Published on 2013-05-21 08:00:00
Do you think most people have dreams of someday becoming wealthy ?
Do you really think anyone cares how much money you have ?
I don't know the answers, but let's explore the possibilities !
The Big Dream
From my experience dealing with trying to
Published on 2013-05-14 08:00:00
How many people do you think are truly wealthy ?
Do you think wealth is measured merely by numbers in a bank account ?
If you do, think again. Numbers have very little to do with true wealth !
Realize your Right
As an individual born on the plan
Published on 2013-05-07 08:00:00
Do you think Business Owners are richer than you are ?
Do you think you need to work hard at a business to become wealthy ?
Discover a new way of thinking that could change your life !
Why Own A Business
Business ownership is one of the cornerst
Published on 2013-04-30 08:00:00
Do you know what separates a good Real Estate investment from a bad one ?
Do you know how to maximize your future profit potential ?
Discover these three methods to increase your overall wealth !
Profit Building Tip #1
There is one thing you can
Published on 2013-04-23 08:00:00
Do you know a good investment when you see it ?
Can you tell if what the promoter is saying is actually true ?
If you answered no then you had better read on !
The Good The Bad And The Ugly
All investments basically fall into one of the above c
Published on 2013-04-16 08:00:00
What would you do if you lost your job ?
What would you do if you had a sudden major expense ?
Sad to say, but most are never prepared for a major financial setback !
The Big One Is Coming
There will most likely be at least one major financial se
Published on 2013-04-09 08:00:00
Do you think you need to learn everything before you become rich ?
Do you think others have gone it alone ?
Following a good leader can be much faster and easier !
Why Reinvent The Wheel
As a society, we grow because we learn what others have alr
Published on 2013-04-02 08:00:00
Do you know someone who is living in their dream home ?
Do you think they may be wealthier than anyone else ?
Chances are if you do, they are not as wealthy as you may think !
Choosing Your Castle
An old saying once said that a man's home is his
Published on 2013-03-26 08:00:00
Do you believe everything you read on line or in the media ?
Do you really know who is offering their advice to you ?
The truth is you should never blindly believe what you read or see !
Truth or Fantasy
There has never before in history been so
Published on 2013-03-19 08:00:00
Do you know how much money it takes to be rich ?
Do you think the rich care about the numbers ?
Whatever your answer is, it could be just right for you !
The Meaning of Numbers
Numbers in a bank account. Numbers in total assets. Numbers in total
Published on 2013-03-12 08:00:00
Do you know the real truth about buying revenue real estate ?
Do you think all properties will make you money ?
If you answered No, then you are honest on on track !
Myth Number 1
Anyone can be a successful Real Estate Investor ! Those who sell t
Published on 2013-03-05 08:00:00
Is there one thing that is holding you back from creating wealth ?
Is there one big problem standing in your way ?
We all have obstacles that are in our way to creating wealth !
Define Your Wall
Before you can start a plan of action towards creat
Published on 2013-02-26 08:00:00
Do you know how long the average human life span is ?
Do you think you can make a difference towards extending your life ?
Chances are you answered no and then maybe to the above !
Money and Time
Most people work and save their whole working live
Published on 2013-02-19 08:00:00
Do you like paying taxes to your Government ?
Do you think they spend your tax dollars wisely ?
If you're like most, your answers will be a resounding NO !
Waste of Wealth
Published on 2013-02-12 08:00:00
Would you be able to survive if you lost your main income source ?
Would you know what to do if this situation ever happened ?
Sad to say, many individuals don't have a clue !
Hand To Mouth
I am sure you have heard the saying that someone is livi
Published on 2013-02-05 08:00:00
Do you think that investing in the stock market is like gambling ?
Are you afraid of rolling the dice on an investment ?
If you are like many, this is a common misconception !
What Is Gambling
First of all, let me say that gambling is an addictio
Published on 2013-01-29 08:00:00
Do you have a burning desire to own Revenue Real Estate ?
Do you look forward to telling people how many properties you own ?
Before you jump in you had better read the following guidelines !
When it comes to individual Real
Published on 2013-01-22 08:00:00
Do you fit into the mold of everyone else's expectations ?
Do you go with the flow and choose the path of least resistance ?
If you are like most you probably said yes to both of the above questions !
Break the Mold
If you truly want to become we
Published on 2013-01-15 08:00:00
Can you get rich if you keep feeding the wealthy ?
