Friday, June 15, 2012

How to Get Rich - Keep it Simple

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 

You have probably noticed many investment schemes being advertised throughout most media sources. There have even been some that have created computer software to help simplify the process.

These schemes and programs have two things in common. First, they all try to make you believe that investing and getting rich is very complicated. They try to convince you that you cannot possibly be successful without buying their product. This is totally not true.

Second, they are all designing these schemes and programs to make money for themselves. I really have to question why these schemes and programs even exist. Let me explain.

Let's say someone developed a complex formula for getting rich that was fool proof and never failed. If this did exist, do you think this person would share it with the world ? Of course not ! They would simply use this formula to amass the largest fortune possible. They would become the richest human on earth in no time at all.

Why Simple is Better

By using a simple set of investment rules and developing a solid investment plan and sticking to it, you should be able to do just as well, if not better, than most of the above schemes. The reason is that you will totally understand what you are doing and why you are doing it. There is no need for complex formulas, because the truth is, getting rich and staying that way is really quite simple.It just takes discipline.

A sample of simple rules are as follows : always keep a minimum of ten percent of your take home pay for yourself and use it for adding to your wealth ; always invest in opportunities that put money in your pocket each and every month ; always invest in good quality investments that have a positive future outlook for growth of both capital and income ; always stay in control of your own investment decisions.

These are just a few samples of the many rules for building wealth that are simple to follow. Many more rules can be found throughout my previous blog postings. Explore now and see how many you can find !

Keep it Simple

Yes, keep your plan for building wealth simple and you will find it much more fun and rewarding than you had ever imagined. Never lose control of your future to someone who is trying to sell you their product or service.If they were truly that successful, they wouldn't need your money now would they.

As always, I welcome your comments and suggestions for future topics.

1 comment:

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