This article is all about investment and its potential of breaking poverty in your linage forever.
There are families that have been living in a vicious cycle of poverty. This class of people has resorted to blaming fate for their misfortune. They have this believe that nothing can make them come out of this dead trap called misery. Am here today to tell you that just one singular act of yours can change the whole situation.
As simple as it may sound, recycling your income has the potential of breaking that jinx of poverty and misery in your lineage. A lot of folks still play the traditional game of working so hard for money that will take care of them in the future. Instead of allowing their money to work for them.
This is a wrong mentality. If you have been dwelling on this, come out of it. The monies you worked for cannot take care of you in the future but, monies you recycled can do that beyond your widest imagination. Monies recycled have the ability of coming back with hundreds of monies back with folds of hundreds of monies.
Can you now see the picture of the power of recycled monies? That has been the secret of the mega rich from time immemorial.
I will like to clear an issue here, simply investing your hard earned money and killing (eating) its off-springs (i.e Dividend, Interest, Rents. Royalties, etc) will not give you the kind of result am talking about, but, recycling those off-springs that come out of your investment.
Schedule to have a meeting with your investment planner today to discuss on how to recycle your income (passive and residual). If you don’t have an investment or financial planner, go and get one. There are good numbers of investment analysts/ financial planners out there that can help you draw up a plan that can effectively recycle your monies on your behalf.
While you are still contemplating whether to have your monies recycled or not, let me sound this warning to your hearing. Rewards from recycled incomes take time to mature.
Have you heard of the word re-investment before? I bet you have. What I would like you to do for me now is to pick up your phone, call these three people: Your Lawyer, your banker and your financial planner. Have a serious meeting with them on how to get your income recycled. You can learn some ways of making Multiple Streams Income online.
The lawyer in your team will help draw up a legal agreement between you and all those that you deal with (business or job wise). The content of the agreement will be that 10% of whatever entitlement you are to receive from them be paid into a bank account. Give a standing order to your banker to forward any money in that bank account at the end of every period to your investment manager who will use the money to invest in ‘investment vehicles’ already agreed upon with you. Don’t forget to subscribe to message alert for every transaction that takes place on your behalf. Also instruct your investment manger to always re-invest all the returns that comes from your investment.
Do this for a period of three years and tell me if that generational poverty in your lineage will not be broken. Lets I forget, always take up the right kind of insurance that will ensure that at least you are re-instated in the case of any insured event.