Four Pillars of Income Financial Freedom Blog

Achieve Financial Freedom and Build Wealth for Keeps

Archives 'build wealth'

19 Jan

Would this be your method of wealth building?

Whatever you profit in stocks, take that money and add it immediately to your savings account and keep investing in stocks and repeating the process. Sound like a great method of wealth building to you?
That is great but you will not always profit from stocks.

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02 Jan

I’m a simple man. What can I do to build real wealth in America(USA)?

Should I buy mutual funds, Silver, real estate, Stocks or sell hot dogs on the street? I have time but not much money. What is the best use of my time and what should I learn and do to develop myself and/or something for myself?
I see that colleges really don’t address the issue [...]

01 Dec

If you were to re-live your life and wanted to build wealth, what would get started on?

I’m talking about, lets say your in your 40’s, you’ve gotten yourself very wealthy through your life but when you got out of school (or dropped out) you messed around, jumping job to job, partying, dating and by the time you were 30 you began to get smart and learn from your mistakes and [...]

19 Nov

How can I start building my wealth at the age of 16?

I want to be quite well off when I’m older, but everyone says that the earlier you start thinking about your money, the better off you are.
So I am 16, I’m going to study architecture at uni, and i have a job that pays about $4000 a year. I also have a little bit of [...]

13 Nov

What is the best vehicle for a poor man to build wealth in stocks?

Maybe I shouldn’t even invest at all since I don’t have much money to play with because of low income huh?
Should a very poor person like myself buy a lot of penny stocks and hope I have a great penny stock and build wealth like that or should I pick a rich person’s stock which [...]

10 Nov

If you want to build wealth what’s the most effective way Penny Stocks or Blue Chips?

Penny Stocks will get me there quicker, Blue Chips will be less risky. However, how much profit do you see off Blue Chips anything amazing? How many dividend reinvestments would it take to obtain one more share say for example Mc Donald’s. If I bought one share of McDonald’s how many dividend reinvestments would it [...]

07 Nov

What is the key strategy for building wealth? Looking for Income or Growth?

Depending on which one you tell me. What are the investments that I need to be going after if it’s growth? What are the investments that I need to be going after if it’s income? Are Blue Chip stocks great for building wealth and income?
Pick up a few books and read up on stocks. Go [...]

31 Oct

explain reasons why someone would want to save and build up wealth in order to invest that money?

some do it for extra backup money in case they need it, but some also do it because they just want more money. I figure if someone has a lot of saved up money that is enough for their future and any unexpected incidents they shouldnt risk that money in investments, you might make [...]

24 Oct

Is it better to build wealth by buying real estate, or investing in stocks?

I was talking to a friend who assured me that buying real estate is a better way to build wealth then stocks, but I don’t agree with this. He assured me that it was common knowledge and "thought in all business schools", but haven’t certain stock indexes outperformed the housing market year after year? In [...]

28 Sep

Can you build love? Another love or wealth Q.?

My bf and I started long distance from yesterday. I had to leave UK to Japan. Although Im 27 and him 33, he’s the first person I really loved from my heart with no exception.
But he works in contracts, drink and smoke, not sure what to do in future, but only for us to be [...]

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