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Investing in Stock Market vs. a Business - (which one makes more money?)

It is time to settle a debate:

❓Is it better to reinvest in the stock market or into your business? ❓

Joesph shares his opinion on why he thinks it is better to reinvest back into the Stockmarket.

🎦 You can watch his video here: https://youtu.be/aMTMaiBWc5o
I could argue both points honestly - but coming from a wealth hacker standpoint….I have made more money by reinvesting back into my business.

➡️1. [1:57] Reinvesting back into your business does not guarantee future profits.

I argue that you are also not guaranteed future growth when reinvesting in the stock market.

➡️2. [4:20] - Reinvesting back into a business for the sake of growing ‘just to grow’ can lead to sacrificing happiness.

I agree that you don’t reinvest just for the sake of growing - I am going to share some strategies on how you can reinvest, and grow, without sacrificing happiness.

➡️3. [5:11] You have to diversify your assets.

Just because you are reinvesting back into your business does not mean that you cannot diversify. You can add additional revenue streams. 📊

It is hard to calculate the ROI when you are reinvesting back into your business. I use the ICE method to determine where to put my money.

I = Impact
C = Confidence
E = Ease of Execution

What is something that you could implement in your business today or tomorrow?

I reinvested around $24k and over a 3 year period that investment has earned me an additional $500k per year. 🤯

#reinvestinginstocks #reinvestinginbusiness

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Видео Investing in Stock Market vs. a Business - (which one makes more money?) канала Wealth Hacker - Jeff Rose
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6 ноября 2019 г. 20:30:45
00:16:22
Яндекс.Метрика