Multiplying wealth through investment is an exploit appreciated even in the ancient world. In the book of Matthew, Jesus tells a story of a rich man who before leaving for distant lands, calls in his three servants. He gave one five talents, another four talents, and the third – a single talent.
When he came back, the first and second servants had multiplied their talents. The third servant, however, hid his in a hole hoping the master would be happy that it was kept safe. The master was pleased with the first two servants and promoted them to higher positions.
It is through investing that individuals, companies, governments and even society as a whole generate more value. It is not by accident that the wealthiest people around are those that know how to use their money to make more money.
Increase your growth possibility to infinite
As an individual, the first option you have for creating value for yourself is to work and get paid for your labor and skills. However, you only have 24 hours a day and 7 days a week. You can only do so much in that time. Aside from clocking time at your workplace, you also need to rest, spend time with family and do other non-work related activities.
Indeed, there is a maximum limit to how much an individual can directly make through his own hands and efforts.
However, there is the second option for creating wealth. By letting the money you already own generate more money for you through others, you can create infinite wealth. In other words, you create the capacity to bring in more money by engaging the time and efforts of others. There is no limit to the network you build for this purpose. And that is what investing is about.
Investment Options available for diversifying
The investment options available are diverse. They include stocks in companies, government bonds, mutual funds and exchange-traded funds (ETFs).
There are also other possibilities with blockchain such as decentralized companies popularly known as decentralized anonymous organizations (DAO), which are run through smart contracts. They accept investment and share out profits with stakeholders.
It is still early days for the new blockchain asset class, but the potential has already been evidenced. There is about $200 billion in different types of digital assets on the blockchain.
Investment through P2P lending
One of the applications of the blockchain with digital assets is decentralized peer-to-peer lending. The technology has made it easier, more secure and efficient to facilitate individuals and businesses to extend credit to one another at a cheaper cost and more flexible terms.
A platform that has actualized P2P lending through the blockchain technology is AssetStream. The platform targets to help individuals and small businesses in the ASEAN region to sidestep loans from shylocks, which charge as high as 50% interest.
Join a community building and making AssetStream a reality
If you are looking for an investment to add to your portfolio for diversity, consider getting involved with AssetStream. The presale of the platform’s native tokens launches on May 27. Sign up on the project website to be part of it.
Disclaimer: This is a guest article. The views, opinions and positions expressed within it are those of the author alone and do not represent those of Cryptopolitan. The accuracy, completeness and validity of any statements made within this article are not guaranteed. We accept no liability for any errors, omissions or representations. The copyright of this content belongs to the author and any liability with regards to infringement of intellectual property rights remains with them.
Nexo
Instant loans by local bank transfer using your crypto as collateral without selling it. Earn 8% interest per year on your Stablecoins, USD, EUR & GBP. $100M custodial insurance.
