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IPO or Pre IPO? Where Do I Learn About Real Estate Investing? | #AskPhilip
Posted
June 11, 2021
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June 11, 2021
29
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7:57Now PlayingWant to learn how to buy a property? Questions about financial literacy? Asking yourself, “What is an IPO?” We’ve got that for you and more in Slidin’ In The DMs AKA #AskPhilip!
#AskPhilip is our weekly segment where our entrepreneur and real estate expert Philip Michael answers your questions on real estate investing, investing 101 and everything in between.
Where Do You Learn Your Real Estate Investing Info?
Funny enough, all of the information on real estate investing that Philip shares is widely available. All you need to do is Google! It just might not seem that way, but in the end all of this information is pretty easy to source. In today’s day and age financial literacy is very attainable; you just have to be hungry for it.
Investing 101 & Pre IPO - When Should I Invest?
Philip Michael says that this is generally asking if a company has value in pre IPO investing. What is an IPO? An initial public offering is how much a company is worth when they first go public on the stock market. But a company might have value before that (like more recently Bumble and Coinbase). The investors got into these companies before they blew up, and came out with a lot of money. So you would want to invest in a pre IPO company before they achieve massive success.
Should I Start Dropshipping Or Real Estate Investing?
This all depends, first and foremost, on your passions. Have you ever heard, “If you love what you do you will never work a day in your life?” Do you think that you’ll be passionate to really work towards success with either dropshipping or real estate investing? What are you passionate about? If you are interested in investing for beginners specifically with real estate investing, Philip recommends going through an FHA loan.
Have any questions about financial literacy or real estate investing? What about some stock market advice? Slide into Philip’s DMs or reach out to us on any social media platform and use the hashtag #AskPhilip.
Your questions just might get answered on the air!
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