Ever wondered where the rich take their money? Find out in today’s video.
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(00:30) Private and commercial real estate
(1:44) Cash and Cash Equivalents
(2:43) Luxury goods, such as rare whisky, wine, and handbags
(3:52) Gold or Silver
(5:28) Artwork (Fine art)
(6:18) Private credit
(6:58) Speculative (Cryptocurrency)
(7:35) Rare or Vintage Cars
(9:13) Public companies (Stocks)
(9:48) Private equity and hedge fund
(10:53) Alternative investments
Watch more Practical Wisdom!
10 Legit Ways To Make Money And Passive Income Online – https://www.youtube.com/watch?v=EAj0ZsYcHkQ
10 Reasons Why You Will Never Be Rich – https://www.youtube.com/watch?v=1dmcMqF2xjk&t=8s
8 Things The Middle Class Thinks Are Assets But Are Not – https://www.youtube.com/watch?v=JkdpOpvfh3g&t=462s
12 Money Goals You Must Achieve Before 40 – https://www.youtube.com/watch?v=kQqnwKONFwQ
25 Great Advice People Never Listen – https://www.youtube.com/watch?v=LfeiOwXoZeI
13 Hacks To Save Money Fast – https://www.youtube.com/watch?v=rWJtYIC88yo
Practical Wisdom – Interesting Ideas
DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
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