By Dan Jones”My parents were really wealthy.
They’d get a $100,000 life insurance policy and they’d buy a million shares of a stock.
They had a couple of million shares in the firm.”
That’s not the kind of life you can achieve by working at a restaurant.
The same goes for many other rich people.
“The biggest mistake people make when they invest is that they think they’re rich because they’ve got that life insurance,” says Mr Jones.
“If they’re not, they’ve just bought a house with the money they’ve made in their business.”
The problem with that is it’s not a long-term investment.
If you invest in your business for a year or two and you don’t make any money, you’ve wasted your money.
In some cases, you may have to sell it to pay off your debt.
“A big mistake is not to have a diversified portfolio of assets that are diversified in all kinds of ways.
If you invest all your money in a small company, you’ll be left with a lot of debt.
You can’t afford to invest that money in something like the UK stock market or US stocks.
I think the best investment is a life insurance company.
Investing in a life insurer means you’re diversifying your risk.”
You can build up a portfolio of all your assets, and you can then sell those assets when they’re overvalued.
Life insurance is a very, very important investment.
“Mr Jones, the founder of the online investment company BlackRock, said it is not enough to just be a millionaire.
It is necessary to be financially independent, to have some degree of savings, to take risks and to invest in diversified funds.”
I believe it’s absolutely necessary to have money in the bank,” he says.”
That money can be used to build a diversification of assets in the way that is most effective for you.
There are some people who are wealthy by choice.
They choose to be wealthy by circumstance.
But it’s also possible to be rich by choice and have a very healthy financial position.
“Investors in the UK and US have seen their share prices soar as fears about global economic turmoil have been alleviated.
BlackRock’s founder and CEO, John Paulson, recently said the economy was better than it had been in years, and said the world could go on for a long time.
While his views are not universal, Mr Paulson has also said it would be better to leave the world to the markets, not the central bankers.
As the global economy recovers, there is little doubt the world will be more diversified over the coming years.
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