Alternatives to get rich - Risk wins, Risk loses.

Yesterday I came across a graphic of a visual capitalist. How long does it take for money to double in different investments. For a period of nearly 100 years, it is truly impressive. Real estate is the worst. But 4.4 percent is something compared to nothing. A hundred dollars invested in a property after a hundred years becomes over 5,000 dollars is great, though. Gold 6.48 percent is better. Corporate bonds are very, very good at 6.96 percent. But Investing in the S&P 500 brings a yield of nearly 11.51 percent. This is phenomenal. This means that every 6 and a half years your money doubles. But let's not forget that if you hit the Initial Public Offering of a company that has a future and a good product. It can make you a several thousand dollar millionaire in no time. But recognizing such a company in times of huge competition is like hitting the lotto numbers. But sometimes the risk is worth it with a company with patents. But whatever you invest in brings dividends. Sometimes there is disappointment. For example, investing in a property in an area that is de-icing. When the market is calm, gold does not grow and you are waiting for a crisis. You come across a company that has appointed a bad manager and the very good company declares bankruptcy because of this bad management. Risk wins, Risk loses. But there is no alternative without risk. But let's not forget that the most that can make us very rich is something like an idea. Something you created and that is your ticket to your wealth. You can always sell the idea, but at least try to draw it or make a prototype.

Author Sezgin Ismailov