Last month, I have written and published a blog post about investing. If you (American or Western man) are frankly interested in buying stocks, bonds, etc., please read it as well as other references of information while taking notes of certain keywords that interest or frustrate you. I also recommend that you watch YouTube videos from “Sara Finance”, “Smart Money Bro”, and “Everything Money” too. If you fail to comprehend the terms that the people say, then constantly rewind and replay the same videos until you understand and clearly write those words on a physical notebook. Once you collect them all, then do a search for each definition or description (including examples) on Google. Based on my experiences, this is the best way for self-teaching.

Regretful, I wish that I have motivated myself to analyze or learn the basics of finances and investments a few years ago. I would probably have earned a bigger wage than I do today. To keep you from making the same mistakes that I have done, I want to inform, help, and guide you again on this financial journey.

If you wish to know my explanation for investments, read my recent blog post.

Otherwise, continue below with 4 types of assets that may interest and inspire you to become a freed slave from the never-ending 9-to-5 job market, minimum wages, and mediocrity:

exchange-traded funds (ETFs)

If you are worried about losing money but still willing to take a financial risk and get a valuable share of different assets that can be worth thousands or millions of dollars someday, you should pick exchange-traded funds (ETFs) as your answer. ETFs, according to financial author James Chen of “Investopedia” website, are fiscal groups that consist, secure, protect, market, etc. various assets such as:

• stocks
• bonds
• commodities
• mutual funds
• domestic and foreign currencies
• so on

ETFs are supposedly cheaper to afford, easier to manage and trade, and more adept in helping you escape expensive fees/debts/liabilities than individual stocks, mutual funds, or both of them combined are. With sufficient self-instruction (through taking notes from Google search results, YouTube videos, etc.) and little support from financial experts, you should be able to find the right ETFs that suit your financial needs/desires.

If you really want to surprise yourself and your loved ones with riches in the future, consider legendary investor, chairman, and CEO of Berkshire Hathaway (Warren Buffett) as your primary role model of finances/investments. Although he has made large mistakes and perhaps lost so much money, he still has reached his financial goal(s) by increasing his net worth to $135 billion currently. Thus, you can do something similar to his financial tactics. Join investment websites that he has or wishes to register and create online accounts. Vanguard, Charles Schwab, Fidelity Investments, and Wealthfront are good examples and probably favorite sources of his too. Write down every keyword or topic that confuses or hinders you like I do. Apply the same method with varied types of ETFs plus how-to steps of purchasing stocks, bonds, etc. from each investment or brokerage website. Furthermore, please review Betterment website as another remarkable fiscal source to support your short-term and long-term goals. You can get an automatic recommendation including diversified portfolio(s) of 90% of stocks and 10% of bonds to invest like I already have. Customizing, selecting how much money that you are willing/able to spend, and so forth can encourage you to learn everything about ETFs.

real estate investment trusts (REITs)

Are you thrilled about buying and owning shares or portions of expensive land, residential houses, commercial properties, and/or industrial properties? If so, start studying and investing in real estate investment trusts (REITs) which are businesses that possess and take full responsibility of operating and financing lucrative real estate assets. Currently, REITs are available for you, me, or anyone else, regardless of his or her income, to participate and purchase. You can open an investment or brokerage account with either a local/national bank, local credit union, and/or an online investment website (i.e. Vanguard, Betterment, or Acorns). A financial advisor, broker, and/or even a robo-advisor can assist you in picking the REITs which suit your needs or wishes. If you are candidly capable of increasing your passive salary and retaining partial/entire ownership of land, homes, apartments, hotels, etc., then you would be set for life. I am actually hoping to get the same positive outcome if I do those 2 fiscal duties too.

