What is the vehicles you can choose?
The video shown is just a message about the dollars and the economy.You have the choice to choose from the four asset classes:
1) Business. (500 employees or more) This asset class is the toughest to start. If you can start your own successful business then you have an enormous ‘unfair advantage’ because of the tax breaks and cash flow that a business can bring.
2) Real Estate. With real estate you can use debt and other people’s money to get rich. This can also be one of the safest long term asset classes to put your money into as history has shown that a good property bought at a good price can yield high returns for a long, long time.
3) Paper Assets. Stocks, bonds, mutual funds, savings. Many people get in to these assets because they are easy. You do not need much financial intelligence and you can buy them on a credit card and scale up as you make money from them. So you can start with as little as $100 bucks.
4) Commodity’s. Oil, gold, iron ore, wheat etc.
What if I have only a small limited capital and limited time to spare,what would you suggest?
Ans:Robert would suggest you build a business as it takes more discipline to start.
1) Business. (500 employees or more) This asset class is the toughest to start. If you can start your own successful business then you have an enormous ‘unfair advantage’ because of the tax breaks and cash flow that a business can bring.
2) Real Estate. With real estate you can use debt and other people’s money to get rich. This can also be one of the safest long term asset classes to put your money into as history has shown that a good property bought at a good price can yield high returns for a long, long time.
3) Paper Assets. Stocks, bonds, mutual funds, savings. Many people get in to these assets because they are easy. You do not need much financial intelligence and you can buy them on a credit card and scale up as you make money from them. So you can start with as little as $100 bucks.
4) Commodity’s. Oil, gold, iron ore, wheat etc.
What if I have only a small limited capital and limited time to spare,what would you suggest?
Ans:Robert would suggest you build a business as it takes more discipline to start.
