Retirement of a giant and the rise of future leaders I looked as if I was a deer staring in the headlights when I opened the news this morning. You see I have been buried in tons of different activities and meetings over the last several weeks as I have been working on locating new partners and authors to contribute to your reading pleasure.

I have not been watching the ‘headlines” as often as I should have been. Yet I’m glad I was able to catch the headline in Barrons. Barrons states “NetJets Pick More Likely to Succeed Buffett”

I stopped in my tracks what Buffet is finally going to retire. [I had often wondered how the richest man in the world would spend his retirement and who would ever replace him? They say that David Sokol will be the new chair person after the departing Richard Santulli as the chairman and interim chief executive officer of Berkshire Hathaway.

So as one giant lays to rest an eon of achievement and accomplishment what will the future hold. This was really not even on my mind when I started this task today. I really was performing an experiment or assignment given to me during the intense meetings I have been involved in. So I decided to look around for a second at what inspired me to write about today.

I looked through all of the financial papers as well as pinging away at my favorite search engine to see what has the ability to grab my attention. Then it occurred to me after I saw Buffet’s headline I wanted to start with the clean slate approach I have been discussing over my last few blog posts.

Buffet has plenty of worries as this transition takes place, sure there will be a period of time for dust to settle. New energy and ideas will resonate as Buffet detaches from the ranks. New management always means change and change isn’t always easy.

So my Aha moment was deciding to change the way we all as a community think about, as well as act about money. I was challenged to choose my target market who I wanted to cater too. Teens, twenties through forties, above fifty, above seventies?

I have always generalized my information to all audiences. Now segmenting would require more change. So here’s the top 3 topics related to 3 different categories but before I begin let me state that “the green back is broken”

The U.S. dollar index is at 11-month lows and shows no signs of turning around. This frightens me to the bone, think about that for a minute Obama has been in for 8 Months now and we have a track record of exorbitant spending as well as weakening purchasing power.

No matter who you are this affects you and your ability to create and grow wealth, sure prices are lower and bargains are everywhere, yet services and products still continue to rise in cost and inflation. So now lets address the categories. As our falling DOW Jones Industrial Average fights to remain alive  we are all faced with more challenges ahead. Time to buckle down and get SERIOUS!

Teen Finance

• I found this site very interesting and informative to teenagers and finance the articles were priceless they covered topics from impulse buying, recession and teens challenges, there were also theories on why money was important.

• Next I decided to venture on to another site which had six theories on financial advice and the important rules to follow.

• Lastly I stopped by another site called the Motley Fool this article was for teenagers about becoming millionaires I find this interesting due to having a two teenagers in my life my Son and my step daughter watching their trends with money and spending are fascinating to see the path they choose to wander and the choices they make.

Parent’s

• Next we look at the teenagers life on fast forward, young parents faced with choices of survival, college planning, and retirement planning – can relate to the market segment most myself. So I found an article written on 9 ways to find help getting organized

• Then we delve right into ways parents need to talk to their children about the “economic crisis”

• Finally we run to the advice column where we look at the costs of child bearing and the importance of education

Retirement

• This article isn’t just directed towards seniors yet since there is a huge demand for medical treatment for seniors I thought I would start here. Doctors visits usually have co pays associated with them and now patients are receiving bills after treatment. Now some are even being asked to pay for the entire process out of pocket costs on the visit.
• The we roll right into retirement planning tips  straight from business week.
• Lastly on this journey w stop and cover issues of senior finance and I find only planning and health care services listed on top for these major search phrases, I know the senior citizen can face financial challenges with medical, trust and estate planning, assisted living and many other areas. Protection from fraud is huge.

So I will stop here and let you stir the info around. Remember that life goes on and we all choose to want a better life the real question is are you willing to choose a better life?Buffet chose a time to hand over the thrown in the worst of crisis and turbulent change, our new leaders will be formed under this rule. Can this giant of giants remain tall and waver through this change or will it fall and crumble. My guess is Warren Buffet made sure he had a foundation for strong growth and strength for change.

My guess is you will mold yourself to model the master and to grow your children with values and respect for currency and cash, to respect credit and to create wealthy lifestyles for comfort and enjoyment.

• These 29 Tips To Help Save You Money Funny how when we look at money, financial affairs and wealth we often overlook some of the most simple things. For example what about cutting back on items or finding ways to save on the purchases of the items or services, I read this article in Readers Digest a couple......
• What’s Your Social Economic Profile You’ve heard the news, read the stories and even seen the victims of devastation as the economic crisis spins out of control. You hear a different story on every channel on the television. A new family crisis, a new company going under and of course a new bailout plan......
• What areas of finance are you looking for assistance with? Product launch date 08/19/2008 Internationally respected company launches new Tranquil Sleep Now program to help people get a better nights sleep. Financial marketeer Ryan Wegman has released his third publication titled "The Pillars of Wealth". For the first time Ryan is revealing his story of triumph over adversity and challenge.......
• Planning your way to wealth 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.......
• What to do after you become wealthy SO you've made it, that "pie in the sky, pipe dream" your friends always said would never amount to anything. You know when you went out to talk with your associates, close friends and family for input or advice. All of your hard knocks, bloody knuckles, sweat and tears combined......

