Money Secrets of the World's Wealthiest
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If you’ve ever wondered why the wealthy just seem to get richer, while the rest of us slog away at work and never seem to make any serious cash, then keep reading. The secrets of the worlds wealthiest have been exposed and once you understand these principles you’ll see why they seem able to lay on a beach in paradise while their riches just keep on growing.
The basic principle of amassing wealth is the cycle of creating cash to buy assets, which creates more cash to buy more assets. This obviously requires having the courage to go beyond settling for a secure job and expecting your company or the government to look after you when you retire. The key is the acquisition of wealth-creating assets that provide higher-than market returns, with minimal risk and the optimisation of energy, efforts and money. n
But what are these wealth-creating assets? I offer simple steps to creating multiple sources of income from business, stocks, shares and property, which enable an investor to continually accrue wealth. Now you might be thinking this sounds too good to be true, that you’d never have enough money to invest in such things. But I have a step-by-step guide for anyone to multiply their wealth and create a passive source of income so that they too can one day lie on a beach whilst the pounds or dollars keep rolling in. n
Here’s an example of how to get started:
You might be really interested in property as an asset, but don’t have the financial resources available right now to afford the deposit for the property. This can be overcome by channelling your skill or passion in a particular area of your life into a business idea that generates a second income.
Or you might have some disposable income that you could put to work in the stock market with the help of some good strategies in this area. In time you would then build up enough money to be able to purchase your first property. This property may grow sufficiently in the future that you could then leverage some of the equity to buy more property, expand your business, or build even more money in the stock market. You may find that your business has grown enough to provide capital for more business growth, more property investment or more stock market investments.
And at other times, your stock market strategies might earn you enough capital to re-invest and accelerate your growth in the stock market, to fund more property growth and further grow your business. n
Once you have created the funds that you need to provide you with a regular income without needing to work for it, you can then focus on what it is you really want to do with your life.
If you’re truly serious about multiplying your wealth and creating financial independence, then my new book, Your Money Puzzle, will show you how to do it.
Best Wishes
Clayton J Moore n© 2009 Clayton J Moore Ltd
WANT TO USE THIS ARTICLE IN YOUR EZINE OR WEB SITE? You can, as long as you include this complete blurb with it:
Author, Financial Coach and Entrepreneur Clayton Moore publishes the ‘Think Tomorrow Today' weekly ezine to help people gain control over their future financial security. If you're ready to jump-start your finances, make more money, and have more fun in your creating the life you desire, get your FREE tips now at www.claytonjmoore.com
Article author
About the Author
Hello. I’m really grateful for you taking the time to look at my article and how I could help you plan a brighter financial future.
To introduce myself to you I thought it would be best to tell you a little bit about where I started out and why I do what I do today.
I started working for a major UK bank in 1995 and soon discovered that I absolutely loved helping people to make more of their money. This passion led me to set a goal of becoming a Financial Planner within the bank – something that I achieved within a few months. For a few years I loved my job and loved helping people realize that they could do more with their money and create more financially secure futures.
However, after a number of years it dawned on me that the choices I had as far as advising people to create more financial security were very limited within my role as financial planner. I could also see that most of the traditional financial products were quite frankly not working for most people in the way that people thought they would. I realized that the financial products I had been trained to sell by the bank were not creating financial security for people.
I also realized that my very own financial security was at risk long term. Even though I was a member of my company’s pension scheme I had realized that the whole notion of having to work for this company for 40 years in order to receive only two thirds of my basic salary (I was earning as much again in bonuses but these were not eligible towards my pension) for the rest of my life in retirement was just absurd. This just didn’t make sense as a long term financial plan for my life.
Worse than my own financial security being at risk I could also see that there were many people who didn’t even have the so called security of a company pension plan and that for these people they needed to take responsibility for their own financial future. However, most people I came across were either not saving anything at all for their future or, if they were saving, were not putting aside anything like the amount they required to build up even a basic financial security later in life.
My passion for helping people understand the issues surrounding financial security was lit and I decided that I was going to leave my restricted job as a financial planner and start my own business to help as many people as I possibly could create more financial security in their lives.
I also realized that it was now up to me to build up my own resources in order to become financially secure when I retire and so I decided that rather than hand my hard earned money over to financial institutions to save for my retirement I was going to invest myself in assets that would grow long term and create the financial security I desired.
So, my life had turned and I was now a business owner, an investor and financial coach rather than an employee and so-called financial planner.
I have created ‘Your Money Puzzle’ and ‘Mastering Financial Success’, as a way to share my understanding of personal finance and enrich the lives of millions of people by guiding them to create their ideal lives.
I hope I can be of service to you and feel free to contact me at anytime if you need assistance. You can reach me at clayton@claytonjmoore.com
Good luck and best wishes
Clayton J. Mooren
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