Ever since companies stopped paying for our retirements people have been looking for the best ways to invest their money and the best ways to get a great return on investment. Most people don't know how to get a good return on investment so they play the lotto in the hope that their numbers will come up. I want to show you what you need to do to find a great return on investment.
Most people are ignorant when it comes to finding a great return on investment. They are so scared of losing their money that they invest not to lose, but because they invest in order not to fail then they never win and they never become rich. People subscribe to the idea that in order to be secure you need to work hard, live frugally and save money and invest in diversified mutual funds. Financial planners recommend diversification as a great way to invest, but Warren Buffet, the richest investor in the world, says not to diversify but to focus. He say "diversification is protection against ignorance".
It is easy to find an investment that loses money. A friend of mine has recently bought a property as investment. He is currently losing 0 per week that he has to pay out of his pay packet. He is losing about 25% per year on his money and he calls it an investment. I can find properties that will earn me 10-30% return on investment. In order to be able to get a great return on investment you need education.
The best return on investment you will ever receive is the return on investment from your education. The best investment I ever made was when I got a membership card for my local library. It was absolutely free and I got training from some of the best financial teachers in the world. It changed my life and it changed my finances. I am becoming richer and richer because of that simple investment into a library card and into my education.
If you want to know how to find a great return on investment then you need to understand finances and you need to understand how to invest. There is no get rich quick formula that I can give you for finding a great return on investment. Because it depends on the investor. I have seen great investments lose money because of an inexperienced investor and I have seen bad investments make a lot of money when bought by a smart investor. So I can just recommend property, or stocks or a certain business because it depends on the investor.
The best way to find a great return on investment is to increase your financial intelligence. The most important word in finance is the word cashflow. This simple word has caused businesses to fail and caused great investment opportunities go bust. If you want to be rich then you need to focus on your cashflow. Anyone can find an investment that will lose money but it is a lot harder to find an investment that will make you money and generate you cashflow.
I am actually blessed because I work only part time, and so does my wife, so we have to think cashflow when we are investing. We don't have the excessive cashflow to purchase these 'investments' that lose money. I recommend that you focus your energy first in increasing your intelligence through financial education. Read books, search the net and do everything you can to learn all you can about finances. I went from having no clue to having a clear investment strategy to be financially free in 5 year in just 6 weeks. So anyone can do it.
