The Value of Trading and Investing in Cryptocurrency
It is fast becoming the case that cryptocurrencies are not so much the unknown new kid on the block. Almost everyone knows about them, and even more, have a working…
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Create Wealth (Investing)
55 posts
Creating wealth. I wrote a book, The Kickass Entrepreneur’s Guide to Investing, Three Simple Steps to Create Massive Wealth with Your Business’s Profits. It was number 1 for many weeks on Amazon in both the business and non-fiction sections in 2018. I write extensively about how to create massive wealth, investing, and my overall asset allocation strategy.
In a nutshell, here are my 8 tips for creating wealth:
- Taking some significant risks in business
- Making lots of profit in business
- Investing the business profits strategically
- Selling your business as a one-time cash infusion
- Having multiple sources of revenue streams
- Diversifying assets across multiple asset classes (as discussed extensively in my book which you can download free here)
- Investing in revenue-producing real estate
- Winning the lottery or inheriting a fortune from your long lost uncle
The last one is a joke of course. But, you can read more about these tips, and other wealth-creating habits and processes, in the blog posts listed below. In the meantime, good luck in your create massive wealth journey.
The Top 1% of Wealth Amounts for Canadians in 2021
*** If you want to know where you stand in regards to net worth in Canada from a percentile perspective, you can use the Canadian net worth calculator. Summary Findings…
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Create Wealth and Achieve Financial Independence by Creating Multiple Streams of Passive Sustainable Income
What do the wealthiest and most successful investors in the world know that you might not? I’m going to provide four instrumental pieces of information that you may have never…
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How Do You Grow Your Wealth in 2021? My 5 Step Plan to Build Wealth
The general economy in North America, and the world quite frankly, was not too healthy in 2020 – especially considering the recession, Covid, and the fairly high unemployment rates. The…
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What are Real Assets, and How to Diversify Your Wealth by Investing in Them?
Deciding how to allocate your assets can become rather complex, which is why many people hire a financial advisor. I’m not a big financial advisor fan. In fact, I think…
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The Entrepreneur’s Secret to How to Become Wealthy and Build a Personal Fortune
If you’re an entrepreneur wanting to create wealth and learn how to become wealthy, then it isn’t enough to rely solely on your business to make your fortune. Yes, you…
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How to Become a Millionaire by 30 in 7 Steps
Ethan is an 18-year-old budding entrepreneur who wants to know what it takes to create wealth. and become a millionaire by 30. He recently emailed me the following question: “I’m…
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The Secret Code For How to Become a Millionaire From Nothing and How to Become Rich
You’re here because you’re looking for the secret code for how to become a millionaire from nothing. There’s no shortage of articles written by people writing about how to become…
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How to Become a Decamillionaire, Grow your Net Worth to $10 Million, and Join the 1% Club
For points of clarification, a pentamillionaire is $5 million net worth, and a decamillionaire is someone whose net worth is $10 million. To many, either may seem unreachable. I’m going…
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How Much Money Do You Need To Never Have To Work Again? Let’s Do The Math.
The rhetoric around the notion of FIRE (financial independence, retire early) has definitely increased as of the last few years. The question is: How much money do you need to…
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