My Top 3 Best Investments

Disclaimer

Here on Selfmadesns.com I’m only giving you my life experiences. So, you may learn and benefit from my mistakes along the way. As well as learn from all of the good decisions I made. What may work for me in some different experiences is not always what you should be doing on your own. Always do your own research or speak with a professional on the subject. Better yet do both guys. It will be way more beneficial for you at the end of the day. If you want more information on our terms, please visit our terms and conditions page along with the privacy policy page as well.

Today I just wanted to come to you guys and share with you my top 3 favorite things to invest in. This will give you guys a chance to kind of see how my brain works when it comes to investing. You’ll see I don’t always do thing by the book, but I do take calculated risk. At time I really believe in no risk no reward guys. That why sometimes I known to go with my gut on some investment. Sometimes I’ll make an investment for the relationship that can come from it as well. But we have time for all those kinds of stories later, let’s get into this post.

Real Estate

Now when it comes to investing in real estate, I do a lot of research. I try and learn as much as I can about the properties. I want to know everything about the area, schools, stores, and activities to do. Know what other houses in the area are valued at, so I can have an idea of what I can make. I don’t want to put some money into a property to get it all nice and I won’t be able to get my money back. Unless I spend time renting it out until I make the difference, I would make on it when I sell it. I really don’t like to go with my gut in real estate because you never know what be hide them wall before you buy it. If I have to take a risk on the house, I need the area to be worth it. That’s just one of some of the things I like to keep in mind when I’m investing in real estate.

Businesses

When it comes to starting a business, I’m a little more of a risk taker. This is where I would like to do a calculated risk assessment. I know not every business will be a success one. But I also know you miss 100% of the shots you don’t take. I will get to know the area. Find out what kind of value I could bring to it. Find out what the people in the area are like. Once I get an idea of the kind of business I want to open. I then want to see who my competition is. See why they successful. Find out if I can improve on anything they’re doing. Look for some ways to stand out from them. After all that I get with my team, and we talk it over. Take some votes on a few things and we go from there.

Jewelry

Jewelry is one of my most favorite things to invest in for a few reasons my friends. One reason is because it’s what once backed our money. To me it’s like cutting the middleman right out. Another reason is because it holds its value pretty well if you know what to buy. You can’t just be out there buying any old thing someone will try and sell you. You need to know what to look for and have a good idea of what you should pay for it. If you really do your research, you should be fine my friends. Let’s not forget it’s fun to wear.

Bonus – Investing Tips for the Stock Market

When people come to the conclusion that they are ready to invest, it’s usually the stock market that comes to mind. Which isn’t a bad idea at all. In fact everyone should have stocks in their investment profolio. The stock market is a place where shares of public listed companies are traded. The share prices can range from pennies to thousands. The more shares you have in a company the more money you make when the shares go up. On the other hand when shares go down you lose money as well. The stock market is a risky investment but it can definitely be worth the risk. Here three tips to help you make money in the stock market.

#1

  My first piece of advice is to invest in companies you are familiar with. Doing this give you’ll understand what the company about some of the history. You might understand when to invest in the company. For example, let’s say you wear Nike & Jordan shoes. And you know when they post their release dates. So now you know when people are going to buy and when they buy the stock will go up. This also gives you the chance to invest when it’s low when people aren’t buying. Investing in companies your familiar with is one way to go

#2

  Next tip is to get around like minded people as yourself. When like minded people come together they seem to share knowledge, it’s never to late to learn something new. Especially when it can lead to money in your bank account. This give you a chance to learn about different companies that their invested in. What mistakes they made. If you know their mistakes you can know to avoid them same mistakes.you can also share some of the news on your investments. Let’s them know you serious about what your doing. Let’s not forget about the benefit of social media. You can easily join an investment group on a social media platform.

#3

  My last tip is to follow the money. Research on what major players are doing in the stock market. If you see a major player investing in something you might want to go do some research on that company. See if that’s something you want to be apart of. I say research because you don’t want to be lead by the blind. At the end of the day they can afford to take bigger risk than you. So always research. Following the major players can lead to big money. Just look at what effect Elon Musk had on bitcoin. It went from like 30k to over 60k once he invested in it.

  These are three tips I feel can help a beginner in the stock market. Investing in companies your familiar with gives you an idea of the company projected sells. Get around like minded people because we don’t know everything and can always learn something new. They say, “you don’t know what you don’t know”. They may be right. Last follow the major players in the stock market. It’s just like the saying, “follow the money”. Money attracts money. I hope these tips help you guys out.

Summary

These are my 3 favorites investments to have. These aren’t all my investments but the ones I like the most. I believe you should try to invest in as many things you believe in as possible. Thats why I gave you guys the bonus part of the post. Thanks for your time today and the visit. Please come back anytime. Tell your friends about the blog please! Hopefully you feel your time was well sent today on the blog today. Good luck out there with your investments!