A lot of the content on this site is devoted to helping you to find ways to build wealth. As a matter of fact, the primary focus of this blog is creating wealth through investing. I am always discussing investments that can make money but I have never taken a look at the primary reasons for why you should build wealth. Wealth is not just something that you should attain to hoard it for yourself. Money is meant to be used to help to improve areas of society and help others. Let’s take a look at a few of them today. [Read more...]
Building real wealth is a fairly straightforward process. A person simply needs to accumulate assets and shred liabilities. This sounds simple, but in reality most people have a very difficult time keeping free from liabilities. Our current American economy is built upon the concept that people will borrow and spend money on a consistent basis. If people stop spending money on consumer products, then the economy enters into a recession. Everywhere we go in society, we are constantly bombarded from every side by aggressive advertising and marketing campaigns that seek to bilk us out of our hard-earned cash or take on consumer debt in order to buy the latest gadget, automobile, or gizmo. [Read more...]
When it comes to getting rich, people have the wrong idea about what it takes. Lots of people think that you have to win the lottery or start with a whole lot of money. The truth is that getting rich is all about the small choices that you make on a daily basis. I am not going to throw out ideas like skipping the daily coffee and bringing your luck to work. Those have been done to death. Instead let’s focus on a few things that you can do with small amounts of money to start building wealth.
I am always reading stories about celebrities that have gone broke after years of earning millions of dollars. It doesn’t matter if they were sports stars, television stars, or stars of the big screen; they all have one theme in common. They often wind up bankrupt due to squandering millions of dollars frivolously. This may have something to do with the fact that they often receive riches in an instant and not over time. The celebrity life is not as easy as you think. There are lots of other things that go along with the fame and fortune.
A few weeks ago I wrote a list about 5 Men Who Knew How To Make Money Investing. I received a few suggestions from all of you about a few more men that should be on the list. So, today I wanted to take the time to look at 5 more people that have been able to make a fortune due to their investing prowess.
While the stock market is a great place to look if you are trying to make money investing; there are other advantages to investing in stock as well. Shareholders are entitled to many benefits that they may not be aware of. This article will help to familiarize you with a few of the benefits of investing in the stock market.
If you want to learn how to make money investing, then you need to look to the masters of investing. There are quite a few people that have proven that it is possible to build wealth investing in different asset classes. Some would say that these people were just in the right place at the right time. I would argue that it was hard work, consistency, and a dedication to their craft that helped to build their fortunes. Let’s take a look at the 5 men that knew how to make money investing.