Wealth Building Articles

Finance » Wealth Building | By Kevin Kiene @ Wednesday, 20th December 2006 @ 12:08 PM

When you are considering purchasing a property for real estate investing, you'll want to remember that there are generally two ways to make money on the property you purchased. One is from capital appreciation, where the value of the property increases, and the other is from renting your property out. However, how do you know whether a property is a good investment? Deciding before you purchase an investment property whether to Flip it or Rent it will make you the most money at the end of t... more...

Finance » Wealth Building | By Kevin Kiene @ Friday, 8th December 2006 @ 8:00 AM

Real estate is a tried and true investment that offers both short-term and long-term gains. Before you purchase a property, you will have to determine if it is best to flip the property, make improvements and sell it fast, or rent it out. We all know the market fluctuates; even people who are not involved in real estate investing know the terms "buyer's market" and "seller's market". Which decision you make depends on what is happening in the market and how much the pro... more...

Finance » Wealth Building | By Joseph Kenny @ Friday, 8th December 2006 @ 4:18 AM

The main objective of any investment is to make money and gain from a profit. Experienced investors usually study market trends before investing. However, inexperienced investors depend on the advice from financial advisors and brokers to guide their investments. Money always grows with time in the stock markets. A successful and profitable investment involves a lot of patience and constant monitoring of market fluctuations. In order for an investment to be profitable, it is important to adopt f... more...

Finance » Wealth Building | By Daniel Millions @ Sunday, 3rd December 2006 @ 5:57 PM

At this period, it is very important for individuals to keep an ordinary job to cover for daily cost of living. But why should these working individuals be satisfied with their salaries when it is possible to earn easy money in the confines of their homes during their free hours and have an opportunity to get rich quickly? The internet can be highly utilized to help you earn extra money with ease. Aside from being the medium of your business, it can also serve as venue to look for prospe... more...

Finance » Wealth Building | By Daniel Millions @ Saturday, 2nd December 2006 @ 5:24 PM

Before you even think about it, what we are about to propose to you are not get-rich-quick schemes that aim to con you out of your money rather than make it grow abundantly. Thankfully, thats NOT what we are talking about. On the contrary, we are interested in helping you learn about online business opportunities to exploit. These online businesses can certifiably help you get rich quick if you have the proper skills and the proper motivation. There is no need to leave the comfort ... more...

Finance » Wealth Building | By Kevin Kiene @ Monday, 13th November 2006 @ 6:17 PM

Wholesaling generally refers to the process of buying a property for below market price, and then selling it to another investor, usually without fixing up the property it's a procedure also sometimes described as "flipping properties". Buying and selling wholesale real estate property can be difficult and challenging as sellers are instinctively inclined to sell their property for more if they realize you are a wholesale investor. Whereas the deal itself can sometimes... more...

Finance » Wealth Building | By Gregg Hall @ Wednesday, 8th November 2006 @ 12:50 AM

Taxes are a drag for every US citizen who is forced to give away part of their earnings on a yearly basis. While most Americans simply complain over taxes, others are taking a more proactive approach: retirement abroad. For folks who have spent a lifetime trying to build an estate and set aside hard earned assets, paying taxes on said assets becomes a huge burden. Not so much because they cannot afford it, they just do not feel as though they should be required to pay. Many peo... more...

Finance » Wealth Building | By Kevin Kiene @ Tuesday, 7th November 2006 @ 11:38 PM

When investing in Real Estate, you may choose to buy and rent a property, or you may choose it flip it, buy and sell quickly. The safest way to invest is to buy wholesale properties that are in the sweet spot of the rental market i.e. they are not in the best or worst neighborhoods. The goal is to find an investment property with a good, or great positive cash flow. This is how you will create wealth. Positive cash flow is the amount of money that is left over after all of the expenses ha... more...

Finance » Wealth Building | By Dan Clare @ Thursday, 19th October 2006 @ 7:00 PM

If you're not making as much money as you'd like, then you're holding onto some negative beliefs about yourself and how much money you're capable of handling. In thisarticle we'll go through 10 of the most common (and most limiting) examples of how people hold themselves back financially. From results of a recent survey I've compiled these Top 10 Destructive Money Beliefs. How many can you relate to? 10. "Money is not spiritual." Here... more...

Finance » Wealth Building | By Lloyd Lopes @ Tuesday, 17th October 2006 @ 10:42 PM

As soon as I came onto the high speed broadband circuit, I was suddenly exploring the web instead of the usual "get on, get what you need and get off "scenario. I was to stumble upon many sites during "surfing" that claimed to show you how to make money online. The claims ranged from the oh-so-obvious Nigerian scams, to the not so obvious tricksters and then some opportunities that looked legitimate. Needless to say -- as an extremely skeptical person I ignored all of the... more...

