Greetings fellow EliteTraders, I am currently a university student (UofT) and the world of economics/business has caught my attention, which I think may be for the better. I do come from the high end of a middle class family and grateful for a father who supports me financially. I am looking for advice; preferably routes to maximize returns from a capital. What I have come across so far is as follows: DayTrading, CryptoCurrencyTrading, RealEstate investment/flipping, Arbitrage, Start a business, Pursue Entrepreneurship. I will really appreciate advice in any shape or form for a student who aspires to be in the top 1%! Kind Regards, MoneyKing
If you want to be a merchant buy low sell high If you want a job get a job If you want to make money become a salesman If you want power become a salesman
Put min down and buy rental houses 3 bedroom, 1.5 baths, one car garages in middle to low middle income neighborhoods, buy 1-4 houses each year, don't flip them, let tenants pay them off. It takes too long to learn to day trade or for that matter trading in general. Start a business is very good, services so you don't have to have inventory. Become the salesman of your own company. You don't have to be in top 1% to be wealthy and have time for more fun. You only need so much money for a lifetime, find ways to be able to enjoy life and keep healthy. Read books on how billionaires made it and copy them.
It's a long road of self-discovery. There really is no right or wrong answer. People are complex different beings. Don't copy or pattern yourself to anyone or any specific route. Life has many twists, if you're the kind of unconventional person who just doesn't want to get a traditional 9-5 job, and retire in 40 years.
https://en.wikipedia.org/wiki/August_Landmesser " A figure identified as August Landmesser is featured in a photograph taken on 13 June 1936, published on 22 March 1991 in Die Zeit. It shows a large gathering of workers at the Blohm + Voss shipyard in Hamburg, for the launching of the navy training ship Horst Wessel. Almost everyone in the image has raised his arm in the Nazi salute, with the most obvious exception of a man toward the back of the crowd, who grimly stands with his arms crossed over his chest. Several others have also refrained from saluting, but are not so obviously defiant. Whether the depicted man is Landmesser is not known with certainty. "
That's funny. Not at all what I meant but even funnier. I was referring to the message, like no one else seems to notice the obvious, which isn't so obvious, I guess.