|
Do You Want To....
Create Wealth, Minimizes Taxes and Increase YOUR Cash Flow?
It is not about the Money!
It's about what you do with the Money and how it can work for you.
In order to Create Wealth you must start with an Asset add Interest after that Compound it, and then season it with time.
Okay, you may ask where do I get the Asset to start?
I am sure you have heard "Buy Low and Sell High". Well, here's an even more important element Arbitrage.
Let's start from the definition. The Economics Glossary defines Arbitrage opportunity as "the opportunity to buy an asset at a low price then immediately selling it on a different market for a higher price." If I can buy an asset for $5, turn around and sell it for $20 and make $15 for my trouble, which is arbitrage. The $15 I gain represents an arbitrage profit.
Arbitrage is the lifeblood strategy of most, if not all, Financial Institutions. Depending on the Money Market, Banks and Credit Unions are anxious and very willing to pay depositors two-, three-, or four percent interest on Savings Accounts, Money Market Accounts, or Certificates of Deposit. Because they are confident that they can invest the money or loan it to you at a higher Rate of Return than the cost of the funds, thereby turning a profit. The difference is Arbitrage, profit to the Bank. Banks are in the business of Arbitrage. You may earn 5 percent on your Bank CD and have to pay 7 or 8 percent to borrow your money from the Bank.
You may ask:
What is the Asset?
When buying Property the Asset is "Leverage". Leverage is something you use every day - very likely without even knowing it. And I'm not just talking about prying the lids off paint cans with a screwdriver. Each time you buy something on credit, make a House Payment or a Car Payment you are using Financial leverage.
While a Home may be worth $1 million, with today's Interest Only Home Loans, you could actually live in it for just a few thousand dollars a month. You are giving yourself the ability to control something Big, or own something very expensive, for a relatively small amount of money. That is leverage.
Once upon a time, paying off a Home Loan made sense. But today, it's foolish to own your Home outright. The Past is not the present and things have changed. Indeed, today's economic environment makes it clear that you should put as little a Down Payment, if any, Refinance to remove as much Cash as often as feasiable, and never pay Principle.
Currently, most people who aren't investing in Real Estate are stopped by doubt and FEAR.
They may want to invest in real estate, but each time they consider taking action, they come up with an obstacle or a core belief that keeps them from moving toward their dreams.
According to The Millionaire Real Estate Investor by self-made millionaire and Real Estate Investor Gary Keller, most successful real estate investors have had to overcome certain beliefs that later proved to be unfounded.
PERSONAL MYTH #1: "I don't need to be an investor. My job will take care of my personal wealth."
TRUTH: History indicates that few jobs pay enough to create true financial independence
PERSONAL MYTH #2: "I don't need or want to be financially wealthy. I'm happy with what I have."
TRUTH: Financial wealth offers greater opportunity to care for yourself and others, and that is something most everyone wants and needs.
INVESTING MYTH #1: "Investing is complicated."
TRUTH: Investing is as complicated as you make it.
INVESTING MYTH #2: "All the best investments require knowledge most people don't have."
TRUTH: Your best investments will always be in areas that you can or already do understand.
INVESTING MYTH #3: "Investing is risky. I'll lose my money."
TRUTH: Investing and gambling are not the same thing. Investing, by definition, is not risky.
INVESTING MYTH #4: "All the good investments are taken."
TRUTH: Plain and simple, every market, in every time, has its share of good investments.
If you're interested in investing, but you have doubts about whether or not investing fits in with your current financial program, it's best to consult with a qualified and reputable Real Estate Asset Manager who can assess your financial situation and put you on a plan that targets your goals.
As you begin trying to accumulate Wealth remember, The Rules of Money Have Changed. As with any financial program, gaining clarity on the facts is always the best place to start.
Our Equity Management Strategies Based on the concepts of many of the brilliant Financial Minds of our time, including...
| |
 |
"10 Great Reasons to Carry a Big Long Mortgage", |
|
|
|
and by Bestselling author Ric Edelman "The Lies About Money"
|
| |
"Stop Sitting On Your Assets" by Bestselling author Marion Snow
|
|
and Douglas Andrew's best selling book series
"MISSED FORTUNE 101"
|
|
|
And "Last Chance Millionaire"
|
|
|
And Douglas Andrew's first book "MISSED FORTUNE"
|
|
Douglas Andrew - Cornelius Vanderbilt vs Amschel Rothschild
|