Over the course of years I found that making money is actually the easy part, keeping it is the hard part. To make money, all you need to do is to show up at your work space and do what you are trained or born to do. Some make a lot of money, most make just a little money. But once you receive it, the hard part starts. There are bills and taxes to pay, loans to pay off, kids to raise, and then disaster strikes and inflation hits.
Critics ranging from Vladimir Ilyich Ulyanov a.k.a. Lenin (Communist) and John Maynard Keynes (Social Liberalist) to Murray Newton Rothbard (Libertarian and Anarcho-Capitalist) have been unanimous in their view that inflation is the stealth destroyer of savings, capital, and economic growth. Inflation, which is the result of fractional-reserve banking and the large-scale printing of money by central banks, often begins imperceptibly and gains a foothold before it is recognized. This lag in comprehension, important to central banks, is called 'money illusion', a phrase that refers to a perception that real wealth is being created, so that consumer confidence is aroused. Only later is it discovered that bankers and astute investors captured the wealth, governments refinanced cheaply, and everyday citizens are left with devalued savings, pensions, and life insurance.
To get out of the rat race, there is only one thing you can do: make money work for you, so you no longer need to work for money. But in order to become a successful investor, you need to learn to mitigate the uncertainties and risks involved. That's where the support from wealth coaches such as Robert Kiyosaki and Kevin Green came in for me. They have put me on the path to financial independence, for which I am forever grateful. I am always looking to invest in the following asset classes:
Business Start-ups & Scale-ups
I invest in startups and scale-ups via Prama Investments. At Prama Investments, our mission is to create a world of abundance, by leveraging exponential technologies. Abundance is all about creating a world of possibility: a world where everyone’s days are spent dreaming and doing, not scrapping and scraping. This means a world where food, water, shelter, energy, education, communication, information, freedom and health will be a commodity to everyone. These items are not scarce to begin with; they are merely inaccessible because we either lack the technology or the will to meet demand and make them affordable for all.
That is why we invest in startups and scale-ups in exponential technology sectors, such as web-based platforms, e-learning, infinite computing, sensors and networks, 3-D printing, nanomaterials and nanotechnology, artificial intelligence, robotics, water and sanitation, genetics and synthetic biology.
Via Taonga Investments my wife and I aim to buy and let residential properties in the UK, US, EU, and New Zealand. It is our primary focus to relieve motivated sellers, for whom their mortgage has become a millstone around the neck, from their property. Our secondary focus is on renovating worn out houses so that they can be returned to the market, as well as converting abandoned office buildings to apartment complexes. This way we resolve shortages of living quarters in places where the demand for housing significantly exceeds supply while raising the quality of life in these neighbourhoods. We also like investing in real estate because it provides us with cash flow (income from rent) from our tenants as well as capital gains when properties increase in value. On top of that, some countries provide significant tax benefits to real estate investors.
Via Koloa Investments my wife and I look for trading and investing opportunities in precious metals, such as gold and silver. Although physical holding of metals provide little cash flow, they can be used as collateral for a loan to start new business ventures. And as they increase in value, they ensure significant capital gain. Rather than storing wealth on a bank account, where it decreases in value due to taxes and inflation, I prefer to store excess cash in this manner.
Art & Antiques
Via Adelante Investments my wife and I aim to invests in fine art and antiques. The focus is on Dutch and Flemish Golden Age drawings and paintings. Another special interest is in Japanese swords from the 14th, 15th and 16th century. Art and antiques should be preserved for future generations, increase in value, and, by renting them out, may provide a steady cash flow.