• On Being Your Own Financial Planner I have decided to put my limited skills as a fantasy interviewer into hibernation which will no doubt please many readers.  So I will move on to another subject that interests me and perhaps you:  Being Your Own Financial Planner My Own Financial Planner - In the Beginning With the......
• spooky links, 10-31-07 When I decided to do a weekly roundup, I didn't count on two things. One - I enter a lot of carnivals nowadays. Two - I read a lot of blogs with a lot of articles that I feel everyone else should read. Normally I would highlight a few......
• Retirement Planning After Recession Becomes a Series of Difficult Choices The shock of the investment losses that were sustained from the recession and the stock market crash are leaving many people with a series of difficult choices on how to best save for their future.  Retirement funds continue to dwindle even as the as the stock market makes a slow......
• Subscriber Swap Saturday: No Debt Plan Today Mr. ToughMoneyLove wants to introduce my readers to another personal finance blog that I like to read, No Debt Plan. No Debt Plan is about getting and staying out of debt with a plan.  Kevin, the author, is passionate about budgeting, saving for the future, and using goals to......
• Top five ways to kill your retirement dreams Darren Rowse threw down the gauntlet with another group writing project.  This time it's a Top 5 post extravaganza.  So here's my take on the top five ways you can kill your retirement dreams.Count on anyone to provide for you in your old age.  Expecting a big inheritance?  Medical bills......

We all have our pre conceived notions as well as our reservations towards introducing new people into our lives. Having worked with hundreds of people and charting courses of financial needs and desires, I’ve come to the conclusion that for the people who are willing to take a chance and create beneficial relationships with like minded people, wealth is undeniably certain.

Corporate giants use acquisitions and partnerships to sustain economic exposure and to grow by magnitudes of success in minuscule amounts of time. These same time tested principles can quickly gain you momentum, growth as the ability to weather the storms when tough times exist.

Families can establish family LLC’s, Family trusts, business entities can be formed, and various other methods of entity formation to save you on taxes, asset protection, debt exposure, interest and debt servicing costs.

Along with the reduces liability exposure, you have security of knowing your dollars aren’t all invested into one basket. You get to spread out your capital and diversify your risk to minimize damages and loses due to non-performing tenants or occupants.

Since you have reduced your exposure you feel more confident and your chances of incurring negative cash are eliminated due to the input of your partners you can immediately increase your cash flow position and passive income growth to build a better future faster.

Merge assets with new partners to create even more leverage and gain a faster momentum of wealth acquisition. Creating security and confidence makes life more enjoyable, imagine for a minute having your everyday obligations met in the first week of the month and the rest of the month was pure profit.

Now what if the first week or even day of the month you earned your next 6 months to an entire year’s salary and had your monthly obligations taken care of for a period of 3 months to a year ahead of schedule. This is the true power of leverage, many talk of debt and leveraging money through debt, to be successful you need to transact a system to have reserves before you leverage debt. This way you create the security blanket you need for handling the debt you plan on taking on.

Proper planning is essential for success in any thing that you do. Take the time to learn your new craft, examine the value and benefits of your new relationships. Find common ground outside of your businesses and career paths, this creates bonding and trust within your partnerships. Also this works to create new ventures and new activity towards your desired out come.

Your wealth needs to run with systems, these systems fit together very much like parts to an engine fit together. You must align, adjust and test your machine for optimum output, different part combination’s can create opportunities like you have never seen before. More horse power to your bottom line profits, more torque to get you through the turns, hills and onto the track fast.

Life presents us with opportunity we must be prepared to see it, if you need assistance with creating a trust, or a partnership, seek out Attorneys, Banks, Credit Unions, Custodial Self Directed IRA, Business formation,, seek out a tax professional for advice on structure to benefit your circumstances. This is essential for accelerated gain and compounding, Einstein said that “compounding is the most powerful force in the universe.”

Leverage compounds your purchase power instantly, leverage also create cash flow which in return grow your future at an accelerated rate, cash flow reinvested compounds the compounding effect. Diversification leads to balance and as a hedge to stay the costs of tax and inflation. Leverage lets you diversify, credit added to the mix creates new capital to leverage and reinvest.

The new amount of endless matrix cycles of compounded income streams and profit are assurance of achievement. You must research and seek out the most attractive pieces of real estate, examine your options for quick cash flow, informative news letters on stocks and liquid assets, precious metal and gems, paper or “notes” these items are true value.

Cash flow notes come in many forms, you can purchase and hold for profit or wholesale them to another investor. Business notes are very attractive, their receivables are a residual stream, Any held note becomes security and cash flow. Cash flow can also be created by leveraging your credit cards for capital acquisition. When done correctly the effects are amazing, you can earn an income for a period of time while floating and leveraging the growth and purchasing power of your cash flow.

You have the ability to link your retirement accounts with others for another double whammy in tax deferred or even tax free profits. Your possibilities are endless I’m telling you once you fine tune your finances for optimal performance you can move swiftly to gain and capitalize on your opportunities as you find them.

Understand this rule “the time value of money”, let me explain by asking you a question, would you rather have $10.00 today or $20.00 paid to you for 20 months? You see “cash is king” and this is exactly what that statement means.

You have friends and family to work with, you can even earn a piece of the action especially with real estate if you take the time to source the deal and possibly even do pat or all of the maintenance and repairs on the property of your inclined to a little sweat equity. Bartering with family, friends and co workers is a great pace to start, look into real estate or investment clubs, perform your due diligence before joining.

Listen to their methods and see what other are doing or have to say about who you are dealing with. Examine the tools and support for your area of interest, invest in education and mentor ship, create synergy amongst your relations. When life is this good you simply feel better. Try it for yourself experience the finer side of life, enjoy your time spent out knowing it’s okay you have your necessities taken care of. No guilt, no regrets simply pure enjoyment and simplicity.

• The only investment you will ever need. Featured in todays Money magazine. An article that clearly states the sad state of affairs in our financial planning community today. According to these 7 stocks you must own the average rate of return is huge. A whopping 5.1% per year average across the 6 out of 7 stocks picks......
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• follow the Poor Dad sometimes If you spend any time on personal finance sites, you’ll hear about Rich Dad, Poor Dad. Personally, I would credit it with a tremendous amount of influence on my life since I read it in late 2003. This book changed the way I think about money, about priorities and even......
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