But if you’re looking to make money outside of your job, there’s a simple premise you need to get used to. Investment. To make money over time in excess of your salary and wages, you need to start to invest.
Now that can be in a range of different things. You could invest in property, cash, wine, classic cars, even collectibles like vintage Star Wars figurines.
Investing in stocks
But for me the best way to invest is in the stock market. Investing in shares in a company. And if that company is successful then the chances are their stock price will rise, increasing the value of your investment.
If the company does really well…then you could see your initial investment double, triple, quadruple or even increase 10-fold. Investment is one of the best ways to make money if you’re a salary and wage earner and want to set up your financial future. Of course it can be scary and intimidating if you’re a newcomer to it.
That why here at Money Morning we aim to take the difficulty out of it. We’re here to provide you with the information you can’t find in the mainstream papers or news. We look at investments and uncover companies that the big end of town don’t see, don’t understand and don’t know about.
These companies are the kinds that are great for investment. These companies, with great products, innovative services and aspirational leaders, are the ones that can go from zero to 100 in the blink of an eye. And the shareholders in these companies are the ones that make money — and make it fast. These are the kinds of companies that I spend my days hunting for in my paid newsletter, Australian Small-Cap Investigator.
So if you’re thinking about how to make money, then look no further. Keep reading Money Morning. Or if you have been for a while and are looking to take the next step then think about subscribing to one of our investment services. Give it a try, see what you think — and hopefully you’ll be on the right path towards making some money.
Sam Volkering, Editor, Australian Small-Cap Investigator
Sam Volkering is the technology editor for Money Weekend's FutureWatch. In this regular column he highlights the latest advances in technology, healthcare and energy. Sam is also the assistant editor and analyst for the new breakthrough technology investment service Revolutionary Tech Investor headed by Money Morning editor Kris Sayce.