Before I get into “what is a good investment?” please watch this video:
Simply put, unless you have been living under a rock, You know we are living in highly volatile time, you should know what a good investment is.
I won’t bore you with history and current economics, and how it is all purposely set up this way -If you would like to know who the powers are and how it was all set up you should read “Conspiracy Of The Rich: The 8 new rules of money” by Robert Kiyosake, he writes it in a simple and digestible format.
What I will say is this, obviously we are not in bull market.
If you are not in a bull market, as Robert says in the video, you need insurance if you are to invest.
He mentions “Insurance” as a good investment. On top of stops (kicks you out of the market) and Puts (Option that makes money if stock declines) there is another option that is available to us. Trade in a market that you can make money out of both in an up and down moves (Forex). This is a good investment.
As insurance on the overall fiat currency I would Buy and hold Gold and Silver, this is a good investment. Commodities is the next bull market, they are at historical ridiculously low levels = good investment.
Another good investment is real estate, but only if it is producing an income for you.
If you are paying to have a house, you have hole in your pocket. It’s not a good investment.
But if want to make simple passive income from your investment, use managed accounts. Rely on the traders to move in and out of markets taking profits and sharing it with you.
Here is a couple quotes from the book “Who Took My Money?: Why Slow Investors Lose and Fast Money Wins!” By Robert Kiyosake.
“Rich Dad said: “The faster your money moves, the higher returns and the lower your risk”
And
“Conventional financial wisdom recommends you save money and invest for the long term. In other words, that you park your money. That was not the advice of rich dad. His advice was to increase the velocity of your money and make it work for you–not the other way around.”
Piggy back a trader with managed accounts. This is a good investment.
Please take a look at this post for more data on Forex Managed Accounts
Increase your general financial knowledge of markets and their history. This is a good investment.
I am not affiliated with Robert or the Rich Dad company. I find that he writes in a very simple manner with lot’s of stories and examples, so I generally recommend his books to family and friends. He makes a powerful financial education easy as reading good fiction.
I have a problem in that I have a trading, business and financial mind. The problem is that I go to a party or get-together and get to speak to financially uneducated sheep. -I mean the guy with a PHD, or the girl going for her degree. I wish these people would just get even half a financial education, knew just a tiny bit of history and would just peep their heads out of the box… But they don’t, so I continue smiling and nodding over how “No one could see the crash coming” and “401k is a good investment”. Morons.
These people could get that education with Rich Dads books! Then I would have people to talk to!
Let’s recap:
Buy and Hold: Gold, Silver, Commodities (managed account?), Cashflow real estate/businesses and forex managed accounts.
Now you have insurance, you are in the next bull market and you are making passive income through real estate, businesses and managed accounts.
IN THE MEAN TIME GET A FINANCIAL EDUCATION!
Listed above are all a good investment.
