Bill Gates explains the key investment to be made in 2023

As long as Bill Gates He talks about personal finances, savings and the economy, you have to listen carefully. After all, the tycoon and founder of Microsoft has a great reputation as a money manager. It is not by chance that he has been the richest man in the world for a long time. On this occasion he has ruled on some of the economic forecasts for this 2023, and has suggested what people should invest in this year.

The year 2022 was marked by an economic crisis that affected everyone in all parts of the world. Rising prices and inflation created a dark picture that could still lead to a deeper and longer recession. For this reason, Gates is clear that the two main investments for any person are the training Y education.

Although Gates has dropped out of college, he urges educate people as a path to success. When recently asked what your best personal financial advice is for people who earn less than $100,000 a yearthe tycoon did not hesitate: “invest in your education.”

-Those who have higher education can apply for better paying jobshence one of the reasons why education is so important, in addition to offering you knowledge, tools and relationships that can help you in the future.

One of the keys to the personal finance advice that Gates offers has to do with ‘optimistic pessimist’ theory. The billionaire explains that “you can only be long term optimistic if it is enough pessimistic to survive in the short The best way to apply this is to save like a pessimist and invest like an optimist.

As for “saving as a pessimist” it gives us a margin that they can reach abrupt and unexpected changes, such as the pandemic that the Covid-19 generated, and that he himself predicted would arrive. That is why it encourages us to always have a good cheap mattress available.

A few months ago, the co-chair of the Bill & Melinda Gates Foundation acknowledged that “five difficult years ahead because we have the debts of the pandemic, we have the war in Ukraine and the economic cycle is changing. At a Forbes event, he also spoke of political polarization and the tycoon justified that “it can end everything.” “We are going to have difficult elections and a civil war,” he added.