Totally Fulfilled
I were starting from scratch, I would set up a mutual fund account right away. You can invest in a mutual fund through an IRA (Individual Retirement Account). There are many advantages to having an IRA. Talk to a financial advisor or go online and learn about the different options available and how to maximize your tax deduc- tions and contributions. Use the Magic of Compound Interest Did you know that if you take a penny and double it every day, at day twenty-eight, you’ll have over $1 million dollars? That’s the magic of compounding returns. Want to see something fun? If you take the same $30 per month and find a way to get a 20% return of interest com- pounded, you would have over a million dollars in just under 35 years. From personal experience, I can confidently say that, with smart buying, you can earn a 20% return on your money and more through smart real estate investing. I have been making tremendous returns on my money for over eighteen years with real estate. And from personal experience, thinking a little differently than most people, and seeing my stu- dents all over the country do it, proven techniques exist to make huge profits without using any money of your own. If real estate excites you, I suggest you find a mentor or someone who is already makingmoney with real estate and latch on to himor her. You can also read a lot of great books out there that can help as well. Of course, I am partial to my “Think A Little Different” real estate course that you can check out at www.totallyfulfilled.com . It has helped people all over the country reach tremendous financial success. Remember this important point: Find a way to put your money into something that pays at least a 10% return. Even if you are starting with a minimal amount each month, get started. Once you develop the habit, increase the amount you put into your
90
Made with FlippingBook - Online catalogs