Grow More Money

By 5 Day Weekend | Keep More Money | 0 comment | 10 May, 2018 | 0

You’ve established a solid financial foundation. You’ve been working hard to increase your income. You’ve put together enough assets to start investing. It’s now time to start leveraging your assets to grow your money and shift from active to more independent income streams.

First, you’ll want to turn any of your entrepreneurial business ventures that you can into more independent revenue streams. Where possible, you’ll want to leverage other people, technology, and systems to replace you in doing the physical work.

Next, it’s time to start investing your discretionary income into independent income sources. You’ll start with Growth investments, which I define in the Wealth Matrix safe, conservative, and cash-flowing. As your investment income grows, you’ll then be qualified to invest in Momentum investments, which have high upside potential but also the ability to lose. These investments pay out in large lump sums rather than giving you ongoing cash flow. The proceeds are used to re-invest into cash-flowing projects and assets.

For your Growth and Momentum investments, you’re looking for alternative investments that you won’t hear about from traditional pundits. These aren’t your typical mutual funds, stocks, and bonds—they’re much better, as you’ll learn. These are investments that the wealthy use but aren’t widely advertised or promoted in the media.

This is where it’s critical to break free from the limiting mainstream investments advertised in magazines, which keep you working five days a week without really leading to freedom. You have to know how financial institutions think and start thinking like them, versus typical consumers.

In my next post, I look at ways in which you can move from running a job into running a business.

I’d love to hear your thoughts on investing, and the money markets. Do you follow the advice of financial advisers or do you prefer to take the reins yourself? Thank you for sharing.