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Are You Ready For More Money?

If you are reading this column you are 1) curious 2) ready to start having money or 3) have money and want more. Have we left anyone out? Having money, by the way, should not be confused with making more money through employment. In other words, this is not about asking for a raise, getting a promotion, taking on another job, or winning the lottery. We are going to help you find the value in keeping and growing the money you make. Does that sound attractive?!

In the interest of telling it like it is, let's start with this basic premise: spending does not lead to more wealth. Far too many of us do not value having money. Our minds have been conditioned to spend practically every dollar we make. Why? To show others that we can have whatever we want, whenever we want. Some of us feel a sense of relief from a hard week’s work when we spend our hard-earned dollars. Whoopee do! No one is really impressed by another’s ability to spend. Envious, yes. Jealous, perhaps. But not impressed. What’s impressive is your knowledge of investing, the rational choices you make during up and down markets, your strategy for diversification, your analytical abilities on fundamental and technical research – in essence, your discipline to build wealth.

Since we know that people are more impressed by your net worth than by the clothes on your back, the shoes on your feet, the watch on your wrist, the car in your driveway, and your house on the hill, we are going to help you INCREASE your net worth. We will not advocate for "get rich quick" schemes. We will discuss traditional methods of attaining wealth. Why? Because, like NBC says about TV reruns: "it's new to you," i.e. traditional methods are still new to those who haven’t yet tried them. Topics will include:

bulletFinancial instruments: Stocks, bonds, mutual funds, REITs
bulletInsurance
bulletRetirement planning, 401Ks and IRAs
bulletAnnuities
bulletStock options

We make one promise, with the hope you will make one too. We promise to discuss issues, strategies, products, attitudes and people affecting your ability to gain wealth. We hope you will help your friends, family, colleagues and others you care about talk candidly about money. Discussing your wealth-building strategies will not expose your "personal business." Rather, it will show how smart you are. And the knowledge you share with someone else will come back ten-fold to you and your community.

Thank you for visiting our column. We will strive to provide you relevant information you can use. But we'll only know it's useful if we hear from you. Send your questions and comments to Wealth@smartsisters.com 

 

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