Purchasing Property In Equipment And Operating Investing Or Financing Activity Create Multiple Streams Of Income With 3 Great Money Mountains

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Create Multiple Streams Of Income With 3 Great Money Mountains

There are three major financial freedom mountains. Each mountain is different from the others. However, each mountain can be extremely important to your long-term financial success. Investing in the entire hill range gives you the security of diversification and constant exposure to hot opportunities.

Separate streams of income flow from each of these money mountains, 10 to be exact. The goal is to have multiple streams flow from each money mountain into your storehouse of accumulated wealth. These are not just ordinary streams of income, they have passed through the formula of the money tree. You want streams of income that flow into your life 24 hours a day – even while you sleep.

Real Estate Mountain

This is a very important piece of your lifelong financial freedom plan. There are hundreds of books on how to make money in real estate. I should know. I have written three of them. Each of these books is filled with dozens of strategies, techniques and tips. If you want to be successful in real estate investing, remember this…

looking for

fund

farming

You need to know how to find bargain properties, how to fund those properties, and then how to farm them – or profit from each deal. There are thousands of properties for sale in your own city, yet you can eliminate 99 percent of them from consideration by first determining which of them are the best bargains. Then you can worry about the funds needed to get them. Then you decide whether to keep them for long-term gain or flip them for short-term gain. It may sound oversimplified but that’s the world of real estate investing in a nutshell. Find this out. Fund it. Cultivate.

Investment Mountain

The same is the case with investment hills. There are $10,000 worth of individual stocks and nearly as many mutual funds in the stock market. As with real estate, there is a formula I use to filter these stocks. Here’s what you need to know.

Screening and filtering

within time

Time out

Using simple, understandable filters, you can sift through the gravel of the market and uncover a nugget or two. Using the power of cheap tools, you can know exactly when to buy and exactly when to sell. The results will surprise you.

Marketing Mountain

There are literally thousands of “deals” floating around out there. So, how do you choose the right business opportunity that is right for you? Again, you use the money tree formula to filter out all the opportunities and then you can start narrowing them down even further. You should find an opportunity that you are passionate about.

I’ve done some screening myself and found 4 areas of business that have the potential to generate untold amounts of income.

Internet

Information technology

Network Marketing

license

The basic activity behind all of them is marketing. That’s why I call it the Marketing Mountain. Whether you’re selling an idea, service, or product, nothing happens without marketing. Even the best books languish in a dusty garage without marketing. Without marketing your website is nothing more than a multimedia billboard in a corner of your basement. Learning how to market is very important, because whoever markets well wins. And we all want our business to win.

So which money mountain do you want to climb? Hopefully all of them.. right? Each mountain requires a unique set of skills, and it’s important to develop these skills so you can use them when needed.

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