Action Academy | Replace The Job You Hate With A Life You Love What To Invest In If You Have $10k - $50k - or $100k+ Cash (Asset Classes + Strategies)
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Apr 4, 2025 Explore savvy investment strategies tailored for various capital levels, from $10,000 to $100,000. Discover the pros and cons of real estate versus quick-return small business ventures. Learn about the importance of partnerships and mentorship in navigating the investment landscape. Gain insights on how personal traits and long-term goals can affect your investment choices. Plus, find a valuable assessment tool to help identify the right path for your financial journey!
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Focus on Saving Initially
- If you have less than $10,000, focus on saving, not investing.
- Read "Total Money Makeover" by Dave Ramsey and build an emergency fund.
Invest in Education and Skills
- With $10,000-$40,000, prioritize building a $10,000 emergency fund.
- Invest the rest in education and skill development, not directly into assets.
Avoid Being an LP Initially
- Avoid being a Limited Partner (LP) if your goal is financial freedom with $50,000.
- LPs are better suited for high-income earners seeking passive income.
