Young entrepreneurs should skip traditional investing and pour cash into their own business instead. You can get 10x returns from a business versus 10% from investments. Once you're wealthy, investing makes sense for taxes and protection, but first comes rapid wealth creation.
If you are a young man who wants to get rich you should not be investing. I wish someone would have told me this before I invested hundreds of thousands of dollars in real estate before I was 22 years old. The one lesson you need to learn is that you can make any business thrive if you have cash. Without cash a business is nothing and what are you doing when you're investing your funds? You are depleting cash and a lot of people will say JT inflation this that no take that cash. Learn how to deploy it into your business in order to be able to get a 10x return instead of protecting it at a 10 return. When you get extremely wealthy investing is important for 1 the tax benefits and for 2 you need to protect your wealth and that is not your goal right now. Your goal as a young, rich and handsome entrepreneur is to get rich as humanly possible and you need to learn how to multiply your money not protect it.
90 DAYS TO MAKE $100K WHOLESALING REAL ESTATE FROM ZERO — OR I QUIT (Portrait)
90 DAYS TO MAKE $100K WHOLESALING REAL ESTATE FROM ZERO — OR I QUIT (Portrait)
90 DAYS TO MAKE $100K WHOLESALING REAL ESTATE FROM ZERO — OR I QUIT (Portrait)
90 DAYS TO MAKE $100K WHOLESALING REAL ESTATE FROM ZERO — OR I QUIT (Portrait)
90 DAYS TO MAKE $100K WHOLESALING REAL ESTATE FROM ZERO — OR I QUIT (Portrait)
90 DAYS TO MAKE $100K WHOLESALING REAL ESTATE FROM ZERO — OR I QUIT (Portrait)