Do you think the wealthy care if you become rich ?
The answer to the above is an absolute NO !
What is Feeding the Wealthy
Feeding the wealthy basically means doing whatever the big corporations
Published on 2013-01-08 08:00:00
Do you want to take advantage of owning Real Estate in your future ?
Would you like
Published on 2013-01-01 08:00:00
Do you know what the most valuable commodity is ?
Do you know what commodity is irreplaceable ?
Chances are you have never thought this way before !
The Most Valuable Commodity
No it is not precious diamonds, it is not gold or silver. In fact it
Published on 2012-12-25 08:00:00
Are you happy with where you are today ?
Are you satisfied that you have done all that you can do to better yourself ?
Chances are you have not consciously thought too much of the above !
Take a Pause
Published on 2012-12-18 08:00:00
Do you know the most important Real Estate rule ?
Do you think the rich neglect to use this rule ?
Chances are you probably don't and no they never neglect this rule !
Number One Rule
Published on 2012-12-11 08:00:00
Have you ever heard of the Korean rapper PSY ?
Do you know of his big Youtube hit "Gangnam Style" ?
Unless you live on another planet you probably answered YES !
Several months ago hardly anyone had ever heard of this group.
Published on 2012-12-07 08:00:00
Do you enjoy the sense of giving during the holidays ?
Do you enjoy going into huge debt over the holidays ?
If you are like most your answers would be yes and then no !
The holiday shopping season is the time of year that will ei
Published on 2012-12-04 08:00:00
Do you feel comfortable in a crowd ?
Do you feel safe from danger if you stay with the masses ?
When it comes to investing, you must learn to stand out !
The Herd Effect
The herd effect is basically what happens when most investors go with the fl
Published on 2012-11-27 08:00:00
Have you ever wondered when was the right time to buy an investment ?
Do you think you can just buy an investment and hold it forever ?
Truth is there are good times and not so good times to buy most investments !
Life is All About Cycles
Published on 2012-11-20 08:00:00
If you have been a regular reader of this blog, you will already know what the very first step to building wealth is.
For those of you who are new, I suggest reading my previous posting entitled " How to Get Rich - The Very First Step" before you co
Published on 2012-11-13 08:00:00
Do you know how to use other peoples' money to grow your wealth ?
Do you think all types of loans are created equal ?
This post is a continuation of my first post on this topic ( "How To Get Rich - Use Other Peoples Money" ) review first post befor
Published on 2012-11-06 08:00:00
Have you ever listened to a negative person complain about everything ?
Do you enjoy the atmosphere created by a negative person ?
A negative person can be a real downer to your life ! Don't be one of them !
Negative is Everywhere
We are all exp
Published on 2012-10-30 08:00:00
Do you like to get a good deal on a product or service that you buy ?
Do you feel good when you pay less for something than someone else you know ?
If you are like most people, you would say Yes to both of the above!
Yes, it is human nature to get a feeling of satisfaction when you know that either someone else paid more or that you were successful in negotiating a price down from the sticker price.
Most people, however, only experience this feeling occasionally when something [..]
Published on 2012-10-23 08:00:00
Have you ever wondered how big corporations ever got started ?
What do you think led to their success ?
Well, all businesses started with an idea and the desire to turn that idea into profits !
Your Life as a Business
Published on 2012-10-16 08:00:00
Do you know the difference between good debt and bad debt ?
Do you know how to make debt work for you ?
The wealthy know the answers to these important debt issues, you should too !
Published on 2012-10-09 08:00:00
Are you worried about losing your job ?
Are you worried about what will happen if you are unable to pay your bills ?
If you are, you are not alone ! This is one of the top financial concerns of individuals today !
Your Main Income Stream
Chances are if you are like most people, your job is your main source of income that you rely on to pay your bills and have a little fun. The reality is, even if you take the necessary steps to become wealth, you are going to need a job for quite some time y [..]
Published on 2012-10-02 08:00:00
Have you ever driven anywhere without knowing where you planned to go ?
Have you ever set out to do a job without knowing the desired outcome ?
Chances are you answered NO to both the above !
Published on 2012-09-25 08:00:00
Do you think you can get rich by paying too much for your home ?
Do you think the wealthy ever get caught on the wrong side of a real estate deal ?
The answer to the above is a resounding NO !
