I discovered the best investments you can make in 2024 raid alio the famous investor once said the person who lives by the crystal ball will eat shattered glass it means that the people who lose their money are the ones that are looking inside the crystal ball always trying to predict the future making Investments on Trend speculations or emotions that's why I want to share with you the best investments you can make today to actually get Roi so you don't eat shattered glass the first vehicle is index funds at 26 years old one of my mentors
told me to take half of what I'd made at the time and I've earned and put it into a stability bucket essentially an investment where I wouldn't lose my money so what I did is I dollar cost averaged myself into the index funds why because it didn't take any thinking you know a long time ago I was reading books on investing I came across like John bogle's book on index funds and many others and the whole idea is that if you can get a low cost fee structure then you dollar cost average yourself into it
it doesn't sound very sexy or a lot of fun I'll get to those in a second but it's definitely the way for you not to lose your money by being emotional all the time right I see a lot of people invest and stuff where it's too liquid it's too easy to come in and out of but if you're trying to play for the long game and say this is the money I never want to lose I'm building my wealth fund it's going to compound that I can't think of a better investment than index funds even
Warren Buffett said it he said you know if I pass away today and my family had to take over the money let's get out of active management let's just take all that money put it into an index fund and then my family can live off of the dividends every year this investment is for people that are unwilling to learn where they don't want to think they've got their main business they got their main job and they just want to invest in things they don't want to be emotional about it there's nothing better than lowcost fee
index funds you don't want to do mutual funds I mean if you look at a long game over a 25e period you might lose 40 to 50% of the value of your investment as a bucket just because you're paying other people's fees and that compounds over time index funds have some of the lowest fees because you're not paying for active management whereas in a mutual fund you're paying somebody to manage it and they got all these little hidden fees that they say oh no we're low fees no you're not if you look at the actually
fine print they can raise their fees lower like over the time that you deploy money into their fund and if you move it around it's not the right way to do it you know I like Vanguard index funds you can choose whichever ones but you want to find stuff have a decent portfolio and just set it and forget it the second vehicle is real estate I bought my first deal when I was 21 it was a duplex I think I paid something like $121,000 for it I had my 5% down and I got into real
estate game since then I've done a ton of deals and the reason I like it is because it allows you to build wealth in a bunch of different ways you know recently had one of my top sales guys this kid named Wendell come in and he wanted to invest in real estate so I gave him some advice and he turned all of his extra cash into investments in multi-units with his partner and end up building a real really sizable portfolio my brother did the same thing him and I started Martell Holmes to help him get
into real estate to move away from being a mechanic and he ended up building one of the largest home building companies in Eastern Canada because real estate's one of those Investments that has some very unique properties to it pun intended real estate is an investment where you can drive around and touch it it's not a fun and you own real estate that has purpose not your primary home that is not an investment in real estate see real estate has this thing that a lot of people do called the bur meth right which is buy rehab
rent refinance and repeat method it has tax advantages for a lot of places it's an asset that produces cash flow so it pays off the investment it Hedges against inflation and it appreciates as it pays itself down how cool is that those alone the inflation part right now where we have some of the highest inflations we've ever experienced is a beautiful reason to consider real estate as an investment vehicle the Third vehicle is Collectibles this is probably one of my favorite ones because if you do it right the things that you enjoy to purchase can
become the vehicle for investment for example my buddy Mike Brown he teaches this framework at his unbreakable wealth seminars where you can look at cars and watches and art and wine and all these different Collectibles you know whatever your thing is you can be into comic books and you could either put your money into index funds or rsps or whatever or you could actually put them into the collectible that you are passionate about that you love that you you know think about this what if you can invest in the thing that you spend hours on
YouTube studying so like I love cars okay I think super cars are beautiful beautiful works of art and I'm putting together a collection I mean I'm inspired by a guy like Steve Hamilton who has a Hamilton car collection or you know Manny kosin or even one of my mentors Andy forcella I mean here's these people that have these multi- deam million doll car collections but if you look under the hood they're actually Investments they're not buying cars that are going to go down and depreciate they know that purchasing these rare additions of these Collectibles is
actually not only going to hold the money but it's going to go up over time now it does require you to put the time and energy to study it but you don't make money when you sell you make money when you buy you have to be patient you have to look for Unique opportunities so you have to have access to inventory in deals to make this work but it could be one of the funnest things you could do with your money what you don't do is go buy a brand new car or brand new watch
off the lot you need to do the work you need to find somebody ideally a mentor that's already made money doing this and ask them how they've done it what are the auctions they go to what are the unlisted websites who are the brokers who are the other people that have private collections that might be looking to liquidate some of those assets you want to get somebody who's already doing it that doesn't have more time or the ability to invest more and you could be the person that gets some of their release valve of Collectibles
that you could buy and start building up your collection so the money could either be in the bank in an investment or it could be in a beautiful object that you get to look at and enjoy on a daily basis it's up to you the fourth vehicle is intellectual property it's taking everything in your mind and putting it into a format that people can purchase right like a book a media company licensing models coaching other people Consulting those Frameworks become incredibly valuable if you learn how to put them together in a way that other people
can purchase there are now a ton of YouTubers from Justin Welsh Ali abdall Dan Co all these people that are making millions of dollars online by learning getting really great at something creating a course intellectual property and then using the media side to get distribution so that they can sell people that want to learn that on their product it is a huge opportunity to get leverag and the coolest part about the whole process is that the better you get at it the better you get in life most people don't package their intellectual property in a
way that other people can buy or consume I know a lot of people that know a lot about stuff I got a buddy he knows more about more than anybody else I know but he's never put it down in a way that somebody could purchase to learn from so he's just the most interesting man in the room but never makes any money from that because he hasn't translated that into intellectual property the fifth vehicle is in yourself the reality of it is the best investment you could ever make is in your skill sets in becoming
more valuable to the market you know I bought my first book when I was 23 and that was kind of late then I went to my first seminar and I invested $38,000 in an expert over a three-year period to teach me everything he had learned about building businesses at this point in my life I've invested probably 1.5 million plus in myself in my coaching in my skill sets in my ability to shoot videos just like this I've paid Consultants $30,000 for one hour of their time because they've spent their Whole Life Learning something that they
could teach me and that investment in myself and knowledge I can translate into different businesses that I own so that I can grow faster so the best way to invest in yourself is first off invest in your energy get around other people that are going to keep you positive not worrying about things and focusing on the possibility of the future then try to figure out where you want to get better at in your life and go buy some books study the top three to five books in any category of information you want to learn like
if you want to become great at sales go get to top three or five books in sales if you want to be good at marketing top three to five books in marketing then try to invest in if you got a little bit more money go to the events go get around people that are also passionate about that thing see most people get it wrong when they just like learn stuff just for someday maybe I call it just in case learning versus just in time see you want to study the thing that's going to have the
biggest impact on your life today people that go learn and then just put it to the side I call that shelf help right they're they're trying to learn the latest craze but they don't even have a vehicle to translate the knowhow into anything that's going to make the money right focus on what's true not new the fundamentals the foundation not the whizbang Wizardry of the current world but like these core principles about being a better person working on your health and really understanding business fundamentals investing yourself allows you to bring you with you and every
opportunity for the rest of your life those are the best investments you can make today but if you want to learn the best businesses you can start in 2024 click the link and I'll see on the other side