While countless individuals are spending weeks, months, and even years of their lives throwing money into investment portfolios, you can’t help but be confused. On the one hand these individuals have given away years of their lives while they are working in order to accumulated significant amounts of wealth. Then these same individuals have invested countless sums of money into portfolios so that they may one day have even more money to use or retire on. That being said, the biggest confusion among all of this is why in the world individuals with such forward planning are simply throwing their money into investments that they don’t even understand or that have far too much risk.
The point of investing in general does make a lot of sense when you think about it from a top down approach. You have to be comfortable with the specifics of investing your income and then also reinvesting payouts and dividends. The wealth starts to grow exponentially and out of nowhere a small amount of money can grow to be a rather large amount in a short period of time.
However, while many people are still stuck on the overall point of investing which is just more theoretical and academic in nature, you also have to be comfortable with the types of investments you are investing in. After all, if you are going to be putting significant amounts of money away into something with significant risk, you aren’t really doing much more than putting all of your money into lottery tickets or throwing it all down on a casino table in the form of a true gamble. In short, you don’t want to take such large risks on your life savings and retirement.
Instead of playing a game of such risk and not just throwing all of your money to the wind, why wouldn’t you want to invest in something that you truly do know and can believe in? That is the exact strategy of the billionaire George Soros. He continues to point to gold as one of the top investments not just for the appeal that gold continues to have over time, but also for the fact that gold has more use than just as a currency. Gold truly is an asset and in good times and bad people continue to flock to it. If you are considering the George Soros strategy of wealth, look to the US Money Reserve today.
Source: US Money Reserve Podcast