WEALTH BUILDING TIPS AND TRENDS

Do you ever dream of what being wealthy would be like ? Do you ever dream of specific things that you would like to have ? Truth is, we all have dreams but it is how we focus on them that matters ! Dreams of Your Future Life Dreams are something that nobody can ever take away from us. They are the inner workings of who we are and where and what we want to be. Many wealthy individuals today started out with nothing more than their personal dreams and desires. No matter where you come from, your dreams and desires are just as important as anyone else. Never let anyone tell you otherwise. You and your future are what matter the most to you. The first inner step of becoming successful and/or wealthy is to never let go of your strongest dreams and desires. You must keep feeling and living these dreams as if you were living them today. Make these dreams a part of your everyday life and your life will become full of passion for your desired future. Divide and Grow     You

Do you invest in companies that hurt other people, animals or the environment ? Do you even know how your investments impact the world ? Chances are if you're like most you don't have a clue ! Know What Your Money is Doing Most people invest blindly in companies that they would not necessarily support if they knew how they operated. Investment recommendations are most often made solely on economics and have absolutely nothing to do with morals. Unfortunately, the world operates solely on profit. Most of the time a company will put profits ahead of people, animals and the environment. The reason being, there is extreme pressure for a business to stay competitive in order to survive in this world's uncaring business environment. It is therefore an investors' responsibility to dig deeply into a company's operations to explore their moral conscience. It is your responsibility as an investor to separate the good from the bad and the downright ugly. This inf

Have you ever heard of the new Bitcoin currency ? Do you think it would make a safe and secure investment ? There are things you need to know before taking the plunge ! What Is The Bitcoin The Bitcoin is basically a fairly new form of electronic currency that has no ties to the central bank of any country. It is being promoted as a way to eliminate foreign exchange charges when transferring funds between countries. On the surface it is shown as a way to make purchases on line from any country without having to calculate currency conversion rates and bank charges etc. This does seem to be a very good idea for certain purchases and money transfers between countries etc. But is it safe and how much will it actually cost you in the end ? Dangers of the Bitcoin It seems that no one really knows who controls the Bitcoin market. Also, the value of the Bitcoin can fluctuate wildly and the reasons seem difficult to understand. I looked at the terms and conditions of a compan

Do you love buying great gifts for your loved ones over the holidays ? Do you love spending time with your family and friends ? Which of the above do you think is more important to you ? Holiday Hoo Haw It should be no surprise that the upcoming holiday season is big business for big business. It is the time of year that all investors watch to compare one retail store to another. It is the time of year that will either make or break any retail enterprise. Whatever your beliefs are, the sad truth is that the holiday season has become all about making profits for the big retail corporations. For many individuals it has become all about buying the biggest and best gifts. These same individuals are even willing to go into huge debt to satisfy the craze. Remember The Santa Grinch ?  Last holiday season I wrote about the Santa Grinch which is basically someone who gives like Santa but saves like the Grinch. It is very possible to give thoughtful gifts without going into hug

How rich do you think you would be if you could travel back in time ? Do you think you would be able to correct all your previous mistakes ? Chances are things would probably be a lot worse than they are today ! Opportunities And Time Most opportunities in life are very limited to a certain time frame. Once everyone catches on, the opportunity no longer exists. If everyone could travel back and forth freely in time there would no longer be any opportunities. This is because everyone would try to correct past mistakes. What an ultimate mess this could create ! It is a very good thing that time travel is something only in science fiction. I cannot imagine the endless paradoxes that people would create to better their own lives. Things are bad enough today when we can only travel in one direction at a fixed rate. The reason that opportunities are created is that only a limited number of individuals are able to react to changing conditions through their gained knowledge and i

Do you think anyone can really predict what the future will be ? Do you think the wealthy have an inside track on future trends ? The truth is, common sense can go a long way to predicting future probabilities ! Future Trend Analysis  Future trend analysis is basically sitting down and trying to visualize what the future may be like. In order to do this, you first must be current and up to date with the way the world is today. In order to keep current, you must get out and observe as much as you can about your surroundings and what other people are doing. Big corporations and other wealthy individuals spend a lot of time and money researching what the future may be like. The average individual however, does not have the time nor the resources to compete in this way. But in this modern age, the average individual does still have the ability to do their own research in a much more cost effective way. They can use the power of the internet to research almost anything they want

