The perpetual money machine
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The armor shield of protection for your self and family protection must be impenetrable to enemy forces. A Trojan horse of strength and attack, An M-1 tank in resistance strength, and the agility of an aerodynamic fighter jet, your first line in defense against attack of ones livelihood or survival. It’s a jungle out there you hear them say. Yeah you’ll get eaten alive without the proper intelligence, information resources and specific operations objectives to achieve total market infiltration and penetration. You need your resources to be a rock solid foundation essential to your success.
Wealth is first and foremost practical knowledge of money its normal applications and a systematic way to manipulate its value by strategically purchasing a position whether whole or partial percentage, in the form of a set negotiation of price and terms or in options on a position to buy an item for pure speculation of appreciation growth and cash return value.
Sometimes fixed return as well the common adjustable or variable rate. The same rate that you pay in interest charges to any institution via the form of currency trading or bartering services like mortgages, credit cards, personal loans and vehicles to name a few; department stores, instant credit services, seminar finance, education funding, equity investments all different types of leverage for different reasons of the same action, the purchase of goods and services of perceived need and value. These rates are the investing companies return on investment. A percentage of the funds go to the bank that extended the money for the loan the remainder goes to the brokerage or wholesaling finance company profits and operating expenses.
In this equation we have the ebb and flow of money through influxes of gains, returns and capital appreciation along with the outward revenue streams. The wealth cycle has to become a two fold process where your earning strategy will exceed your current needs and your planning strategy performs at the required levels of growth to hedge against future cost increases in living, medical care and commodities purchases.
Supply and demand are two major influences on costs of money, risk as well as stability of borrower (money requestor) and well as the item of purchase. Your objective in this mission is to discover what your wealth cycle is; are you a positive builder or a negative consumer. Your perpetual money machine needs to be built to meet and exceed your costs of living. In this mission your mental agility and awareness are going to be put to the extreme test, your physical being and spiritual strengths and commitments will be challenged to the extent of their capabilities.
Your suit of armor needs to be developed to harness your true strength as well as the growth and complexity of your estate. Here are your vulnerable points, your weak spots can be in the areas of tax exposure, over extension of credit, overdraft charges, identity theft and fraud, health condition, low or loss of income for daily requirements, fatigue, asset protection, improper budgeting and accounting just to name a few.
Proper education, continual learning, future requirements, date of retirement preparedness are other factors you’ll need to take into consideration. All of these factors are very real in today’s economic “instability”; I quote “instability” for two very good reasons. As accurate as the news gets for me I have to look at both extremes of a situation to find some commonalities or conflictions with.
It does not matter about the state of the economy or the global economic factors. What matters the most is you; your wealth structure, and the fact that your intuition is a great indicator you can trust and the knowledge that you have acquired that numbers never lie. In good times or bad times a great deal or opportunity that meets your needs and requirements is always a great deal, so you acquire it for a great deal’s price. Your wealth grows at a more rapid rate due to more opportunities.
Proper diversification will always offset severe market fluctuations that prevent you from losing huge amounts of money in the case of an overactive market sector. Non traditional investment vehicles and asset classes are better choices for greater wealth accumulation with reduced risk exposure. Again your wealth is up to you no matter what.
If you’re cash strapped you can use leverage to help grow your wealth at a faster rate. For example if you had $100,000 and you lost the bulk of it due to improper market choices, and your remainder was $19,000 you could roll it out of your current employer’s care and place it into a self directed IRA for ease of use and control. From this stand point you can join IRAs together for combined purchases or in real estate more commonly known as TIC or “tenants in common;” way to leverage money without debt for greater acquisitions and growth capabilities. Wealth can always be grown back again it may take time yet the principle of wealth will always be the same.
Once you have this system set up you can reinvest both principle and earnings back into new growth opportunities, like a business, a new piece of real estate property, T-Bills, Annuities etc. You can grow also by way of credit availability, savings from income, combined credit and capital wealth will grow exponentially over time. Continual care and nurturing will reshape your future horizons.
Your wealth machine is one item you must have to free yourself from the nine to five grind. You don’t have to give up your day job to do it either it’s actually easier if you don’t. You allocate new savings to future growth, combined with starting a new profitable hobby and grow that passion into fun and profits. You add new streams of income into the mix gradually growing them into rivers of cash as the mountainous glaciers of frozen hard to find wealth start to melt into your pools of profits.
Your money machine perpetually gets larger and larger stronger and stronger as your army of income soldiers fight off the enemies called inflation, taxation and income depreciation. Your troops are at your beck and call fighting for a better future, growing the protection for your future generations so they don’t have worry about the fight. Your money machine becomes a superpower of good in the epic battle of good vs. evil.
Just imagine a war on poverty, scarcity, financial illiteracy all headed up by you and your passion of quality of life. Getting mad is the fire to fuel the fight, getting even is the sweet taste of success. The best revenge is living well. Your decision to get out of debt and build a prosperous future starts with a vision and a desire so will your army of wealth generation soldiers become more real as you plan and grow your strategies of wealth creation. The force will be so immense and strong nothing will stop you.
Your strength comes from knowledge, desire and a willingness to learn and change, your machine will come alive when the time is right, your vision of a wealth cycle should clearly show two opposing forces. Earned Income from a job or business with or without passive income will be the inner circle of your wealth attack the core of the machine. Then the growth of assets to replace and exceed your current income and financial requirements will follow in the plan to quickly obtain and grow wealth.
These are essential for growing wealth; income from a job won’t make you wealthy on its own, unless you stay focused and execute a plan of attack to grow your passive income. This is fine yet slow unless you started while you were living at home with your parents. When you implement the perpetual money machine you create new income and profits into your life which grow your wealth faster than you could if you just rely on your standard salary. Your exit from the rat race is just around the corner then suddenly BAM!
Your vision of financial freedom came true, you see your day when all debts are gone and you live in a 100% cash growth world. The rays of sunshine focus on you and you feel as if you’re on the top of the world. Your future is bright, a rendezvous with the reality of stress free living is scheduled and your ship has set sail. No more silliness and immaturity when it comes to your money, your machine keeps you inline and operates like a precise time piece. Just like clockwork the functions required daily, weekly and monthly happen without fail. If your sick or on vacation the money still comes in and worry gets farther away from reality.
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