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7 ways to invest like you're rich, even if you're not yet

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Here's how to invest like the rich even if you aren't there yet.
The article from AOL Finance titled "7 Ways to Invest Like the Rich Even If You're Not" outlines strategies for individuals to emulate the investment habits of wealthy people without necessarily having vast sums of money. It suggests starting with real estate investment trusts (REITs) which allow investors to buy shares in real estate portfolios, offering high dividends. Dividend stocks are recommended for their potential to provide a steady income stream. Index funds are praised for their low cost and diversification benefits, mimicking the performance of broad market indices. The article also discusses investing in yourself through education and skills development as a form of investment that can yield high returns. Peer-to-peer lending is another avenue where one can lend money to individuals or small businesses online, earning interest. Art and collectibles are mentioned as alternative investments that can appreciate over time, though they come with higher risks and less liquidity. Lastly, angel investing in startups is highlighted, noting that while it's high risk, it can offer substantial rewards if the startup succeeds. The piece emphasizes the importance of understanding each investment's risks and aligning them with one's financial goals and risk tolerance.

Read the Full AOL Article at [ https://www.aol.com/finance/7-ways-invest-rich-even-130000108.html ]