Sunday, August 7, 2011

HOW TO - Most People Will Never Be Rich

HOW TO - Most People Will Never Be Rich. Why? Because most people (middle class) are investing just like everyone else, and everyone else is not rich. The middle class are not wealthy, and if you will invest, as the middle class, statistically speaking it will never be rich. You have to change your thinking and act on investment in order to achieve financial success.

They said, probably because their parents / friends / colleagues to go to school, get a good education, get a good job, save money and invest their money in RRSP or 401k funds. "Start early and invest for the long term. Investing in mutual funds, bonds, GICs, CDs, time deposits and ETFs for diversification," he said, probably. But guess what? Most people are doing now, however, the middle class is going to work until age 65 (or more) and then retire with barely enough money.


A quick review of some of the richest people in the world reveal that most of them do not invest their money, as the middle class. A magazine article a few years ago MoneySense confirmed that the rich do not buy mutual funds, most of them invest on their own.

If you want to be financially free then you start investing, like the rich. Research methods and strategies, it is no secret, most of them have written books about how they got rich, books such as:

- One of Wall Street by Peter Lynch

- The dividend on the connection, Geraldine Weiss

- Investment Zoo, Stephen Jarislowsky

- The New Buffettology by Mary Buffett

- The Intelligent Investor by Benjamin Graham

- The dividend investors, Harvey Knowles III

If you do not have the time and energy to read these books, then consider taking a course of investment, maybe mine:). Knowledge is the key and the secret to financial success. Investing knowledge is what separates the rich from the middle class, the rich are not smarter or luckier than anyone else. Most of the economically began life as free citizens of the poor and middle class. Knowledge enables people to succeed, the rest just copy everyone else and hope for the best (or buy lottery tickets). The spending more time (skip the TV for a night or two) to get knowledge of investment will give you the financial freedom you are looking for sooner rather than later.

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