Tuesday, November 11, 2008

Face The Facts: Part IV

I have read literaly 100's of financial books, subscribed to numerous publications and have found that the amount of information you get is not only overwhelming but contradicatory !

Traditional wisdom that is out there will keep you confused and poor.

Most eperts tell you to skip your coffee at Starbucks, invest the $3.50 you pay on a daily basis at 10% interest and 40 years later you are all set. Where can you get a 10% return today? Why wait 40 years? Who wants to keep gambling on the stock market?

It is important to be careful of how you spend your money but you won't get rich doing this.

Most of these so called experts make their money selling their books or newsletters,not by implementing what they are recommending.

Very few people have not been affected by the recent stock market crash. Even Warren Buffet, the guru of investing, recently lost 10 Billion dollars. Don't you feel better already. Imagine losing 10 Billion dollars!

No matter what your age is you can make it by taking a different path. Almost all wealthy people have made their fortunes from having their own business. You cannot take advantage of the tax system in the United States if you are not operating a business.

For those of you who are already business owners and are going through hard times, don't despair. You already have a wealth of knowledge to draw from.

In today's challenging economic times, there are still innumerable opportunties for generating wealth.

Having your own business provides you with legitimate tax advantages as you build your business.

Stay tuned for more.

Jacques
CreatingWealthThatLasts

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