Invest Diversely in the Long Term
Rich Dad Scam #8: Invest Diversely in the Long Term
Mutual funds are a great way to make money—if you sell them to others. Otherwise they are a Rich Dad Scam. How can millions of people be wrong? Watch this video and learn.
I totally agree, Real Estate is a great way for investment, and I would like to say that for me, living in Switzerland, without a job (self-employed – banks want people with a job or assets…) I won’t get loans from the banks to buy Real Estate here. A friend has a business where people can buy through him real estate in south of germany with 0.- down.- but you have to have a job (duh) and be under 45 years old. I just topped that by 10 years. Too bad. But there are always other ways. Just a few days I heard about one which I’m going to explore more, as far as I have seen so far age, job, and so on is of no issue.
While real estate is at the moment out of my budget I have found something that is right in my budget and a way to get a toe into the I-Quadrant.
As a member of a club who invests as angel investors to young start ups and we club members get shares of those companies. And you can build passive, monthly recuring, income with their affiliate program. I think that’s a great way with a small monthly amount of money to start investing.
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