There are many was to invest that has nothing to do with stocks and bonds and financial products. In five part series the "Five Rings of Investing," I'll introduce you to a few of the most popular ways to invest. The first ring is investing in "yourself". The return on this investment can be endless and can develop over a lifetime of events.
Going to an established, accredited educational institution to obtain a degree is a great way to invest in learning new concepts and develop valuable skills. However, it is not the only way to expand your knowledge or skills. Many have already done the formal education and want to continue development. Others have found that formal education is not the road to travel for them. There are continuing education programs, online trainings via webinars (many are free!), local events in your town that are great resources. Obtaining training to become certified or licensed in various fields are other options in many fields. There may be some formal training to complete through self study or other requirements that may be met before sitting for the test.
For the even more casual learner, many will opt to follow certain platforms within social media, magazines or books for those who enjoy some popular titles, authors or publications.
Have you considered starting your own business? Those who have taken their experience and training to the next level are branching out on their own. This has become one of the most up rising trends with all the changes in corporate America. Many individuals are starting up their own services, product launches and even taking hobbies to share their talents with the world. So if you want to sell Avon, build websites, become an Affiliate marketer or even start a Warren Buffet company, the sky is the limit if you have the desire to take that leap!
Next time, I will share "Ring 2 - Investing in Real Estate"!
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Enjoy your day!!