Tuesday, February 12, 2008

Investment

The Process - Knowledge Goals Plan Action Success What does it take to be a financial success? Create passive income where money works for you instead of active income where you work for money. Active income working for money, and when a person stops working the income stops too. Passive income is potential income such as investing in a business, real estate, stocks, bonds, options, forex, and commodities that can earn an investor income 24 hours day. There is risk in investing, and investors should become aware of this investment risk and manage the risk with strong money management. With passive income an investor can be earning money while not working. Start with attaining investing education and knowledge. Set dated investment goals. A goal with a date puts urgency to the goal. Its goals and dreams that move persons to take action and make them a reality. Create or obtain a sound and flexible investment plan. Then take action on the plan. The result in time will be financial success. It takes time and persistence for an investment to earn a strong return in the long term

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