Enrichment simple way for people to apply

Enrichment simple way for people to apply

This way even if you come from that line, then the probability of passive income stream (after 20 years, 30 years) will be large enough to cover all your daily living expenses without working.

There is so much debate about enrichment, but perhaps hard to agree with each other, even if the views expressed in Kyosaki Robert "Rich Dad Poor Dad" was a lot of opposition.

Many offer views very dangerous even when it works through the author cheered for road building business startup, the way that the probability of success applies to all people (all different walks , different education, different intellectual) not only in the 3% mark. Encourage people to a path failure probability is 97% complete is not a good advice, especially when less experienced young people apply this advice.

In the book presentation of "simple path enrichment as style easy and affordable meal for everyone to be done," then perhaps his "richest man in Babylon" was born nearly 100 years ago is work with the proper attitude and values ​​most.

In this work, the author summed up the experience of driving a commercial enrichment of ancient Babylon, and great knowledge is valuable Babylonian scholars summarized and recorded on cards and clay from 5000 years ago to be transmitted to posterity.

The basic steps are summarized rich from this book as follows:

+ Step 1: Save the money you earn each month, the minimum rate of 10% of earnings, most people do at this step, even if they are a public officer or an expert advanced techniques, or a normal workers, some workers (of large corporations or joint ventures) have high income levels can save up to 40% -> 50 % of salary, who owns the small business or the business owner, the savings rate was even higher on the income level of their profits.

+ Step 2: Use the savings to reinvest to generate new sources of income passively (ie earnings automatic delivery over time without the need for investors to put effort labor), the higher the savings set aside the passive income streams will become increasingly large, there are many ways to have this income stream, from simple to complex, from small scale to large scale , and despite how + scale also requires that the time factor, there is no way to get rich fast and easy at all.

These are steps anyone can do it, but some people fail because of lack of patience as well as diseases like "enriched flash", they do not have to "wait".

Let me list the ways to create passive streams of income in many different sizes, from small to large, anyone can do it, and anyone can make a variety of ways at the same time, more and more diversified, the cash flow more passive about the risks as well as broken down, and it is important you must constantly replenishment (from the savings account every month 10% + of the profits generated from the 2nd year onwards re-appointment add to) the items of this investment.

- Send a savings bank interest rates in the fever stage, the profit 11% / year can be achieved completely.

- Buy insurance from reputable insurance company and the world's leading, but the modest profit (7% / year), but it also is a mandatory choice for insurance risk individuals you may encounter.

- Purchase of government bonds (or bond) or bonds of large corporations by government guarantees or bonds of large corporations business performance and reputation (eg, VNM, the capital, Tan Tao ...), profits 15% / year entirely within reach.

- Buy shares of companies large and really valuable, head of the industry group, work efficiently in Vietnam (Telecommunications, milk, oil and gas, Confectionery, real estate, high technology ... ).

- Buying a house close to the apartment several times and then use it for rental.

- Contribution of capital and business establishment must be profitable and prestigious relatives, friends, colleagues ...

- Buy small houses, dilapidated, beautifully renovated for rental or resale

- Get more done with the best of their expertise to add additional inflow re ...

- And if you have experience, opportunity, capacity, capital, you can totally open a business to promote income generation process as quickly as possible

+ Step 3:

Continue re-monthly supplement to the above investments, additional re-sources from the 2nd year onwards will have 2 accounts:

- Savings 10% monthly

- Profits from passive income streams are reinvested back

And though the way the author has advised us to do good work that we are doing every day (skilled workers, engineers have proficient and professional, have good doctors, cosmetic makeup to pretty good sales to sales, sales to dynamic investment have patience ...) to the income from this work have been increasing reinvestment and thereby also be increased ...

And along with the time (short term is 5-10 years, 10-20 years mid-term and long-term is more than 20 years, depending on the income from your main job), whether you come from any bar, then the probability of passive income stream (after 20 years, 30 years) will be large enough to cover all your daily living expenses without working.

When you can complete 3 think the phrase "relax", "do what you love", "wealth".

But ...

Very few people want to choose to do this, because it requires long and patient process.

The young people in society to the method "enriched super speed" and "easy" ...

It is no coincidence that enrich teaching bookcases selling so fast again ...

And unfortunately I can not have a method like this to share with you ...

Nguyen Duc Tam