The 1 simple rule to becoming a Multi Millionaire and best sector right now

Everyone wants to make millions of dollars to buy a nice new car and also to share the wealth with family and loved ones. If we want to be the next multi millionaire we need to follow 1 simple rule. The law of supply and demand. If the supply out weighs the demand the price will go down. If the demand out weighs the supply the price will go up. We hear everyone today talk about all these hot new investments. The hottest thing out right now is crypto currencies. About 10 years ago it was gold. And before that it was internet stocks. They go up and then they crash and we are confused scratching our heads. People claim manipulation, government control, and even come up with some of the crazy theories(aliens control everything etc). They could be true or they could be false. What we do know is the law of supply and demand will always take over any price over the long term. The rule to focus on is when the demand out weighs the supply over the long term, that is where we want to invest our money.

The first thing we need to understand that if we want to become rich like an old timer like Warren Buffet we have to find an investment that we know for sure it will be great investment over the long term. Trying to guess when something will be worth a lot and wont be worth a lot is just another form of gambling. What happens when we gamble? We lose over the long run. It is how these old timers get rich is they are patient and think about an investment over the long term. Just because something is hot or popular doesn't mean its a great investment. It can easily fizzle out to the next new hot thing. Whatever we invest in its something we see 10 years down the line will be in higher demand then it is right now. If we are not sure it will be in high demand in 10 years then its something we should avoid as a investment.

So how do we find out what will be in high demand? We look at what jobs/fields students are not moving into that will be in high demand. Right now young students are actually moving more towards jobs built around the internet. They grow up using it every day and want to be part of the eco system. So they become web designers, computer programmers etc. They want to find high paying jobs where they have nice office and not get to dirty wearing flashy new suits, like an attorney. So a sector not much relation to the internet and maybe a bit dirty is a good place to start. If demand grow for workers in a particular sector but the students will be more interested in other fields then it can be a serious problem. That will cause even more demand without enough workers as the supply diminishes.

As we figure out what fields students are not interested in, we need to find out what is growing at a unstoppable pace that will have a lot of high demands in the future. And build or investment around what demands will be needed based on this particular growth. And the growth that is not slowing down is population. The population on earth is growing at a rapid pace. As population grows the demand will grow in many things we use in our every day life. So now we need to focus on the necessities people have to have in order for us to focus on the sector we should invest in to make a lot of money.

So what is this sector we should invest as population grows that will turn us into a Multi Millionaire? It wont blow our socks off, but it is Agriculture. I know it sound so boring... But lets think about this. I bet not many people know of one kid that wants to be a farmer. Who wants to deal with something as boring as food. We just want to eat it. It can be quite boring subject to study for many people. More and more farmers are now much older then they used to be. "Farmers are longer in the tooth than workers in almost any other occupation. According to the Labor Department, the median age for farmers and ranchers is 55.9 years, second among tracked occupations only to “motor vehicle operators, other,” who have a median age of 59.2." (Danielle Kurtzleben. US NEWS)The sad truth is a lot of them will be dying off over the next 10 years with no one to take over their farming businesses. So supply will diminish as people are losing interest in farming.

As our population grows don't we need to eat? We will need more food over the next 10 years then we do right now. This is a huge problem as our younger generation have no interest in being a farmer. This result will lead to food shortages leading to hyper inflation(spending any amount to feed their hunger). We see the food prices going up slowly every day, but as food becomes more scarce and population grows it will one day sky rocket in price. This is already happening Venezuela. They have long lines of people just hoping to get a little bit of food. Don't be surprised if that person driving around in a nice new Bugatti in 10 years is actually a farmer.

So how do we invest in agriculture/ farming? We can buy land and build our own farms. We can invest through investing in commodities on a forex market. We can find many ways to invest through the stock market like an ETF. Some ETFs hold a bundle of stocks of products needed for farming, to fertilizer, to even the commodity themselves. Or if we like a particular company we can simply buy the stock of that one business. Say we want to invest in a farming company that grows food and sells it, they have stocks for that too. The prices will go up an down, but over long term as the supply decreases and the demand continues to rise our investment in a sector as boring as Agriculture will turn us into Multi Millionaires.

Pictures:
Bugatti- You tube
Warren Buffet- VOA News
Kids raising hands- www.youngpreneur.com
population of the earth- Mr Liu's Opinions - WordPress.com
farming- Climate Vulture
Venezuela line- PanAm Post