Generating 7 Streams of Income

Sorry we haven’t posted any new comments for a while. We have been having technical difficulties and thanks to the Live Help at our hosting service and thanks to reading “Wordpress For Dummies” written buy Lisa Sabin-Wilson www.justagirlintheworld.com we have been able to figure it out….

So, let’s get back up to speed. Anyone who observed the stock market this week is really seeing the chickens come home to roost. If I owned any stocks, had anything in the stockmarket via mutual funds, IRAs, 401Ks etc, I would be very nervous and taking a very defensive strategy right now. Take a look at gold and silver, they are doing incredibly well, up significantly all week as investors look for a safe haven and a hedge against inflation.

Here is a book worth reading, I am flying through it right now, “The Collapse of the Dollar and How To Profit From It” by James Turk and John Rubino. This book really clearly explains the financial predicament we are in and lets you know what you need to do immediately. Let me know your thoughts..

So, what do we need to do? We need 7 Streams of Income to produce all the cash we could ever need. Then we need to pay off debt, save up sufficient reserves, then look to invest our excess cash wisely. So, what ideas do you have and what is working for you?

I believe just simply avoiding the mall, looking at “toys” will help you spend less. Instead of going to the mall go to the park, go to the gym, read with the kids, anything to avoid seeing those shoes you must have or shirt, or SUV or boat….

In terms of Generating 7 Streams of Income, discover what you are passionate about, let us know what it is and then let’s discuss a plan of action where you can add Streams of Income to your situation. I look forward to hearing from you.�

This entry was posted on Sunday, July 13th, 2008 @ 12:33 am on the category Generating Streams of Income. You can follow any responses to this entry through the RSS 2.0 You can leave a response, or trackback from your own site.