Investment is one sure way to grow your income and become wealthy. It is one way to make your money work for you while you focus on other aspects of your life. An investment can be classified into high risk investments and low risk investments. Most high risk investments have a higher return on your investment but you can lose your capital. In this post, we will examine top 5 Investment ideas you can start with in this 2018 and grow your wealth.
Real Estate: Real estate has always been a sure way to grow your investment. Many multi-millionaires earned their wealth from real estate. There are different ways to make money from real estate. First, you can buy and flip for a higher price after some time. You can also buy and rent out for monthly income. This second option is a means of passive income.
Stock: This includes shares of companies. You can buy and sell shares for a living. Stock trading is a high risk investment because the shares of a company fluctuates. But you can grow wealthy by investing in stocks and shares.
Bonds: This is classified into Company bonds and government bonds. Bonds is a low-risk investment you invest to grow your wealth. The returns on bonds investment is quite low, but you are sure of returns on your investment.
Gold Trading: The value of gold has risen by over 200% over the last 10 years and its still on the rise. you can invest in gold this year and sell for a higher amount later.
So far, these are 4 sure ways to grow your wealth this year 2018
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Very good advices. I'm an invester myself.. my advice is that don't rely on just on source of income.. as they say in old english: Don't put all your eggs in just one basket, if you drop the basket you smash all the eggs. Variety is the key to success. Cheers. Good post
Thanks