Leveraging on successful businesses?

Many businesses are successful during this pandemic period especially those companies related to technology, e-commerce, social media platforms, artificial intelligent, health care and vaccine related companies.

Are we able to leverage on them? Yes, we can easily leverage on them by buying their shares. When holding the shares of these companies, we are part of their shareholders. We get profits through income distribution when their businesses are growing. We also enjoy the capital gain of their share prices when the stock prices are hiking up.

Many might ask, some of the share prices are too expensive. I cannot afford to buy. For example, Tesla company share price is now USD 600 / share, which is RM2400 per share. Amazon share price is now USD 3100, which is RM 12,000 / share. The entry price will pose some difficulty for people who are just starting out to invest. However, one can choose to invest in unit trust with all the company shares. For example, investing in the mutual fund with Technology theme. The required starting capital is only RM 1,000. While investing in the Technology Fund, one gets to leverage on these successful businesses like Amazon, Facebook, Apple, Visa, etc.

In order to realize the millionaire plan, everyone needs to invest (leverage on successful businesses) or venture into businesses. Which one is easier?

Investment requires lesser effort than venturing into a business. You can still do both and work on the business that you are passionate on. Don’t work hard for money but let your money work hard for you.

If you are starting out on investment and require advise and help. Feel free to connect with me.

************************************************************************

You can receive constant broadcast message relating to wealth creation to financial freedom through Telegram. Click here to subscribe to the telegram for the weekly newsletter.