HOW TO INVEST YOUR MONEY IN YOUR 20s

When you are in your 20s it feel like you don’t have a lot of time but the fact is that you actually have more time than you think. One of the things you have working for you in your 20s is time.

1. Invest in Increasing Your Income when you are in your 20s: If you could make more money, it gives you more money to invest, but sometimes you may encounter worrying about returns on investment. So instead of worrying way too much about getting a maximum return, why don’t you invest in yourself; maybe for some, it could be reading a book, it could also be learning public speaking or communication skill, it could also be going to certain networking function and expanding your network, because your network is your net worth. Invest in yourself – you’ll always get the maximum return when you invest in yourself.
2. Focus on the Big-3: There are three types of investments in this world, and these three have created more millionaires and billionaires that anything else. They are Business, Stocks and Real Estate. These 3 categories are the Big-3.  If you look at most wealthy people’s portfolio, they have this three things, the few exception might have a few other things, but pretty much almost all wealthy people either created their wealth or are holding their wealth in this three things. Within these Big-3, there are so many categories, you don’t have to master everything, as obviously no one can; just pick one and work on.
3. Have 3 Types of Financial Plans: You need to have these 3 types of financial plan. Most people have zero financial plan.

• Get Rich Certain Plan: This is the very first plan you need; everybody needs this plan. It is a plan for “Get rich: certain”. This is a plan that you know for sure, that it doesn’t matter what you do, whether you have a business or a job, this plan can work for you. It is the act of saving (setting some money aside). In 30 – 40 years, especially if you start saving in your 20s, you would have accumulated enough funds. This is good right? But that’s not the only plan. Sadly, most people don’t even have this plan
• Get Rich smart: In this plan, you are more involved, on like the previous plan of saving: Here, you are actively involved by learning – the more skills you have, the more sophisticated you become, and the higher the return you’ll be able to generate. Invest your money in learning High-Income skills like copywriting, web development, programming, block chain, building sales funnels, etc
• Get Rich Fast: I guess you are eager to find out what the Get Rich Fast Plan entails, but I’ll advice you slow down a bit because the Get Rich Fast Plan, requires a different level of skill and sometime it might require a little bit of more risk. I’ll explain this much later.

How To Go About These 3 Financial Plans

You don’t just want to jump into the “Get Rich Fast Plan”, you need to do the Get Rich Certain Plan first, let’s make sure in 30 – 40 years, and you are going to win not matter what. The rich certain plan is the safest and it very simple. Just keeping money aside every month depending on how much you earn.

If you succeed in the first plan, then you can move to the second – which is Get Rich Smart. You should pick a category you’d like to focus on and build on it. As you succeed in this, you can now move to having a plan for the get rich fast. Remember, the more skills you learn, the more sophisticated you become.