Money is not the root of all evil, yeah that's what I said.
You are free to be shocked because I just said that the quote you used to justify your financial inbalace has just been revoked.
LoL 😀
I understand the quote very well more than you do, the person that made that quote misquoted it.
it should be rather better said that "money is the root of some evil" not all evil.
There are people who didn't do evil to make money, no rituals, just clean money.
And when I invest my money, my little money in different shares, places and platform, I harvest when the time for labour is over and the time for famine is near.
I can't be doing this and be hearing people say that what keeps me moving is the root of all evil. so better double your hustle and delete that quote from your mind.
Open to your Bible.
tune into Greclone Channels 06.24 FM
Let's read the bible from Ecclesiastes 11:1.
and it goes thus,
Ecclesiastes 11:1-6 NIV[1] Ship your grain across the sea; after many days you may receive a return.[2] Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.[3] If clouds are full of water, they pour rain on the earth. Whether a tree falls to the south or to the north, in the place where it falls, there it will lie.[4] Whoever watches the wind will not plant; whoever looks at the clouds will not reap.[5] As you do not know the path of the wind, or how the body is formed in a mother’s womb, so you cannot understand the work of God, the Maker of all things.[6] Sow your seed in the morning, and at evening let your hands not be idle, for you do not know which will succeed, whether this or that, or whether both will do equally well.
For my Christian brothers, I feel delighted using this passage of the bible to introduce you to what is called "ASSET"
Hallelujah somebody 😄
Assets can be divided into two types.
- The offline asset
- The online asset
A quick question please.
What's that thing you will buy for lesser price today and it will give you x4 of the cost price in 5 years time as an offline investor?
Land?
Car?
House?
Company?
Factory?
etc.
Car is a liability so don't count it as part of the list, I just put it there for a purpose.
All these are offline assets starting from "Land".
LAND
If as a good investor, you bought a land in an undeveloped area 10 years ago at the rate of $1200, and today that area happens to be a very busy place with high class industries and houses around, of which your land happens to be the only virgin land in that area after ten years, how much would you sell it now?
For me, I would sell it for $25000 or more because that's a rare asset and as time goes, the amount increases.
Land investors, Bravo 💪
CAR
Again, car is a liability, the cost of fuel needed to run your car for 3 years will be more than the amount of money used in buying the car.
and if you are to resell it, for sure it will be at a lesser price because it will be outdated in technology by then.
Not an asset but it will at least return some cash when it is sold off.
COMPANIES AND FACTORIES
Company and Factory Assets depends on how good you run the business.
If you buy a working factory, you stand the chance of having continuous revenue and even more when you sell it off.
Big Big Assets.
HOUSES
Buying of Houses and renting it out is also an asset.
What makes you a billionaire is not the money at hand but the assets you possess.
Anything can happen tomorrow and that 10 Billion Dollar cash will vanish in pepertuity.
but your assets are always there to speak for you at critical times especially when you have them in different dimensions and locations.
I am done with offline assets for big investors, let's talk about the small money asset anyone can do even if you are a student now under your parents.
A quick question please;
What's that thing you will buy for lesser price today and it will give you x4 of the cost price in 5 years time as an online investor?
Crypto currencies?
An app?
A social media accounts?
CRYPTO
This article was published in this month of June, 2024.
Count back to June 2015 when 1BTC was just 45,000 Naira and today it's 95,430,500 Naira.
This has happened just in 9 years, invest 45k sleep for 9 years and become a Millionaire.
That's crazy right?
Crypto currency is an online asset that will soon be used in global trade, the earlier you rush it, the better for you.
Mind you, we have other promising crypto currencies you can buy online at lesser price Incase you missed Bitcoin like me,
just go do more research about it.
APPS
Some software applications, I will call them mini assets because they can be profitable and satisfy the needs of many but has a slow process.
As a none Developer, see this as an opportunity to acquire an app today that people will use in your name.
Apps that will give you return of investments like social apps, messaging apps, editing apps, payment apps. etc.
In all these apps, if you can go for a payment app for an asset, you deserve a genius award because it's always there for people to make their transactions while they pay their tasks.
SOCIAL MEDIA ACCOUNTS
Acquiring a social media accounts with large number of genuine followers is also an asset, this time you are buying an audience that will give you a return of investment whenever need arises.
But this type of asset can disappoint If you don't give your audience the actual vibe they yearned for from that account, they will blacklist you.
or if your account gets suspended, you lose.
Lastly,
Blog is also an asset and that's why I am growing mine now to be rewarded in future as my blog will be a library for online researchers.
Out of all these online assets, which one do you prefer?
Crypto, Apps, SMA, Blog.
For those who decide to go for blog, I am here to help both as a Developer and a writer.
For those who choose crypto and the others, please do your proper research before you invest.
Summary:
Invest your money now that you have it so that in the days of famine, you shall reap where you sowed.
Thanks for your feedback