Archive for Wealth Building

2007 Year of the Golden Piggy Bank

In my previous article, “Wealth Building Thru Gold Investing - It is All About Supply and Demand” I stated that Asians have a strong affinity for gold and as Asian investors become wealthier their ownership of gold will increase. The sheer number of potential Asian investors buying small amounts of gold will create an unprecedented demand driving the price of gold higher. The following provides additional support for my position.

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The Truth About Wealth

I could sum up the truth about wealth in one sentence. Wealth (and I’m speaking of financial wealth) is NOT something that a person can gain; it is something that is transferred.

And though many continue to pursue it, until they reach this understanding, it will always elude their grasps.

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Time for Dollars - No More

An individual who asked us what we do was astonished when hearing how we actually live. What seemed to bother her was the absence of regular paychecks and not getting a regular rate. The idea of working frenetically for several years in order to have passive income to ultimately support us for the rest of our lives was lost on her. Ironically, this person’s profession was real estate agent — another paid-by-the-deal career in which enormous financial returns are possible for the extremely motivated few who put in the effort.

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