“Investing In REITs For Income…” video – “Minority Mindset” YouTube channel

cryptocurrencies

There is that quote “Money does not grow on trees”. However, you or someone else can do the total opposite through digital devices such as desktops, laptops, mobile phones, and so on. What is considered worthy of spending, exchanging, etc. online like physical cash, coins, debit cards, checks, etc. are in the flesh are called cryptocurrencies. “Nerdwallet” lead writer and spokesperson Andy Rosen elaborates on the financial and digital term with his description, examples, reasons, ways, benefits, drawbacks, etc. Please click the text link of his article for additional details/facts:

• nerdwallet.com/article/investing/cryptocurrency

If you wish to earn high capital from the cryptocurrency market, select bitcoin, ethereum, or even Pepe Unchained ($PEPU), which is becoming immensely popular and lucrative to multiple crypto enthusiasts around the globe. I suggest that you do Google research and search for top lists of cryptocurrencies that can turn you into a millionaire or even a billionaire in a couple of years. I have found this “Techopedia” website source that you can visit, read, and take notes:

• techopedia.com/cryptocurrency/crypto-that-will-make-you-rich

In addition, watch certain YouTube videos and listen to which cryptocurrencies that the investors would buy, trade, hold, etc. Register and create accounts with any or all of these 5 crypto websites:

• crypto.com
• Coinbase
• moomoo.com
• NinjaTrader
• Kraken

Cryptocurrencies may be fabricated and unverifiable because there is no concrete evidence of their existence, genuineness, and worth. But, it is up to you to choose whether or not they are suitable for you. Other than that, please select any of the 2 prior types of investment assets or the next sort that I am going to discuss.

commodities

If you are a fan of collectible natural products, materials, or both, then you may fall in love with commodities. Investing in them incessantly may lead you to tremendous success in an industry (i.e. food, oil, gas, etc. businesses) that requires constant demand and supply. To acquire and dominate what many manufacturers, restaurants, and/or other companies typically want or need is a golden and long-lasting business opportunity that can fulfill/exceed your expectations as well as those of your loved ones. Although you and I should be forever jealous of individuals or families who have more than enough money and natural resources (gas, oil, wheat, etc.), we can always turn to the Lord Jesus Christ for whatever we need/crave. After all, God has created raw materials as perfectly and abundantly as He has with artificial resources/products. If you perpetually ask Him for assistance in investing, owning, etc. commodities, then He would do so and expect you to pay it forward. The optimum key to the desires of your heart is putting the needs/wishes/feelings of God and other human beings above yours. Psalm 37: 4 confirms that statement.

“What are commodities? Definition & Examples” video – “The Smart Investors” YouTube channel

Conclusion

Consider and treat investment assets the same way that you do with your income, bank account(s), and other valuable items.

Whether you become a millionaire/billionaire or not, at least you have a complete understanding, adequate experience, and extra chances to invest in assets that can increase your passive wages.

Above all, knowledge gives you power to take action.

Trying or failing something provides you additional power to attempt again with more comprehension.

Eventually, you are going to get reward(s) regardless of your decision to give up entirely or to keep fighting for something that you wholeheartedly want.

Exchange-traded funds (ETFs) can guarantee that you are going to receive a raise in your passive income(s) despite of the possible decline.

Real estate investment trusts (REITs) lead you to more confidence, joy, and freedom once you obtain partial or whole ownership of land and commercial/residential/industrial properties.

Cryptocurrencies may support you in expanding or improving your creative thinking skills while rewarding you with funds that can bring your unique ideas to life.

Commodities can help you appreciate the awe and beauty of nature and God’s creation as you buy, collect, use, sell, etc. physical resources or components for artificial purposes.

Unlike shopping or bills, investment assets add sufficient money to your bank account(s), brokerage or investment account(s), or both.

Think like a rich person (i.e. Warren Buffett or Tyler Perry) who has come from a poor or middle-class background.

Develop financial, business, etc. plans step-by-step.

Ask and research for answers to your “5W and 1H” questions.

Make the most of yourself.

Dare to take a risk, make a bold move, and win a lifetime amount of money that can cover all of your expenses, needs, desires, etc.

Strengthen a substantial relationship with a woman who is going to accept and love you more than what you have or what you can give her.

Then, both of you can leave a rich legacy for your future children and grandchildren who can truly and traditionally learn how to:

• make excess money for the rest of their lives
• seek true love with a special someone even if it means traveling abroad

Until the next blog post…

Happy belated Independence Day.