There are four main wealth
streams:
|
1
|
Business
|
|
2
|
Property |
|
3
|
Stocks
and Shares(Equities) |
|
4
|
The
Internet |
Business
Many of us have an idea
that we would love to turn into a business.But there are many obstacles in
our way, before we can turn the dream into reality.This site should help.
Property
With the boom in buy-to-lets,
property investment has been one of the biggest growth areas in recent years.
There are number of ways
to make money in this field, and here's five:
- Buy,renovate and sell
- Buy shares in a property
unit/investment trust
- Buy properties at auction,
and: renovate and sell/let
- Buy shares in a property
company
- Create a property "club",and
pool your resources to build a portfolio of properties.
For a detailed strategy
on this wealth stream, download: "The
Property Intensive",
by Nicola Cairncross
Stocks and Shares
We all want to make money
and we don't want to spend a lot of time doing it .Here's four ways:-
- Invest in bank shares
not their savings account-A typical bank savings account will net you
interest of typically 3%Typically bank shares have been producing yields
of between 5%-6%
- Invest through your
pension-From
April 2006 you will be able to set up a self-invested personal pension.A
basic rate taxpayer will be able to buy a £1 investment for just 78p
of taxed earnings,and 60p for a high rate taxpayer.
- Re-invest dividends-The
bedrock of all long-term stock market performance.The Barclays Equity Gilt
study shows that £100 invested in 1899 in a broad range of shares
would be worth just £170 in real terms at the end of 2004,excluding
dividends.Yet with full reinvestment would be worth £18,875-the numbers
speak for themselves
- A low cost index
tracker-The stockmarket over the long term,with dividends reinvested,outperformed
every other kind of investment.The easiest way share in the growth is to
purchase a low cost index tracker,which takes a broad range of shares which
are representative of the economy
Internet (Online) Business
So much has been written
about the Internet's opportunities to create wealth.Here's two free ebooks
for you to learn from:
- Harvey Segal's 101
SuperTips-Packed with unique and unusual tips for the online marketer!
There's great ideas on a diverse range of topics such as:
- Affiliate programs;
- Ebook publishing;
- Web design;
- Website promotion;
- Theme sites;and
- Ezine publishing
- Shelley Lowery's: Ebooks:A
Complete Guide to Self-Publishing-With
lots of useful information on how to go about:
- Researching;
- Brainstorming ideas;
- Ebook design;
- Promoting your book;and
- Lots more....
