Learn Wealth Creation

Frustration Can Be Your Guide

In our quest for creating wealth, there comes times when we become frustrated that we are not getting anywhere towards our goals. This frustration is actually a good sign, and today I want to discuss why that is so.

Making money is simple, yet not easy. What I mean by this is that there are some amazing wealth creation strategies out there, yet we as individuals are the ones that complicate them due to our various mindsets, and of course our own personal circumstances at the time.

Something that I see often, is someone who has learned some fantastic Stock Market or Property Investing Strategy, and due to them not being able to access the money right now to take advantage of this opportunity, they get frustrated and tell themselves that they can not do it.

Now this is not the correct way of thinking if we are ever to create wealth. Some people want to wait until they have $100,000 before they want to invest in a simple Share Renting strategy that will make them about 3% per month, most months of the year. That gives them about $3000 per month income. Many people don’t have access to $100,000, yet they may have access to $10,000. This could now be making you $300 per month, although I hear a lot that many people will not do it because they don’t see $300 as worth it as that will not make them wealthy.

Well if you are making $300 per month, every month, do you not think that you are now a real investor? Are you not getting the same real life experience as someone who is trading $100,000 or even $1,000,000? You are, everything is exactly the same, including the % profit of 3% you are making. So how come you are still waiting and being frustrated?

When you find yourself frustrated with your new found wealth education, then take action and do what you have learnt. Frustration is great, as it means your level of knowledge has grown and you are searching for a way to implement it.

Advice For Young Investors Part1

It is often hard for young investors to get good advice when it comes to investing. Often, they ask their friends or family for advice on how to get money, and what to do with money once they have it. This can have some detrimental outcomes, as younger people are easily influenced by their peers suggestions.

Firstly, just because someone offers you investment advice, it does not mean that advice is substantiated. If you must take advice from family or friends, it is best to do so only if that person is a successful investor themselves, and has the results to prove it. The most expensive advice, is usually free.

So where can a young investor go to get help? There are many ways to get good advice, and perhaps the most effective method, if to find a mentor. Preferably you would want your mentor to be someone who is successful in the investing field that interests you the most. If you wanted to be the next Warren Buffet then you wouldn’t necessarily look for a mentor who is a property investor would you.

To find a mentor, you will have to take massive action and get out there and put yourself on the line. Track down successful people, and arrange to meet them so you discuss your ambitions with. Many times, you will have to pay to be mentored, and this is totally acceptable. By paying money, you are implanting in your mind that you will treasure the information that you receive, and that you are serious about your goals. As a mentor, they will see that you are serious, and in turn will give you both time and advice. Who knows, perhaps you will even become a business partner with your mentor.

Your mentor doesn’t have to be someone that you do have real contact with. It could be someone from a Wealth Creation Homestudy program. This is often a highly effective way to get access to wealth education experts that you would not normally be able to. For your investment, there are some amazing strategies and investment advice that is yours to watch, as many times as you please. When I was starting out, I purchased many Stock Market and Property Investing Homestudy Programs, and in turn those investments paid for themselves quite quickly.

That’s all for part one of Advice for young investors. Next time we’ll have a look at some more ways you can get great advice to get your investing career off to a flying start.

Welcome To the Learn Wealth Creation Blog. My name is Clint Maher and the purpose of this blog is to give you real wealth creation strategies that will help you reach your financial goals. The strategies are the same ones that I use on a daily basis, and they are the ones that I used to leave behind a six figure a year job that I did not like.

There will be information on all aspects of wealth creation, and a lot of focus on the importance of the wealth mindset. If you would like to know anything at all about the creation of wealth, then please feel free to offer any suggestions about future postings.