Money is meant to be spent, to be wasted or to be invested. Any one of the three options you choose will determine how fast you will attain financial breakthrough or how fast you are going to end in poverty. In other words, how high you rise is basically determined by how high you want to climb.
Here I am going to take you through a run down on series of investments that you can put your money into for maximum profit.
A Stock is a certificate that verifies you own a portion of a company. Stock is of 3 types, these are Short term stocks, Medium term stocks and Long term stocks. Many people tend to run away from the stock market nowadays due to the global financial meltdown that occurred. But even in the face of the meltdown you can still make heavy cash from the stock market if you follow trends and know exactly when to get in and pull out. Read more about how to make gobs and gobs of cash from stocks trading here.
REAL ESTATES INVESTMENT
As one of my mentor Fisayo Akinlolu do says that “no one should die a tenant”. Real estate is a unique investment that can give you the financial freedom you desired even when emptied. Houses and landed properties keep appreciating every day by day even when not rented out.
You can buy cheap land on the fringe of development, fold your arms and watch as the price of the land skyrocket within the shortest period of time. You can also buy the land and build houses, student’s hostels, shops, warehouses and rent it for maximum profit! Click here to learn more on how to make big money buying and selling lands and properties.
BUYING AND SELLING
Every big company that you see out there today started small yesterday. Even the almighty Dangote started small. Buying and selling different kind of commodities or rendering services is an attempt to satisfied people want and need. You can do a market research on what peoples need in your area and start selling it to them. You can also choose to render services for certain fee. How many of the needs and services your business meets and satisfies will determine the kind of patronage you get and possibly predict the future growth of your business life and state of wealth. Click here to read more on how to make tons of cash from 20 home based business.
Mutual funds investment involves pulling of resources together by you and some of your friends of same like minds. The resources pulled together are used for an investment in a number of diversified areas with the hope for a profit and returns on investment. The profit generated would be shared based on percentage according to your resources. If you can get friends or associates with which you can pull funds together, and work together, you could all make good returns on your capital.
Putting your money in a fixed deposit account is another sure way of investment with the hope that it will grow and yield positive results. To run to fixed deposit account you can speak with your banker and find out what deals you can get as regards fixing some of your money. Interest rate on fixed deposit varies from banks to banks, therefore based your decision on which banks to use after sound research and evidence and not intuition.
Cultivating the habit of saving your money in the bank goes a long way in determining how fast you are going to attain financial freedom. Money saved in the bank is always free from reckless spending and mismanagement. This money when amounted to a substantial amount can be used for other businesses or any of the investment plan listed above. If you don’t have a saving account today go to the nearest bank to you to open one.
Bonds are simply long term assets/financing that provides stable yields over a long period of time. They are usually issued by government bodies or private enterprises with good rates of payback. Bonds are loans that you give or borrow the government be it the state or federal government or corporate companies. It is a piece of paper of certificate given to you by the borrower stating the amount borrowed from you, the no of years with which to repay, the interest rate, and period of repayment. Bonds are good investment to use in balancing a investment portfolio that comprise stocks.
In bonds, you are not only going to be paid the interest on your investment but also your full invested capital at the end of the expiration of your investment.
Other investment plan you can invest in for killer profit are Treasury bill, forest and commodity trading, insurance, mini importation, sport betting and so on…….