There are three fundamentals of investing. You have business, paper assets, and real estate. you can go to a business broker and see what businesses are out there for sale. Doing this can be a lot of fun plus prove to be very educational. You can go buy and sell a franchise, how exciting is that. You could get into network marketing. This is a very good way to get an education in the business world. Whatever program you join, take a look at their education program. you need to know what they are going to teach you. I recommend that you run if they do not offer to teach you. You may also choose to start a business from scratch. This could be a very risky way to inter the business world, but also could be the most profitable way of doing business.
We all need to be investing in something, but we need to be investing in something far more important than just to be wealthy. What we invest in and how well we invest will determine our financial future., our standard of living, and our security. When we consider what the future will be like regarding social security and medical care, we have to think that the way we invest today will ultimately determine not only how well we will live but if we can even afford to.
I say show me the money. I see more people holding onto their fortunes in real estate than in any other type of investment. The advantage you have in real estate is “income.” The two primary sources of income in this area is the cash flow you create from rental property and the profits you gain from resale of investment property. Note that you only want to invest in property that will put money in your pocket every month.