Employee -> Self Employed -> Business owner -> Investor
In Robert Kiyosaki's book, we learned about the 4 roles in a capitalistic society Employee -> Self Employed -> Business owner -> Investor Most people believe that you should fit into one criterion (e.g. Employee) However, I believe that we are all 4. Just like how a 9 to 5 employee would invest their own retirement portfolio. To maximize our earnings, we would need to be in all 4 roles at some point For example For a long time, I work in KPMG as an employee and also build my own business on the side (e.g. Self Employed) I then quit KPMG to work full time in a self-employed to scale my business Once I reach a high level of call volume, I have to call in help, which makes me the business owner, where I focus on designing systems to deliver results instead of doing the day-to-day work. Finally, I invest the remaining earnings as efficiently as I can with the highest return I can achieve (30% is a good target) As I am starting a new business (My new 100 people hedge fund in US), I will go back through the 4 roles where: 1. I am the portfolio manager and trader (employee) 2. I own the portfolio management business (self-employed) 3. I design systems for people to trade on my behalf (business owner) 4. The shares of my company appreciate (investor) and we take it IPO in 7 years Cheers, Eric ----- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In October, my goal is to help 20 people without a financial background to master investing through Investing Accelerator. Investing Accelerator is designed for people without a financial background. The goal is to achieve 30% return per year. In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth. In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses. This will help accelerate your retirement goals.