Variety of options in choosing investments or financial instruments. You can be confuse whether real estates, stocks, bonds, mutual funds, business ventures etc. etc. All of these choices can either help you achieve financial freedom or make you broke.
The number of victims by financial fraudsters and MLM recruiters keep increasing and companies went bankrupt and ran with investors money. I wonder, if there are still any available safest investments.
I would like to share with you my personal strategy of building safest investments, though readers of this blog knew that I'm investing on stocks, mutual funds, vul and real estate, there are other important investments than financial investment.
First, Experience and Education."Invest on yourself first ". I'm investing on myself thru experience (moving from industry to industry with different positions, from a dishwasher to Financial Controller and Entrepreneur). Experience will be your best teacher. Another strategy to broaden your knowledge is thru reading books about successful individuals and attending seminars in your field of interests.
Education, there are many entrepreneurs that college drop outs like Steve Jobs, Richard Branson, Mark Zuckerberg and many more, it does n't mean that your education will not help you achieve your dreams but it will contribute a lot. If you are starting out and trying to get on the top of corporate ladder, education will give you an advantage and high amount of paycheck.
Second, Relationship. Building a great relationships with others. Social media are giving you opportunity to connect with old friends and having new friends. Building friendships can give you opportunities to build business partnerships.
A good example is PAM Academy, Prof Leo and PAM Analyst are members of different finance forums, I approached them to be part of the growing community and help each other to build an online learning platform www.pamacademy.net
Third, Family. Wherever you go and wherever you are, whatever you achieved, your "FAMILY" should be part of your safest investment. You should help them in times of need. You should leave this world with a lasting legacy and impart your learning to your children.
Feel free to share your safest investments.
Have a great day.
Jonathan I. Ruiz