Comments on: What is the best strategy for creating income AND wealth? http://mastermindingwealth.com/what-is-the-best-strategy-for-creating-income-and-wealth/ Sun, 20 May 2012 16:04:16 +0000 http://wordpress.org/?v=2.7 hourly 1 By: jim m http://mastermindingwealth.com/what-is-the-best-strategy-for-creating-income-and-wealth/comment-page-1/#comment-424 jim m Tue, 31 Mar 2009 18:57:39 +0000 http://mastermindingwealth.com/what-is-the-best-strategy-for-creating-income-and-wealth/#comment-424 <a href="http://mycaffeinatedcontent.com">Create a video blog</a> First pay off debt second spend money to earn money (cds,stocks,houses, forex,businesses) third reinvest the profits if you do not need them.. if you need them you can spend them but DO NOT SPEND THE ORIGINAL MONEY... profits only as you accumulate more money add to existing money to earn money Live off the earnings live modestly spend wisely Create a video blog

First pay off debt
second spend money to earn money
(cds,stocks,houses,
forex,businesses)
third reinvest the profits
if you do not need them.. if you
need them you can spend them but
DO NOT SPEND THE ORIGINAL
MONEY… profits only
as you accumulate more money
add to existing money to earn money

Live off the earnings
live modestly
spend wisely

]]> By: hawks1690 http://mastermindingwealth.com/what-is-the-best-strategy-for-creating-income-and-wealth/comment-page-1/#comment-423 hawks1690 Tue, 31 Mar 2009 08:49:42 +0000 http://mastermindingwealth.com/what-is-the-best-strategy-for-creating-income-and-wealth/#comment-423 <a href="http://mycaffeinatedcontent.com">Website content</a> Hi, If you visit the following site it contains tips advice and resources to help manange you're finances and create you're wealth. Thanks Website content

Hi,

If you visit the following site it contains tips advice and resources to help manange you’re finances and create you’re wealth.

Thanks

]]> By: Marvin M http://mastermindingwealth.com/what-is-the-best-strategy-for-creating-income-and-wealth/comment-page-1/#comment-422 Marvin M Sun, 29 Mar 2009 05:04:03 +0000 http://mastermindingwealth.com/what-is-the-best-strategy-for-creating-income-and-wealth/#comment-422 <a href="http://kansieo.com/members">Caffeinated Content</a> Educate yourself. Start by absorbing books on wealth: The Bible (Proverbs) Think & Grow Rich - Napolean Hill The Science of Getting Rich - Wallace D Wattles (I like the updated version - The S.O Getting Rich Book) The One Minute Millonaire - Robert Allen/Mark Victor Hansen The Automatic Millionaire - David Bach & Get a mentor. Caffeinated Content

Educate yourself.

Start by absorbing books on wealth:

The Bible (Proverbs)
Think & Grow Rich - Napolean Hill
The Science of Getting Rich - Wallace D Wattles
(I like the updated version - The S.O Getting Rich Book)
The One Minute Millonaire - Robert Allen/Mark Victor Hansen
The Automatic Millionaire - David Bach

&

Get a mentor.

]]> By: Kym Worthy Is My Hero http://mastermindingwealth.com/what-is-the-best-strategy-for-creating-income-and-wealth/comment-page-1/#comment-421 Kym Worthy Is My Hero Sat, 28 Mar 2009 20:54:13 +0000 http://mastermindingwealth.com/what-is-the-best-strategy-for-creating-income-and-wealth/#comment-421 <a href="http://kansieo.com">Wealth</a> You create income by earning an honest living and by living below your means. Don't get into credit card debt. You create wealth by investing at the very minimum 15% of your income in a well-diversified portfolio consistently over all the years of your working life. This is a very simplistic answer, and you need to see an investment professional so he/she can analyze your needs and your situation and prepare a plan for you. Find a fee only certified financial planner. Ask people you know for referrals. That's the best way. Interview several before you make a decision. Wealth

You create income by earning an honest living and by living below your means. Don’t get into credit card debt.

You create wealth by investing at the very minimum 15% of your income in a well-diversified portfolio consistently over all the years of your working life.

This is a very simplistic answer, and you need to see an investment professional so he/she can analyze your needs and your situation and prepare a plan for you. Find a fee only certified financial planner. Ask people you know for referrals. That’s the best way. Interview several before you make a decision.

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