You might say I don't want to be Billionaire and just want a normal life. But how do you fight against inflation?
Ten years ago or more, you might able to get a fried noodle for RM2.50. Nowadays hardly you can get that, maybe it will cost you around RM5.00 now or even more. That's 100% increased or approx. 10% increased per annum.
Does your salary increase 10% per year? Yes? You must be a lucky one! :)
So how do you fight against inflation? Put in the bank to get approx. 3% per annum for FD a/c [click here for Banks FD Rates]; stay further away from the city centre; cut your expenses; increased your debt with higher mortgage, personal loan, car loan etc.; move oversea to get higher pay and better life??
To me, one of the way to fight against inflation is through Investment unless you are the lucky one as mentioned above or you have rich parents.
Latest news from Forbes shows:
Top 10 Ways to Become a Billionaire
Self-made Forbes 400 billionaires
1. Investments: 77
2. Technology: 45
3. Real Estate: 22
4. Fashion and Retail: 18
5. Media: 17
6. Food and Beverage: 15
7. Energy: 12
8. Health care: 11
9. Sports: 10
10. Manufacturing: 10
Top 10 Ways to Become a Billionaire
Heirs on the Forbes 400
1. Investments: 19
2. Service: 17
2. Fashion and Retail: 17
3. Energy: 16
4. Food and Beverage: 14
5. Media: 11
6. Manufacturing: 10
7. Real Estate: 5
8. Diversified: 3
8. Technology: 3
8. Health Care: 3
Previous
Top 10 Industries Producing U.S. Billionaires
- Investments: 100
- Technology: 51
- Media: 37
- Energy: 35
- Food and Beverage: 31
- Service: 31
- Fashion and Retail: 28
- Real Estate: 27
- Manufacturing: 18
- Sports: 15
- Investments: 143
- Fashion & Retail: 123
- Real Estate: 102
- Diversified: 97
- Technology: 90
- Manufacturing: 85
- Energy: 78
- Finance: 77
- Food & Beverage: 69
- Media: 64
Now you can see why we shall invest?
Good luck with your investment!! ^_*
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