In my last post I was helping my friend Donald figure out what to do with his new-found riches after landing a role in a movie. The truth is there really isn’t a simple answer to the question “where should I invest my money?”
I have been a fitness buff since as far back as I can remember and have taken the personal trainer course. I always think that getting physically fit is a lot like getting financially fit. The amount of effort exerted is directly proportional to the results one can expect.
If you wanted to lose weight for example, I might suggest you cut back on high calorie drinks and go for a brisk walk every night. Or I might suggest you hit the gym 3-5 days a week doing a mix of free weights and cardio and put you on a diet of egg whites and protein shakes.
How good do you want to look? How good do you want your net worth to look?
With that in mind, I’m going to outline 4 possible investment options for Donald. Some will require very little effort and some will be a little more involved but will deliver superior results.