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Wealth Building Strategies

5 Tried and True Strategies For Building Wealth

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Posted by InvestorJunkie.com

on Monday, 28 November 2016 16:24

build-wealthThere are hundreds of resources available that claim to help you build wealth. From smart stock market strategies to investing in startups as a venture capitalist, there are numerous ways to make your money work for you.

So how do you know which ones really work? Here are five tried and strategies for building wealth, that have stood the test of time.

....read all 5 HERE

 

.....related: 

How Put Selling Creates Monthly Income

 

 

 



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Wealth Building Strategies

How to Turn Any Company into a Well-Oiled Machine

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Posted by Eamonn Percy - The Percy Group

on Friday, 25 November 2016 08:28

“Well done is better than well said.” - Benjamin Franklin
 
abf5432ff85fb47e70add110021e8704A poorly performing company is in a state of constant and unmitigated chaos, where uncertainty abounds, communication is poor, and frustrations among employees, managers, and owners are high. Obstacles, both small and large, are throwing the company off kilter and there is no systematic approach to achieving order. Without intervention, long-term prospects are poor and its demise is inevitable.

There can be a number of reasons for this chaos.  For instance, the company may be attempting to grow by expanding into new markets, but still using an old markets business model. Competitive threats could be driving industry changes but the company is in reactive mode, rather than leading those changes with innovation and new thinking. The company may have an insufficient focus on achieving sales, margins, and profit growth, and therefore be starved for capital and unable to make the necessary reinvestment in products, people, and infrastructure. Finally, the company may lack the resilience to withstand significant shocks, common in today’s economy, such as Brexit, abnormally low-interest rates, sluggish global growth, or technological change. Whatever the cause, this chaos must be acknowledged and dealt with.

The solution to taming this chaos, creating order and building a more resilient company, lies in implementing a systematic approach to building the business. In my more than 25 years of experience in transforming and building companies, as an executive, advisor, and board member, I have found that the best companies are built by leaders who work not only in the company but on the company. They have a clear sense of the difference between great products and a great company that produces great products.

For your benefit, I have summarized the six steps I believe are necessary to help reign in chaos and restore order, based on my real-life experience in running and advising companies.  They are:



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Wealth Building Strategies

SWOT Analysis: Where Will Gold Go From Here?

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Posted by Frank Holmes - US Global Investors

on Tuesday, 22 November 2016 08:07

Strengths

 

  • The best performing precious metal for the week was palladium with a 7.14 percent gain.  Bloomberg highlighted that automotive production in China grew 34 percent in September and 18 percent in October. As other gold investors are heading for the exit, billionaire hedge fund manager John Paulson has maintained his holding in the world’s biggest ETF backed by gold, reports Bloomberg. Even as gold prices posted their first quarterly loss this year, Paulson & Co. kept its holdings unchanged from June through the end of September.
  • According to Bloomberg calculations, mine supply may fall about a third in the 10 years to 2025, with the number of newly discovered primary gold deposits already falling to three in 2014 from 37 in 1987, writes Mark O’Byrne. CEO of Randgold Resources, Mark Bristow, says gold production may peak in the next three years as miners fail to replace their reserves. The silver market is in the same boat, reports Reuters, with 2016 marking the fourth consecutive year in which the market has realized a physical shortfall. In Russia, in fact, silver production fell 9.4 percent year-over-year from January to September, and gold output declined 1.4 percent.
  • BonTerra Resources announced this week that it has significantly extended its Gladiator Gold Zones by over 250 meters with “multiple intersections of high grades and meaningful widths.” The Drill Hole BA-16-39 generated gold bearing horizons including an intersection of 70 g/t over 5.5 meters  at the eastern extent of the deposit and over 600 meters in depth below surface.

 

Weaknesses



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Wealth Building Strategies

How Put Selling Creates Monthly Income

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Posted by The Monthly Income Newsletter

on Friday, 18 November 2016 08:51

grow-incomeWhy would an investor sell put options instead of just buying the stock? You already know my response to this question – to create monthly income. There are several reasons investors should include put writing as a portion of their investment portfolio. Here is my list:

First and foremost is to create income. In this case, we are looking to collect the cash premium from selling the put option and not necessarily purchase the stock. This concepts is very important to better understand. My initial objective is capturing the premium but I realize in some cases the stock will be put to me. This is why I only sell puts on a select list of stocks I am willing to own if put to me. I like to focus on world class stocks that have stable earnings, strong balance sheets, pay growing dividends and trade within a low beta range in the market. This is part of my success using this strategy as I can collect dividends and sell covered calls for more income if the stock is put to me.

Secondly, I can purchase the stock at a lower price or discount to its current market price. The cash premium I collect from selling the put option reduces the capital outlay to enter or purchase the stock. I have experienced periods where I would sell monthly puts on a stock for 6 to 9 months before the stock was put to me. The amount of premiums added together made the entry price of stock significantly below the market price. For example, assume I average premiums of $100 over 6 months of monthly put writing which sums to $600. I have just lowered the purchase price of the stock by $600 – this is buying stocks at a discount.



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Wealth Building Strategies

Rules of Wealth Building and Amassing Money

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Posted by Joshua Kennon -

on Tuesday, 15 November 2016 05:10

200441367-003-56a092125f9b58eba4b1a783It is safe to say that most parents want to teach their children kindness, manners, and responsibility, and to impart knowledge on how to become self-sufficient and succeed in life. After all, no one plans on raising a deadbeat. However, when it comes to the latter, very few adults actually accomplish this task. Why? Because, as parents, we are limited to the experiences our parents passed on to us; the antiquated notion that to be successful is simply getting a job, saving a little money, and maybe purchasing a car or some equally important item. There is more to becoming successful in life, and it is my hope these seven rules will open your eyes and help you teach your children to avoid the traps that have stolen financial success from so many people.

Wealth Building Rule 1: Find a Financially Compatible Spouse

Wealth Building Rule 2: Recognize That Debt Is a Habit That Must Be Broken

Wealth Building Rule 3: If You Don't Like Where your Parents Were at Your Age - Do Things Differently

Wealth Building Rule 4: When you Begin a Job, Look at the Pay of the Highest Employee

Wealth Building Rule 5: Do Something You Love and Get Paid for It

Wealth Building Rule 6: Understand the Money Myth

Wealth Building Rule 7: Your New Commodity is Not Your Labor, It's Your Ideas

....read about all 7 Wealth Building rules HERE

...related:

How To Learn From Every Failure



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