Hey friend,
I worked with a lot of millionaires.
In fact, I advised over 453 millionaires.
After spending 7 years working with these millionaires, I know what made them wealthy.
Want to know the secret?
They always invest their money.
Let me explain:
When millionaires get paid, they don’t spend it all on designer clothes.
No.
Millionaires know they need to make their money work for them.
So when they get paid, they immediately invest their money.
But what do millionaires invest their money in?
Let’s take a look 👇
Source: Visual Capitalist
As you can see, millionaires invest in many different assets.
To organize this information, I’ll break down each investment below.
And show you how to invest like a millionaire.
Let’s dive in.
1. Real Estate
Real estate investments have the largest share across assets.
Why do millionaires invest in real estate?
Because real estate can provide:
- Tax advantages
- Passive income from rent
- Profits from property appreciation
Real estate is an excellent strategy to build wealth over time.
But remember, real estate is illiquid and a long-term investment.
Best investing platforms for:
- REITs: Fundrise
- Rental homes: Arrived
- Funding projects: Groundfloor
2. Stocks
Investing in stocks is a proven way to build wealth.
That’s why the majority of millionaires invest in stocks.
Other benefits of investing in stocks include:
- High returns
- Protection against inflation
- Passive income from dividends
But stocks can be volatile, so remember to do your research before you invest.
Best investing platforms for:
- Finding top stocks: Seeking Alpha
- Investing in stocks: Robinhood
3. Bonds
Millionaires invest in bonds because they are a low-risk investment.
If you buy a bond, you’re basically acting as the bank:
- You’re paid an interest rate
- You’re repaid the original loan you gave
- You’re paid until the maturity of your bond (aka the end of your contract)
Bonds can also provide diversification, tax advantages, and portfolio stability.
But beware of “junk” bonds that offer high-interest rates for higher returns (and much higher risk).
Best investing platforms for:
- Finding top bonds: Seeking Alpha
- Investing in bond ETFs: Robinhood
4. Private Equity
Being a private equity investor can earn you massive returns.
What is a private equity investor?
Someone who provides capital to private companies.
Private equity investing can also provide:
- Diversification
- Exclusive opportunities
- Early access to emerging sectors
The downsides of private equity investments are the high fees and high risk.
But it could be for you if you want to invest in future unicorns.
Best investing platform for:
- Private equity: Yieldstreet
5. Investments of Passion
Investments of passion include many luxury items.
For example:
- Art
- Wine
- Watches
- Classic cars
And many more.
Why do millionaires invest in luxury items?
Because they can provide diversification and higher returns than the stock market.
And, investors are putting their money into their passions (like art, wine, etc.).
In other words, investments of passion are like investing in fun!
But beware that these types of investments are long-term and illiquid.
Best investing platforms for:
- Art: Masterworks
- Wine: Vinovest
6. Gold
Gold prices typically rise during volatile times.
So millionaires invest in gold to hedge against inflation and uncertainty.
Other benefits of buying gold include:
- Liquidity
- Store of value
- Diversification
But gold can come with its own downsides, like storage costs, fees, and price volatility.
Best investing platforms for:
- Gold: OneGold
7. Crypto
It’s no secret that crypto investors can get significant returns.
Especially for those who buy before their investment gains serious traction.
In fact, there are over 88,200 crypto millionaires worldwide (probably more, now).
With half of those crypto millionaires holding their fortunes in Bitcoin.
Other benefits of crypto investing include:
- Decentralization
- Ownership and control
- 24/7 market accessibility
But beware of scams, volatility, and fees, and always do your research before you invest.
Best investing platforms for:
- Crypto: Kraken
Closing Thoughts
If you want to win:
- Invest early
- Invest often
Investing has the power to change your life.
Start today.
Your bank account will thank me later.
That’s all for now!
Your friend,
Fiona
PS: When you’re ready, here’s how I can help you…
• Check out my available programs
• Join the Modern Wealth newsletter (100% free)
