Saturday, September 04, 2010

Develop Multiple Income Streams (2)

Believe me when I tell you that you will find the additional savings if you look critically at your expense lines. I have done it before and so I speak from experience. There are things you don’t need but you engage in those expenses maybe because others are doing it or maybe because you believe you will die if you don’t buy that item.

Far from it as there is nothing indispensable as far as expenditure is concerned. If you don’t believe me, then go and ask someone who has not eaten for 2 straight days if he feels like going shopping to buy clothing and then you realise from his response his priority at that moment is to kill the hunger he feels.

Or go ask a homeless individual in the chill of the night if he wants to buy a television and then his response would be that he wants a home and warm bed to lay his head.


People have different expense priorities at different times and so anything additional that is not a priority could be done away with and the extra money saved towards investment in an additional income stream.

It is that additional income stream one could now use to engage in the expenses that are not priorities. But I tell you some other folks would rather look for a 3rd additional income stream. It all has to do with one’s level of discipline and focus in life.


So please do not make excuses anymore about not having enough money whether you are a new business owner or an employee. With time, you would see how much you can save for investment if you follow the advice I have given here.

Now having gotten the additional money for investment, what area could one invest it? One good area to invest additional income is Real Estate since the world’s population is always growing faster than available housing, which means there will always be a need for accommodation for families, business people and even organisers of different sporting and social events.

Another area of investment could be in the money and capital markets. Yes, I know someone else would shout “no way” because people lost money in the recent stock markets crash. Now take note that there is never any such thing as a safe investment.


Someone I would refer to as a sage made a remarkable statement, “The gambling known as business looks with austere disfavour on the business known as gambling”. What this person was saying in essence is that gambling is a business just as business is like gambling.

In business you cannot have it all because you will lose sometimes and gain sometimes just as we were taught about profit and loss in elementary math. So, as you cannot rule out other areas of investments as being risky, so the money and capital markets are equally risky. What one therefore needs to do is to become an informed investor.

This, I can tell you, has been the number one secret American billionaire Warren Buffet has used to help him take financial investment decisions in the stock market. He is always reading companies’ financial reports on a daily basis and so he has a long term perspective of their businesses and is therefore able to make informed business investment decisions regarding them.

Anyone who wants to go into the investment world cannot therefore afford not to do otherwise but that would amount to gambling at the highest level. The forex market is another very risky but extremely profitable area of investment one can put additional income.


Once again, I advise that you take time to get important information about the market before committing any funds there. Don’t be carried away by the potential returns available without doing the necessary homework of finding out what it entails and how the winners there take their investment decisions.

Finally, the third one I want to introduce is online business and by this I mean earning legitimate income on the internet to pay one’s bills and add extra for taking of other luxuries. Unfortunately, there are many scams out there and it would take one with experience to be able to sieve the genuine sites from the fake ones.

There are a number of people who have been able to find and earn wealth online and are having a great time doing that. At this point and with my experience online, it would be unfair of me not to direct you to a legitimate and profitable program I have discovered.

I need not say much since the site says it all. I would just advise that you take advantage of this opportunity. For those who have been online and know what obtains there, you would after seeing this agree that this is a bomb of an opportunity for anyone to miss especially for one operating on a low financial budget. Here it is: http://www.pluginprofitsite.com/main-5262.

So begin now to develop additional income streams as the initial ones give extra savings and watch your fortunes skyrocket over time.

There you have another wealth secret!


© copyright Gabriel Ama.
------------------------------------------------------
Click HERE to access insider secrets on how to start a business on Amazon, how to build it and profit from your efforts!
------------------------------------------------------

No comments: