Starting an online business can create a strong financial foundation. By choosing the right model, like e-commerce or digital services, you can generate steady cash flow. Scaling your business and investing profits in digital assets, like shares and cryptocurrency, can further grow your wealth. Diversify into property and precious metals for long-term stability.
Investing in gold and silver offers two main paths: physical assets like coins and bars, or non-physical options such as ETFs, mining stocks, and cryptocurrencies. These metals are safe havens during economic turmoil but come with storage and insurance concerns. Diversifying with precious metals can enhance portfolio stability.
Multiple income streams are essential for financial resilience. Diversifying income reduces stress, fosters growth, and provides stability. There are eight primary income streams, including earned, passive, and rental income. Assessing and leveraging your skills is key. Effective management and gradual diversification ensure sustainable growth and financial stability.
Each month with my Mastermind Groups we look at different aspects of the economy and how one thing can impact on the other. Strategic Investing is like having a crystal ball and being able to see the future impact on the economy. For example – when container shipping rates are high that will have an…
There are a multitude of knowledge and skills to help build wealth. My formula is build an online business and invest the profits into propery; digital assets and commodities. It’s a simple strategy that offers many ways to achieve the desired results. Formula for Wealth Summit On the 1st June 2024 we’ll be bringing together…
Key Takeaways Memberships offer Memberships offer benefits to members and the business. In this blog we look at some of the benefits from both perspectives. Memberships offer Structure and Flexibility It sounds contrary that memberships offer structure and flexibility but both work within a membership. There is a structure to running memberships and engaging with…
Key Takeaways Einstein described it as the 8th wonder of the world so why do so few people understand the concept or even apply it to grow their wealth. In this blog, we take a look at The Power of Compound Interest in Wealth Accumulation. Compound interest is often misunderstood and not appreciated. Yet, when…
How many times have you been to a wealth training course, learned a strategy for making money and found it didn’t work? You are left feeling disappointed and let down and feel you wasted your money on the training course. In most cases the system works it is just the timing was wrong as all…
You don’t need to read 100 books all you need is action and determination to achieve what you desire. Wealth, Income and Lifestyle are what many dream about but very few achieve. They spend a lifestime reading this or that book trying to find the magical how to become wealthy. The reality is most people…
With so much hype around Bitcoin and how high it is likely to go, have you left it too late to invest in Bitcoin? Bitcoin Acceptance Bitcoin has been a part of many people’s lives since its launch in 2009. But it wasn’t until the approval of ETFs by the SEC (US Securities Exchange Commission)…
