Everyone wants to be rich. Just ask anyone, “Do you want to be rich?” And you’ll get a resounding yes. Anyone can be rich. That’s right. ANYONE. Your neighbor can be rich. Your office mate can be rich. YOU can be rich. The accumulation of wealth is not a circumstance. It’s a choice. In order to become wealthy you have to choose to be so.
There is a formula to wealth. This is a proven system that has been verified many times by multimillionaires around the world. And if you want your wealth to grow all you have to do is follow this system. Money may not be all that matters but it affects everything that matters: health, education, and your relationships.
Now what is this big secret to wealth?
It is this: Ride vehicles to wealth. Yes. It’s that simple! But how? And what exactly are vehicles to wealth?
- Paper Assets. These are stocks, bonds and mutual funds. Most people see investing in the stock market as a huge risk. They think that the stock market is highly volatile and you could lose your hard earned money in a crash. And while this may have some truth to it, it’s not all there is to it. Yes, the stock market is unpredictable. But according to history it has an average growth rate of 18% per year. And what’s great is that you don’t have to be rich to start investing in the stock market. Just set aside 10-20% of your income each month to buy stocks. And in a couple of years you can retire a millionaire.
- Real Estate. This is one of the best investments there is. According to real estate multimillionaire Harv T. Eker, Don’t wait to buy real estate. Buy real estate and then wait. The best thing about investing in real estate is that land never depreciates. From the moment you buy it, the price only goes up. So when you do decide to sell it you can be sure to make a profit. Of course there are many ways to invest in real estate. You can buy an ugly property, renovate it and make it beautiful and then flip it for cash. That’s called retailing. Or you can buy a residential or commercial property and have it leased out. You might not be able to make a lot of money upfront but you can have passive income for as long as you like.
- Franchising. Now if you don’t have much business experience but have money to invest, franchising is the way to go for you. In franchising what you are buying aren’t really the products. What you are buying is the system. When you buy a MacDonalds franchise, for example, the franchisor teaches you everything you need to know about running a MacDonalds food chain. All you have you have to do is copy the system and you can be sure of success.