Your Home as an Investment
A common phrase often heard is that your home is the biggest investment you will ever make. I am not sure how this old saying ever got started, but my money is on the banking or mortgage industry. They are generally the ones with the most to gain from you having too big a hou [..]
Published on 2012-09-18 08:00:00
Do you think the wealthy go through life without ever facing challenges ?
Do you think they never have to solve problems to get what they want ?
Of course not, everyone has challenges ! It's what we do or don't do to overcome those challenges that make the difference !
Your Biggest Challenge
The first step to overcoming your challenges is to identify your biggest challenge. What is the one big monster in your life or the biggest elephant on your back so to speak ?
For some it may be digging [..]
Published on 2012-09-11 08:00:00
Do you know what is significant about the number 72 ?
Do you know why it is so important to building wealth ?
If you read my last posting you do !
72 is a Magic Number
Further to my last posting, I would like to explain further why the number 72 is such an important tool for you to use in building your wealth.
As previously explained, the rule of 72 states that if you divide the number 72 by your investment's current rate of return and assuming you reinvest all of your compounding
Published on 2012-09-04 08:00:00
Do you ever wonder why getting rich seems easy for others ?
Do you wonder what secrets they must possess ?
Truth is, they understand the Magic of Money and how to make it work for them !
Work for Your Money
Most people understand that you must get a job and trade your time for money. This is how you pay your bills and maybe someday save for your future.
However, most people do not understand how to turn the tables and get money to work for them. The rich understand this principle very well [..]
Published on 2012-08-28 08:00:00
Have you ever wondered why some people are just so successful ?
Do you really think that they are so much better than you ?
You have the ability to join them, read on and find out how !
When it comes to the path of life, most people have blinders on. The older they become the more set in their ways they become. Unwilling to look at new ideas or ways to improve on what they have already done.
I find this aspect of individuals the most frustrating. For whatever reason, most people j [..]
Published on 2012-08-14 08:00:00
Have you ever wondered how much you have to have to be considered rich ?
Do you know how much you need to have to enjoy a comfortable life ?
Truth is, it isn't really about the asset numbers at all !
If you ask any Financial Adviser or Financial Planner you will get a different number on how much you have to have saved to live the rich life. They all use formulas and future projections to show what they feel you will need to be comfortable.But really how accurate are these n [..]
Published on 2012-08-07 08:00:00
Are you afraid to take a chance on something new ?
Are you afraid of losing money on an investment ?
If you answered YES, then you are part of the majority of investors today !
FEAR is a four letter word that prevents most people from becoming truly wealthy ! To excel at anything you do, you must first conquer your fear ! Fear is generated in the mind and is most commonly associated with doing something new for the very first time. Fear of the unknown so to speak is what stops many peop [..]
Published on 2012-07-24 12:33:00
Would you like to fire your boss ?
Would you like to have the freedom to tell your boss to take a hike ?
I think we have all felt this way at some point in out careers !
Published on 2012-06-29 08:00:00
Have you ever wondered why some buildings crumble during an earthquake while others remain standing ?
Do you think some buildings are built better than others ?
The answer yes, it's all in the construction !
The Financial Earthquake
We all know what devastation an earthquake can cause because it is reported all over the news. Sensationalism sells, the more widespread the better.
The financial earthquake happens more in the shadows and will rarely ever be reported on. This is simply because [..]
Published on 2012-06-26 08:00:00
Have you ever wondered how the turtle has managed to survive throughout history ?
How could such a slow moving creature not have become extinct long ago ?
I believe that it's all in the shell !
Build Your Shell
We could all take a lesson from the slow moving, well protected, cautious turtle. The first part is to protect yourself from all potential financial disasters. Example. loss of a job, loss of health, loss of life for your loved ones future. Get adequate insurance for everything you va [..]
Published on 2012-06-22 08:00:00
What do you think the very first step is to creating a wealthy future ?
Do you think it's landing a good job or winning the lottery ?
Do you think it is marrying someone rich ?
Answer = none of the above
The Starting Point
The very first thing you must do is create in your mind a "burning desire" for whatever it is you want to achieve in your lifetime (financially, that is) You must make this burning desire so intense that you will be able to sacrifice other things in order to achieve it.
Published on 2012-06-19 08:00:00
Have you ever wanted to know everything about everything ?
How about to know everything about something ?
Well, for most it is best to know something about a lot of things !
