Be a Financial Black Belt by Tom Cromwell
Are you being robbed of your retirement?
Do you want to know how to acquire wealth like the 1% using a 21 step secret money paradigm, even if you know nothing about personal finance? Then keep reading….
The median net worth of an American at age 64 is just $224,000. In retirement, the majority of Americans will have less than $15,000 per year to live on, plus their social security, assuming they plan on dying at the average age of 79, leaving nothing! If they expect to live longer and don’t want to rely on their social security, then they will have to be even more frugal in retirement—a pretty frightening thought. Faced with having to eke out a tiny pension for the rest of your life or keep working into your seventies would be a scenario you are pretty desperate to avoid?
In this book, you will discover:
- How to organize and manage your finances like the rich.
- Why trying to find your passion is misdirecting you.
- Why some people almost always make money in the stock market.
- Why you should develop a healthy appetite for risk. .
- How to avoid 5 disastrous mistakes you could be about to make.
- 9 things to do every day to improve your life.
- Which investment strategies and asset classes would suit you.
- Why cash flow is king.
- Eliminate the bad habits that are keeping you poor.
- 21 specific steps or actions to put you on the right road to wealth.
And much, much more.
When considering what it would take to be a financial black belt, we looked at billionaires like Warren Buffett, Bill Gates, Jeff Bezos, Carl Icahn and Ray Dalio, they displayed all of the elements which we shall examine, as demonstrated by them in interviews, lectures and their writing. However, when we analyzed and surveyed the habits and traits of mere self-made millionaires, we found a correlation of only two-thirds of the elements displayed in 93% of the sample. Only a few (14%) showed all of them. Maybe they are billionaires of the future, who knows?
Now there will be critics who will say that correlation is not causation. I agree that it is not. I don’t think it is possible to evidence this. After all, the only way to make a million dollars is to go out and make three million (taxes!).
However, ask yourself this would you rather be sharing the same values, habits, and beliefs as those who have demonstrable wealth or the critics and nay-sayers who almost certainly don’t? I can put you on the right road prosperity, but I can’t make you travel down it. To get to the end you have to take action.