Emlyn Scott is the founder of Rich1Percent, investor and wealth creation author. He is a wealth creation and finance expert with 4 post graduate qualifications and has amassed a multi-million dollar investment portfolio.
The 7 Reasons Why Real Estate Is Your Essential Tool Real estate (both residential and commercial property) is perhaps the best way for the average person to generate wealth. There are many reasons why real estate is such a brilliant way to fast-track your wealth plan and why it's so popular with those who want to become wealthy or are already we... Similar Editorial : Real Estate by Dan Auito. | Source : Real Estate Forecast
The Power Of Leverage Will Make You Rich It is absolutely necessary to use leverage if you want to become wealthy. In fact you need to use massive amounts of Leverage. The more leverage you use the more leverage you need to use. Before you think that I've lost the plot and only recommending that you borrow money until you drown under the weight of debt, let me explain myself clearly.A common misconception is that leverage refers only to...... Similar Editorial : Leverage Your Knowledge by mybestseller. | Source : Money Making Ideas
How To Build Wealth The process of creating and calculating your vision statement is a 4 step process:STEP 1: Creating your vision statement:Creating your vision statement should be a soul-searching discovery, not a clinical exercise. Your vision isn't something you can formulate and write in one sitting. You'll create it over a period of time, after much introspection and several drafts.There's no universally...... Similar Editorial : Grow Your E by Derek Wood. | Source : Money Making Tips
Wealth Formula: The Secret To Wealth Creation The Wealth Formula succinctly depicts the components that are necessary for you to create real wealth. The Wealth Formula is shown below:M+K+P+A=WIt identifies four essential wealth creation stages and the relationship between them. These are:Wealth MindsetWealth KnowledgeWealth PlanningWealth ActionIt links each of these four component through the plus sign, +, which signifies that each of the...... Similar Editorial : Formula One by Shaun Parker. | Source : Money Making Tips
Financial Statements : Personal Financial Statements Advice Financial Statements Introduction:Financial statements generally take the form of records of the financial performance of a business. They provide information about the profitability and general financial health of the organisation. A company's financial records usually consist of:* Income Statement* Balance Sheet* Cash Flow StatementAn income statement, also called a Profit and Loss Statement,...... Similar Editorial : Financial Aid by Cindy Heller. | Source : Money Making Tips
Wealth Comes With Understanding Income We all think we know what income is. For most of us it's simply the salary we earn in exchange for our time. More precisely it's the money, or its equivalent, that's received in exchange for labor or services, from the sale of goods or property, or as profit from financial investments. But there's a lot more to it than that especially from the wealth creation perspective.Three types of income:The...... Similar Editorial : Plan For Wealth by Stephanie Yeh. | Source : Money Making Tips
Targeted For Wealth: Create Your Mission Statement Vision and mission statements are written records of your dreams, personal statements of what you want to become, accomplish, feel, experience, think, own, associate with and impact. Your vision and mission statements will give you a sense of purpose, motivation, focus and energy, as well as help you face fear head-on and keep you on track when your journey starts to go off the rails. Their...... Similar Editorial : Plan For Wealth by Stephanie Yeh. | Source : Money Making Tips
Selling Options... Is It Really One Of The Best Ways To Wealth? Warren Buffet has become something of a modern day financial icon. A beacon to the success that can be achieved in the free markets. He has just been officially named as the richest man in the world, worth a staggering $62 billion. His company, Berkshire Hathaway, has beaten the S&P 500 index by 14.65% over the past 30 years. His investment strategy has been closely examined yet few follow his...... Similar Editorial : Selling the Dr by Kelley Robertson. | Source : Money Making Tips
Does Wealth Come From Owning Assets? The traditional definition of assets defines an asset as anything you own that has some monetary value. While this definition is correct and may seem logical, it is completely unhelpful when it comes to wealth creation. For example, the car sitting in your driveway or even the television sitting in your lounge room are assets under this definition. The wealthy are rich because they own lots of...... Similar Editorial : Protect your Assets by Anne And Eddie Mckechnie. | Source : Credit Information
How Do You Estimate Your Normal Retirement Requirements? Standard retirement plans are quite simple and apply to the middle class and to a lesser extent the financially independent. The following process would apply almost entirely to the middle class pension savings only (the financially independent would have extra personal holdings of assets such as bonds, stocks, mutual funds and rental properties):1. Work out when you want to retire, say age 65,...... Similar Editorial : On The Road Requirements by Jim Brown. | Source : Retirement Abroad
Creating Cashflow: Using Covered Call Strategy To Pay You Cash I'll assume in this article that you already have the basic understanding of stocks and options. If not then it would be worthwhile to read about these investments first. The covered call strategy brings together stocks and options to form a third strategy...a cash flow strategy. The covered call strategy has a number of benefits that makes it an essential element of your wealth creation arsenal,...... Similar Editorial : Creating an at by Alien. | Source : Web Payment Processing
How Do You Sell Options To Generate Amazing Returns? In this article we will look at how to effectively implement this strategy to increase your wealth. But before we do it's important to recognize that this strategy offers you the benefit of cash returns and easy access to your capital. Why are these things so important?Cash returns:Let's look at cash returns first. The best way is probably to use a comparison to another investment alternative such...... Similar Editorial : Safe Returns by addi vardhaman. | Source : Sell Endowment Policy Uk
To Pay In Cash Those who want to take the wealth journey need to use strategies like this to give them the cashflow they need to live and invest, which provides you with the freedom to concentrate on finding more i...... Similar Editorial : To Pay In Cash by Emlyn Scott. | Source : How To Handle Finances Pg. 134
