- Invest in stock market
- Invest in proper businesses
You can also invest in
your friends’ businesses or in someone else’s. Make sure that you believe in
them that they can generate you profit in a period of time. Even if it is a bit
risky , but you can try with a small amount of money and learn it along the
way.
- Buy land
Investing in land for
the long term is the best strategy that most rich people use. Land can increase
the price quickly. Sometimes you never ever expected to be. For example, if you
buy a piece of land for $10,000 and do nothing with it, the price will
automatically rise over the next 3-5 years. Your $10,000 downturn can increase
to $20,000 or more.
- Save money at the banks
Even though the banks
will not give you high interest rates, it is almost 100% no-risk. You can start
saving money there little by little in order to have a chance to invest in the
strategies mentioned above.
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