Investing successfully and making millions means following certain basic principles. You don’t have to be an expert and also don’t need a so-called “expert” to invest your money for you. You need to educate yourself, not with degrees or diplomas but education that will give you financial freedom. Unfortunately they don’t teach this education in schools or in universities.
Here is some basic education that will put you on the road to financial freedom:
Take responsibility for your own money. Don’t ever give your money to someone else to invest for you. It doesn’t matter who the person is or how secure you think the investment is. DON’T. I have observed over the years how people have lost their life savings in supposed secure investments, where these investments use a reputable company or persons name to back the investment i.e their recommendation.
Beliefs like “You are not qualified to look after your own financial future” and “you are not clever enough to understand certain investments” are myths that have been spread into the market place so as to increase your dependence and reliance on financial institutions who are not interested in you becoming financially free.
P.S. Nobody cares more about your money than you do.
P.S.S. Don’t invest in anything you don’t understand.
Never invest in anything you have to rely on someone else like the so-called “expert” to explain to you or to handle for you. Your investments must be structured so they have compound growth. Take an example of an “investment property”. The property’s value increases yearly plus the rental return increases.
- Be patient
- There is no such thing as overnight riches.
- Be very aware of “get-rich quick schemes”.
- No one cares more about your money than you do.