The Best Ways to Invest £5000
Mark My Words Podcast - Podcast autorstwa Mark Homer - Czwartki
Getting into investing can be hard, but with the advice from Progressive Property Co-founders Mark Homer and Rob Moore, it just got a lot easier! Mark and Rob discuss how to perfectly invest £5,000 which an array of investment opportunities and tactics for every entrepreneur to level up their investment strategy. If you’re looking to make a good return on your capital and invest in something you love, this episode is for you. WATCH ON YOUTUBE How to Perfectly Invest £5,000 | The Best Stocks | Property | Gold & Classic Cars SUBSCRIBE TO THE SERIES Watch Live On The Progressive Property YouTube Channel Every Monday At7PM Tiny.cc/PPTV Listen To Audio Recordings On The Money Podcast bit.ly/moneypodcastitunes KEY TAKEAWAYS When you are investing, you have to first decide whether you want to use your time in that investment which is called active, or whether you don’t want to use your time in an investment which is called passive. £5,000, is a relatively small sum to begin investing so for the highest return it would serve you to invest in a business, invest your time and invest the bulk of your finances in marketing to drive increased sales. If your passion is to invest in property if may be wise to continue to save until you can move into property investment full time and be smart with your finances by securing loans and JV finance to turn your initial investment into much more. You could also invest it in stock marketing or ISO, but this is passive and it would take longer to generate a huge amount of money. This would be a slower investment and return overtime but can yield impressive results. Training and education businesses are a very good investment because you only need to have the internet and a good phone to record yourself. You only need to know something to teach and a paying audience will listen. Classic watches and cars can generate huge returns if you purchase them at the right price, but it would be more beneficial to invest in a business to generate you the type of passive income you need to invest in wealth-generating assets. Cryptocurrency is a newer market that can give you a very high return when the price and market cap go up. BEST MOMENTS "I would invest it in marketing to generate leads to clients resulting in sales." “Nothing is truly passive; you have to work hard for you not to work hard.” “It is important to preserve capital and have contingency cash.” “Cash protects you in terms of your monthly bills, liquidity and also pay your debts.” “Invest in something that you love doing.” VALUABLE RESOURCES https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/ ABOUT THE HOST Mark Homer is an entrepreneur investor. He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, and co-authoring the UK’s best-selling property books. Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined. CONTACT METHOD Email: [email protected] LinkedIn: https://www.linkedin.com/in/markhomer1 Facebook: https://www.facebook.com/markprogressive Twitter: https://twitter.com/markprogressive ‘Brought to you by Progressive Media’: https://progressivemedia.uk/