Rich Print Shares While Middle Class Buy it to Get Rich
The Age old Financial Advise is, Live Below Your Means, Save Money invest in Stocks or Mutual Funds, Diversify and stay invested for the long time horizon say more than 10 years and become financially free.
Unfortunately, This Financial advise doesn’t work for the most of the people and even if it works what about those 10,15 or 20 long years? I mean here you are depending on only one form of Profit and that is Capital Gains and unfortunately, these Capital Gains remain ‘On Paper’ for the most of the parts of your life.
And this form of investing is the risky investing. Rich Invest for Cashflow and Capital Gains both.
So How the Rich play the game of money? Well, by developing a successful business out of scratch, later on taking that business to the public and selling the shares of their companies to literally millions of people, they print their own money in the economy legally.
Now, they are the owners of the publically listed companies so these shares in their own listed companies give them the management control over the company and not only this but also give several other types of income such as Dividends, Bonuses, Remuneration, Salary and many others.
Investing in Mutual Funds & Stocks and holding those stocks and mutual funds for decades is not a bad idea. But What I don’t like about this idea is, these are just the Capital Gains profits so you can’t enjoy it unless you sell your stocks and mutual fund units.
While Rich can enjoy their investments because they invest for both the capital gains and cashflow. So as long as they own the asset, they will have a steady cashflow income which they can spend like anything.
In my eBook – My Journey To Billionaire Club: What Rich Teach Their Kids About Money That Poor & Middle Class Don’t?, I have explained in a great and accurate detail that how rich take their businesses to the public and selling the shares of their companies become billionaires.
My eBook is 100% FREE for Download and without any annoying registrations. You just have to click the above link and you will be redirected to the Download page.
Read my eBook and take the Real Financial Education. Learn from my eBook that How rich people think about money and play the game of Money?
And yes, If you like my eBook, spread this financial awareness to as many people as possible.
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