As if Elon Musk wasn’t already popular, his fame soared even higher when he acquired Twitter. The richest man in the world dropped some investment advice for the fans after his takeover of the social media giant.

If there is something about how to manage finances and investments, and no one would know it better than Tesla CEO, Elon Musk. The billionaire took to Twitter recently and shared tips on how to increase one’s wealth.

Since I’ve been asked a lot: Buy stock in several companies that make products & services that *you* believe in. Only sell if you think their products & services are trending worse. Don’t panic when the market does. This will serve you well in the long-term.

According to Forbes, Musk is the richest man in the world with a net worth of $246 billion as of writing this. Most of his net worth is derived from his Tesla stocks and a few other holdings in different companies.

Musk made a massive fortune with those investments so it’s not surprising that he is often asked about how to make that much amount of wealth. Now that he has revealed his secret it’s up to fans to follow his advice or not.

What do you think of Musk’s advice? Let us know in the comments below!

Tags: Elon Musk
Bhupen Dange

Bhupen is a freelance writer for Ringside News and Thirsty For News; he is pursuing further studies in Computer Science. Since high school, he has actively participated in athletic activities, and when he is not playing video games, he spends his time in the gym training, watching movies, and walking his dog outside.

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