Your Wealth and Wisdom

Money Management

Mark’s Thoughts: Those are pretty strong words EXCEPT for the fact that real money in the US is no longer found in dollar bills.

Since 1971 when Nixon took us completely off the gold standard (by the way, we were only backed 30% at that time anyway) the value of the dollar has been in steady decline. The Federal Reserve has produced counterfeit money for us to use much like monopoly money backed by nothing. It printed untold billions and now Bernanke only needs add a few zeros after the twelve zeros (trillion) Read the rest of this entry »

Go For Your Dreams

Mark’s Thoughts:  This article is bang on!  There are a lot of things and people in your life that will get in the way of you becoming wealthy.  The “Plug In Drug” TV is at the top of the list.  Lots of people waste countless hours of valuable time watching TV shows that suck the life out of them.  If you spend just an hour a day learning about a new subject, like wealth creation, at the end of 1 year you will have invested nine 40 hour weeks in your education.  Just think how much more your will know about wealth creation in a year and the TV won`t miss you!  There are people in your life that will stomp on your dreams if you let them, I call them Dream Stealers, because that is what they are.  They will try to hold you back because they are scared of what they could have become if they had stretched and risked in their own lives.  Don`t let them hold you back, GO for your dreams!

This week, I’ll share the traps to avoid to keep your wealth building on track. Read the rest of this entry »

Mark’s Thoughts: There have been meetings around the world between the various up and coming economic powers like China, India, Russia and others to do business in the local currency.  This has not been reported on in the mainstream media but it is happening.  China, Russia, India and Pakistan are doing deals in local currency, in some cases to avoid dealing with the US Federal Reserve and the reporting requirements attached to using the US greenback as the currency of exchange.  IF the US dollar loses its reserve status and don’t kid yourself it very well may happen, the US economy will tank on a scale never seen before.  When the British Pound Sterling lost it’s status as the world reserve currency the economy of the United Kingdom went onto a tailspin that took decades to recover from and some will argue that it never has recovered. Protect your wealth, Read the rest of this entry »

Wealth - Success Strategies

Mark’s Thoughts:  If people have a good financial education you can often see the faults and pitfalls before they happen.  The real “Rich Dad” Keith Cunningham showed me a system he uses to look at a company before he buys it or invests in it and he used Enron as an example.  You could see that Enron was using borrowed money to make the books look good long before the truth came out (about a year before) and it crashed.  Keith Cunningham is the real “Rich Dad” that taught Robert Kiyosaki about Read the rest of this entry »