What Do Rich People Buy?

What Do Rich People Buy?

Things Rich People Buy

Have you ever think that, Which are the things that rich people spend money behind? I have ask this question on one reputed forum and i receive following responses

- Luxurious Cars
- Expensive Watches
- Branded Clothes
- Country Houses
- World Tours
- Branded Shoes
- And many other luxurious items….

Actually, that forum readers don’t understand my question or they simply really don’t know that what rich people buy. So i thought that, i should tell you the real answer of this question.

Well, the straight forward answer of the above Question is – Assets

Rich people spend whole of their lives behind buying Assets. Rich people simply passionate about buying assets. This is because assets tend to appreciate in its price as well as provide the passive income to the rich people and rich people love to buy the things that appreciate in its value over the time.

Rich people really don’t love to buy Expensive cars, watches and clothes. Than you will ask that, than who consume all of those branded shoes, clothes, watches and cars? Well, the high income, upper middle class people. These are the people who consume all of these branded, luxurious items.

The true rich and wealthy people focus mainly on buying assets out of their money.

Examples of assets are Stocks, Bonds, Gold, Real Estate, Mutual Funds, Businesses, Intellectual Properties & Copyrights, Web properties…etc….

Remember, the more assets you buy, the more richer you will get over the time. If you never buy assets, you will never become rich. Most of the people struggle financially through out their lives because they spend their money behind buying cars, watches and clothes which depreciate in its price over the time and make them poor.

While rich buy assets and thus they become more richer over the time….!!!