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Finance Expert Ranks Best and Worst Investments

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Synopsis

Welcome to another strategic episode of the Building Your Money Machine Show! Today, I'm breaking down the overwhelming world of investments to provide you with a clear roadmap to wealth-building. Ever wondered which investments you can trust, which to avoid, or which simply to laugh at? This episode's got you covered.We start with the different tiers of investments, categorizing them from Wealth Champions all the way to Wealth Drainers. I'll rank various investments and explain each tier, from high-reward, reliable investments to those risky moonshot manias, and the ones that could drain your wealth.Whether it’s index funds, ETFs, real estate, or even collectibles, this episode gives you insights into where they fit in your wealth-building strategy. Do index funds and ETFs hold the crown? Where do cryptocurrencies and real estate fall? And why should you think twice about penny stocks and timeshares?I also bring in some real-life examples and personal opinions, like why I personally love blue-