Shift your focus from money to asset

[Starmix]

Let's shift our focus from money to asset. Money may disappear in split seconds if invest in you don't know. It's better to buy an asset that multiplies your profit. An asset is something tangible and manageable that guarantees living in financial freedom. You may convert your asset to cash, in millions. What can you say?

 

[eLdavis]

A lot of people have gotten this understanding, which is why they now invest in real estates and the likes.

 

[Fidelia]

I agree with @Starmix in totality. When your focus is on money, you would not be able to multiply it, no matter how much gets into your hand. Assets can multiply your money.

 

[King Belieal]

It is assets that is looked at to say if someone is wealthy. No matter how much liquid cash you have anf you don't have assets, you are a poor man.

 

[Starmix]

You're all so right, having. money doesn't mean forever money especially if there's no back up like passive income or a certain asset. There's less problem when financial situation fluctuates.

 

[Augusta]

Yes, change your money to assets that is the real investment. Just having money which is physical cash is not enough

 

[Starmix]

An asset could be converted to cash during the right time when the price is stable. Money could not be enough if the source is weak.

 

[Augusta]

An asset could be converted to cash during the right time when the price is stable. Money could not be enough if the source is weak.

Yes,it is not just to make money . We need tangible assets that we can easily convert to money and get more out of it during emergencies

 

[Starmix]

Yes,it is not just to make money . We need tangible assets that we can easily convert to money and get more out of it during emergencies

I sometimes can't believe the prices that we have this time. Everyone tightens their belts. The shoes and clothes departments in malls are almost empty of people. People flock to the wet market.

 

[Augusta]

Assets is worth having than physical cash. Cash would easily depreciate but assets would appreciate in the long run

 

[Stardom22]

For me l would go for the assets. That's because the assets can be sold at a reasonable prices.

 

[Starmix]

You're all so right and assets appreciate as years go by but we also need savings for an immediate need like food, medicine and other simple yet essential things.

 

[Fidelia]

Assets command futuristic value while money is best used for the present. If you want a bright financial future, get more assets.

 

[Starmix]

That's very significant for those who have money to be able to convert cash through buying an asset. In my case, I want to own an asset building for rent. There is double effect an asset to also serve as a passive income.