Kim Kardashian is worth $150 million.
Apparently, her husband, Kanye West, took out a $4 million loan just to get Kim's ring.
Yikes!
They are a controversial couple, making the news for what most would call the 'wrong reasons'. But they are smart about it.
Like The Donald, they know what's likely to happen if they say or do stupid or outlandish things. But it keeps them in the press' spotlight, where they do more newsworthy things. It's smart.
But while Kim is rollin' in the dough, her partner has done it a little 'tough'.
I write this to you my brothers while still 53 million dollars in personal debt… Please pray we overcome… This is my true heart…
— KANYE WEST (@kanyewest) February 14, 2016
He's rumoured to have fallen into bankruptcy, despite earning squillions through his music, merch (that's street for 'merchandise') and other promo, bro.
2 stocks fit for Kim Kardashian
As all investors should know, you are likely to be a much better investor if you stick to what you know. This is called your 'circle of competence'.
It's the industry, product or service which you know inside out — better than Joe ordinary.
If you are a plumber, for example, you might use the Sharkbite tool made by Reliance Worldwide Corporation Aus Ltd (ASX: RWC) or shop at Reece Ltd (ASX: REH) on the daily. You'd know better than me if the company's products or services are any good.
If Kim K was in Australia with $150 million to invest, I'd tell her to invest in the industries she knows best.
That could include companies in the retail industry, like RCG Corporation Ltd (ASX: RCG). They sell all types of footwear in Australia and New Zealand. Included in their range is Dr. Martens, Platypus, Timberland, Vans, Saucony and more. They also own The Athlete's Foot.
If Kim put a lousy $10 million in a company like RCG Corporation, she could stand to receive a dividend of $440,000 in the next 12 months — it has a dope 4.4% dividend yield.
Another stock Kim may be interested in is REA Group Ltd (ASX: REA), the owner of realestate.com.au.
According to The Sun, the digs that Kim K and Kanye call home is worth an estimated $14.3 million. That's before the multi-million dollar upgrades. Apparently, the duo also own other — more expensive — places around LA.
She could get a nice place in Toorak (Melbourne) or overlook the Sydney harbour from Bellevue Hill, for that price.
Foolish Takeaway
You don't have to have $150 million to start investing and be on your way to making big dollars. You can start with as little $500 and a good share idea. Like the one below (it's free).
