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Posted over 4 years ago

What Type of Investments to Make in 2020 And Going Forward?

Normal 1577963163 1280 653761756 Investment Topics Money

You know the saying that, nothing changes until you change and that is so true. If you will follow these five things, you are definitively going to find yourself in a different, better place in life. This is not rocket science, simple strategies and proven techniques to follow. Let me know, which do you think is the biggest one or which one already had the biggest impact on your life.

1.Personal investments.

You can never expand to the new areas in your career or business if you are not willing to start or continue to make investments in your biggest asset, your mind. Read as many books as you can, learn how to speed read and consume as much right information as possible. Go to the local meetups, events, seminars, travel if you have to, just be close to the action and stay productive, not just busy. Get obsessed with education and finding ways how to go to the new levels in all aspects of your life.

2.Real estate.

Everyone is talking about that real estate market is in the bubble and everyone is expecting a market shift that could happen anytime. Meaning that the price of the properties will start dropping and it should be harder to get a mortgage or a loan unless you already know in this space. If you consider starting investing in real estate, but the doubt about your personal skills or upcoming market situation scares you, you can still be part of the great investment deals, because there is markets within the markets and those opportunities will exist anywhere at any time, if you know what you're doing. So surround yourself with professional people, who have experience and the right team to execute on the deals and get great returns.

3.Your side hustle.

Keep growing the thing that helps you to make some money on the side. In your financial part of life, you just need to focus on a few things, your main job, and your side hustle. Don't be a "jack of all trades" meaning that you know a lot about everything and that's all that is. Of course, you need to know a lot about everything but at the same time, you need to be professional only in one or two fields. So keep feeding your mind with the right information that will help you to do better at your job and push that additional capital to your side thing and stay committed to growing it, which will require commitment. And to have the commitment it requires your money and time.

4.Your health.

You don't need all that money that you make if you have bad health. And probably you won't even have that money because you will have to spend it all to fix your physical condition. What I am saying is that in the process of reaching your goals and targets don't forget to take care of your body in the process, as it is not just a "grind and hustle" 24/7. I have tried 4 hour sleep days for some time if you think you can perform super well with this much sleep, go ahead. But for me personally, I need at least 6 or 7 hours of sleep to make sure that I can be sharp all day. Meaning I will need to go to bed earlier that day, there is nothing going on at 10 PM at night anyway and if you are awake, you probably just looking for some problems to get into.

5.Networks.

If you are following step 1 of my recommended personal investment for 2019, you know how strong networking is. Personally, I've met the greatest people that left the biggest impact in my life while I was networking or doing my YouTube show. I definitely recommend you to have as well, as this is a type of networking as well and will help you to meet and make friendships with the best people in your preferred industries and become known as an expert in your space as well. Use all social platforms like Twitter, Instagram, Snapchat, Facebook, LinkedIn to make new connections. Because you know, that your net worth is determined by your network, so make sure you are networking all the time.



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