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Stocks, Business or Property...Which Assets Should You Choose?

Topic: Financial FreedomBy Clayton J. MoorePublished Recently added

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If you want to create financial independence and one day lead the lifestyle you’ve always dreamed of then building your own assets is the only way to do this.

People mistakenly believe that their belongings are assets. But these are in fact liabilities because they cost you money. Your car, your computer, even your home is a liability because it costs you money to live in it because of all the bills you have to pay to occupy it.

Assets are something that actually put money into your pocket and help you to create wealth.
Anyone, even those with no experience of investing, can learn how to create enough assets to achieve financial independence. When you’ve reached this point you’ll have built up enough assets to be able to receive a passive income that comes to you every month, year after year, without you ever needing to work again.
So what types of assets are there and which should you invest in?

1. Shares: whilst there is money to be made in shares, if you don’t know what you’re doing with the stock market you can lose a lot of money very quickly. Whilst many people have made their fortune on the stock exchange, many more have lost it all. Whilst it’s not recommended you use shares to create the income you need for retirement due to the volatile nature of the stock exchange, shares can be a good asset to start accumulating the funds required to invest in other assets, especially if you haven’t got a great deal of starting capital. However, do not jump in too soon to investing in this asset class, as you may get burned very quickly by investing without sufficient knowledge and education.

2. Business: highly successful businesses can build huge fortunes. Look at Microsoft and Google. They started from ideas and then small enterprises that became global billion dollar empires. Aside from the financial gain, it can also be an extremely rewarding experience on a personal level to create your own business where you’re working for yourself. However transforming a great idea into a profitable business can be more work than you ever imagined. If you’re successful you’ll be rewarded in far greater amounts than you could ever expect to receive from working in a job. If you’re unsuccessful, you’ll unfortunately join the 80% of businesses that fail.

3. Property: I strongly advocate that property is the best asset class of all for the majority of people who want to build real long term wealth and financial security. This is because it offers great capital growth potential long term, provides the potential for a rising passive income from rental each year and gives you the potential to leverage the asset by using the equity in one property to fund the purchase of more property.

Best Wishes

Clayton J.Moore

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 has written ‘Your Money Puzzle’ and 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. Also visit my daily blog at http://www.claytonjmoore.com/blog for some great content.

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. Moore

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