- Joined
- Apr 2, 2023
- Messages
- 80
Rep Bank
$415
$415
User Power: 93%
What do you do when your income exceeds what you need to pay your bills?
You can get 4-5% interest on USD, but as I don't live in the US, that's still risky for me due to the currency risk.
Most people would tell you to put your money into broad-market index funds, but I remember that MJ considered that "slow lane" because you don't have control over the market.
But I don't need the money in my own business(es). Besides, I'd be concentrating the risk in my person. I'd like to diversify it. I could invest in other people's businesses, but then I'd have to actively pick investments as well, which is risky, and which would take away time that I should be spending on my own businesses.
So what's your plan?
You can get 4-5% interest on USD, but as I don't live in the US, that's still risky for me due to the currency risk.
Most people would tell you to put your money into broad-market index funds, but I remember that MJ considered that "slow lane" because you don't have control over the market.
But I don't need the money in my own business(es). Besides, I'd be concentrating the risk in my person. I'd like to diversify it. I could invest in other people's businesses, but then I'd have to actively pick investments as well, which is risky, and which would take away time that I should be spending on my own businesses.
So what's your plan?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
