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Introduction
Wealth creation is more than a long-term approach to investing your money; it’s all about the end result, your financial freedom. Creating sustainable life-long wealth can be a pipe dream fantasy for many though it is possible by utilizing discipline and understanding strategies and investment opportunities that can help you increase the amount of money you have.
Things to consider
– What do I want to achieve?
– When do I want to achieve it?
– Will I need access to my money along the way?
– How much control do I have over the investment strategy?
– What level of return do I need over the long-term?
– How can I minimise the amount of tax I pay?
– What are the risks?
– Can I afford to retire?
Summary
There are more people achieving financial independence faster today than ever before. Somewhere, somehow, someone becomes a self-made millionaire at the rate of one every four and a half minutes, 365 days a year. And for every person who becomes a self-made millionaire, there are many, many more who are achieving a net worth in the hundreds of thousands of dollars through different wealth creation strategies. By setting financial accumulation and financial independence as your career goals, and then by making a plan on the one hand to get better and better at what you do while on the other hand saving more and more of what you earn, you will become financially independent, if not a self-made millionaire in the years ahead.
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