How to Quit Your Job (and Make More Money): A Wealth Secret of Millionaires

What would you say if I told you could quit your job today without losing any of your monthly income, or perhaps earn even more? You'd probably laugh in my face, right? I know it's a claim that seemingly defies all logic. However, when you learn how to use your money differently, what was impossible becomes reality.

It's not an instant process, but with the proper training and the help of a good team, anyone can learn how to do it. It's called "Asset Allocation."

Your Assets are things you own that are worth money. In financial terms, this includes your home's equity, IRAs, current stock portfolios, mutual funds and savings, and more.

Asset allocation is exactly what is recommended in my book, The Millionaire Maker. It's worked for me, (I'm now a multi-millionaire), and it's helped hundreds of people move from dead broke to millionaire, sometimes in as little as nine months. n
** Pulling back from the brink **

Let's look at a real example of how powerfully it can change lives. The Leonards were a family of four from Oakland, Califo
ia. Mary and Mike Leonard owned their home, but they had two sons in high school nearing college, a relatively modest savings, credit card debt, and no financial plan for the future. To top it all off, they were being threatened with the loss of Mary's job.

After consulting with the Leonards to get a solid picture of their current financial situation, which I refer to as one's Financial Baseline, me and my team came up with a plan for wealth for the Leonards. Although this plan included other steps, a large part of what ultimately turned around the Leonard's financial situation was the reallocation of their existing assets.

It was suggested that the Leonards use some of the equity in their home and their IRAs, and money from their savings, stocks, and their mutual funds to invest in more aggressive, cash flow producing assets. This would then create more cash with which they could reinvest into even bigger cash-producing assets down the line.

Of course the Leonard's first reaction was one of great resistance. But they were also on the brink of ruin, so they decided to trust Loral's strategy, which is tried and true.

"By simply reallocating a little more than half of the family's assets, they more than replaced Mary's monthly income of $2,080 a month with a passive income of $2,620 a month. Additionally, by buying assets with depreciation and expenses that, once the family's entities were structured could be written off as expenditures against the revenue, Mike and Mary would retain much more of their savings."

In other words, with some well-guided asset allocation, even if Mary lost her job the Leonard's would still come out ahead. It's a classic example of the power of passive income. And asset allocation is often one of the best ways to start generating passive income. "Although there are many financial advisors who may scream that there is risk involved in taking money out of one's home, I believe it is much less risky to actively manage your investments than to "park and pray."nn** And what about you? **

Would you like to leave your day job and make the same amount of money (ornmore) than you're making now?

"The secret to building wealth is investing in assets that create more assets," says Loral. "The Wealth Cycle TM. requires wealth acceleration that goes beyond traditional investment options, such as stocks and bonds and mutual funds. It requires direct asset allocation into a broader spectrum of opportunities to build an active and continuous escalation of cash flow and appreciation.

Investing is a lifelong process that you should begin as early as possible and manage throughout your life. It's the process of continually building your asset pool. As you become more sophisticated, you will reallocate those assets to get higher and higher returns."

Creating the Wealth Cycle TM doesn't happen over night. But when your seeds start to bear fruit, it's truly the "making more by working less" thing that so many people think is out of their reach. But anyone can do it. You simply need to be committed. Get educated about your investment options, and attain the proper guidance. Because becoming a millionaire never happens in a vacuum.