Are you ready to learn the 6 Steps to Wealth? The first step is to simply have a wealthy mindset, because all wealth does begin in our mind. (I’m going to give you a lot of help there for free when my new website is ready). The second step is to save a nest egg, because you need some money to start investing. Don’t worry about how much, just save as much as you can, sell an asset to raise funds, invest an inheritance, or work extra hours – whatever you have to do to get some money together to invest. The third step is to have a mentor, someone to show you the ropes or how to invest and make money because they have already done it. It’s my mission, passion, and purpose to show you how to build wealth and I’ve done it – you’re in the right place! The fourth step is to find a money engine. A money engine is simply something that grows your wealth. It can be investments (like stocks, bonds, or commodities), it can be your own business, it can be real estate. It can be lots of different things, but it’s the “vehicle” you invest in that’s is going to grow your wealth. The fifth step is to compound at a high rate. The higher the rate you can compound your money, the faster you grow your wealth. I’ll show you how to identify the best places to invest and the right time to own them. The sixth step is to protect your wealth, because you don’t want to lose the wealth you just created. You also want to see if it makes sense to use leverage (debt). A tried and true method many millionaires have used is using “other peoples’ money” or OPM. There is a time and place for that, but you also want to be protecting your wealth and not carry a lot of debt if the economy is close to the peak of a bubble. Get started with Step 1 here: bewealthyandsmart
Posted on: Mon, 09 Jun 2014 16:20:43 +0000
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