Finance » Wealth Building | By Terence Young @ Thursday, 21st September 2006 @ 8:06 PM

Regardless of the level of debt you find yourself in, you can start today to formulate a plan to get out of debt. The unvarnished truth is, debt costs! If you are paying interest on credit cards, a car payment, and a house payment, then you would be amazed how much better off you would be if you were out of debt. It may look like you have a mountain to move, but if you take it one step at a time - and exercise some financial restraint - you should be able to get out of debt. A good place ... more...

Finance » Wealth Building | By Stuart Gardiner @ Thursday, 7th September 2006 @ 6:17 PM

Of all the keys to creating abundant wealth there is probably none more important than paying yourself first! This is not money that you spend on yourself but more to the point, money you invest in yourself. The long term rewards of adopting this 'habit of the wealthy' can't be stressed enough! You see, it's not just about building wealth but the things you learn in the process. Because we are not taught such things in school our introduction to the world of money is o... more...

Finance » Wealth Building | By Terence Young @ Monday, 28th August 2006 @ 7:13 AM

People have always wanted to be rich. And why not? Financial problems are a drag! While most of us in the developed world aren't going hungry (unless we're on a diet!) we know what it is to have to budget in order to pay the house payment or rent. Many of us have overextended ourselves on credit cards and have problems paying all the bills even when we have a pretty good income. Yes, a bit more money would be nice! While money has always been a desired commodity, "abundance" ha... more...

Finance » Wealth Building | By Terence Young @ Monday, 28th August 2006 @ 6:29 AM

Virtually everyone dreams of being rich some day. The thought of being able to drive the kind of car you desire, wear the clothes you like, and never have to worry about money being an object can look pretty good to us. If you look around in bookstores, you'll see titles like "Think Your Way to Riches." Is this possible? Just how do rich people do it? What makes them tick? Can anyone learn to think and act like rich people, and become rich doing it? One thing rich people lear... more...

Finance » Wealth Building | By Terence Young @ Monday, 28th August 2006 @ 6:15 AM

Many people study how to become wealthy as if it were a science. While there is always a certain amount of chance in everyone's life, in many ways wealth building can be thought of as a science. Read on for seven of the most salient secrets to becoming wealthy. 1. Quit procrastinating. Putting things off until tomorrow is always a bad idea. Often procrastination is caused by an inability to make decisions. It's not that we can't make the decision, really. We just don't... more...

Finance » Wealth Building | By Terence Young @ Monday, 28th August 2006 @ 6:05 AM

Rich people sometimes come by it naturally. Some of them are born into it and learn the ways of the wealthy from their parents. Others are born with a natural bent toward saving money instead of spending it and other helpful habits. If you don't fit into either of these categories, you can still learn things that the rich know. One thing rich people know is that you shouldn't waste your money. Some of the wealthiest people ever were little children who saved pennies. Learn to r... more...

Finance » Wealth Building | By Adam Khoo @ Monday, 28th August 2006 @ 1:31 AM

Recently I had a participant of mine say that he felt that my teachings contradicted his religious beliefs. He said that his religion advocated that he should let God choose his destiny and lead his life. Whereas in my seminars, I teach people to take charge of their own lives and their own destinies. I teach people not to leave their life to chance but to have a plan for their future. I teach people to make full use of their potential and live life to the fullest. I always say that if yo... more...

Finance » Wealth Building | By Adam Khoo @ Monday, 28th August 2006 @ 1:31 AM

Recently, someone sent me an email saying that his life was full of problems. Everytime he solved a problem, a new one would emerge. 'Why can't goals be easy to achieve?' 'Why can't things go exatcly the way I planned?' 'Why is it that everytime I want to acheieve something, something will always go wrong?' 'Why Must Life be Filled with Adversities?' He then went on to complain that he was not as lucky as other people around him. 'Ada... more...

Finance » Wealth Building | By Adam Khoo @ Monday, 28th August 2006 @ 1:30 AM

I travel around the region pretty frequently, having to visit and conduct seminars at my offices in Malaysia, Indonesia, Thailand and Su Zhou (China). I am in the airport almost every other week so I get to bump into many people who have attended my seminars or have read my books. Recently, someone came up to me on a plane to KL and looked rather shocked. He asked, 'How come a millionaire like you is travelling economy?' My reply was, 'That's why I am a millionaire.�... more...

Finance » Wealth Building | By Adam Khoo @ Thursday, 24th August 2006 @ 10:48 AM

Let me give you an example of how I lost a potential $4,900 a day when I first started out in the training business by spending too much of my time on the wrong sort of work. Like every small start-up business person, I was a one-man show. Naturally, I had to do everything myself. I had to write proposals to clients, make cold calls, do sales presentations, conduct the training itself, prepare logistics, prepare training materials, do administration and finally, manage the financial acco... more...