Are you afraid of losing your main income source ? Do you think the wealthy have no protection against financial disaster ? Learn how to protect what you have today ! What Are Financial Disasters  Financial disasters come in many forms. From losing your main income source such as your job to becoming gravely ill or disabled leaving you unable to work. Even your untimely death can leave your spouse and/or other dependents without a means for their survival. What many fail to realize is exactly how fragile yours and your loved ones financial position in life really is. Reality is that most people will never protect themselves properly from the above possibilities or other potential pitfalls. We must all be aware that any of the above situations can happen to any of us at any time and most likely with little or no warning. Protect to Build Wealth       You could work for years and save for your future. You could live day by day making just enough to pay your bills. These

Are you afraid of doing something different for fear of failing ? Do you think success comes without taking some risk ? If you are afraid of something it may mean you are heading in the right direction ! Define Your Fear It is human nature to fear the unknown. It is normal to have a sense of fear when you are trying something for the very first time. However, this fear could be your sign that you are growing. Many become afraid and decide to stop what they are doing because their fear takes over. They fail to realize that their fear can actually be a good thing. They slip back into their comfort zone because they see their fear as a warning sign of danger instead of a sign of personal growth. Don't get me wrong, there are times when your fear should be paid attention to in order to prevent physical danger. However, there are other times when your fear is simply of the unknown. You must learn to define your fear before you can move on. Moving Past Your Fear If you f

Do you think it is always a good time to make an investment ? Do you think there are good times and better times to invest ? Truth is, there are times when you should not invest ! Financial Brainwashing Explained The financial world is full of advise. Financial planners, brokers, insurance salesmen, etc. They will all tell you the same thing. They all tell you that you should have all of your money invested all of the time to get the most out of your investments. Truth is, they are all wrong. There are times when all investments good and bad are just too expensive to ensure you a good profit. Then why do these so called experts tell you to keep buying ? Sadly, because it is better for their business. A continuous supply of new money is what makes them prosper. Higher commissions on higher volumes of assets under management. The average investor simply does not know any better. They believe what the so called experts are telling them. Ask yourself this about your financial

Are you one that falls prey to a good sales pitch ? Do you think the wealthy ever fall victim to a good pitch or line ? Truth is, even the wealthy are sometimes caught by a smooth talker ! Modern Day Prospectors In the old gold rush days prospectors used to prospect for gold. They used to buy up supplies, picks, shovels and other equipment to help them in the quest for their fortunes. Would you believe me if I said there were more prospectors today than in the gold rush days ?   Chances are that statement is true but in a much different way than in the old days. Modern day prospectors use different tools, even the tools of modern day technology. They use telephone solicitation, door to door solicitation, email spam and even personal contact and relations. I am sure you have had encounters with many of these prospectors already even if you are unaware. The modern day prospector is prospecting for sales for whatever product or service they are selling. Their modern day terr

Do you know what emotion causes investors to lose the most money ? Do you know how to avoid making mistakes based on emotion ? Read on to find out how to profit from Human Emotions ! Two Emotions That Fuel Markets The stock market can be a great place to make a lot of money. It can also be a place that many can lose a lot of money. The reason many lose a lot of money is because of human emotion. There are two emotions that cause individual investors to make the wrong decisions at the wrong times. These two emotions are fear and greed. When stock markets are soaring and everything is going up , up, up every day, people get greedy and keep buying long after they should. Many lose sight that things can and do go down very suddenly. Once the market starts to go down, these same inexperienced investors start to become fearful believing that they could lose everything. This often results in panic selling far beyond what is rational, driving the markets down even further. Fear

Do you think the wealthy are in the dark about new trends ? Do you think they are stuck in the past with old ideas ? The answer is no, the truly wealthy are on top of all new trends and developments today ! The Past Is History Many ideas and good investments of the past may no longer be relevant today. The time for buying a good investment and holding it forever is slowly fading away. This is because the past is history and the pace of everyday life today is increasing at an alarming rate. People are no longer satisfied with things the way they were, at least not in the developed countries of the world. If you don't believe me just look at the cell phone industry for example. It seems like almost weekly there are announcements of new hardware, software and most commonly new apps. Would you invest in a typewriter company today if one even existed ? If you don't know what a typewriter is, then my point is proven. Look it up on Wikipedia. Even companies that used to

