I am a Real Estate Investor for a living, and I have made millions since the recession in 07-08. I can say with a reasonable level of confidence, that we have wayyyy too much liquidity in the markets right now.
Whether you look at the stock market at all time highs, real estate hitting astronomical prices, or baseless ICO's raising millions, cash is cheap. So how do you capitalize on this opportunity?
INVEST in Bitcoin- I see too many people try and day trade their way to riches. Investing is a long-term game. By setting aside some money and investing for the long haul in probably the most stable of the crypto's (BTC), you are getting exposure to an emerging space.
OWN what's real- Buying and leasing out real estate is literally a practice that has existed since the dawn of mankind. It is also highly resilient to things like Amazon or other emerging innovations. As a result, a good stable real estate portfolio is the safest place to park your capital to protect against inflation and grow your wealth.
STOP watching the news- When it comes to growing wealthy, emotions are your enemy. In the world we live in currently, there is little to be gained by the knee jerk reactions that come from the daily news cycle. Take a deep breath, we are in it for the long haul remember?
Follow these tips, and I am confident you will see your net worth start to grow quickly. Good luck and let me know in the comments if you liked these tips!
Pretty cool advice. I still need to fulfill number two, but I'm getting there. Cheers.
This post received a 3% upvote from @randowhale thanks to @initforthemoney! For more information, click here!
You have a good head on your shoulders if you know anything about crypto. Stick with it!
Clear, concise and reasonable. Thanks, followed, upvoted and resteemed.
I appreciate it!
I think just make a plan and stick to it. That goes with #3....