People spend money, time and energy in doing day to day businesses to make profit, Investment is a long time profiting business and non stop gain which also require the spending of money, time and energy.
In this article I will ask 3 questions which anyone is likely to ask before investing.
What is an Investment?
When you spend money, time and energy in something you hoped to benefit from whether it is in short time or long time is called investment.
Why do you need to invest?
Investing in the three area listed below will make you financial free at your retirement age
What should you invest your money, time and energy for?
Below are 3 main things you should invest and never run at lost.
1. knowledge investment
Knowledge is power. Spending your money, time and energy to acquire knowledge is never a lost but an increase. Seek for the right information, And again, information is also power. Knowledge is never enough same as information is never enough.
When investing In knowledge never think twice because it is a profiting business..
2. Land investment
Buying of land is a profiting business that will never depreciate but appreciate in no time. Some people are informed about investing into lands but are scare to buy one, why? because they had been doped or someone they know had been doped. You can not live by this stories because many investors are still making huge money on land.
For example there is one local land I ever bought, after six months I took a friend to that same area to purchase a portion of the land, guest what; he could not buy because the price had increased by double. So imagine going back there in two years time.
3. Houses investment
Birth rate is higher than death rate. So many people need accommodations to lived. If you invest in real estate you have create cash flow income. Let me ask you this questions once more, as a tenant have you stop paying your landlord? No. The landlord is receiving non stop profit.
The world is increasing by birth day after day and people need places to expand. Anywhere you buy a land do not worry development will soon get there.
There is no how you will invest in these three things and not grow rich.