Would you like to make 1000% or more returns on your Real Estate ? Do you think these types of returns are even possible ? Truth is they are and it's not that hard ! Defining Returns First let's determine what a return on investment (ROI) really is. This is a term that you hear all the time but many have no clue of it's real meaning. Would you believe me if I told you I have made infinite returns on my Real Estate investments? Probably not, but I have. Let me explain. ROI or Return on Investment is defined as the amount of profit divided by the amount of money invested expressed as a percentage. For example if you made $1,000.00 on a $10,000.00 investment, your ROI would be 10%.  Now let us suppose you made that same $1,000.00 without investing any money of your own. Any number divided by zero gives you infinity. In this case your ROI would be infinite. How To Invest Zero It is all in your perception, but Real Estate promoters advertise all the time about i

Do you waste a lot of your time doing non productive things ? Do you get caught up in today's many distractions ? Many do, but you must try to limit these distractions ! Time Distractions Time is something that once it is gone you will never get back. We all have only so much time in a day and week to accomplish our goals and dreams. How you spend your time is vital to your future success. I am sure you have all heard of the latest craze Candy Crush Saga, the mobile game app that is catching the world by storm. This is a great product for the developers and the mobile phone companies. It is estimated to rake in over $600,000.00 per day each and every day. I wish I had a piece of that income stream. This is an example of the latest in the many of today's distractions. My prediction is, because there is so much money to be made, we will see many more of these types of distractions in the future. Focus Your Time   In order to limit the many distractions we much l

Have you ever been afraid of doing something because it is too risky ? Do you think living with risk is too dangerous to your future ? Truth is, risk is a vital part of getting ahead in life ! What Is Risk Risk is defined as the potential negative impact of any decision you make. There is risk in everything you do or don't do. Life is all about risk. If you decide to be safe and lay in bed all day because life is too risky, think again. You will be risking becoming lazy and obese and be more likely to attract health problems. When investing, if you stick to safe low yielding investments, you will be risking that your money will be worth less in the future due to inflation and taxes. Risk is everywhere and can never be avoided. Managing Risk Now that we understand everything has risk, how do we use risk to make the best future decisions ? Well, this is the tricky part and everyone will be different. Everyone has a different tolerance for risk. Generally, one has

Do you think everyone who promotes investments is honest ? Do you think others will always look out for your best interests ? The sad answer in NO, many focus on their own greed first ! Greed Promotes Corruption The sad truth is that wherever there is money there is an influx of greedy individuals looking to capitalize in whatever way they can. This includes shady or downright dishonest individuals that simply do not care who they hurt in order to satisfy their wants. It is human nature that everyone wants more out of life. Everyone will develop different ways to try and achieve this desire and some will choose a life of dishonest or even criminal activities. Luckily the vast majority of individuals are honest, but how do you know which ones are not ? How do you avoid the smooth talking shady individuals ? Beware Promises of Huge Gains The shady individuals tend to play on the prospects' own individual greed. They look for individuals who want to make a fast buck an

Would you like to get paid right away from an investment you make ? Do you think waiting for a rise in value is the way to become wealthy ? Truth is, Income Investing is the safest and most profitable ! What Is Income Investing The definition of Income Investing is investing in a product that will put money directly in your pocket as soon as you buy. You will not have to wait for some future date when you hope your investment rises in value to cash in and make a profit. Some Income Investments can actually pay you both ways ( money directly in your pocket every month or quarter and profits from Capital Gains once you eventually sell ) Why Is Income Investing Safer Income producing investments are generally much safer investments than those that don't pay regular income. The reason being is that the business you are investing in must be profitable in order that it can pay you cash every month or quarter. Simply put, if it were not profitable, it would not be able to

Are you afraid to make a mistake that will ruin your financial life forever ? Do you think the wealthy never make mistakes ? Truth is, mistakes are common but not life changing ! Fear of Trying One of the biggest obstacles to building wealth is the fear of trying something new. In order to grow in any facet of your life you must learn to try new things and to take the odd chance that something new will work out. Of course not all things you try will be successful. However, if you never try, you will never know if something would have worked for you or not. Most people "sit on the fence" so to speak and never take the necessary action to try something new. Don't let that be you. Get Off The Fence  Yes, get off the fence. If you have been thinking of trying something for a while now, ask yourself why you still haven't taken action and given it a try. Your most likely answer will be fear or the lack of knowledge to take the first step. If your answer wa

