What to invest in to become rich?

Want to get rich? Or in any case, do you want to no longer be 100% dependent on your salary and your boss? As I understand you ! But to achieve this, know that there are not 36 solutions: you have to invest.

Invest well. It’s easy to say. It is a little less to do, but I am convinced that it is within everyone’s reach. But before launching and laying the first brick of its financial independence, a question arises: in what to invest?

What to invest in to become rich?

Of course, if you are asked the question in what to invest, many of you will probably mention real estate. It is a safe bet, which has the nice advantage of being tangible and concrete . Unlike other types of investments, which could almost be called virtual.

Although not all real estate investments are tangible, but we will come back to this…

So what should you invest in when getting into real estate? The main product is obviously the apartment. Of any size, even if we tend to prefer small studio or T1-type surfaces when embarking on rental investment.

After all, if everyone is doing it, it must be interesting, right? 🙂

This is unfortunately not always the case and the best deals in the field are sometimes to be found in more atypical and less conventional properties

For example, have you ever thought about buying a garage? Or a car park? Does that sound crazy to you? Believe it or not, you should pay more attention to the subject, because some people have been (very, very) successful in the industry. This is particularly the case of Julien, whose site I invite you to discover here. It’s full of information, full of examples and full of feedback.

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Another interesting lead, on the exact opposite: why aim small when you can think big? What to invest in this case? In a building of report, quite simply! 🙂 It’s not a joke, it’s far from being as inaccessible as we want to believe and it allows you to find gross returns close to 10% . This is the case with the apartment building which I acquired a little over a year ago and I am very satisfied with it. Some will tell you that investing in an apartment building is a bad idea, but believe me, it’s worth it!

You would like to invest in real estate, but manage tenants…:

After having crossed out the useless mentions 🙂, know that there is a solution to answer your problem. It is a question of investing in an SCPI, more commonly known as stone-paper. To put it simply, let’s say that it is simply a question of buying the shares of a Société Civile de Placement Immobilier ( which gives SCPI, it is all the same well done… ), this one having a whole park real estate. It is she who manages everything, so you are content to regularly receive the equivalent of rent in proportion to your participation in this company. On average, an SCPI share can be traded between a few hundred to just over a thousand euros, to give an order of magnitude. For more details, Xiaomi’s blog talks about it in a simple and accessible way in his article dedicated to the subject.

It is a summary, but it rather gives a good first vision of what an SCPI is.

What to invest in to become rich?

In short, you have understood that there is no one and only answer to the question “ What to invest in when you want to get into real estate? “. These are only a few tracks among many others. The best profitability is often in investments different from those of Monsieur Tout Le Monde. Why not invest in a reception room for example? Guillaume talks about it on his site, which is a real mine of information on real estate elsewhere.

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The stock market, a vast subject in which my expertise is far from being as seasoned as in real estate. But once again, you will discover that there is not just one way to invest in the stock market , quite the contrary.

I will not dwell on the subject for fear of talking nonsense, but especially because some talk about it much better than me on the French-speaking web. But the few points presented here should be able to give you a first orientation for your research on the subject.

At least if you want to get started in the field, of course.

When we hear about the stock market, we all think of the famous stock market prices that go up and down due to different factors that are sometimes (often?) difficult to grasp for ordinary mortals.

That was the vision I had some time ago. I thought that to make money on the stock market, the only way to operate was to buy the shares of a company as cheaply as possible and then resell them as expensively as possible . Quite simply. In short, it is like a purchase/resale transaction for real estate.

My vision is, I grant you, a little naive and simplistic, but it is indeed one of the answers to the question in what to invest when starting out in the industry. Fortunately (or not..), this is not the only way to proceed!

First of all, you don’t have to invest in a company. For example, you can get started by starting with a tracker. But what is it then? For more details, I invite you to (re)read the very complete article on trackers written by David from the blog Being a Fox. But if you’re too lazy (not too lazy!) to click on this link, let’s say that a tracker is a fund that follows the fluctuations of a stock market index , such as the CAC40 for example. Ideal for getting started in the field when you are a complete novice, with the significant advantage of being able to diversify your stock market portfolio from €1,000 invested.

