Here are the six great things in which I recommend investing.
I make my living by helping buyers and sellers make their dreams come true in real estate. I also use the money I earn in my business to invest in a variety of other things, and it’s worked out incredibly well. If you’d like to follow my lead, here are the six areas in which I recommend you invest:
1. Buy a personal home: I bought mine for $300,000 in 2009, and it’s now worth around $750,000.
2. Buy a rental house: I recently converted a vacation rental home into a long-term rental, which is a great way to earn passive income. I met a woman who bought a house each year in her 20s, and she now uses the income to fund her retirement.
3. Buy stock: You can buy anything you believe will rise in value over the coming years, such as Apple. You can also buy into the S&P index fund, which has averaged over a 10% return in the last 10 years. Additionally, I know a great money manager if you’d like a recommendation.
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By investing in these areas, you can help yourself grow both financially and personally.
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4. Spend on travel and experiences: This may not get you a return on your investment, but I believe it’s worth the money. Every time I’ve traveled, I’ve learned and grown from the experience. I’ve even come up with new business ideas and found new clients during my journeys.
5. Buy life insurance: I recommend a term life insurance plan.
6. Invest in yourself: You could read a book, take college courses, hire a life coach, or do anything else that helps you develop your skills.
By investing in these areas, you can help yourself grow both financially and personally. If you have any questions about the investments I discussed today or concerning real estate, feel free to reach out to me.