Why Be a Generalist
The reason that it is best to be a Generalist is that it gives you a wide base of knowledge upon which to build for the future. To know something about a lot of things will make it much easier for you to spot deceptions and to avoid the many questionable opportunities that you will face in everyday li [..]
Published on 2012-06-15 08:00:00
Do you think getting rich takes a complicated formula ?
Do you think that getting rich is just too complicated to bother ?
If you answered YES to the above, you may be quite surprised !
Complex Schemes Just Don't Work
Published on 2012-06-12 08:00:00
Have you ever looked at someone and instantly known that they were wealthy ?
Did this person ooze wealth or was it something else you noticed ?
Chances are, you could be dead wrong on your observation !
Appearance of Wealth
I have seen and known many individuals whom I had thought on first sight were extremely wealthy. Much to my surprise, once I got to know them better, I realized they were far from the wealthy person I had envisioned.
What many individuals try to do is make themselves app [..]
Published on 2012-06-08 08:00:00
Have you ever wondered how wealthy families have managed to keep their wealth throughout history ?
Have you ever wondered why some family member didn't go crazy and spend it all ?
The simple answer is education !
Learn to Teach
It's great to have the goal of getting rich and making lots of money. But have you ever thought of how much good it is going to do if you lose it as fast as you get it?
In order to have the most benefit for yourself and your loved ones, you must learn how to retain y [..]
Published on 2012-06-05 08:00:00
At this point you should be well on your way to building your income producing portfolio.
Hopefully, you have been able to find a few good quality investments that you can be comfortable with.
If not, don't worry. It may be that the time is just not right to take action. Don't be afraid to keep building your cash (in your money market fund ) until the time is right or you become more comfortable with the process.
Don't Feel Rushed
You should never put yourself in a position where you feel ru [..]
Published on 2012-06-01 08:00:00
Have you ever invested in an IPO only to see it falter ?
Do you even understand what an IPO really is ?
Be careful when looking at any IPO for your future !
What is an IPO
Let's start by defining what an IPO (short for Initial Public Offering) really is. An IPO is created when a privately held company wishes to go public and start selling shares of it's organization in the public market place such as a stock exchange.
In order to do this, the organization creates the IPO and establishes a r [..]
Published on 2012-05-29 08:00:00
Have you ever heard of the 50 - 12 Rule for Income Investing ?
Chances are, if you haven't been a frequent reader of this blog, you never have !
Published on 2012-05-25 08:00:00
Have you ever heard someone say that their friend is giving them good investment advice ?
Or how about "my financial adviser is a good friend of mine" !
I have heard this term so many times I can't remember !
What is a Friend
A lot of people you meet use the term "friend" very loosely. Some seem to think that everyone they meet is somehow a friend. This is just not so, especially in business.
A recent story in my local media illustrates this point. An elderly lady who had a substantial sum [..]
Published on 2012-05-22 08:00:00
Have you ever wondered what would happen to your home if you just stopped paying your property taxes ?
How about if you never again paid a mortgage payment ?
I think you know the answers !
Ownership of Real Estate
People often say "if only I owned my home" or "if only I owned several rental properties" , then I would be rich.
Well, let me tell you one thing straight up. No individual can ever truly own real estate. Well, at least not in my previous experiences. Let me explain this before yo [..]
Published on 2012-05-18 08:00:00
Have you ever bought an investment with the intention of never selling it no matter what. ?
Do you think it is good for you to fall in love with an investment ?
The resounding correct answer to the above questions should be no !
Investing is Business
Yes, you have to look at investing as a business. You are doing it to make a profit and that is the bottom line.
No other investor out there cares if you make or lose money. They are in it for themselves and that is it.
You must look at each in [..]
Published on 2012-05-15 08:00:00
Dreams are what define us as individuals.
The actions that we take to work towards achieving those dreams are what make us.
Most of us can say that we had many dreams and visions of out futures when we were young. However, as life goes on and we get caught up in out everyday lives, our dreams can often get cast aside.
This is very unfortunate and even tragic in some cases. Many times people are even discouraged by those who claim to love them. In reality, these discouraging i [..]
Published on 2012-05-11 08:00:00
Everything in life involves some degree of risk. Every day you wake up it may be your last. Who knows, accidents happen when least expected.
The world of investing is no exception to this rule. Life is risky no matter what you do. Even by not investing you are taking a risk, yet most people don't even realize that.
The Risk of Doing Nothing
Let's say you are very good at saving but never invest the savings. Instead, because you don't trust banks, you stuff the savings in a mattress and sleep [..]
