If you want to be a millionaire in the next five years, focus on this equation 👇🏻

Speculation is a faster profit but less

Investment is a slower profit but more

Speculation means that you exchange your time for money

Investment means that you buy time with money to make money

The goal of speculation is not to make a million dollars because you may lose it if it is the only basket you have (don't put all your eggs in one basket)

The goal of speculation is to generate capital to invest in projects, just like any job in which you exchange your time for money

Investment of all kinds is a means of building wealth and cash flows. Examples of investment include

Investing in gold and silver

Investing in real estate

Investing in stocks and investment funds

Investing in digital currencies

Investing in artificial intelligence

Investing in technology and digitization

Investing in blockchain and Web3 technology

And if you are financially smart enough, you will distribute your money across several sectors as a means of diversifying sources of income 🌟