Why Wealth Requires Strategic Planning? Master Investor #wealth
An investment strategy is the first step on the path to financial independence.
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Recall that accumulating wealth is a process that often is mechanical, dull and boring.
Action is necessary to realize financial goals.
There are no short cuts to wealth; we must work smart, and broaden our knowledge of finance.
Bonus: At the end of the article we will discuss six qualities to become a true leader. Remember that in order to become successful at business and investing we must be way above average from the rest of the entrepreneurs and investors.
The average Joes and Janes of the world remain after excluding those who were born into wealth and those who won the lottery. Now, some of these regular Joes and Janes work 9 to 5 jobs to make ends meet, while others have succeeded financially and are leading the lives they want.
Saving is a fraud
Yes, exactly. If we know someone who is financially independent, it is unlikely that they saved their money. Because we know that money is no longer real money. Savers a re losers because if they are only saying the money without an investing plan for that money then the money will constantly lose value for them without multiplying itself like it is done for true wealth. Great debtors are winners in today’s economy that is run and powered through debt.
Today money is created with debt. Money is debt and a full currency. We must understand that true wealth is build with debt. Money is an idea backed up by confidence.
As we become inside investors, we gain financial knowledge. Through some practical experience, we learn things that we otherwise wouldn't be able to. We make errors and grow from them. As we gain more experience, we continue to make mistakes.
The reward is the journey
Even more significant than the final objective is the journey we take. That's the secret.
The true value is found in who we become as a result of all the experience, learning, and errors we make along the way. Consider any opportunity to improve our financial literacy as future financial gain.
The journey is the reward and the road is worth it because of that payoff.
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