Published on 2012-05-08 08:00:00
Do you understand what yield on an investment really means ?
Do you understand how to optimize your investment's yield ?
Published on 2012-05-04 08:00:00
You should now have opened your on line brokerage account and set up your Money Market Fund to deposit your savings into.
It may take some time to accumulate enough (at least $5,000.00) to make your first long term income producing investment. However, now is the
Published on 2012-05-01 08:00:00
Have you ever wondered how the rich continue to get richer no matter what ?
Even in bad markets they seem to prosper, that is true.
One of the biggest mistakes many individual investors make is they don't know their position on each individual investment. They don't develop a plan with each investment prior to investing their funds.
The experienced investor knows exactly how much of a gain and or income he/she wants before making the buy decision. They basically have a plan of wh [..]
Published on 2012-04-27 08:00:00
Hopefully you have been following my advice and started saving at least ten percent of your income and placing it into your savings account.
Once you have saved enough to cover your emergency reserve (at least three months of your current living expenses) plus an additional one thousand dollars, it is now time to look for ways to convert these extra savings into an income source.
The simplest way to start would be to open yourself an online brokerage account with a local bank or other financia [..]
Published on 2012-04-24 08:00:00
Have you ever been able to smell a good deal a mile away ?
Do you have the natural instinct to sniff out a good deal ?
If you are like most , the answer is unfortunately no.
It takes Work
Yes, it really does take a lot of work to find the right real estate deal. If anyone tells you otherwise, their nose is likely too big ( like Pinoccio )
Published on 2012-04-20 08:00:00
Have you ever wondered what the future will hold for yourself and your family ?
There are many that would like to know the future.However, this is not a realistic thought.
The truth is whatever will be will be. The future is not ours to see.
Protect What You Have
To protect our future wealth and the wealth of our loved ones, we must take the proper steps today to ensure
Published on 2012-04-17 10:17:00
Have you ever heard the saying that you don't know someone until you walk a mile in their shoes ?
Take it a step further and you can really get to know someone if you wear their slippers !
The second statement is something I learned when training to be a financial adviser. Basically, it means that you really have to get to know a client before you can help them the most.
On the surface it sounds like a good thing to get to know your client very well before offering financial advi [..]
Published on 2012-04-13 08:00:00
Have you ever gone to buy something and ended up spending much more that you wanted to ?
Were you sold add on items from a persistent salesperson ?
I have, and I know many others that have as well.
The Real Truth
The simple truth is that these add on items that sales people push on their clients are very good for them. They normally pay out very high commission rates to the salesperson. Even worse, their employers rank their sales staff according to how many add on items they sell. They make [..]
Published on 2012-04-10 08:00:00
Would you rather have money in your pocket now or wait until the future ?
Most people will say that having money now is the better option ! They will be correct.
Take Money Now
When I say to take money now instead of waiting until a future date, I am not implying that you should not be saving for your future. On the contrary, you should always be saving and investing to increase your future wealth.
What I am saying is that if you are presented with the choice of having a lump sum of cash or [..]
Published on 2012-04-06 08:00:00
What is the one thing that everyone on this planet has the same to start with?
No, it's nor money ! Some are born into wealth, many more are born into poverty.
The one thing that is the same is your time clock set at zero and counting.
The Most Precious Commodity
The most precious commodity that each person has is time. Time is something that can never be replaced. Once it's gone, it's gone forever.
Therefore it is imperative that we make the best use of out time we have. Don't put off unti [..]
Published on 2012-04-03 08:00:00
Have you ever heard the term that someone is acting like a dog with a bone ? Or have you ever seen a pit bull let go of anything without a fight ?
Well, we could all be a little bit more like that pit bull or a dog with a bone in general.
What Does That Mean
What I am trying to say is that whatever may be standing in your way to achieving a goal find a way around it, through it, over it or under it. Don't let it get in the way of where you want to be.
All challenging obstacles can be over [..]
Published on 2012-03-30 08:00:00
Do you think the world's wealthiest individuals did it all by themselves without the guidance of others ?
Many have admitted the fact that they have gained their inspiration and guidance from others that have been successful in their lives. They have then patterned their lives around these individuals teachings.
Today, the average individual has such a great opportunity to gain knowledge through the internet age. Previous generations had to look a
Published on 2012-03-27 08:00:00
Are you afraid to make a change that will effect your future ?
