How beautiful are your dreams?
Someone once said "the future belongs to those who believes in their dreams". Every great achievement once started with a dream. Suffice to say, some dreams act as a catalyst for our motivation onto greater things.
However, It is good to have a dream, but it is much better to have a solid plan.
So today I will allow myself the luxury of dream. The luxury of imagination. I would be imagining I have $1,000,000 in my account. They say if you can dream it, then you can achieve it.
As an individual, one needs to also have a proper plan. I believe ones plan should align with ones value and goals.
So What then are my plans for 1 million dollars?
First, As much as I trust my plans, I believe there are things I might be missing. There are people that are versed in business and investments that can help fine tune my plans. For this I will consult professionals. Once that is done, It would be time to implement.
As one involved in the financial markets, I would be taking my involvement to a bigger level. Trading is capital intensive, you can scale much faster with bigger investment. I would also look into owning a forex prop firm. Here i can help indigent but good traders fund their trading accounts and help them achieve their dreams.
Short lets?
I love real estate, but i will always prefer owning short let apartments over traditional hotels or building homes for sell or rent. With short lets i will get my returns faster.
Saving as an investment
A wise person will always see saving for tomorrow as top priority. Technically, it becomes another form of investment if we can get interest from those savings. One way we can do this is by putting money in interest yielding accounts. As a crypto person i would be saving in crypto, especially stable coins. Good enough the hive ecosystem has something on offer. Getting 20% return on your savings makes a lot of business sense. A 200,000 investment with a potential return of 40,000 a year won't be a bad idea.
Hive?
Investing in crypto currency has always been a thing for me. I am a big believer of hive and what it represents. A good investment to boost curation, delegation, investing in hive tokens etc would male a lot of sense. Another 200,000 would be money well spent here.
I would also invest in myself. I would look at self developments that are in line with what i do. And also get all basic necessities to live a better life.
1,000,000, is a whole lot of money in my country. If I can channel it properly into all of this plans, i believe it would be worth it. Maybe i would have it soon, maybe later, but i definitely know I would have it anyway. For now the idea is to have the plans ready, ready to implement.
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STOPYou have great plans for suing money wisely and from what you have shared I think you are smart guy. Considering investment is always a best option for making money grow.
You're a wise man and with your choice, splitting into crypto and real estates are wonderful choices. Savings is good but it should yield something in addition to make a difference, Hive surely gives that
Exactly bro,