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10 Assets That Will Make You Rich

In this video, I wanted to give you 10 things you should consider buying that bring money, some of it is passive and some of it is active and will need a lot of work.

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1. Agriculture Investments
- Now this sounds very surprising
- Because today the only things people talk about is stocks and single-family homes to rent
- But agriculture is still alive and is still profitable for the landlords

A few Example:
Farmland $1500 - $10,000 per acre depending on the area and soil quality
- Now obviously you can buy a farm and become a farmer or you can buy a farm and becoming the farmer's landlord
- And there are a lot of government incentives so you’re left likely have any missing rent payments
- In America, we grow a few popular crops like Corn, Cotton, rice, soybean, oats, and also wheat

Timberland
- Selling trees and they do not grow fast
- this is a 10-30 year operation till you get a return on your investment but 1acres of black walnut streets can sell for more than $100,000 but they grow other crops between the space of the trees to keep income coming in the meantime)

2. Laundromats
- Now laundromats are very popular in high-density areas especially like new York

Full Video: https://www.youtube.com/watch?v=4w118Ctt93M

3. Car wash
- Now if you want a fully automated car wash, that’s going to be close to 500k and up at least in New York and usually come with gas stations and convenience stores
- But if you have finest you can buy a Pressure washer and ask a parking lot for a lease

Full Video: https://www.youtube.com/watch?v=6n2MU8qWKJA&t=1s

4. iPhones
- usually, an iPhone is a bad investment
- because every year a new device will roll out that’s better than your and the value will drop

Full Video: https://www.youtube.com/watch?v=eBlhjlgf8pU

5. Rental Homes | Single Family, Multifamily, Building, and Slumlord owing trailers, and also commercial real estate

Full Video: https://www.youtube.com/watch?v=DV5WW4BOneA

6. Stocks | Increase value and give Dividends

Full Video: https://www.youtube.com/watch?v=uB9efvy7A4M&t=776s

7. Mutual Funds
- Index funds and active funds
- Its when people pool their money for an objective
- To beat the market or to track the market

Whats worked best for me:
- Has been to track the market
- Statistic show the average mutual fund manager does not beat the market and after all the fees you fall behind also

Full Video: https://www.youtube.com/watch?v=1bucqqSCs70

8. Money: Peer to Peer to lending
- This does not mean friend to friend lending or family to family lending
- Usually, the best idea with family is to give them the money if you can and if you can't just say you cant
- Only lend to people based on credit, job income, and also other debt

Full Video: https://www.youtube.com/watch?v=Sg8AuDqsJn0

9. Selling or Creating a Product (Cake, inventions ebook or something you think is useful)

10. Bonds ( income-producing investments with very low risk sometimes)

- Bonds are something you will need to learn more about has you become a more successful investor
- Because you’ll want somewhere to park your money
- And get paid some money also

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

Видео 10 Assets That Will Make You Rich канала TommyBryson
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29 ноября 2020 г. 1:00:13
00:17:57
Яндекс.Метрика