INVEST

OK, maybe it is not the best quote in the universe. But I haven’t copied it. It is mine and it is what I “dream” an investment can be.
At the time I started this blog, the only investments that I made in my life were the ones on my education. In particular, I was developing skills to achieve some competitive advantage in the professional world.
At present, I own an asset: a co-op apartment in NYC. Neverthless, I don’t consider it as a proper investment. As Robert Kijosaki taught me, my apartment is still a liability: it takes money out of my pocket every month. Eventually it will become an investment if I move out and I rent it for some income.

Being honest with you, I was terrified at the thought of losing my money. That’s why I never really invested much in stocks.
As a matter of fact, I am a little control freak. By all means, putting my money in something outside of my control was not conceivable.
However, looking at my financial situation at the time I started the blog, it became clear to me that I needed to face my fears and start being braver.

Part of this money was in a high yield saving account. Part was invested in some 1-year CD with a maximum rate of 2,5%.
On the bright side, I am good with budgets and I can save up to $17,000-20,000 a year.
Nonetheless, even with a timeline of 20 years, at that pace, I was very far from my financial freedom!

Why wasn’t I in a better position?
In short, I changed my life few times, moving far from home, starting from scratch every time.
For this reason, I haven’t had a steady career in my 20s. 
Workingwise I made many risky decisions. Above all, I choose to acquire experience at the expenses of benefits.
In essence, even if working hard, I had some periods where I was freelancing In those moment, I wasn’t supplementing my contributions to pension. Moreover, many times my employers didn’t offer to pay for it. Despite of that, I was taking the jobs as I knew I would gain the skills I wanted.
In the long run, I am proud of my career choices as they took me to the point that now I can build my own business.
Nonetheless, my past probably comprised the possibility to receive a decent pension after I will be 65 years old.

Many millennials were not so lucky to start a career after they gratuated.
Additionally, many had to pay off their students’ loan for a while.
The majority of millennials probably started saving and maybe investing some small amounts after their 30th birthday.

All things considered, I found myself with no alternatives! In fact, I needed to make it work!
My money had to start working for me.
First of all, I created a financial plan. After all, you need to know the intermediate steps to get to the finish line.
Secondly, I started investigating different opportunities where to invest. Accordingly  I began keeping an eye on economics newspapers and on the  stock market daily. 
Thirdly, I downloaded many apps in my cell phone. Among many, I regularly use Robinhood to buy stocks and Fundrise to invest in Real Estate. I created the balanced mixed portfolio that I believe make sense to get to my financial goals. Of course, it was just the beginning. Every month I am analyzing the situation and adjust the steps.

By following the blog, you will learn more on opportunities to earn more and to invest, hopefully with good results.