Absolute BEST Investment

79 Replies

@Shiloh Lundahl  I will have to agree with @Josh E. on this response. Most colleges, in this country at least, only teach you how to be an employee. They are breeding shops to create employees (bodies) to fill roles in big corporations and the government. They teach you how to be a good little minion, but not to think for yourself, create or build anything. Is it really any surprise as to why most new graduates of these institutions prefer socialism to capitalism?

I learned the most about business and investing from one of Kiyosaki's other books that Josh did not mention called Cashflow Quadrant. I would buy that book and read it if you haven't already. 

If you want to pay an institution to teach you how to be a good little minion working for somebody else and owning nothing when you graduate, then you can go to a college. For some folks at age 18, it might be the best option at that time, others it may not. What I am saying is that it is not a necessary prerequisite to becoming a business owner and/or investor therefore it is definitely not the best investment one could make in life. 

"People who cannot control their own cashflow work for those who can." 

Originally posted by @Kyle M. :

@Shiloh Lundahl  I will have to agree with @Josh E. on this response. Most colleges, in this country at least, only teach you how to be an employee. They are breeding shops to create employees (bodies) to fill roles in big corporations and the government. They teach you how to be a good little minion, but not to think for yourself, create or build anything. Is it really any surprise as to why most new graduates of these institutions prefer socialism to capitalism?

I learned the most about business and investing from one of Kiyosaki's other books that Josh did not mention called Cashflow Quadrant. I would buy that book and read it if you haven't already. 

If you want to pay an institution to teach you how to be a good little minion working for somebody else and owning nothing when you graduate, then you can go to a college. For some folks at age 18, it might be the best option at that time, others it may not. What I am saying is that it is not a necessary prerequisite to becoming a business owner and/or investor therefore it is definitely not the best investment one could make in life. 

"People who cannot control their own cashflow work for those who can." 

 It's borderline criminal what the government does to push college and student loans onto young adults when they get out of high school. Now we have these ridiculous calls from our government officials for "free college for all!" It's great for the government and corporations. 4 more years for the government to brainwash young people, and corporations keep a steady stream of minions with hundreds of thousands of dollars in student loan debt to ensure they remain in the corporate system for the next 30 years.

Nobody questions this system. We need to incentivize young people to explore alternatives outside of the traditional college route. 

It all depends on your decisions when you do any of the 4 things.  College just typically has better overall options that don't end up poorly, lol.  Going to a state school and getting an engineering degree will lead to a good income and low debt, but going to a private school with a low paying degree will result in high debt and low income.

The one thing about degrees like electricians is that they all scale really well if you're a hard worker.  You can literally make yourself more successful by working harder and smarter than everyone else.

That doesn't really apply to a lot of college degrees.  College degrees will get you good benefits and a good job at a corporation, but no matter how good you are compared to everyone else there's going to be very little financial difference.

I personally think that the trade schools currently have the best ROI now that college costs have gotten out of hand. Most of the those people are in short supply, electricians, plumbers, etc can make really good money if they're hard working.

That's really what determines whether the investment is worthwhile anyways, work ethic.  Work ethic is the multiplier of the investment you've made in yourself.  Doesn't matter the investment, whether it's college, books, etc, if you learn skills which are in demand and are able to provide them, you're going to be successful.

The funny thing about the poll is that if you drew a line on a graph that indicated 'success', the college grad band would all be banded closely around it.  The tradesman would have a much wider band, where people either make a lot less than college or way more, depending on how hard they work.  Real estate would be even more spread out, and the stock market would have the highest spread...if you picked a stock like Amazon or Apple 15 years ago, it would have easily destroyed any other investment.  Of course, if you picked Sears it would have been the worst investment.  :)

So the idea is goin to college and getting a job for 40 plus years to make a million more then(or than....which is it) a HS graduate.

So 25k a year. Sweet.

Is that 400 a week or 500? That’s awesome.

How many hours bc if it’s 40 I’m looking at 10 bucks and hour more. But if 50 I’m down to $10. And if it’s 400 a week and I’m doing 50 hours that’s $8 bucks and hour. Unless the boss is looking for a promotion. Then maybe I’m doing 8-8 a few days a week. Saturday’s a few times a month?

Maybe invest in some real estate instead.

Originally posted by @Shiloh Lundahl :

While teaching a class on parenting the other day, the subject of teaching your kids about money and investing came up. I posed to the group the question, “Which Investment gives you the best return?”

1. Stock Market (stocks, bonds,options, etc.)

2. Real Estate

3. Schooling at college or at a university

4. Leadership Training and personal and professional development

Now, to know the real answer would be very difficult to research because of all the differences that exist between Investment types and all of the differences that exist within each type, however, I would like to pose this question to you in terms of your opinion. In your opinion, which of the 4 investment categories above gives the best ROÍ and why do you think that?

It's not only about ROI - it's about who is making these money and what you do with your life.

College degree (as a part of personal and professional development) doesn't let you enjoy your life before retirement: you exchange your time for the money, working at any job.

Don't take me wrong: I'm totally pro education - I have two bachelors degrees and more, however, that's not pay my bills.

Real estate and stock market could be working when you're not, andby itself, it's the best ROI, because it takes minimum your time and on your own schedule, while working (for yourself or a company) doesn't let you do it.

About developing leadership skills: it might hard to believe but not everyone wants to be a boss, or even hire people. Some people are much better off being just these passive investors and enjoying their lives. Yes, they have to do something before they can enjoy financial freedom, especially if they are from poor families. 

Education ad it is now - a trap. You pay tons of money, getting in debt, it keeps you the hook forever because you can't file bankruptcy on student debts. That problem is brewing into another huge recession: it's already hard to get mortgage with student debts and it's only getting worse.

Bottom line: the best ROI is investing in myself, my own future financial freedom - passive real estate income and health.

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