Have you ever heard of investor burnout ? Do you think the wealthy work every single day ? The key to maintaining wealth is to enjoy your success ! Why Do We Build Wealth Building wealth is not simply making your numbers bigger. The real reason we build wealth is to improve our lives. Well, at least that should be the reason. What good is having huge numbers if you don't take time to enjoy the benefits those numbers bring ? Financial Hoarders A financial hoarder is an investor that is too afraid to spend some of their wealth on enjoying their life. They are continuously building their number for whatever reason. I am sure we all know someone that fits this description. I suppose these hoarders get the satisfaction of seeing their numbers grow, but I personally think life is all about balance. By not enjoying a portion of their wealth today, they may never enjoy it at all. Health problems can and do arise suddenly and sometimes without much warning. I have seen th

Do you know what one of the biggest threats is to your wealth ? Do you think most people understand the impact ? Most people have no clue how much their own governments steal from them ! The Biggest Threat To Your Wealth One of the biggest threats to your future wealth building efforts are the politicians and governments of your country. Most governments if not all are extremely inefficient in the use of their funds. Or should I say in the use of your funds that you are forced to pay them in the form of various taxes. If most people were given a choice, they would prefer to keep all of the money they earn. But unfortunately much of the world's population does not have that choice. They must pay part of their money to their governments or face going to jail. We have come to accept this as a normal way of life. But should we ? It's true governments often provide essential services for the taxes that are paid. But the one weakness of governments is that the top prior

Are you comfortable with the life you have today ? Do you think being comfortable is the best way to become wealthy ? If you do, think again ! Being comfortable is a huge roadblock to building wealth ! The Comfort Syndrome How often do you hear the rags to riches story being told ? There is a very good reason why this change in position is so vital to one's success. The more comfortable one's life is when they are growing up, the less motivated they are to make the big changes that are needed to become really wealthy. When one comes from poverty there is also much less to lose on the way to building wealth. They have not been used to life's comforts so they don't know any better. Growing up in a comfortable environment where you are used to having basically everything you need makes a person extremely lazy. You merely have to do the bare minimum to maintain your comfortable lifestyle. You do not want to risk your comfortable lifestyle by taking the risks you

What do you see when you look into the mirror ? Do you see the type of person you really want to be ? If not, you had better read on ! Mirror Mirror Mirror, mirror on the wall. Who is the fairest of them all ? This old line from one of the Disney classics is something you should give a try from time to time. Let me explain why ! Most of us should have a mirror we can look into. In fact, if you're like most people it is something you do daily without giving it any thought. But do you really look deeply? Probably not. Ok, this may seem like a crazy post, but please bear with me. What you see in the mirror is what others see as well. On the surface it seems it is all you have to work with. But is it ? Not at all ! What Do You See When I look into the mirror I see a person, sometimes happy, sometimes sad. But above all I always see the person that has made or will make the biggest difference in my life. Whatever actions that change my life are made by th

Do you know how important time is in growing your wealth ? Do you think the wealthy have more time than you do ? Yes, the wealthy actually do have more time. Read on to find out how ! Why Time Is  So Important When it comes to investing, time is extremely important. Simply put, the sooner you start building your wealth the more you will have. Think of yourself as saving a fixed amount of money every month. The more months you do this, the more money you will have. Go to the tools page on this site under the savings calculator. Run through a couple of examples and see what the outcome is. You may be amazed. The sooner you start your wealth building plan the more time you will have to grow and enjoy it. Ideally, you should start your plan right after high school or college, with your very first job. Before this point is even better if you can. Time is on your side. There are 525,600 minutes in each and every year plus an additional 1,440 minutes every fourth year (leap ye

Do you know all the different ways you can make money from Real Estate ? Do you think the truly wealthy ignore any of these income streams ? Chances are you don't and no they never ignore all the income streams ! Building Real Estate Wealth Real Estate offers the average individual an abundance of opportunities to add to their wealth building efforts. There are three basic forms of profits from Real Estate investments. Many investors do not realize how to maximize their profits in all three ways from one single investment. Let me show you all three ways so that you can decide how you will maximize your profits. Profit Builder #1 This first way of making money in Real Estate is what most people look at when buying a property. It is a thing called Capital Gains. It basically means you buy a property, do some repairs or renovations and sell it for more than you paid for it. Some call it flipping and depending on the market conditions during your hold period, it can be qui

