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I have to disagree with you on several fronts.
Fair enough 🙂
I think the best investment is always yourself. To learn about improving your financial intelligence, financial history, financial terms & manage your risk from losing money.
While doing your own due diligence in the type of investment, you put your money in the chosen vehicle or system.
Just do not be average and do note recommendations by financial consultants or advisors. Are subjected to your financial intelligence. Which you pay them directly through the commissions they make through a sale or indirectly from the funds that is managed by the company they are representing for.
If you are good in your financial intelligence. The questions you ask about them will be different for a common investor. Because you spend the time to learn about it. Which you can choose to accept their advice or against it.
Ultimately you are the biggest liability in any given investment. Without doing your own home work in learning, managing your risk or due diligence you are setting up yourself for failure.
I have also invested my Extra money in diversified mutual funds 💸💰 which is in action now 😎🌴💸
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I loved this statement: "Money doesn’t change people. It just gives them the freedom to become more of a person they already are."
Exactly! In my opinion, if the person has rather more positive qualities, then those come out along with money. Similarly, the more negative ones, those then come out.
That's interesting. Money bring power and reach, and sometimes what you think good as bad consequences. I think it's a bit more complicated than "good" and "bad".
To stay in the subject: good article! I loved the part of "investing in yourself". This is a really important point.
Thanks a lot for your feedback! I am happy you liked it 🙂
Education alone will not get you rich. But it can help you build wealth. Investing for the long term can be deceptive. It’s not about getting more; it’s about setting goals and working towards them by educating yourself, your team and by watching how other people build wealth. You need enormous financial contributions from others outside yourself. Yet, you need to learn how to think like they do - trusting their instincts more than yours. I can recommend studying this article wealthtender.com/insights/money-ma.... A financial coach can know in you all these investor instincts.
wow please keep on posting like these before you create a post about say no to anything now this it really is beautiful post
Thank you so much for your words! 🙌
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