Thursday, January 15, 2009

Loss of Control

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Why are people sold on their equity as being a major contributor for their retirement funds? Keep reading.

This seems to apply to those who work for someone else.

Why are people sold on giving their hard earned money to someone else to invest in companies they have no clue about? Loss of control.

This also seems to apply to those who work for someone else.

Do you ask your company's financial planner to look at the strength of the financial's of the companies in which they are going to invest your hard earned money? No? Real Loss of Control

This seems to continue to apply to those who work for someone else.

A lot of people refinanced their homes to pay off debt, extending that debt over 30 years. Yes, they opened up monthly cash, but at the same time they jacked up their credit cards again and they spend that monthly cash because they cannot live without the newest toy. This cannot be denied! This is sold to everyone on a 24/7 basis. It is never ending unless you change your ways! Again, look at the first question I asked.

I'm aware of other reasons - medical, divorce, loss of job.

For those who work for someone else, the trend seems to be that they have NO CONTROL over their hard earned money. They have a higher tax bracket than business owners, they are not educated on controlling their finances, and they think it's cool to have the latest toy to keep up with the status quo.

It is time to start taking control of your financial well being. Start your own business and invest in cash producing assets. These cash producing assets can pay for your liabilities. I must be clear on this: Control yourself and your finances even when you get to this point. You can make a lot and still spend the amount made. You need to control and discipline yourself.

Education is key to being successful!

Do you want to be successful and live like the wealthy do? Contact me!

Control or loss of control...your choice!

Tony

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