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What to invest in to become rich?

Another point, any capital gains on a purchase/resale of shares is not the only way to make money with the stock market. Because some companies pay what are commonly called dividends to their shareholders.

What you will become if you invest in the stock market 🙂 .

In concrete terms, depending on various criteria and the results of the listed company in which you have invested, you will receive dividends once or twice a year. Without doing anything. It’s pretty cool, isn’t it? Olivier talks about it very well, especially in his last article on the subject presenting his dividends for the year 2015.

That’s it, you have your answer to the question in what to invest. It will be the stock market. But one last thing before moving on to the next topic. Know that there is not only one way to invest in the stock market. Although the best-known vehicle is undoubtedly the securities account, this is not the only option available to you. The PEA, for Plan d’Epargne en Actions, is an interesting way to get started. Under certain conditions, the PEA indeed allows a tax exemption on recorded capital gains . Along the same lines, you can ultimately invest through your life insurance. It suffices, instead of classic monetary and similar funds, to target Units of Account.

In short, there is no shortage of choice!

In general, if you want to get into the stock market and you are a complete novice, find out and train yourself a minimum. For example, Michel offers a page dedicated to beginners, which will help guide you in your choices and in your first steps.

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And yes ! We are on the internet, a great tool to make yourself known, but also to launch your business at costs that are often much more accessible than a more traditional “hard” business . The Internet is therefore an excellent answer to the question what to invest your money in to earn more tomorrow.

First track: invest in a blog. It seems silly said like that. But it’s a great way to combine passion and investment. So you can earn money writing about what interests or excites you. And what’s more, you can work from anywhere, as long as you have an internet connection.

Pretty cool, right?

Somehow, that’s what I’m doing with the blog you’re reading. Even if I haven’t really tried to monetize it, it still brings me a few tens of euros per month. It’s always taken. Some bloggers thus live off their site and receive more significant sums in this way.

What to invest in to become rich?

Do you have the commercial fiber (commercial?)? So why not set up your online store and start selling your products?

You find the idea good but you are afraid of having to manage the logistics, the stocks, the regular visit to the post office…? Again, a solution exists. Do you know dropshipping? In a few words, it’s about selling on your site products stocked and shipped directly by the suppliers you work with. No more stock problems, no more time spent in La Poste queues,… Of course, you will have to find the right partners to get started. But we get nothing for nothing, right? If you’re looking for a bit more information on the subject, Buziness24’s dropshipping article is a great introduction.

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Finally, do not hesitate to embark on the creation of a niche site. A what ? In a few sentences, the principle is to launch a site in a very targeted area, what is called a niche . It is thus easier to obtain an interesting number of visitors, because the competition to position oneself well in the search results is much lower. Then, we monetize everything with a little advertising and/or affiliation (the Amazon affiliation is one of the easiest to set up, but it is far from being the only one). That’s it !

On the blog, I have been regularly talking about niche sites for several months. For what ? Because I launched my first at the end of last year. After investing in real estate in 2014, this is my answer to the question ” What to invest in in 2015?” “. Barely a few months later, it brings me over 100€. Every month. Without doing anything. I talk about it here, there or even there 🙂 .

A nice passive income that I would like to multiply, but that’s another story…

Besides, I’m not the only one to have tried the adventure, far from it. Nicolas has won several thousand euros this way. Kevin has made it his main activity.

As we have just seen, there is no shortage of investment leads. And yet, the article is far from exhaustive! So what to invest in? Let’s say that it depends on each person, on their attraction to a particular field or their fears on another subject. But there is bound to be an investment that is right for you. Or maybe several.

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To conclude, and even if the sentence is a bit cliché, keep in mind that your best investment is you . What to invest in? Invest in yourself, invest in training. But above all, get started and stop being afraid. Because the earlier you invest, the sooner you will reap the fruits of your labour.

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