Do you want to be so rich you will never have to worry about spending money ? Do you want the best of what money can buy ? These goals and many more are all possible by following these 3 simple rules ! Rule #1 - Patience is a Virtue The real truth is that building enormous and lasting wealth takes a bit of time. Do not fall prey to all of the making money fast schemes because they simply do not work. If you don't believe me just ask yourself one question. If someone found a way to make gobs of money fast and without effort, why on earth would they share their valuable information with others no matter what the cost ? The answer. These promoters are hoping to make money from you and others that go along with their schemes. If they were truly wealthy themselves, they would not need your money. If they were sincere about helping you they would do it for free. Rule #2 - Develop Your Wealth Building Plan All businesses have a plan of action with goals that they want to a

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 help individuals to better themselves, most just want to have a comfortable life. Many individuals don't believe they will ever some day be wealthy. For whatever reason, becoming wealthy is simply not important to them. The fact that you are even reading this blog means that you most likely have bigger dreams than most. You likely don't just want a comfortable life, you want something more. If I am right, you have come to the right place. This site is designed to propel you above the average and work towards whatever dreams of wealth creation you may have. My philosophy is that the bigger you dream the more you will achieve. If you never have a big dream and work towards achieving that dream, what could you possible

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 planet earth, you are equally as important as any other individual and don't let anyone try to tell you different ! As a part of the international world community you have a right to become whoever you want to be. You have a right to do what ever it is that you see in your dreams. The problem is many of the so called wealthy try to repress others into thinking they are somehow less important than those with numbers in their bank account. Nothing could be farther from the real truth. True Wealth True wealth has nothing to do with numbers in a bank account. True wealth is all about what is inside you that drives you to become a better person and to help the world community in a way that you will be remembered by future generations.

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 cornerstones of building wealth in a market economy today. There are many benefits from owning your own business. A few of the main ones are as follows :  Time Leverage -  you can hire others to do the day to day tasks which frees up your time to make more money. Control of your future - You control your business and how it operates, therefore you are not relying on someone else for your future prosperity. Capitalize on Opportunities - You can research new and additional ways for your business to increase it's profits. And So On ........ To sum it up, business ownership is a must if you truly want to become wealthy. Many Business Owners Not Wealthy Ok. There are many small business owners that are simply slaves to their business. Many

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 never change about a Real Estate investment. Location. No matter how hard you try to fix up a property, if you buy in the wrong location, you will lose. Whether you are buying a property for revenue or for your own use, always consider the location first. There are reasons that properties in poor locations sell for much less. Because nobody wants them. Nobody wants to live in an area with high crime or high industrial pollution etc. Start your property search by determining what areas are best for reselling later on. You always want to have an exit plan before you invest in anything, even Real Estate. If you can't get out, you could be stuck with a real mess. Profit Building Tip #2 Once you choose the area or areas you want

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 categories. Good investments are ones that have a proven track record of increasing income and growth for their investors. Ideally, they pay out income either monthly or quarterly. They are also very easy to buy and sell if your plans should change or the investment starts to struggle. I call it the easy in and easy out principle, others call it liquid. Bad investments are ones that have not yet proven their value to the investor. They generally do not pay out a regular income and the value of their shares fluctuate wildly for a multitude of reasons. They are sometimes promoted heavily by brokers and others in the industry. They are quite often new companies with new products that are promoted to revolutionize the world. They play on i

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 setback in your life. For some, there may be many. But how do you know when they are coming ?  The simple honest answer is you don't ! The very first step in protecting for the big one is to realize that it will happen. You cannot realistically expect to go through life thinking everything will go your way. Instead expect the unexpected to happen as it most likely will. Now how do you go about preparing for this inevitable event ? Choose Your Shield Strength    First you must decide how strong a shield you need. In other words, how much money you should set side to  be used for emergencies only. My suggestion is to set aside enough money to pay all of your living expenses for a period of three to six months. Your actual amount w

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 already done and start our personal growth from there. We do not go back in history and learn every little thing there is to know in order to achieve our goals. Many inventions are merely a new way to do something that has already been done. A simple improvement or modification that no one else had ever thought of before. The very same rules can be applied to building your wealth. You do not need to learn every little aspect of wealth building before you can begin. Why reinvent the wheel so to speak. Instead, climb on the shoulders of someone successful and simply do what they do. The biggest problem here though, is how do you know who is really successful and who is merely trying to sell you a product ? How To Find Your Leader T