WHAT ARE THE FOUR ASSETS THAT WILL MAKE YOU RICH IN 2021?
Many people will probably click on this link with high expectations. They may be thinking that this guy will give us four assets that if we buy them, we can be rich by the end of the year. It isn't going to be easy. But I hate to burst your bubble that these assets will not make you rich as fast as you want.
You have to put time and effort into learning them, getting your head around them, doing a bit of reading. Yes, they can make you a lot of money in one condition that you have to work with patience.
This work is way better than doing a nine-to-five job.
1. STOCKS
Like that less time more fun and certainly a lot more money to be made, so let us crack right into the first assets, the first asset is STOCKS.
First, where is the proof that investing in stock can make one rich? So in one year, Tesla stock has gone from about $42 a share to over $400, so yes, that might not make you rich who would complain about upping their net worth by ten times the amount.
By the way, I bought the stock for around $40 a share too, so it is full disclosure. However, it has made me a decent return zoom stock. Another example went from $70 a share to over $500 DraftKings ticker symbol DKNG went from $10 to almost $50. So this amount is approx five times the amount.
I will give you the more extreme examples, but there's no doubt that stocks can make you wealthy. You can ask any billionaire. I'll tell you that, even myself, is a first-hand example of stock making me good money.
You just start thinking about the companies that do well in the future. Artificial intelligence perhaps sports electric vehicles, and then you start buying stocks, and yes you can find the next Tesla or Amazon or Apple, but you need to be in the game.
HOW TO LEARN AND WHERE TO LEARN
You can learn online, through their free courses. By watching other YouTubers mean there are so many ways you can learn this game of investing for free and then what I'd recommend is just dip your toes in first you don't need large amounts of money to get started and invest in, you can start with small amount of money like 100 or 200 dollars.
I know what you're thinking: an online business is too difficult. But wait, even if you love your nine-to-five job, you should start a side hustle in an online business.
2. ONLINE BUSINESS
Starting an online business made me a millionaire, and it's making people in their teens just regular people a lot of money because this is what you need to understand the online world, the technology world. This is one area that we have advantages in.
Young people can take advantage because old people didn't grow up with technology. They grew up outside, skateboarding, playing sports and stuff like that young people know technology better than anyone. The only problem with young people is, all they want to do is watch videos or play games with the technology. They don't want to try and make money with it.
EXAMPLES
I could give you examples. A girl makes $20,000 a month in the spiritual service niche helping couples online. A kid named Beizer makes $100k a month through drop-shipping and selling things online.
It doesn't matter what you're into, what your passion is. You can monetize it online. If it's photography, you can sell your photos on ETSY and SHUTTER-STOCK.
At least now, it's not so big, and it's not too hard to start up a business online. For example, three years ago, I was poor as anything, I was working a job as a driver and I wanted to start up a business online.
My online business made a full-time income after three years, it now takes me about ten full-time income every year.
3. REAL ESTATE
So, gentlemen, starting a business online is a possibility. I can say that first-hand, okay this one is a little harder to get into in the first place because even though you can borrow 80 of the money you need for a house, you still have to have a deposit saved up to buy nevertheless, it is an asset that can make you wealthy, and the wealthy people own some sort of real estate, but you should realize that you can start from scratch with no money.
EXAMPLES
For example, Graham Stefan began his career as a real estate agent, selling homes, and after saving some money, he moved on to investing. I'm planning to buy some real estate soon, and I recently attended a couple of auctions that I lost, but the real estate agent side of things looked like a lot of fun.
With everyone selling houses, there was a strong sense of community in the air, and it's a social environment. Being an agent has the advantage of providing you with inside information. You learn the genuine value of each house, what to look for on a property, and how to get a good bargain on one, so if you don't have the money, you might consider becoming an agent before buying a house.
Otherwise, the next option you have is something called a Re-It. A REIT, or real estate investment trust, is essentially a stock that invests in real estate and is a far less expensive manner of doing so.
For example, heritage growth property stock, which costs around 15 a share, is a REIT that invests in shopping, dining, entertainment real estate. Amado Loeffler stock, that's $9 per share, invests in office-type real estate buildings, so it's essentially a lower-cost way to get into real estate for the average person, but if you want to get rich with real estate, it's a better option.
You have to become an independent owner that's how Trump got rich grand cordon all of these guys are real estate investors you don't have to be as big as them, but even owning one or two residences that can bring in thousands of dollars per month is nothing to grumble about oil, water, and gold are all in short supply., we have a finite amount of resources in the world, particularly water, and becoming an owner of something with a limited amount of it is usually a desirable investment.
4. BITCOIN
Another great thing about certain types of commodities is that you get big tax breaks. For example, oil tangible cost for drilling is a hundred percent deductible, so there are major benefits to certain commodity investments like these another type of commodity to just consider owning is bitcoin.
Yes, bitcoin is a currency, but it is also a commodity. If bitcoin's influence grows and more people adopt its practical application, there is a lot of money to be made, but bitcoin is also quite dangerous.
There's no doubt about that, at least compared to the other assets that I've talked about it, you see the difference between the rich and the poor are poor people say to get a secure job and climb your way up that corporate ladder put on that suit and tie every day.
CONCLUSION
Work nine to five, you'll make some money. However, the wealthy advise working for assets. This way, you'll make money while you sleep, buy stocks, commodities, and real estate. When you can, and most importantly, if you want to become wealthy, you must start your own business; the opportunity is now; however, most people will not take advantage of it.
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