Do you expect to become wealthy without working for it ?
If you answered YES to either of the above questions, chances are you will never become truly wealthy.
Conquer Your Fears
The first step to taking on any new venture is to conquer your fears. You will never be successful at anything if you are too afraid to take that first step. To conquer your fears you must first learn all that you possibly can about what you are plannin [..]
Published on 2012-03-23 08:00:00
Have you ever wondered what it would be like to see into your future ?
Unless you are a fortune teller or have a magical crystal ball in your closet, chances are you will not be able to actually see into your future. Why not then do the very next best thing. Visualize the future you would like to have.
Yes, imagine being in a place you want to be and having everything you want to have. This is a fun exercise that everyone should try. It won't cost you anything except a little bit of [..]
Published on 2012-03-20 08:00:00
Debt is a very ugly and scary word for many individuals.
As mentioned in a previous post, there is good debt, bad debt and really ugly debt. Review my previous post "How to Deal with Debt- - The Good The Bad and the Ugly" to refresh your memory.
This post will concentrate on the Good Debt, the debt that can be used to help accelerate your building of wealth.
My definition of Good Debt is simply a form of debt that allows you to deduct the interest on your income tax. Most commonly [..]
Published on 2012-03-16 08:00:00
When you work for an employer, how often do you get paid ?
Most of us would say every two weeks. Some would say twice per month. Which of these two payment options would be the best for you ?
Yes, once every two weeks is better. This is because you have your money sooner and can spend it on whatever you need to or want to much sooner. If you have a regular savings plan you would be depositing funds more often (two more deposit per year actually) which will grow your savings at a faster rate.
Published on 2012-03-13 08:00:00
Would you like to know everything there is to know about investing and the world of finance?
Of course you would. We all would. But in reality, you will never know everything there is to know.
The reason, of course, is that in the world of investing, things are constantly changing. What worked last year, last month or even last week, may not work this week.
You therefore, must be constantly updating your knowledge with new trends and ideas. In essence, to become truly wealthy, you must never [..]
Published on 2012-03-09 08:00:00
Do you think you are smart enough to get rich ?
I have seen individuals who feel that getting rich takes a lot of smarts. They feel that you must have an I Q
above a certain level for instance. They feel that financial topics are very complicated and impossible for the average individual to thoroughly understand.
It is true that our financial industries have developed products and services that have become quite confusing to understand on your own. You are therefore told that you should use th [..]
Published on 2012-03-06 08:00:00
The B Stuff ! Budgeting that is. The most important part of any financial plan.
Without a budget, or guideline, nothing can be done in order to create wealth and ensure financial freedom.
It takes time to initially develop a budget as previously described in my post entitled " How to Start Saving - Time for the B Word " If needed, review this previous posting before proceeding.
Time is a commodity we only have so much of. We often find ourselves short of time and always in a hurry [..]
Published on 2012-03-02 08:00:00
Many people go through life being comfortable. They don't want to step outside their so called comfort zone to take a chance on improving their position.
I suppose it's human nature that we all take the path of least resistance in everything we do. We don't like confrontation or others challenging our way of life. We have a tendency to go with the flow so to speak.
Toss the Comforts
In order to truly get what you want out of life, you have to sometimes step outside of your so called comfort [..]
Published on 2012-02-28 08:00:00
Income tax time is soon approaching in North America.
Many individuals will be investing in their government tax deferred savings plans. They do this mainly to get the tax deduction on last years' tax return.
The focus of advertising for these plans is geared mainly at the tax savings and to provide a retirement income for your future.
Published on 2012-02-24 08:00:00
Wealth is a funny word. The word means something different for everyone. No two individuals will give you the same answer when asked for their definition of wealth.
In reality, wealth is a destination. It is usually defined as something you don't yet have but really want to have. Perhaps a new car, boat, yacht, etc. Maybe it means to be able to travel here, there and everywhere. Everyone wants something different.
What is Your Definition of Wealth
To define what your definition of wealth is [..]
Published on 2012-02-21 08:00:00
Spread your Wealth. Don't put all your eggs in one basket. Diversify. Spread your risk.
Whatever you call it, don't invest too heavily in any one investment !
Just as you should develop many sources of income, you should also develop many forms of investments to provide that income.( and gains down the road of course ).
Why Spread the Wealth
By not investing too heavily in any one investment, you will be protecting your future wealth building efforts from a potentially devastating loss.