Wealth Creation Blog

As you research and work through the various wealth creation programs offered, you will come across many different strategies and types of investments for making money and building wealth. Not all strategies are for everyone, though, and you need to decide which is the most appropriate and most manageable for you.

What’s Your Wealth Creation Style?

As you read and learn about these various wealth creation strategies, you’ll get to know more about them, and you’ll begin to see which will suit your style and your life the best. Consider each investment strategy on its own and choose that which you feel most comfortable with.

Some things to think about when you are deciding on an investment strategy (or strategies) are:

• Previous experience or skill you might have that can be applied to a strategy

• Amount if money you have to invest

• Security of the investment

• Your personal comfort level in regards to risk

• Access to ongoing support and education for a given strategy (which should be no problem with the right wealth creation program leading the way)

• Your interest in a field or strategy—do what you have an interest in and that interest will sustain your efforts indefinitely!

How Much Is Enough?

Although it can be exciting to think about all the strategies for building wealth that are available to you, check yourself and do not try to do it all at once.

Americans like to use the expression, “Jack of all trades, Master of none”; this is not how you want to manage your wealth creation portfolio. You want to become a master of your chosen strategy first, see it through to success, and move on from there.

In the beginning, plan to focus your resources on just one or two strategies (which is not to say that you cannot make more than one investment, just that you invest using the same strategy or investment outlet for each); as you start making money and your experience and skills grows, reevaluate and consider new strategies (or stay with the same if its meeting your goals for wealth creation).

Wealth creation is a process that takes time—short time, relatively speaking, but time nonetheless. To enjoy the most success in wealth creation, start small and manageably and grow as you learn.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

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The reason that investing turns bigger profits than traditional bank accounts is that the investment markets are riskier—you are rewarded for investing in something that is not a sure bet. Therefore, inherently, wealth creation through investment is somewhat risky; without risk, though, all you have is marginal growth through savings.

However, your overall wealth creation strategy does not have to be risky. By using a simple strategy for wealth building designed by Jamie McIntyre, you can spread risk thin so that there is little to no chance of losing it all.

Baby Buckets

Jamie starts us off with the analogy of a big bucket of wealth. From that store, the money you have is divided into four smaller “buckets”, or “baby buckets” as Jamie likes to call them.

Each baby bucket is purposed for a different type of wealth. First you have your

• Security (cash) bucket

• Growth bucket

• Momentum bucket

• Lifestyle bucket

Each of these buckets, as you might have guessed, carry a different level of risk and are to be used for different types of investments (or for different strategies, as you choose).

The purpose of the baby bucket strategy is to create a personal investment portfolio of sorts. Taken as a whole, these baby buckets give you the ability to both secure a firm financial foundation and grow funds without the risk of losing it all. It’s risk and security all rolled into one.

In a future post, we’ll talk more about what goes into each of these wealth creation buckets and what the different levels of risk are. For now, start thinking about this concept. Strategies like the baby bucket principle are an important part of developing financial intelligence. These are the types of strategies that will help you start thinking about the big picture and the kinds of spending/saving/investment changes you need to make in your life so that you can work towards achieving sustainable wealth and financial freedom instead of gaining a few big investment wins that will last only temporarily.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

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Are you here because you are one whose wealth-creation program has been running around incognito?  Did you think you were buying into something promising and great, something that could really give you the tools you need to make money and create wealth?  Are you still looking for the wealth-creation part of your program?  The part that gives you a complete set of skills to make money with? You’ll be able to answer ‘no’ to all of these questions if you’re participating in the right system for creating wealth; if you’ve trusted another program that just isn’t delivering for you, though, perhaps you’re here hoping there is still someone out there that will.

Telltale Signs Of Scammy Wealth Creation Systems

 I wish I could just list all the scams out there, but for one it might get me into some trouble, for two others may disagree, and for three—there are just too many to keep up with!  Instead, maybe I can give you some pointers of the programs that are disguising themselves as real wealth-building opportunities without foundation. 

• Nothing to learn

A wealth creation program is really an educational opportunity.  It is not about you handing over your money to someone else to ‘invest’, or about you pooling your money with a group of strangers.  Good financial empowerment programs teach you how to invest in a way that actually works. 

