The document discusses various strategies for building wealth, including investing in paper assets like stocks, bonds, and mutual funds. It notes that wealth is built through longevity and persistence, not luck. Real estate investing is another option, with buying distressed properties, fixing them up, and reselling for a profit being one way to build wealth quickly using leverage, though market fluctuations must be considered. Diversifying investments across asset types and geographies is recommended for building wealth over time.

1. Simple Asset Allocation, Wealth Building Strategies -
Build Wealth Quickly

2. The internet offers two things a possibility of wealth and
a possibility of victimization. In our quest to obtain the
freedom we want to enjoy. The freedom to live our lives
as old blues eyes use to say "My Way" is a road filled
with obstacles and detours. It is an undeniable fact that
more people lose money in striving to reach instant
wealth. This does not pertain to only the internet it
pertains to all the ways people build their business. The
more common way at this point is through the internet.
This of course is due to the low cost in joining an MLM
or a Network Marketing group. As a Life Coach let me
give you this piece of advice "caveat emptor" which
means "let the buyer beware."

3. The 40 thieves may very well be a children's story, but
there are real thieves out there, who claim to have your
best interest in mind, while they take all they can from
you.

4. Investing in "paper assets" is a great way to start
building wealth. It teaches you the principals of money
management, capital, rates of returns, risk etc. You can
invest in stocks, bonds, mutual funds, commodities, and
foreign exchange ("Forex"). Each of these options
presents various levels of risk and reward and requires
thorough research before you start. You don't
necessarily have to read the Wall Street Journal daily or
subscribe to Fortune magazine in order to be a good
stock investor. But you should at least get trained by an
expert or have access to wholly independent financial
advice from an experienced investor.

5. To help you get started, a basic overview of the paper
assets investment landscape goes like this: There are 2
types of investments; ownership investments in which
you own part of the asset (a stock is a good example)
and loan investments in which you lend money to
someone and they pay you interest (a bond is a good
example). In many cases, you are looking for growth
investments and those are ownership-type investments.
(Bonds rarely provide a way to make you wealthy.
Rather, they are a way to protect your wealth once you
have it). Warren Buffett is a great example of someone
who created massive wealth through investing in paper
assets.

6. The success of many businesses is created through
longevity. That is an undeniable fact. Any company to be
on the top rung of the ladder has brought itself there
through persistence and planning. Success is not luck.

7. Real estate investing can be focused on either
residential, commercial or land. Wealth building through
real estate involves buying and selling a property -
sometimes referred to as "flipping" or "trading" and
often involves "rehabbing" a property (i.e. fixing it up)-
to give the fastest and best rate of return.. However,
landlording is a more standard approach that requires
more time to build wealth, generating a small income in
the meantime from the rental income after subtracting
all expenses. Want to know how to build wealth quickly
with real estate? Consider buying a distressed property
using leverage, fixing it up, and selling it again quickly.
However, watch for market fluctuations

8. in supply and demand and availability of capital in order
to use this strategy effectively. Donald Trump is a great
example of someone who created massive wealth
through real estate investing.

9. So, you're keeping winning investments or cash them in,
weeding out the losers from your portfolio and
realigning your asset allocation. What next? Well, now
it's time to focus on increasing your returns and growing
your investment portfolio. Whilst paying down debt,
especially what I call 'bad debt', is hugely important,
equally so is re-building your wealth with sound and
advantageous use of 'good debt'. Focusing on building
wealth is critical so that the focus isn't on debt reduction
only. Apart from hunting down real estate or other
business opportunities in your state or country you
really must think and act globally. You simply can't
afford to rely on any one economy so don't be

10. afraid to seek out opportunities in foreign territories and
emerging markets. Diversification by both asset type
(stock, real estate, bonds etc) and geography has never
been more appropriate. So, rather than ever waiting for
markets to change you can take charge of your own
financial bailout and re-build your wealth. Re-assess and
re-balance your portfolio. Rethink your wealth building
strategy and then focus on growing your wealth.

11. http://cutt.us/TrbV