First I must say that these assets are no easy way to wealth. You have to put time & effort into learning them and getting your head around them. Then they can make you a lot of money. But you have to at least put in a bit of work upfront.
Stocks
- Where is the proof that a stock can make you rich? In 2020 Tesla stock was around $30 a share & it went to $400 in 2021 & currently worth $180 a share. So, that might not make you rich but who would complain about upping their net worth by 10 times the amount?
- Zoom stock is another example. It went from $70 a share to over $500. DraftKings went from $10 to almost $50. So, that’s up by almost 5 times the amounts.
- These are some extreme-level stocks, but there is no doubt that stocks can you make wealthy in the long run if you know what you are doing. The best example is Warren Buffett. He became the world’s richest person by investing in stocks. Almost $100 billion net worth was created just by investing in stocks. Almost every billionaire and multi-millionaire in the world invests their money in stocks.
- But you can’t be a lazy stock investor or you’re going to lose. You’re not going to find the Tesla or the Zoom being lazy. So, to be successful at the game you have to at least do your research & invest consistently for the next decade.
What are Going to be the Companies that do well in the Future?
- Artificial Intelligence, Healthcare, Electric Vehicles & then you start buying stocks & you will able to find the next Tesla, Netflix, or Google. You can learn this game for free. I learned everything I know about investing through the online world.
- You can start listening to interviews, and lectures done by the greatest value investor Warren Investor. Just typing Warren Buffett on YouTube or google you can get hundreds of lectures done by him. Everything is free in the public domain. All you have to do is just down your head & learn. Just learn.
