Active
Investing
The path most millionaires took. And how you can take this path, too,
today.
Until you have some active investment on
hand, you should never get into any passive investing.
Active investing means investing in
businesses or properties over which your have direct influence.
On the other hand, passive investing means
investing in companies or properties over which you do not. These
investments include stocks, bonds, mutual funds, or any investment that
others are managing (not you).
Most millionaires attain
their wealth through active investing
It is a lot more rewarding to actively
invest. You have
direct control over whether your investment will pay off or not.
It is not a luxury you have in passive
investing. By investing in stocks or bonds, you are just wishing that
your due diligence research is correct.
By investing in mutual funds, your are just
wishing that the fund manager are really as good as he or she claims to be.
Thus, the saying, "Never Invest With Money
You Can't Afford To Lose."
The chance of successful passive investing
is far less than active investing. This is why almost every
multi-millionaires are rich by owning their own businesses or some entity
over which they have direct control.
Active investing is the only field of
investing where you can put down a small investment and still have a very
good chance of returning thousands of percent.
Contrary to what marketers have been saying
about stock options, active investing
is the only way to have a small investment and still have a return beyond
the norm.
Passive investment return is
not guaranteed, but debt interest sure is!
Passive investing is not something you
should bet your money on. That is why you should pay down your high
interest debt before you start investing (passively). You cannot
expect to use your investment profit to offset the debt interest.
If your cannot in anyway payoff your high
interest debt, then you should not consider investing for now.
Walk down the sure-fire
millionaire path today
Okay. We have stressed enough that all
high interest debt must be paid off before you go into any kind of
investing. Let's discuss active investing in more details.
Active investing simply means investing in a
business where you have direct influence over its success. This
usually means your own business, your investment property, your friend's
business, your relative's business, or a business in which you have a
significant interest or share.
With a significant interest in a business,
you can influence its direction, its management style, its marketing
efforts, and most importantly, its profitability.
