The Stock Market May Crash Soon, but This Investment Will Make You a Millionaire No Matter What
If that is your ambition of course.
Still buoyed by the Fed's ultra-accommodative monetary policy, the stock market continues to be at record levels as the last quarter of 2021 begins.
The S&P 500 is above 4,300 points, while the Dow Jones is above 34,300 points.
A Tech bubble has formed in the stock market since the start of the COVID-19 pandemic as a result of the Fed's monetary policy of lowering interest rates to zero, printing trillions of dollars out of thin air, and then conducting an asset buyback program of at least $120 billion per month.
All this has logically pushed up inflation, which has been above 5% in America for several months now.
A stock market crash looms for the coming months
This situation is now pushing the Fed to consider adjusting its monetary policy more quickly than expected. Jerome Powell has been talking about the Fed's upcoming tapering for several weeks now. However, at the end of September 2021, the financial markets sent a clear message to the Fed boss: we don't want tapering at the moment.
The Fed got the message and decided not to give a date for tapering. The tapering will come sooner than expected, but no date is given. The Fed is giving itself time, which is essential as the US economy is once again contracting.
Still, 10-year US Treasury bonds are rising, which means that investors are slowly but surely preparing to move out of the equity market in the coming months.
By the time tapering is announced, an equity market crash could be on the horizon. As a result, investors are now wondering which investments to target to protect themselves from what could happen in the coming months.
Should you invest in a particular sector in the stock market, or go for gold, or cryptocurrencies?
Whatever the market conditions, you have the best investment to make that will never crash
Here I will reveal the investment you can, and should, make that will always win regardless of market conditions. Whether you are in a Bear market or a Bull market, this investment will make you a millionaire sooner or later.
With a hook like that, you must have been very interested in me.
This fabulous investment with almost infinite growth potential is the one you see every morning in the mirror when you shave...
I am of course talking about you here!
You are your most valuable asset in life, so you should always do the best for your education. So whatever uncertainties the market may have in the coming months, you should continue to invest in yourself. You must not neglect to constantly increase your knowledge;
A well-known figure in the investment world supports this assertion.
He is no less than Warren Buffett. The multi-billionaire investor considers that the best investment he ever made was in himself. No, it was not buying Coca-Cola or Apple shares, but investing in his education.
That investment will never crash, no matter what.
Warren Buffett’s best investment ever is going to leave you speechless
Going back to Warren Buffett, you should know that until the age of 20, he was panicked about public speaking:
“Just the thought of speaking in public made me physically ill. I would literally throw up.”
When you see Warren Buffett so comfortable today when speaking in public, you find it hard to believe that he had this phobic fear when he was 20 years old. And yet he did.
Warren Buffett goes on to explain that his fear of public speaking was a real handicap. It led him to choose courses at university where he wouldn’t have to speak in front of the rest of the students. He also organized his life so that he would never have to speak in public.
Then one day Warren Buffett saw a poster at Columbia Business School, where he was studying, for a Dale Carnegie course that was supposed to teach university students how to speak in public.
Knowing that his fear would prevent him from seizing many opportunities in his future, Warren Buffett decided to take the plunge. He signed up for the Dale Carnegie course and gave a check for payment.
However, he was never able to attend the class and had the check canceled. Warren Buffett was so terrified to face his fear that he decided to give up again.
After graduation, Warren Buffett returned to his hometown of Omaha. He quickly got a job as a salesman of securities. Unfortunately, Warren Buffett realized that the problem he had refused to face many times in the past was still there.
Warren Buffett knew that he had to force himself to face his real fear if he wanted to take his life to the next level:
“I knew that I had to be able to speak in front of people. So again, I saw the ad in the paper and went down to sign up; but this time, I handed the instructor $100 in cash. I knew if I gave him the cash I’d show up.”
Warren Buffett overcomes his fear of public speaking with a $100 course
To force himself to take action, Warren Buffett decided to pay the $100 in cash this time. There was no way for him to back down and give up.
Warren Buffett goes on to explain how this Dale Carnegie course went:
“There were about 30 other people in the class and we all had trouble saying our own names. We met once a week for a dozen or so weeks. They would give us different types of speeches to practice and taught us psychological tricks to overcome our fears.”
While he was initially terrified to face his fear of public speaking, Warren Buffett felt increasingly comfortable. He noticed that everyone else in the class felt the same way he did.
By feeling that everyone was in the same boat, Warren Buffett became more confident.
Once the course was over, Warren Buffett felt ready to put it to real use. To do this, Warren Buffett went to the University of Omaha where he announced that he wanted to start teaching. The former student, who was afraid to speak in public, was determined to face his fear.
Warren Buffett knew that if he didn’t directly apply what he had learned in Dale Carnegie’s class, he would fall back into his fear of public speaking.
Today, Warren Buffett admits that this course of only $100 is the best investment he ever made in his life.
Thus, Warren Buffett’s best investment was to invest in improving himself. Warren Buffett is so proud to have completed this course that in his office, it is the only diploma that is on display for all to see:
“I don’t have my diploma from the University of Nebraska hanging on my office wall, and I don’t have my diploma from Columbia up there either — but I do have my Dale Carnegie graduation certificate proudly displayed.”
Warren Buffett explains to anyone who will listen that this course of only $100 was the starting point for everything he was able to accomplish afterward.
Being able to share his ideas in public to convince others to follow his ideas was essential for his future career. By overcoming his fear, and having the will to better himself, Warren Buffett was then able to start building the empire you all know today.
Final Thoughts
At your level, Warren Buffett’s story should help you realize that you will always be your best investment.
You must always seek to improve yourself. This is the only way to achieve lasting success in life. Investing in yourself means reading books, but also never hesitating to pay for courses if they can add value to your future.
I still too often see people who hesitate to pay a few hundred dollars for courses that can change their lives. Don’t make that mistake. Also, remember that you must apply what you have learned immediately after taking a course. This is the only way to get the most out of it.
It’s up to you to invest in yourself without hesitation from now on. By investing in yourself, you will then be able to make the best decisions for your future regarding money. This will enable you to become a millionaire sooner or later if that is your ambition in life.
Some reading
Money Is a Good Servant Only if You Are the True Master. Buy Bitcoin To Take the Power Over Your Life. It is a major paradigm shift.
Why You Should Opt for Buying Real Spot Bitcoin Rather Than Exposure via Bitcoin (Futures) ETFs. Buying Bitcoin on the spot market is the only way to access deep safety.
The #1 Rule To Always Win With Bitcoin. 99.9% effective so far.
How the IMF’s Attitude With Lebanon Fostered the Current Crisis, and Why Bitcoin Could Fix This. The openness and transparency of Bitcoin are the opposite of the opacity of the current system.
The Cantillon Effect: Why U.S. Billionaires’ Wealth Increased by $2.1T During the Pandemic. Inequality continues to grow in America, which will face an explosive social situation for years to come.