Safe Strategies for Financial Freedom by Van Tharp, D.R. Barton, Steve Sjuggerud

By Van Tharp, D.R. Barton, Steve Sjuggerud

Common sense principles for monetary Freedom--Anyone Can Do It! secure suggestions for monetary Freedom exhibits you ways to grasp in 30 seconds even if you have to be in or out of the marketplace. The authors exhibit you the way nice traders steer clear of mistakes--and win mammoth. With Van Tharp's mythical risk-control recommendations, learn the way the world's such a lot ecocnomic traders lessen their chance and go away their wealth-generating power limitless, and the way you can also. you will methods to make investments wisely--in all sorts of industry, conserving what you earn, and constructing assets of standard source of revenue to accomplish monetary independence. secure innovations for monetary Freedom offers you a particular software for liberating your self from the workplace--forever. permit it help you grab regulate of your monetary lifestyles by way of making an investment within the resources that would give you regular source of revenue till the day while your funding source of revenue surpasses your per month expenses--and you're, as soon as and for all, financially loose.

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By Van Tharp, D.R. Barton, Steve Sjuggerud

Common sense principles for monetary Freedom--Anyone Can Do It! secure suggestions for monetary Freedom exhibits you ways to grasp in 30 seconds even if you have to be in or out of the marketplace. The authors exhibit you the way nice traders steer clear of mistakes--and win mammoth. With Van Tharp's mythical risk-control recommendations, learn the way the world's such a lot ecocnomic traders lessen their chance and go away their wealth-generating power limitless, and the way you can also. you will methods to make investments wisely--in all sorts of industry, conserving what you earn, and constructing assets of standard source of revenue to accomplish monetary independence. secure innovations for monetary Freedom offers you a particular software for liberating your self from the workplace--forever. permit it help you grab regulate of your monetary lifestyles by way of making an investment within the resources that would give you regular source of revenue till the day while your funding source of revenue surpasses your per month expenses--and you're, as soon as and for all, financially loose.

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S . TA X E S he federal government was not allowed to tax your income until the Sixteenth Amendment to the Constitution was passed in 1913. That amendment was ratified by two-thirds of the states only because the government promised the final states that personal income taxes would never exceed 7% and that most people would be exempt. In fact, until World War II, personal income tax never exceeded 2% of the gross domestic product (GDP), but that all changed when the government needed money. 27 28 De v e lopi n g Yo u r P l a n to Q u i t W or k N ow Tax-Cutting Strategies You might be surprised to realize that your tax rate could be 50% to 55%.

Your property (asset) is generating cash flow for you. And this cash flow is what we are calling passive income. Note that the value (or appreciation) of the property is not included in this calculation. Values go up and down and cannot truly be determined until you actually sell the property. In addition, changes in property value do not generate cash flow, just changes in value on paper. What we are referring to as passive income is the actual income that you receive as cash on a monthly, quarterly, or yearly basis.

2. org. 3. John R. : Burley & Associates, 1998). com, or call 919-852-3994 or 800-385-4486. Burley also has a helpful book titled Powerful Changes. com to order. 35 This page intentionally left blank. ” —Robert Kiyosaki L et’s take some active steps now to increase the money flow in your life. Chapters 1 through 3 concentrated on the defensive side of your plan. You determined your financial freedom number and learned how to reduce it by being a little wiser in the way you live. This chapter continues your financial freedom plan, but we now focus on offensive strategies.

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