OUR TOP TEN FINANCIAL BLUNDERS
ALONG WITH VIDEO - TEACHING FOUR SIMPLE WAYS TO GROW YOUR PASSIVE INCOME, DRAMATICALLY REDUCE YOUR TAXES BY 30-40%, ALL THE WHILE GROWING YOUR ASSET BASE!
How to dramatically increase our personal cash flow and net worth to finally begin living the life we all believe we deserve!
Our not implementing strategic tax strategies that maximize what we keep and at the same time failing to realize that reducing our tax liability by as much as 30 to 40 percent will dramatically effect our positive net cash flow.
Our lack of understanding with regards to the “two” ways to create income. The most common method is exchanging hours for dollars (wages). The second yet unfortunately least understood is through earnings (profit) as a result of proper asset positioning. What is your ratio (wages/profit) of total income? Revenue from profit is key and creates a perpetual stream of income and financial freedom.
Our positioning investment dollars with little awareness. There are safe high return investments in addition to stocks, bonds and mutual funds for our tax advantaged IRA! Most importantly, structuring our IRA in a way that minimizes or eliminates the worry of shrinking account values come the day we begin our withdrawals.
Leaving our retirement plan to manage itself, all the while putting too much faith in our CPA or attorney.
Our throwing caution to the wind regarding asset protection and estate planning.
Our underestimating the importance of proper investment return. We need to be comfortable in knowing that our choices are realistic, in line with our time horizon, and congruent with our risk tolerance.
Our investing without sufficient knowledge. We must get educated as time allows. We must do our homework.
Our misunderstanding that when it comes to money, either we choose to work for it, or we have it work for us. Receiving our income, then doing very little to have this money work for us, is a critically expensive and timely error. The worst thing we medical professionals can do with our money is nothing!
Our failing to understand the need to incorporate or not to incorporate. Are their consequences either way? Which entity should one choose?
Our indifference as to the importance of real estate investing.
The video link below will share with you how to avoid these top ten financial blunders.
We are confident you will find it to be of great substance. You are welcome to contact us after viewing.
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“The best way to predict the future is to create it!”
-DR. GARY LAWRENCE
Your Top Ten Costly Financial Blunders with video explaining effective Passive Income Cash Growth and dramatic Tax Reducing strategies