• Nothing to reproduce

Your wealth creation program should give you investment knowledge and strategies that can be reproduced—over and over throughout your life, so that you create a whole lifelong system for making money, not a one-shot deal that claims to make it all in one investment (a great way to lose everything). 

• The sales pitches only approach

A lot of the financial products being sold as wealth building programs are nothing more than sales-pitches for investment software, etc.  Make sure you are buying an education that teaches you. 

• Buying into a ‘business’

You don’t build wealth by saving money through strategic buying alliances and multilevel marketing schemes.  Heck, you probably don’t even really save money on products “you buy anyway” by doing that. 

• Nothing to prove

A program with no backing is not a successful, replicable system for creating wealth.  Make sure the program you invest in has references and testimonials from clients who have used the system and succeeded. A financial program for making money and creating wealth that meets the above criteria—or more accurately, does not meet the above criteria—will be flexible and versatile as well.  Choose a reputable system to teach you how to create wealth, and steer well clear of the scams that are just ready to take your money and run. 

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

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You will find the best potential for success with a wealth creation program that is versatile and flexible.  A versatile program for creating wealth will give you both the guidance and the flexibility you need to succeed, make money, and achieve lasting financial freedom.

What Kind Of Program Versatility Do You Need?

There are many avenues and strategies for investment that can be used to create wealth.  You can invest in property, insurance, the stock market, business, and other areas as well.  What’s more, within each area of investment you can employ different wealth-building investment strategies.  When you multiply the number of avenues with the number of investment strategies, you come up with a great many possibilities for making money and creating wealth. Many wealth creation programs available today are nothing more than the one path and strategy that worked well for the creator of the program.

In other words, the creator made money by using strategy Y in avenue B, and that is exactly what he or she will teach in his or her wealth creation program.  If this happens to be a program that matches your investment resources and style, then you may well make money with it, too.  If, however, after investing a lot of time and money in this program, you find that the program is not workable for you, you’ve wasted a lot of time and lost precious financial resources. A more holistic program for building wealth will give you a much better chance at succeeding and reaching your wealth-creation goal.  Find a program that offers to teach : 

A variety of investment strategies

Investment strategies that can be applied in different areas of investment

Different types of investments (presents the many avenues for wealth creation)

The mindset and life alteration necessary to succeed at wealth creation (*This is a big one! If you don’t know what you need to do differently to develop the mindset needed for financial success, you will not successfully build wealth!)

Assess your wealth creation program and make sure that you can use the information it contains in a variety of ways to carry you through wealth creation in the beginning, and on through the end—a program that can both get you your start and change as you grow!  Boost your wealth-building potential with a versatile wealth creation system! 

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

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You’ve got great plans for making money and creating wealth this year. Now don’t keep it to yourself—tell someone! By just telling another you increase your odds of succeeding at wealth creation.

Share Your Future Wealth Creation Success

There are more reasons than one to share your wealth creation success with those around you. By telling someone else about your plans for wealth creation, you accomplish a couple of things.

• First, you make your commitment real—to you! Just telling someone else about something you plan to do helps make it real. It’s all psychology of the self, but when you hear yourself speaking what you’ve only talked about in your mind, it becomes more real to you. In essence, you tell yourself that you are really committed to wealth creation, in part because of your willingness to share your plans.

• When you tell another how you plan to pursue wealth creation, your ego steps in, too (in a good way this time!). Your ego isn’t going to respond well to you failing and having to save face; telling someone about your plans to make money and create wealth becomes a form of self-motivation.

• Enlisting support of friends, family, and those who care about you gains additional support, confidence, and motivation that can help carry you through your less confident times.

• Sharing your plans to achieve financial freedom may well be the boost those close to you need to do the same! Not only does talking about wealth creation with other people gain you needed support and motivation, you cast the same out to those around you, creating an even bigger and better atmosphere of success and wealth!

Sharing wealth creation with other people—people who can be positive and supporting, or share an interest in creating wealth—will help you and eventually come full-circle. Talking about wealth creation plans draws wealth and success to you (remember the mindset and positive powers of attraction we talked about before?). Make it your goal today to share your excitement and ambition with someone that can benefit from your wealth creation efforts, and help you solidify your goal of achieving financial freedom.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

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