Secrets to Investing Exposed

Statistics have shown that out of every 100 people retiring – 90% of them will depend on the welfare system with no or little savings, 6% will be dead, 3% of them will be financially independent and only 1 person will be abundantly wealthy. What investing have you done and where do you see yourself?

Here are the top 5 secrets to investing for your future:

Investing Secret #1 – Get a High Return on Investment

Forget savings accounts – that is not how you will get rich. The banks currently offer around 5% per annum in interest, but when you include inflation – your gains are lost. You will need to get a return of at least 10% per annum.

Investing Secret #2 – Use Other People’s Money or Debt to Invest

That is right; you can use other people’s money to make you rich. Borrowing from the bank, your employer, friends or family. Of course, they may charge interest or fees but be creative and make sure your investments return higher.

Investing Secret #3 – Invest in Appreciating Assets

Do not waste your money in items that lose value. That is not how you invest! You need investments that will grow in value over time such as property, shares, bonds, commodities, businesses.

Investing Secret #4 – Make Your Money Work For You

Being wealthy and financially independent means that you do not work for your money – it works for you. You can do this by investing it wisely so that your money is producing more money.

Investing Secret #5 – Other Sources of Income

If your primary source of income is your job then you will need to have other investments in order to be financially independent. Create an online business that you do not have to work in, invest in shares that give high yielding dividends, purchase rental properties, trade shares/commodities/Forex, invest in bonds, anything that will legally produce you more money.

Use these secrets to investing now in order to prepare yourself for the future and achieve your dreams.

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