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You’ve already invested in yourself to increase your income potential, and your business is doing fine. What’s next?
As entrepreneurs, it’s natural to want to poor as much money as we possibly can back into our companies. Perhaps surprisingly however, this isn’t always the best option.
In the same way you’ve been told never to invest in one stock, it’s not always a wise choice to put 100% of your extra money back into your own company either. There is a lot of power in diversification. And while your own business is likely to generate the best returns, there’s a lot of value in investing elsewhere as well.
Rather than investing a lot of time and money learning how to pick stocks (only to make less money), I have one investment that is ideal for entrepreneurs, and really isn’t that complicated to get started.
That investment is called index funds / ETFs, and they offer plenty of benefits that you can’t get anywhere else.
In this article, I’m going to cover these benefits in detail, share my own personal portfolio, and explain how you can get started.