When it comes to wealth creation planning is the most crucial element. This requires forethought as well as accountability to your financial advisers, your actions as well as your overall strategy for amassing wealth.

Planning your way means you actually sit and evaluate your past, present and future financial needs. You need to stop and simply ask yourself “Is this where I need to be financially, do I have enough funds at the end of the month left over or am I barely scrapping by? Have I been contributing to my retirement?

This is your first assignment and you cannot I repeat cannot go any further without performing this simple step. I have often wondered why people don’t take the time to make these very important plans in the first place.

Very few people have actually stopped to plan out their needs for retirement or their short term financial strategy either. Most people contribute to an IRA or 401K plan and rarely check to see if the plan is going towards helping their futures. Simply put many people are blinded when it comes to financial planning and making sure that they have enough saved up to cover them in case of sudden financial set backs.

Simple things like ignoring the needed maintenance of a home or vehicle can suddenly cause financial strain when you don’t have the needed funds to cover major repair costs. People live on equity and credit cards as a means of having extra capital available on demand.

This si fine until you realize that the credit cards and interest are eating up every last cent you make. For many this is a true fact and we’ve seen it before especially during the economic crash of 2008. People were loosing everything due to poor financial preparation. Even as the crisis continues people are complacent with what they should do about money.

More often than not families experience pain and short falls of capital which lead to stress, relationship or marital complications and the mental anguish , and eventually a realization of change sets the precedence for the moment.

I have experience this first hand. I know what lies ahead down a dark dusty highway, peril at every twist and turn of fate. Wishing and hoping for a miracle that will never happen until you set the change into motion. Planning takes a little time to asses where you are and where you need to be.

Start with yesterday and today these are simple; do you have a savings account for necessity, one for contingency (emergency) funds, and finally do you have enough cash flow to cover all of your needs starting with your future? If you answered no to any of these questions then you need to stop and implement changes before you go any further.

Next we look towards the future, what is in your current retirement account are you saving every dime you can. You know that the rising costs of food, fuel and inflation will devalue your dollars purchasing power. So what does this all mean? Simply explained you will need to make more money in the future to cover your necessities of today.

Your dollars need to work harder than ever before. If you thing a 10% ROI is s good deal I can prove to you that you need more. More than what you have ever expected. To receive a residual income of say $5000.00/ month your going to need at least $2,000,000 in cash with a ROI of 4% to earn the $5,000/mo. Are y9our needs more than five thousand then adjust accordingly. How are you going to get there? If you had $100,000 in an account with a 10% ROI your money would double approximately every 7.2 years.

Using this formula you can see how long before you wish to retire vs. how long it will take to retire. It would take over 30 years to make the $2,000,000 amount. Are you willing to put in another 30 years to reach that goal or are you ready to make a shift in your habits to produce better results than what you are currently receiving?

Planning your way to wealth is the only true way to achieve the true success and financial independence you have longed for. So take the time to make your plans take the action to realize them and enjoy everything life has to offer by simply taking a look at your financial situation and planning your path to wealth and prosperity.

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When the economy is in turmoil and there is little reassurance that stable ground is hard to find. You’re looking to find a place to lay your hard earned principle down and grow; you want to know that when you make a purchase your value didn’t decrease and liquidate to nothing. Your future is a stake in a high stakes game of survival. It’s a dog eat dog world, best man wins type of situation.

Your fighting the battle between good and evil when it comes your financial affairs. Just like the Roman Empire came to an end with extensive amounts of bloodshed, violence and torture. Warriors went head to head with their opponents. Now you need to put on the same fierce ready for battle attitude and get ready to fight.

Your entire future is at a point where the wrong move will cost you the battle and possibly the war. You can’t afford to make a wrong move. This is where careful strategy, planning, using the time tested arts of war on your investments will not only prepare you for battle; you’ll have the upper hand every step of the way.

