Wealth building 101 - Following the Masses Is Not a Good Strategy

Wealth building 101 - continued

What is your wealth building strategy thinking? Take a look at your own game plan for creating money now.

Here is part II of yesterday’s blog about creating a wealth building strategy mindset.

THE TRUTH

Wealthy people grow their money elsewhere and use the stock market to help preserve their wealth. You see wealthy people know that it takes far too long to get rich on small profits so they go where the big profits are. Where is this? It is in commodities. Crude oil, soybeans, corn, gold and cattle are just some examples of commodities.

How would you like to turn the tables on the liars and make big money? Okay, remember the lairs use the S&P 500 and the Dow to make money. You can beat both the S&P 500 and the Dow with one investment. I recommend purchasing contracts or call options in the gold market on the commodities exchange.

For example, on the day of this writing if you had invested $2,000 you would now have $3,400. This is a 70% profit. The best part of all is that this was done in one day. You could take your profits and you would have beaten the liars because they could not give you this amount of profits even if they had a year or two to do it.

Another piece of advice I’ll share with you is that most people buy when the investment is rising. This can be the worse time to buy. Wait until the price drops a bit, believe me it will, and then buy. You may be asking yourself two questions. The first is why wait and the second is how do I know the price will drop a bit?

The reason you buy on down days is because you get in at a better price. I realize this is contradictory to how most people invest. They usually buy on up days because amateur investors say that is the time to buy. However, it is best to buy when more people are selling and sell when more people are buying.

For example, today in gold more people are buying and that is why the price is up. I would tell you to take your profits and get out. You would be out with a nice profit. Tomorrow if the price goes down I would tell you to get back in. You would be able to get in cheap because more people would be selling and that would be why the price would be down.

The reason the price will surely drop sometime in the next few days is because eventually there would be massive profit taking. People would get out of the investment and take their profits. As more and more people began to see others take their profits they will do the same and it will drive down the price.

You and I would have already taken our profits earlier and now we would be looking to get back in as these other people are unloading their investment. You and I would get back in at a bargain.

Buy on down days and sell on up days. This is how real fortunes are made!

If this sounds like a strong wealth building strategy then you have come to the right place.

If you are interested in learning how to produce cash flow then proceed to the following link. www.themoneymotivator.com If you had a solid method to make money in good times or bad times do you think you would be ahead of the game?

Go here right now to find out how David does it. www.themoneymotivator.com David Wells can show you a way to make money during inflation, recession or depression. Yes you heard right.