The Black Fund disagrees with the belief that “you should be earning this much salary to have a secure, brighter future/retirement ahead of you”. No, they know that each and every individual on the planet earth has been dealing with each of their own unique circumstances in their daily lives, that’s why an individual cannot have the same financial disposition as everyone else, never. You can learn more about them in my review below.
NEXT: Compare This to Being an Investment Expert
Investing in today’s generation has been a staple to any person who wanted to earn some fast cash, may it be on stock or crypto market, even if it’s just a little but it comes with proper study and research of the subject matter. There is what they call 1-day trading, and some are even doing hourly trading in the matter. Those are what experts do, and are not for an average person like us.
You even probably heard of the term “buy the dip”, but there’s both a right and a wrong way of doing it. Most of the market right now is experiencing the “bear” season, meaning all of their values are going down. You might probably think that it’s the time to just buy anything since it’s cheaper than when they started, but that’s one of the terrible mistakes people make during these times. Another mistake that most new investors make is the thing that they call Speculative Investing.
It’s not because a friend or a coworker told you that he earned money when he invested in this company, it doesn’t mean that you will be having the same profit as he did when you invested in it. The most important thing to do when you want to invest is to do a research of the companies in the market right now, and see those who are most reputable and consistent because they’re the companies who will bounce back stronger than the less reputable ones.
Studies show that almost 90% of the millionaires around the globe got their riches investing in real estate and in stock markets. Well, that should already have given you an idea where you should be investing. And even if you don’t have that much money earned in your 9-5 job doesn’t mean that you shouldn’t invest. Making a side hustle is an option too but they have broken down how a person should be doing with their paychecks.
20% of that paycheck should go towards savings and investing. The majority, which is 60%, should focus on your living expenses including rental and mortgage fees, transport fees and most importantly food because how can you enjoy a rich life if you have poor health. The remaining 20% should be used for recreational purposes, travel, subscriptions, hobbies, anything you want. That way, you won’t get choked up with the responsibilities of being an adult. Live your life, but wisely.
Over the years of investing into different financial markets and experiencing the ups and downs of all of them, The Black Fund investment experts realized a very important concept: financial planning should be extremely personalized. They’re the ones who will assess your current financial situation so that they will be able to come up with ideas that best help you with your situation. By doing so, it can help investors achieve their goals more efficiently.
There are a lot of factors that influence an individual’s financial situation and personalization requires a thorough understanding of each factor. The Black Fund peeps have seen too many different facets and personal financial situations that qualify them to help their clients achieve their personal goals in life efficiently and successfully. “Financial planning shouldn’t be reserved for the rich, it should be accessible to anyone”, says in their website.
I know spending money on material things that you love makes you happy, but that’s just short term happiness. You can always buy them in the future after you financially secure your life. Just like I said earlier, not just a friend but most of the people we know and know investing and stuff are always telling you that you need to invest in this and that, etc. But the most important thing right now is to invest in yourself. After you’re sure that you’ve done that, maybe you can give TheBlackFund.co a call and see if they’ll be of any help for you and for your future.
