How do billionaires accrue wealth and hold onto it for the long-term? They invest in assets that have the best attributes for the long-term. What are the 3 characteristics that make shipping containers one of the best long-term investments you can make?
Secrets To Building Wealth
Why is Bill Gates so wealthy? He developed a product that everyone would need to use: computer software. Now, his Microsoft Windows is everywhere.
Wealthy individuals invest in assets that are absolutely necessary, like shipping containers. International commerce cannot function without shipping containers.
Buy Valuable Assets
There are many slogans for building wealth. Warren Buffet said “Don’t lose money.” One expert said “Buy Assets, Avoid Liabilities.”
The focus of Binary Options Trading is to invest in the most valuable global assets (i.e. currency, commodities and stocks). The argument is that international trade is essential. But, what equipment does all international trade need?
Just as you need Microsoft Windows to run essential computers, you also need shipping containers to transport essential merchandise of international trade. You can copy Bill Gates by investing in an essential tool for an essential function.
Essential Shipping Containers
England has tea time; but England does not grow tea. England needed international commerce to bring the tea from India to England.
And, what is used to transport tea? Shipping containers.
The United States has ZERO domestic television manufacturers. Yet, Americans love watching TV.
And, what is used to transport televisions? Shipping containers.
Shipping containers are necessary for international trade.
Global Shipping Containers
Wise investors select global assets that will not disappear. What would’ve happened if you owned a Detroit coffee shop years ago? When the car manufacturers left, you might have had to file for bankruptcy.
A local asset can be destroyed by a local calamity. A global asset, like shipping containers, is dependent on global factors. International trade will never disappear.
During the winter, you still have access to fruits, even in the Northern Hemisphere. All of this is possible due to shipping containers. And, the world is not becoming more local, it is becoming more global – this makes global assets more valuable.
Physical Shipping Containers
The wealthy can see, touch and understand their wealth. Nowadays, some are promoting BitCoin, eMoney, digital money and cryptocurrencies. Unfortunately, there are many problems with these.
What happens if you lose your electricity? You have to reset your clock, will your electronic money go back to ZERO, if you lose electricity?
The other problem with eMoney is that it is electronic. Can you touch electronic money? No.
Shipping containers are a physical asset. You can touch and feel them. You also understand them.
You can explain what a shipping container is to your friends. Can you explain digital currencies? No.
Shipping containers are essential, global and physical assets. These characteristics make it one of the best long-term investment you can make.
Davenport Laroche is a leading shipping container investment agency based out of Hong Kong.