Discussion Board

How to make your money work hard and earn good returns


Total 3 messages Pages | 1
readtoawake com
How to make money work for you
by readtoawake com on Jan 29, 2012 04:44 AM

There are two kinds of income. When you work on your job, “How many times you get paid for every hour you work?” if your answer is “Just once.” It means you are working for linear income. But when someone write a book, he spends let’s say 500 hours to write that book, he will get paid again and again for that work whenever someone will buy that book. It is residual income.

The real secret of wealth is that whoever will be able to create residual streams of income will become wealthy. You need to create residual income streams where you have no need to hire employee and your presence is not required. Money will keep flowing in every month and you will have a lot of time to do whatever you want.

    Forward  |  Report abuse
Guy
re:money
by Guy on Jan 28, 2012 05:46 PM

Money cannot work hard.It is the human beings that have to work harder physically and psychologically ---:)

    Forward  |  Report abuse
vinodh kumar
25% Principle
by vinodh kumar on Jan 24, 2012 02:04 PM

I feel it will be better if we can maintain a 25% allocation to all the 4 asset types as far as possible at all ages because life is uncertain.

    Forward  |  Report abuse
Total 3 messages Pages: | 1
Write a message