Investing your money instead of merely saving it will give you high chances of earnings. It can also give you unlimited return depending on the kind of business you ventured into.
A couple started investing their $15,000 savings on a house. They used their savings as down payment for a house. For instance, your first buy was worth $500,000. If after a few years, the value upped to become $600,000. You can go back to the bank and refinance 80 percent.
You now have $80,000 handy money to pay the down payment for your second house. Then rent the house out so that the rental income will pay for the amortization. See to it that the income is sufficient to also cover the first indebtedness for the first house.
The investment strategy goes on until you can own multiple houses through that process. That couple has now a 25-strong property investment portfolio as per Startsat60.
The husband Mr. O'Neill tells that there is a good debt and a bad debt. If you borrow money for investment, it is a good debt. If you borrow for leisure, temporary things that easily depreciate, that is bad debt.
There were stories of multi-million enterprises that started with very minimal capital. It takes guts and experience to become an investor.
One businessman shared that when he was in college; he started investing in stocks and left his money there for years. In later years, he became a millionaire out of that small investment. Of course, you have to choose the right stocks to buy.
Investment strategy that can control huge losses if the investment fails is to start small and start simple. If you earn your first $100,000 do not think of buying a luxurious thing. Reinvest the money until grows so big that you can now afford a luxury.
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