Every Financial Advisor on the media pushes everyone to "Invest, Invest, Invest!" But, why even bother investing if the stock market is not doing so hot this quarter?
Whether it's obvious or not, the whole goal of investing is to make sure you have more than enough for retirement, according to Alicia Adamczyk (https://twocents.lifehacker.com/how-and-why-to-start-investing-right-now-1831743533). What if you want to use the money before retirement? Here are two ways to look at investments:
1. Long Term (for retirement and generational wealth
2. Short Term (for paying down debts or saving up for bigger investments)
The best thing to do is go for both. When it comes to saving up money in a bank, it takes a ridiculously long time to make back what you put into the savings account. Yet when it comes to investing in something with a higher percentage rate of return, it takes little to no time to make back what you initially invested, plus more. While everyone knows this, most people are afraid - or unwilling - to invest in anything at this point in time. So, here are a few investment opportunity ideas that can help change the perspective on what it means to truly invest in 2019.
SHORT TERM INVESTMENT - WEEKLY RETURNS
Gathering money in small chunks can, overtime, make for bigger returns. One way to start investing in short term wealth is to invest in a solid, wealth-generation company. What a wealth-generation company looks like is a company with a one-of-a-kind product that has a one-of-a-kind compensation plan no one else has out in the market; especially a company that has not completely saturated the markets yet. If a wealth-generation company has been out for less than 6 months and has made a huge and positive impact on its community, then it is one to invest both time and finances in. This wealth-generation company has both a product and a community of entrepreneurs that you need to see to believe: http://www.tinyboss.joinenvy.com. It's a short term investment that, when time and effort are put into it, can help grow the initial investment into a residual income.
LONG TERM INVESTMENT - MONTHLY RETURNS
While achieving that short term goal weekly, don't forget to invest a percentage of the returns to a long-term investment solution. Or rather, invest in more than one long term solution. Since storing money in the bank does not make a high yield of return, here are two ways you can invest in the long term. One way is to invest in a retirement solution concerning whole life and term policies. NerdWallet.com has made an effort to shed some light on the subject of policies and investment realities: https://www.nerdwallet.com/blog/insurance/whole-life-insurance-good-investment-strategy/. If you are serious about long term generational wealth building, then consider whole life and term policies with a professional (email us at firstname.lastname@example.org to schedule a consultation with one of our partners).
Another way to invest in the long term is to invest in the cryptocurrency market. TinyBoss's Team Members have been investing in cryptocurrency for 2 years and have seen impactful and positive volatility. As of now, TinyBoss's Team has made investing in cryptocurrency a long-term investment solution. According to Nigel Green in Forbes.com, cryptocurrency is just like planning to invest in the stock market. The only difference is that new investors should take a look at some of the tokens before investing in them: https://www.forbes.com/sites/forbesfinancecouncil/2018/08/02/how-to-start-investing-in-cryptocurrency/#61213a4f5d75.
If you think studying each token is too much work on your hands, then here's a way for you to invest in the cryptocurrency market with one of our team members: email us at email@example.com to set up a free consultation and interview.
Now, these are just ideas and options for you to consider as you make your own decisions for 2019. Be sure to email us if you have any questions (or DM us on Facebook and Instagram). It's up to you and your wallet, however, if you wish to establish a wealth-generation system for you and your family.