What does investing in yourself really mean? I mean yeah stocks, bonds, mutual funds, etc. But what is your plan once you reach the point you dream of? Of course, everyone should be constantly saving for retirement, but isn’t there another goal besides that? Starting a low-cost business may seem very complicated, but it’s actually a lot easier than you think. Have you ever thought about becoming a homeowner? I’m not talking about starting the next big real estate business, but would it be that hard to own a few small properties? Let’s think about that for a second. If you were to buy a house for $200,000 and rent it out for $2,000 a month, it would only take a little over eight years to break even, and then you would earn an additional $24,000 a year.
OK well even if you have the money to make this investment you might be thinking… “how much work is this going to be?”. To be honest, a family is not too important as an owner. You may need to stop once a month or so for routine maintenance, and if you’re a bit of a do-it-yourselfer, that shouldn’t be a problem! Otherwise, you could easily hire a part-time worker to help you with the labs. This may cut into your profits a bit, but will present itself as an opportunity to make some side money with hardly any work.
As a professional investor, I would strongly recommend investing in real estate to my listeners. It is a very simple way to generate long-term profits, and if you continue to invest in this market, you will earn very big income in the future. It is a very simple but expensive investment, but it is also a very valuable investment! It’s an easy way to earn extra income, and you might be surprised at the amount of income that comes your way! If you don’t have enough savings to cover the start-up costs of your business, you may want to find investors. But finding investors with small businesses like this can be very easy! The best time to start saving is now! Owning a property can be very lucrative and it should definitely be a considered investment by anyone.