Now choosing your battles are a wise method for gaining the upper hand in any situation. You need to in this case size up your own ability in the areas of risk tolerance, emotional stability, willingness to hang in there when the going seems rough. This is where due diligence, preparedness and facts all come into play. You calculate your risk before you ever place a soldier into the battle field.

Next you surround and corner your opponent on all sides knowing there next moves before they do. You also have every obstacle covered due to you cunning. This is where your preparation comes in handy. First your exit strategy, when this event takes place when do you jump in and when do you jump out?

Having an exit strategy before you head into battle also has your future mapped out; you know why you are going into battle you need to know what and when you’re going to get out. Never jump in without an exit strategy. Here is where you factor in your loss risk, inflation, costs of living, tax benefits, liquid access and next playing field options.

You also need to ensure your soldier are strong, conditioned and well trained to endure extended battle; they must have the ability to resist market fluctuation and volatility. The daily bloodshed can wipe out many warriors in a single event if your unprepared. You can never know every single move your opponent will make. You will however be prepared for an ambush, ready to make the necessary adjustments as needed.

Spreading out your warriors is also a very important aspect to a successful strategy, diversifying and hedging are two common ways to reduce the risk. The most common hedge is in the real estate market where you can earn multiple streams of income off of a single asset.

These streams help to produce an influx of new warriors into the playing field which in return aid in the overall conquest of financial freedom. You’ll gain both appreciation and cash-flow although sometimes these can be a break even or negative situation they still aid in your over all financial picture.

A second way to hedge against your enemies commonly known as loss, taxation, market volatility and corporate dissolution or bankruptcy is to recruit a secondary army or multiple cash accounts spread across several sectors in the market place. ETFs and mutual funds are common here. These aren’t your foot soldiers here. They are your chariots, your knights on horse back all converging together in hundreds or even thousands of battles all across the war zone.

Together they fight off the constant rise in living costs due to inflation, food, fuel and taxes. They are the driving force after your foot soldiers have mapped out the terrain and taken surveys of the land topography. Your eye’s and ears in the battle field. They get in, get out and provide the ability to win the war before it’s ever fought.

Then you have the big guns, the Trojan horses and catapults, your long term plans, your future capital. Your retirement, your estate plans and your beneficiaries are all counting on the proper execution of this battle plan. Here is where you need the giants to come in and wipe out your enemy quickly while trampling onto victory without hesitation.

Crushing blow after crushing blow you defeat your enemies growing infinitely stronger as you continue to battle. Collectively your forces are unstoppable even with some inadvertent crushing blows received from an opponent you will be able to withstand them without losing momentum. You need a proven method for winning wars. Just as military history is an essential read for running a business; it’s equally important that you knwo it for your own business of personal financial responsibility.

You owe it to your self to make a stand and stay off the defeated list. In todays economic chaos you can’t afford to sit back and watch your life’s savings become depleted or lose your home in the wave of foreclosure mayhem, mortgage meltdown and credit crunches. Not only that stocks are falling like rocks to all time record lows, employers are cutting back or going out of business almost daily.

Giants who have stood tall through early depressions and recession are crumbling like the Roman Empire did so many years ago. Disappearing into history to never be heard from again. When giants fall you know your safety is uncertain unless you make the changes necessary to protect your self now. Get ready to fight, train with the experts who will guide you in the proper battle techniques and strategies that you will embrace with new found respect and honor. Let’s get ready for war.

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The factors that determine growth and long term appreciation with real estate.

It’s common knowledge that the majority of millionaires come from investing in real estate. If you’ve been around long enough or up all night  you have seen the infomercials claiming vast fortunes in foreclosures, tax liens and deeds and probates.

Unless you have been living under a rock or in a cave you have undoubtedly seen in the main stream media the making an epidemic of the “housing bubble” and the fold of the sub prime lending market.

This wasn’t an unexpected event or random acts that led to these catastrophic events. Instead it was negligence, defrauding of federal lending  institutions and plain old greed from mortgage brokers and loan agents.

If you are a home owner or a landlord faced with these challenges I deeply sympathize with you. We’ve seen the growth and we’ve seen the demise of the industry and the one fact that stands out is no one ever talks about where the wealth truly comes from.

