Every one of us would wish for an investment opportunity that could make us wealthy overnight! But is there one? The stock market, Mutual Funds, Bonds, Real Estate, or Cryptocurrency? Which one should we invest in! Unfortunately, there isn’t one!
You might have heard of recent stories of people becoming millionaires in the Crypto bull market, more specifically with the DOGE fever that had caught on for a couple of weeks, courtesy Elon Musk’s tweets and there were thousands of people who started investing in the crypto, not because they understand it but due to the fear of missing out an opportunity to make money which is known as the FOMO effect.
We sometimes tend to invest due to the FOMO factor just so that we don’t feel left out of the race and we are made to believe it is our chance to become wealthy overnight! But if you have observed, any FOMO-driven trend is mostly based on speculations and never really lasts the long run. People who have lost their hard-earned money in such trends are a lot higher compared to those who have made any by exiting at just the right time! Does that mean you can make some money in the short run?
We won’t say no, but knowing when to exit these investments is a skill we hardly know!
To become wealthy you need to invest in assets and those assets should grow your money while you sleep. Sleep peacefully, mind you! With hundreds of investment options and very minimum knowledge of how to use our money, we all need more than the generic information out there. As each of us have a different personality, we also have different goals and investment capabilities. So we need guidance that is tailored to us, without which we would always be dragged into the FOMO club to become wealthy overnight because we follow the herd when we have no knowledge of the real working.
GETO wants to help bridge this gap by helping you make more informed decisions so that you invest with knowledge and not fear, while you have your best chance at becoming wealthy!
