Post
Topic
Board Economics
Re: Invest on your dependants if you too must grow further
by
passwordnow
on 18/05/2024, 11:31:07 UTC
Instead of being an investor with profit sharing, I tend to maximize my money by investing in businesses and assets in my own name.
There's a different approach being a profit sharer investor type and also being an owner of your own business. I prefer the latter but if I've got some friends or connection that has a trustworthy name on their own game of their business and offers something like this for profit sharing. I'll check first the legality of it before doing a deal and partnership with them. It's being an angel investor and you're also helping them to collect pool of funds for their business expansion or whatever business related use of that money.

I focus on investing in bitcoin and several other crypto assets, this gives me more returns than being an investor in other people's businesses. But of course it's good if we have both at the same time, that means you will have more sources of income.
If you are a business owner, you definitely have the blood of being an investor as well. So, aside from doing stuff from your business. You also have to do things that are more of your passion and likes like investing in crypto assets. We all want to get a better life and that's why we're investing to anything that we think that's going to be worth it someday and not just to dependents of ours as we also try to teach them what we've discovered and learned from investing.