Just finish an article yesterday and the author is sharing a very interesting concept. to distinct between Investing vs. Jobing – Having a job.
You know that you are Investing if your money cycle is doing the following:
Cash –> Asset –> Cashflow
You know that you are working on a job if your money cycle is doing the following
Cash –>Asset –> Cash
There is nothing right or wrong about bought method. In fact, Cash –>Asset –> Cash is a faster way to generate capital and get more cash quicker if that is your goal
If you want to create long term wealth, cash flow is the name of the game.