The Speed of Wealth

My mission is to help Middle American build wealth. I don't subscribe to the conventional methods that we've been hearing from financial planners and the media. Some of those methods are 10, 20, or 30 years old! In today's economy you've got to find the opportunities and take action. I focus on using unconventional strategies to find opportunities and mentor others to build their wealth portfolios.

If you would like to be in command of your future, it starts out with training yourself. I'm a genuine individual, with real world experience in expanding wealth. I do not pretend to have all the solutions. As a matter of fact, what I likely do to a higher degree than anything is call into question the established wisdom that's been passed on down and arrive at my own conclusions. You could disagree with me about a few of the subjects I confront and I believe that's all right. My goal is to beget you to think about a different viewpoint.

Even if you choose not to abide by my advice, and pass up an investment opportunity, I'm pleased just knowing that I have demonstrated strategies that will aid you in developing your wealth, applying your own investing standards. You'll discover methods that will place you in charge. Because I believe we could completely concur that knowledge, opportunity, and activity are a potent combination for fiscal success.

I have stated it before. Established notions aren't working out as it concerns building income. I would like to dispute the propaganda, fractional truths, myths and absolute lies that are being advocated. I prefer to dispute statistics. Contingent on the message the media would like to broadcast, they fudge the statistics to gain your confidence and respect. And so any time I include statistics, recognize that they'll comprise my own statistics, norms, medians and so forth, supported by my own experiences.

If you want to explode your wealth, I invite you to give up your existing beliefs about getting rich. First, it doesn't happen overnight. You need to utilize the right tools for the job to grow your wealth. Of course, if you receive a huge inheritance, or win a million dollar lawsuit, that's a different story. But probably that isn't reality for most Americans. I show people how to draft and execute plans for exploding their wealth, and solidifying their financial futures.

Let's spend a moment taking a look at conventional methods employed by many folks when it comes to investments and financial strategies. Some ideas come into popular practice because they've been handed down through the media, or some expert espoused their benefits on CNN or the like. What this does is encourages people, who often have limited financial education or investing experiences, to move their money from one fund to the next, rather haphazardly. Sometimes a financial strategy becomes popular because it received attention in the Wall Street Journal. But these techniques and strategies aren't the short road to riches, I can assure you.

The real estate industry has seen a huge boom in recent years through the practice of purchasing a property for little money down, investing in a few improvements, and then quickly re-selling the property for a small profit. In today's buyer's market, it makes sense that you might even be considering doing this yourself, if you haven't tried it already. Beware though that in a buyer's market, it's not always so easy to unload or sell the property for profit.

Another idea that's become popular is the myth that you can beat the stock market, if you just make the right moves. How many rich and successful stock brokers do you know personally? For that matter, do you know very many real estate moguls? The ideas are exciting, but not many of us have been able to truly master them and become wealthy.

I want to focus for a minute on an industry that is making money, hand over fist. It's the banking industry. Look around your town or city. Isn't there a bank on every corner? There's a reason for that - because banks make money hand over fist. They prey on the limited financial education of most Americans. They get you to put your money into their banking system, and they make money on your money.

Well I want banks to start sharing the wealth, but they aren't going to. So you need to develop your very own banking system that will secure your family's financial future. I am not suggesting you buy a bank, but I want you to start taking actions that will eliminate your reliance on the banking industry, and grow your own wealth, not build the bank's reserves.

Why are financial institutions so incredibly flush? Well, how many folks do you think put their hard earned cash into the bank? It's what we've been taught to do, right? No one stuffs their money into a mattress and forgets about it. That would be akin to leaving money on the table, right? So assuming we all use banks to hold our monies...how many folks do you think put money into a bank Certificate of Deposit (CD), money market fund or other small interest paying account? We can speculate that the numbers are staggering, because individuals determine that their money is secure and safe, when it's sitting in the bank.

By depositing your monies into a financial institution, you are in essence loaning the bank money. In return, they offer you interest on the loan. Banks are extremely prosperous, and they'd like you to view them as generous. As I'm writing this, you could expect to get between 3.5 and 4 percent on your monies. You're expected to trust that your funds are stable, they are not in jeopardy, but you know what? Your funds face a tremendous threat. The gamble starts the instant you make your deposit. You take an immediate loss to your ability to purchase goods and services. Essentially you lose purchasing power, immediately. You might as well put your entire paycheck down on the Blackjack table in Las Vegas.

The proceeds that financial institutions are paying you are not keeping even with inflation. Setting aside the fabricated inflation range published by the administration, which is complete bull, and assuming that the actual rate of inflation is close to 6% (and that's being very moderate), let's talk about what would happen if you put $1000 into a bank CD (not an IRA or retirement plan). Here's what happens: you receive an extremely low return, and the small interest you might earn is taxed. Taxed! Assessed! Costs you money!

Let's speculate you live somewhere in the tax bracket of 20%. Let's also assume the bank is paying 4% on the money you loaned them. After paying taxes on the interest you make at year-end, your effective proceeds are a mere 3.2%. Assuming inflation is 6%, in reality you receive a very poor return of a simple 2.8%.

Here is what will happen to your original $1,000 when you take inflation into account. What you could buy with $1,000 today will only get you $972 worth of goods or services in a mere 12 months. Fast forward 10 years, and you can get $752 worth of goods or services. Remember that you started with $1,000! Following this process, look at what happens in year thirty: you'll be lucky if the original $1,000 is worth as much as $426. And these figures include the returns you supposedly experienced.

Naturally your bank statement will make it appear as if your balance has experienced gains, but what you should be most concerned with is the sad fact that the impact of your dollars has significantly decreased. Inflation eats away your purchasing ability. When you put monies into an account that does not offer interest rates that are in pace with the rate of inflation, you take a loss on your principle. This is the case even when you notice a slight gain on your bank statement. This is not a doom and gloom case scenario - it's reality and it's happening now.

As a member, I will show you techniques and strategies that are available to everyone-but nobody else is sharing them! My ultimate goal is for you to make more money, get your dollars to go farther, and to minimize the effect of this tanking economy on your personal financial goals.


The club is a financial education forum, and it's where like minded individuals come together to share, be mentored, and realize amazing opportunities! Find out more by visiting www.speedofwealth.com

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