A common goal shared by the majority of Americans is to build personal wealth. While American financial literacy remains low at only 34%, recent surveys found that more than 74% of Americans have made New Year’s resolutions to build wealth in the upcoming 2021 year. However, with limited financial literacy or investing experience, most of these resolutions will go unmet. Today, more and more American’s are seeking out alternative ways to build wealth and save for retirement and are turning to lawsuits and lotteries to do it. DiversyFund, an innovative fintech company designed to streamline the investing process for novice investors, has made it its mission to share wealth-building tools and strategies with the American public to increase financial independence and highlight the importance of investing. DiversyFund now hopes to share investment tips and financial strategies to help average Americans reach their 2021 financial goals through long-term and low-risk investments.
Since the late 1990s, the number of people buying lottery tickets and filing lawsuit claims has risen drastically in the US, as lottery companies and law practices increase marketing efforts and claim their industry will allow customers and clients to “get rich quick.” However, lawsuits and lottery tickets are inconsistent and often risky ways to build wealth, as on- average, people are more likely to lose money than make any profit. However, investing has an average return of 10% per year, and returns from real-estate investing sit even higher at 10.5%. There are many benefits of investing in real estate, including passive income, tax advantages, stable cash flow, leverage, and most importantly, diversification. Real estate investing is not without its risks. However, an excellent way to reduce risks and limit exposure is to invest in real estate investment trusts (REITs), which allow others to invest in real estate without having to own, manage, or finance properties.
DiversyFund gives everyday people the financial tools and strategies to make informed investment decisions that will allow them to grow long term personal capital. In addition to its other services, DiversyFund has recently announced its newest program, the DiversyFund Growth REIT. The exciting new program invests in cash-flowing apartment buildings throughout the United States and is designed to give its investors exposure to private high-appreciation multi-unit properties. To learn more about DiversyFund and the DiversyFund Growth REIT, return to this site for frequent updates and new entries.