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Drawing on my many years as a CPA, financial advisor/planner as well as my Rich Habits Study research, I thought I’d share with you all of the investments that the wealthy invest their money in. Below is a comprehensive list list of these investments.
- Real Estate investments such as:
- Residential and Commercial Rental Properties
- Principal Residence
- Vacation Homes
- Raw Undeveloped Land in desirable areas
- Fixer Uppers
- Real Estate Investment Trusts
- Tenant-In-Common Properties
- Triple Net Lease Properties
- Permanent Life Insurance products that build cash surrender value, such as Whole Life Insurance
- Traditional IRAs
- Roth IRAs
- Employer Retirement Accounts such as 401(k)s 403(b)s, 457 Plans and Simple IRAs
- Individual Stocks
- Exchange Traded Funds
- Index Funds
- Mutual Funds
- Bonds
- Limited Partnerships
- Employer Stock
- Fixed Annuities
- Variable Annuities
- US Treasuries
- CDs
- Money Market Accounts
- Derivatives/Hedging Instruments such as call and put options
- Businesses and Partnerships
- Collectables like art, memorabilia, cars, antiques, diamonds, jewelry, wine
- Commodities like oil, gas, gold, silver, livestock and futures
- Hedge Funds
- Private Equity Funds
- Managed Wealth Accounts
- Crypto Currencies like Bitcoin
- Venture Capital Funds
- Foreign Currencies
- Start-Up Businesses
Tom Corley is an accountant, financial planner, public speaker, and author of the books “Effort-Less Wealth: Smart Money Habits At Every Stage of Your Life” and “RichKids: How to Raise Our Children to Be Happy and Successful in Life“. Corley’s work has appeared on CNN, USA Today, The Huffington Post, SUCCESS Magazine, and many other media outlets and podcasts in the U.S. and 27 other countries. Tom is a frequent contributor to Business Insider and CNBC.
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