Creating assets, as much as possible!

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Rich people get richer by their assets

A wise man once said to me, "it's not about what you have, it's about what you make!", and these words really sunk in to me. And boy was he right. You may have tons of money, they aren't worth shit, if you don't put your money to work. How? By creating assets. That bring you in more money.

What are those assets? It can be anything that brings in more money. Like real estate that you rent out, but also smaller, like stocks that bring in dividends, or crypto that you stake.
I have a bit of all three the above. And I finally start to bring in some more money above my paycheck. And that is nice. Because for those assets, you really don't have to put in more energy. They do the work by themselves. And that is the key. What do you do with the earnings, you spend a little, and with the rest you buy more assets. It's as simple as that. But it takes a bit of time and energy before you have some. But once you have, it's as easy as drinking a cup of tea!

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Create assets, assets, assets, assets! And then live!

Sincerely,

Pele23



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3 comments
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The wealthy have assets; the middle class has liabilities they think are assets but are really debt; the poor just have expenses.

It really is fairly straight forward.

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Create assets, assets, assets, assets! And then live!

100% right, but not too many can afford that.

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