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6 months agoIf you wanna learn more, comment ā5Kā
Jay-Z said:
If you canāt afford to buy it twice you canāt afford it.
And thatās true for almost everything.
If you take a loan for an investment that pays you back thatās no problem.
But if you take a loan to buy a car, a TV or any other things that only cost youā¦
Thatās a debt that keeps growing and your money will melt away over time.
So if you wanna buy anything that doesnāt pay you- keep Jay-Z in mind.
Donāt flex- invest!
But in what? Warren Buffet said only invest in things you understandā¦
If youāre no stocks expert, donāt know about crypto, and maybe donāt have enough cash for real estate...Whatās left?
Hereās a recommendation: Amazon FBA.
Yeah of course Iām recommending it, Iām teaching it, right?
Sure, but I can explain why exactly Iām doing it.
Stocks are beyond your control- even tiny events can reduce stock value and your money goes poof ( remember 2001, 2008, and 2020?).
Real estate is just as much of a bubble but now you even have to find investors and buyers, not to forget the right properties to buy and sell.
And the market is also pretty random at times- what I the property never goes up in value?
And crypto is a rollercoaster, isnāt it? Just take bitcoin- at the beginning of the year it went nuts, in April a lot of people lost their homes...
Itās completely out of your control.
But on Amazon, people wanna give you money already, and Amazonās algorithms know exactly how buying behavior looks like.
With tools like Helium10, you can see which products are selling well.
Of course, thereās always a little risk, but if you ask me, I got the most control in FBA.
If you wanna learn more, comment ā5Kā and Iāll show you how it works.