Looking at real estate we can divide it up into three sections “undeveloped raw land”; “predevloped land”; and “developed property”. Further more looking at these three different stages of real estate we can see the costs and profits between them.

Undeveloped land has little cost and low profit potential. Developed property has a high cost and again little profit left when you factor in all of the costs for development.

Last but not least we have the most profitable property which is pre developed land. This unique property has all of the profit potential built right in.

It’s the gap between undeveloped and developed real estate. The hidden profit center lying directly in the path of growth. Growth then in turn drives the value of the real property up.

Let’s take a look at two scenarios to illustrate the example.
Let’s go back in time to an area we all know as Silicon Valley. San Jose 1976 where you could have purchased a nice 3 bedroom 2 bath home for $25,000. Fast forward to today, what is that house worth?

In todays market it sells for  $600,000 to $750,000 a nice 25X to 30X return on your initial investment. Now then to the predevelopment stage of real estate we go back to the same time frame in San Jose where just 5 to 7 miles outside of that nice house where vacant orchard land was selling for $8,000 to $24,000 per acre.

You chose the cheapest land at $8,000 per acre and you purchased three acres for a grand total of $24,000. Again let’s fast forward to today in San  Jose. Do yo have any idea what those vacant parcels of land are selling for? If you can find them.

They sell for $1,500,000 per acre. Since you had three your now sitting on $4,500,000 to $5,000,000 a nice 180X return on your initial investment. That’s 18,000% over 30 years a nice average of 600% per year.

Now then scenario two let’s just say your a new parent and you want only the best for your new child. So you decide to start saving for their college education. You take and sock away a huge $25,000 investment. Where should you invest for the safest and most aggressive growth.

For College Education

What if you had invested $25,000 for your child’s education 18 years ago?
A CD yielding a 5% return per year*
————————$60,165
A Mutual Fund yielding a 10% return per year*
———————–$138,998
California Land yielding a 30% return per year*
———————–$2,811,385
*Note: These are for illustration purposes only and do not reflect any specific returns.

So now coming back to the strategy of long term appreciation you need to understand why predevelopment stages of real estate are essential for growth as long as they meet certain criteria.

There are four key factors that determine growth; they are population density, the local economy and the job market, half price or affordable housing, and the 10 key indicators of a growth path.

These factors are exactly the key ingredients to create long term appreciation in real estate.

All 10 of the key elements of the growth path must be present in order for success to be assured and risk of principle to be minimized or eliminated. These 10 factors of the growth path are as follows.

1) The predevloped stage of real estate must be level, build able and usable.
2)There must be an abundant and accessible water supply for todays current requirement as well as for the next 40 to 50 years.

3)The area must be accessible by freeway, train or air.

4)You must have adequate utilities for future growth.

5)There must be an educational system in place from primary schools through college and universities.

6)You must have a close proximity to a large metropolis.

7)There must also be planned industry and commerce to continue job growth and the tax base.

8)Continued growth of commercial and residential developments.

9)All sources of information should come from authoritative sources not just a random tip from the grape vine.

10)Last but not least there must be master plans for a community in place (streets, roads, sewer, electric and gas).

With all of these indicators in place you can rest assured that long term capital appreciation will prevail. If you miss just one of the key elements you can rest assured this is a recipe for disaster. Learn the science and engineering of a great deal right from the start and avoid the disappointment later.

BIO [ There are many ways of making money in real estate, but nothing makes sense unless you have a road map and a proven method for finding profitable deals. Land banking in California is a “proven formula” that provides safe, high growth, long term appreciation.

When you have a system that locates areas that mimic historical trends of Los Angeles, San Jose and San Francisco you have certainty and control over your financial future.

Get your free 30 minute no cost, no risk, no obligation consultation with Ryan Wegman and Learn how you can do it too.

Goto http://www.ryanwegman.com and schedule your appointment with Ryan Wegman. Ryan is a Land Banking Specialist

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