Dave
Joined: 22 Dec 2005 Posts: 1644 Location: Washington, DC
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Subject: HowWealthWorks.com, where you'll learn about wealth the smart way
Posted: Thu Jan 25, 2007 1:05 pm |
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HowWealthWorks.com -- helping you understand why you're not wealthy and providing you with the best information about becoming wealthy.
Wealth is money working for you, rather than you working for money. Wealth frees you from working for a paycheck and permits you to do the work you choose, or to not work at all.
Wealth is not a big home, expensive cars, or an extravagant lifestyle. This common misconception that spending equals wealth keeps you from becoming wealthy. Spending on homes, cars, and extravagances makes you poorer, not wealthier.
The key to wealth is cutting your expenses and investing your savings so your money has a chance to work for you. Your greatest expense is taxes. Federal and state income tax, sales tax, energy and service taxes, real estate taxes, and business tax passed on to you through higher prices.
The true secret to becoming wealthy is "unrealized gain." When you invest your savings in long term primary trends, your money compounds without being taxed. Maximizing your unrealized gain cuts your biggest expense, taxes, and allows your wealth to grow its fastest. _________________ Dave
Please feel free to agree with or critique the article excerpts and our comments. Alan Greenspan: Gold and Economic Freedom |
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