针织衫毛衣女宽松:Rich strength

                                                                     Rich strength



With the above;


People rarely get rich by luck or high intelligence, more wealth is the case, the result of a way of life. From the rich where we can learn a lot about financial management and life planning tips.

Perhaps we may not be able to become a millionaire, but rich people where we can learn a lot about financial management and life planning tips.

Most people know that the U.S. wealth rests in the hands of a few. Now, in the net assets or more than one million dollars persons, most of the money is earned on their own.

Many of them are entrepreneurs, both of which create a high-speed network of people, but also garbage truck manufacturers, all-encompassing scope. Some of them housing building drainage, planting corn, making jewelry. Some people with stamps, coins and art dealing, some people engaged in pest control and lawn mowing work. There is also the life-saving to the people install a new tooth. Other people will help their neighbors, and even support them.

They do not spend extravagantly. In fact relative to their wealth, these rich live in the most quite simple - think of are still living in Omaha, Buffett tall shabby house (Warren Buffet) it - they put money on investment, so the money will bring them more wealth.

"The millionaire next door" (The Millionaire Next Door), author of Stanley (Thomas Stanley) and Dakota (William Danko) said, how much wealth you accumulate, not how much you spend out. This book tells the story of American rich first published in 1996, is a masterpiece had a profound impact.

People rarely luck, inheritance, highly educated or highly intelligent and rich. More cases, wealth is the result of a way of life, a hard, perseverance, things planned, especially self-discipline of life.

The definition of wealth there are many ways, but usually it is defined as debt after you have removed everything of value. But the market of assets and personal property there is a difference, the former refers to the assets can be quickly realized, such as stocks, bonds and real estate, which is like a car, clothing and household goods such unlikely you will often use sale of assets.

Income of a person alone can not become rich. Of course, it is the increase of wealth can play a role, but those who achieve financial freedom of their wages as a means, a means to greater wealth.

Joint Marketing (Unity Marketing), founder of Danziger (Pam Danziger) that the rich do not want to buy what to buy. They maximize the value by making investments to obtain wealth. Joint marketing is a consumer market research firm specializing in luxury goods and consumption studies.

This does not mean they will not buy expensive shoes, or beautiful clothes, but most people will say that they carefully selected goods, they buy the quality and value. Danziger said that they really will purchase as an investment, not an overhead.

But they have done is to diversify those investments, which enable them to encounter difficulties with greater adaptability and flexibility to survive. JPMorgan private wealth management business (JPMorgan Private Wealth Management), managing director Lester (Leslie Lassiter) said, the most abundant financial resources has a very diversified customer portfolio, their investment is not limited to stocks and bonds, but also hedge funds, foreign exchange, commodities and emerging markets.

Lester said that there are many mutual funds to choose from, you can use them to invest in these types of assets.

The rich and those who want to become rich, one of the greatest differences between the two is that they pay in different ways. Millionaires are usually purchased with cash most of the goods, including cars, houses and yachts.

Of course, the ordinary working-class, may not be able to do this, but the fact remains that conveys a truth: Do not let debt pay for your lifestyle.

Most of the rich to borrow for investment, and they are very careful not to their debt levels become too high. Lester said that no one should be careful to use debt.

They will also carry out detailed planning, and it put a lot of time. Many wealthy people like to save money in the beloved but also investment, they often say that the process of enrichment is much more interesting than this result.

In addition, they are full of patience, long-term investments and are willing to wait patiently. Fidelity Investments (Fidelity Investments)'s National Finance Corporation (National Financial), president Mirchandani (Sanjiv Mirchandani) that they hold their own stable of investment goods, is likely to have developed a financial plan in advance.

Many rich people take long-term investment strategies because they are now working to achieve financial freedom. Such as when they retire, many of them will be well aware of how much money they need to earn a living, how much for the donation and how much money left as a legacy.

Lester said that most people are very clear mind to maintain daily liquidity needs of the overhead amount, they will ensure that there are so many on hand in cash. She also said that ordinary people should do so.

At the same time, she said most of the wealthy will be very cautious about debt. Rich people tend to achieve a balance between assets and liabilities.

The following are some suggestions on how to accumulate wealth:

Living within our means: a lot of money but whose income is "moonlight clan" who is not wealthy, they are just silly.

Good plan: that is for today, tomorrow and do the three decades after retirement plans. Slowly to plan, do not worry, every day, take the time to test your plan. Develop a budget and strictly enforced.

Diversification: As Lester said, try investing in mutual funds, through which you can not associate with each other asset classes for investment.

Reduce the use of credit cards, a cash payment: Of course, for the rich, the use of cash to buy a house is easier than most ordinary people, but to buy a luxury or luxury holiday credit card debt is owed will never lead you onto the road to riches.

Make cash readily available: Although most of the rich people of their wealth for investment, but as long as they can get some needed cash. Lester said that to have some kind of credit that can be used, for example, never use your home equity line of credit. It's like a safety valve. Lester recommended cash kept on hand should be able to ensure that the expenses for one year; Danziger think this time is best for three years.

Cash distributed: two or three years when the rich people will withdraw money from the stock market, they turn to open a bank account, bank account has the Federal Deposit Insurance Corporation (Federal Deposit Insurance Corp.) Offer up to 25 million U.S. dollars of deposit guarantee.

Their children into account, bearing in mind the importance of estate planning: the rich people will do everything possible to carry out financial management of their children's education - this is every family should do. Although with the kids when it comes to the issue of money is always easy to sense of foreboding heart, but you should know the successor of all your bank deposits and bank safety deposit box where - even if the above has been written with their names - - and the lawyers who will and who is entrusted to the submitted material, it is very important.