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So you want to be Rich? Let us first look at what your idea of being rich is. Is it having a million dollars, ten million, or having nice toys, like Ferraris and jet skis. I would say that being rich is having enough passive and portfolio income to support the lifestyle you want to live, while not having to work for someone else.

Many people go to work every day so they have that safe secure job that they cling to. I think we both know it’s time for a change, and take control of yourself and your financial future.

On this site we give you the tools and information you will need to get started. Start with your current budget. What can you afford to invest into assets each month, or better yet, what can you push yourself to invest each month knowing that the more you invest the more income you will eventually have coming in each and every month. Income that will come regardless of how many hours you put in at the office, shop, or field.

Here is what you will need to become in control of your financial future.

Dividends: Look for good companies with proven track records. Buy low and hold for the long term. Re-invest all dividends for as long as possible. This will compound your earnings growing with every quarter. Let them grow for as long as possible or as long as you need too for your financial plan. Then enjoy the benefits of this source of passive income.

Real Estate: There are many areas to make money in real estate but for the most hands off you will want commercial or a larger residential rental property. They should be large enough to support the use of caretakers and property management. This can also work on single family homes.

Businesses:  Creating your own start up can reap you many rewards. You will want to keep an exit plan in mind when creating the business or someone to take over the day to day running of the business. An internet business is a great place to start because of the number of potential customers and the cheap start up.

There is more to come on. Stay tuned!