Property and shares will generate long term sustainable wealth for
you and for many years if you choose them carefully.
No doubt while almost half of the people on the Times 100 Rich List
made their great fortunes through property, the second richest man in the world,
as well as many other famous and hugely wealth people, made theirs through
shares.
Property and shares make you passive income (money while you sleep) through
the art of Leverage [Law 33] and the Law of compounding [Law 34].
So you will grow your wealth if you buy shares from well-performing growing
companies which will return you huge dividends. Shares not only are highly
liquid [you can sell them and collect profit very quickly], but also they will assure
you a good spread of diversity.
In the same vein investing in property from areas of increasing
growth will yield monthly cashflow [with the right strategy] as well as capital
growth.
Statistics: Property has doubled in value every 710 years over the
last 40.
But like any investment, shares and property are not risk free. They
appreciate (increase in value) and depreciate (decrease in value), and can do you
in the twinkle of an eye. Remember the crash in the 80’s and the dot com crash
on the NASDAQ?
Only make investments that you understand [Law 7] and can personally
control [or can control the person that controls what you buy into]. [See Law
36].
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