Invest Every Month
Build Wealth
I Want To Build Wealth
I want to build wealth. I don't want to be stuck working in some lame job until I die. I want to "retire" as soon as possible so I can do what I want without needing to worry about generating income all the time.
I'm taking both a short term and a long term approach to my wealth building. In the long-term, I am saving and investing money every month. I'm not very agressive with my investing, but I am doing a good job of building a diverse portfolio that hopefully will result in a large nest egg many decades from now.
In the short term, I al always looking for opportunities to generate large amounts of income. I'm not satisfied making a yearly salary no matter how large it is. My goal is to start a business that will lead to immediate success. This is hard to do, but it is even harder to have thius type of success if you never give it a shot.
Most successful business people I have read about had a few failures before they hit it big. I try to remember this as some of my businesses have not done so well. Even in failure, I am learning a lot about how to run a business.
I don't know if I will be successful in building wealth, but I am doing my best to give myself an opportunity to succeed.
I'm taking both a short term and a long term approach to my wealth building. In the long-term, I am saving and investing money every month. I'm not very agressive with my investing, but I am doing a good job of building a diverse portfolio that hopefully will result in a large nest egg many decades from now.
In the short term, I al always looking for opportunities to generate large amounts of income. I'm not satisfied making a yearly salary no matter how large it is. My goal is to start a business that will lead to immediate success. This is hard to do, but it is even harder to have thius type of success if you never give it a shot.
Most successful business people I have read about had a few failures before they hit it big. I try to remember this as some of my businesses have not done so well. Even in failure, I am learning a lot about how to run a business.
I don't know if I will be successful in building wealth, but I am doing my best to give myself an opportunity to succeed.
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Comment by OICUAM2 on July 14, 2010 at 10:37pm -
Good luck with your efforts. Good idea to take both short term and long term efforts. Too many people think they will hit it big and so they put all of their money into their efforts to hit it big and most people never hit it big. If you need to choose between short term and long term efforts, always choose the long-term approach because it is a much higher percentage success rate.
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