Smart investments: Make money with or without money

Sep 04, 2015The Editorial Staff

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We all know that smart investments maximize business gains at the lowest potential risk. Reliable data shows smart investments made Warren Buffet one of the wealthiest man on earth. In 2008, Forbes described him as the number one richest man on the list of the richest men in the world.

Entrepreneurs say he sees investment prospects in things that no one would ever imagine. Warren Buffet himself thinks he could succeed because he dared to think differently.

There are many others like him who have exceptional success pertaining to investments. One such person is Robert Kiyosaki. Below is a list of investment advice from the world’s renowned money makers.

Smart investments advice from Robert Kiyosaki

Smart investors make money from little or no resources. Robert Kiyosaki once shared a great story. He said smart investors don’t just work for money.

Instead, they know how to make money with innovative ideas. They recognize opportunity and know how to use it timely to make money.

Invest smartly and grow your wealth

Robert Kiyosaki used to work in a small store. He earned $0.30 per week. While working in the store, he noticed that the store owner separates old comic book covers in half and returns the rest to the distributor.

He made a request to the distributor if he could keep some of the out-going comic books. The distributor agreed with a condition not to resell them. Robert would keep the business deal and came up with another way of making money.

Learn investment techniques from great investors

He would store hundreds of such free comic books and rent them. He made $0.10 a day. That way, he had the privilege of making $9.40 a week, which was significantly better than the $0.30 a week he gets from the store.

So, the aim of smart investments shouldn’t be being wealthy; rather, it should be about being an excellent opportunist and making a smart use of an opportunity.

Smart investments advice from George Soros

According to George Soros, one of the chief characteristics of a wealthy investor is frugality. He suggests smart investors should invest in smart ideas and innovations. Smart investments are those passionate spending which are spent on good ideas.

Successful investors should live a frugal lifestyle, save money and put it aside to spend on a good idea when it arises.

Smart investments advice from Prince Alwaleed Bin Talal

Talal is a world-renowned investor from Saudi Arabia. He is the founder of the Kingdom Holding Company. He surprised the world by making bold and unconventional decisions during the great recession of 2009.

He had a 14.9 percent stake in Citigroup. His stock investments value declined and his real estate investments made in India lost a significant amount of value at the same time.

Surprisingly, when the entire world was selling out their part of shares and investments to avoid deep losses, Prince Alwaleed Bin Talal held on to his stocks for a longer period. His log-term and smart investment technique paid off in the long-term.

His smart investments advice for entrepreneurs is to make bulk investments of good quality portfolio in long-term assets. Long-term investment strategies will build a solid portfolio.

Warren Buffett, Benjamin Graham, Dave Ramsay, Robert Kiyosaki are some legendary names who understood the principles of smart investments. What they believe is that we don’t need money to be rich. We need to be an opportunist and find an idea to make money.

The Editorial Staff

The Editorial Staff at The Business Frontal is a team of writers dedicated to bringing seasoned news stories and how-to business articles to our readers and patrons to help maximize their entrepreneurial potentials.