One of the mistakes people do is that they invest in liability platforms instead of an asset platforms and when I mean liability, I mean something that keeps on taking money out of your pocket and whenever I talk about asset I mean something that brings in money to your pocket.
People always mistake an asset investment platform with a liability investment platform, which is as a result of not knowing how to read the financial statement of any business.
The easiest and the most important thing you’ll ever learn in this year is how to read the financial statement of any business, if you can learn it, then you’ll have the real eye of an investor.
There are some certain things you should cut off from this year, which include the get rich quick money platforms which has been breaking your heart for many years and which will still break your heart if you don’t learn now.
From my knowledge, an investment is like a vehicle that will take you to your next financial destination, so choosing a good vehicle determines your success and that is where the big question comes in, which is how do I choose a good investment vehicle.
My friend Tony started a business this year, he bought a shop within a plaza where he sells his product, I just told you about Tony’s business but in your eyes it’s just a single business but in an investor eyes it’s a double business, just read below let me show you his second business.
Mr. Tony sells his product in the shop which gives him money daily and that is the first business, Mr. Tony also owns the shop which is an asset to him in Real estate, in my own perspective I see a good investment with an asset.
Watch out for my post where I will show you how to read the financial statement of any business and if you find this post useful comment below