coming soon!

Coming soon!
How mortgages work! 2 essential questions when applying for
a loan! What banks don't want you to know! Why world economy
and not bank economy! Why invest! Beauty of compound interest!
and much more......

why invest first before you make more money?

Well.... here's a neat idea that most people
are afraid to put into action:

A lot of times people say: "well how can I
invest if I don't have any money" "All my
money goes to pay my bills" or "I'll invest
later when I have more money"....wrong....
U see I got my cell-phone cut off because I
didn't pay my balance last month (I bet
Roger's pissed) why I didn't? Well simply put:
I payd my self first: I took 200$ and started
my first investment portofolio. Of course I'll
pay for my bill but I'll be a bit late.
See most people pay everyone first: the government,
the creditors, bills etc. and oh so often they put
money away. Most times they don't have any left.
It's a bad habit if you ask me to give you'r
money away to people that you don't even know.
Questions, comments.....this is just a start
followed by self-discipline and proper money
management and it feels good baby!

Basically here's my plan

Step 1: Start investing money (to begin with 200$/month)
suggested:RRSP's at 10% rate of return (now since they
are registered that means they are tax-deffered) for 35 years.

Step 2: Start making more money: How? well now that's a secret.....
e-mail me if you want to find out more about generating passive
income. In a later post I will explain the difference between
passive and linear income.

Step 3: Diversify my investment portofolio every 10,000$

Step 4: To achieve a net worth of 2,000,000$ in the next 2 years.
By the time I'm 22.

Step 5: Continuously educating myself financially.
It's a learning game. You know what they say?
Applied knowledge is power.

Step 6: At 10,000,000$ net worth start a money management
firm (mutual fund).

Step 7: At age 30 to completly be financially independent by
achieving a net worth of 100,000,000$.

Step 8: To have money working for me!

Step 9: As I progress: to aquire essential skills to become
succesfull: such as sales skills, marketing skills, leadership
skills, management skills etc. It is a learned process.

Step 10: Work smart now so that I won't have to work hard
later.