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- Here's Where the Rich Are Stashing Their Cash
Here's Where the Rich Are Stashing Their Cash
Assets that Millionaires and Billionaires Invest In
Assets That Make Up the Rich
Ever wanted to know where the top millionaires and billionaires are stashing their cash?
Net Worth
Someone’s net worth is the gauge of someone's wealth. Its the sum of the assets someone ones minus all there liabilities, and can be made up of many different type of assets.
Primary Residence
Your primary residence is going to be one of, if not the biggest purchases in your life and for those individuals that’s net worth is below 1 million makes up the majority of there portfolio.
Vehicle
This is also is one of the biggest categories tying up the lowest tier individuals net worth, your vehicle at the end of the day is a liability and other than getting you from a to b is not going to produce any income and is why you don’t see the millionaires and billionaires spending there money in this category
Tip #1
Never let your money sit, Inflation devalues your dollar by 3.7% every year.
Stocks
This category grows as you go up the list for a reason. Stocks provide a great ROI on your money, and billionaires hold a significant amount in there portfolio as their focused on maxing the return on their money.
Business
Businesses can provide the highest return out of all investments and why we see the ultra wealthy invest most of there funds In this category. This is why it’s crucial for those that want to escape a 9-5 to pick a business model they like and start pursing as soon as possible. Subscribe to learn the different ways to learn different ideas, strategies, and paths these millionaires and billionaires use to multiply their wealth.