10 Smart Ways to Invest Your Money
9) Your own business
Real estate may make millionaires, but businesses make billionaires. Whether your goal is to become a member of the exclusive ten digit club or just raise the standard of living for yourself or your family, starting your own business provides you with an excellent way to do it. While it is true that it’s possible to find investors with the right idea, right plan, and right leadership, starting a business with your own money enables you to own and control most or all of it. Simply put, there’s no other investment that gives you as much control. If you choose to go this route, though, be sure that you still find ways to do things in cost-effective ways and that you know your business thoroughly. Even if you do at some point need to take on investors or advisors, you will always have a stronger negotiating position if you have the money to do things yourself if necessary.
