Announcing 3 Low Risk Strategies to Help You Escape the Rat Race

 

The beloved rat race! Just why would anyone want to escape the rat race? Many reasons come to mind but some of the key ones would have to be to work for yourself, be your own boss, have the freedom to do what you want, when you want, whenever you want and most importantly live a millionaires lifestyle without even needing to become one. Spend more time with your family, go on holidays whenever you want and have the flexibility to work the hours that suit you. These are just some of the reasons why you might want to sack your boss and start living the life you’ve always dreamt of.

1. Real Estate. The trick to real estate investing is to focus on capital growth, rather than rental returns. Over a long term period utilizing this type of strategy will win every time compared against an income strategy in property. If you had an investment property with a high income yield but limited potential for capital growth, sure, you might make a profit in the short term but in the long term the rental income you would receive on a property with capital growth potential will always overtake the other. This is because rental yield is calculated on the properties overall value. If the value of the property increases, so to does the rental income. One too many people think they’ll never be able to afford a property without really exploring their options. You might just surprised of the opportunities that are out there if you only take the time to look.

2. Home Business. A potentially quicker alternative to escaping the rat race is by starting your own home business. If you can find a home business model that really supports you growing your business and provides long term support and mentoring you might be able to leave your day job in less than 6 months. It ultimately depends how much you want it, but be wary, there are many home business models out there that are purely aimed at making the people at the top richer. Usually in detriment to the people that come on board later on. An example of this type of business is multi-level marketing (MLM) otherwise known as pyramid selling. If you’re looking into starting your own home based business make sure you do your research before making any type of investment decision.

3. Writing options. Contrary to what the media may have you believe, writing or selling options is actually a relatively low risk strategy. The opposite to trading options which can be a high risk strategy, writing options allows you to sell an option to the people who are trading options. Using this strategy, you can generate a monthly income anywhere from 2% to 5% per month and even higher sometimes. Writing covered calls is one form of income generation you can use to reduce the amount of time you need to spend working a day job. In it’s simplest form think of it like renting your shares to someone else in return for a monthly rental premium.

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