HOW TO GET RICH WITH INVESTMENTS
The Real Guide
What is the correct way to invest in a country where people who earn ₹25,000 a month are richer than 90% of India?
You will never become rich if you only think about passive income. If you earn an amount in which you just manage to meet ends, how will you invest with that?
INVEST IN YOURSELF. Now, what does that mean? Invest in learning skills, preferably high-paying skills, if not particularly high paying, then whatever skill you have be the master of that.
Be good at something and solve problems for people with that skill, maybe by joining a good company or by freelancing. EVERYBODY LIKES A HARD WORKER.
When you have started to increase your earnings, don't go all out and invest in stocks, mutual funds or passive income assets heavily. Set Priorities.
Invest money in Travelling. Travel teaches you so much about life and the world, it's essential for your overall Personality and Character development.
Invest in Relationships. Your relations are your number 1 asset. They will be there to support you when you are low in any aspect of life, be it mental, physical or financial.
Invest in your Health. Your output would be maximum if you operate in a healthy body. Invest in good, quality food & quality workouts.
TLDR;
Focus on constantly upskilling yourself to increase your active income. Use active income to build passive income and not vice versa.
Invest in Relationships. Invest in your Health. Invest in Travelling. Your youth/time will never come back. Play long-term games.
Once you build a good active income, consciously take out some percentage of your income to invest in whatever Financial asset you understand be it Stocks, Mutual Funds, Real estate, etc.
Amazing!👏🏼