We all work for money, but very few of us have our money working for us. If you want to accomplish your long term goals you are going to have to start investing your money. Now, there are plenty of ways to do this, but only two stand above the rest and offer you the best opportunity.
1. Buying Stocks
A stock is simply a portion of a company. Whenever you buy a stock you are buying part of that company. These stocks grow over time as the company grows; some even pay dividends which help you to get some passive income from your investment. Stocks are considered to be the highest appreciating asset, so looking for a
The last major advantage that comes with stock market investing is that stocks are pretty liquid. This is important because if you need money today you can sell your stocks and get you money out of the account very fast.
2. Investing in Real Estate
Another way to make some nice money is to invest into real estate for the long term. This strategy involves buying a house and renting it out to tenets. Because there is only a limited amount of land and people need a place to live real estate is a solid investment with a lot of potential.
Real estate investing also allows you to get a lot of leverage off of your money. If you have good credit and an income you can borrow money to invest into a house. This leverage gives you more from your money and as time goes by you can pay down your loan (with the money that you get from renting out the place).
The long term affect of real estate investing is wealth and income.