$ Fast Money Happens - Take My Hand

Who Wants To Be A Millionaire?

Do you often wonder if you'll ever make enough money to really do what you want with your life?


Are you tired of struggling through all of the frustration and the stress just to end up with a meager paycheck? Tired of living your life on a two week basis because you can't make any plans until you know what you can afford with what's left over from your paycheck?


Want to escape the vicious cycle that keeps you, either, poor or just happy enough to get back on the rat race's frantic treadmill day after day?


There is a better way. Take My Hand



You don't have to live like that you know?
FMH has been gracious enough to provide me this forum and in exchange I've vowed to help as many people as I can.

Do It Now. Before it's too late.

Most of you are probably accustomed to the "workaday" system of making money. Problem is that most individuals can not earn the type of money from the "workaday" system that will allow them to be free from dependency on it and truly attain a comfortable life with no financial worries. Want to break the chains that bind you to the "workaday" system and keep you in the poor house?

Powerful Message. Timely Information.
Avail yourself of the best that is available to help you.

I will be hosting the Chicago Region information session(s) in November 2006. I will have only so much room to accommodate guests so space is limited. My purpose is to disseminate information with the fervent hope that those in attendance will see instantly & clearly the far reaching financial potential of what I propose. Ultimately, those who understand the offer may be given the opportunity to join me in a real world business project modeled on the financial advantage philosophy that I espouse.

At What Cost?  316

The cost is $316. Pay in February 2006 or March 2006 and your cost is only $265. Once you get to the door it's much too late to pay. Only those who pay ahead of time, before arriving at the door, will be welcomed in; all others will be turned away.

What Must I do?

Request guest status via email to goodlifeatfastmoneyhappens.com   You will receive a reply explaining where or how you can make your payment. Replace at with @ before sending email. Remember:

  • pay in February 2006 or March 2006 and your cost is $265
  • pay in April 2006 or after and your cost is $316
  • you must pay in advance. you can not pay at the door
  • space is limited

Request guest status via email to goodlifeatfastmoneyhappens.com   You will receive a reply explaining where or how you can make your payment. Replace at with @ before sending email.





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                                                              money
Wealth
From Wikipedia, the free encyclopedia.
(Redirected from Wealthy)

Wealth usually refers to money and property. It is the abundance of objects of value and also the state of having accumulated these objects. The use of the word itself assumes some socially-accepted means of identifying objects, land, or money as "belonging to" someone¯ i.e. a broadly accepted notion of property and a means of protection of that property that can be invoked with minimal (or, ideally, no) effort and expense on the part of the owner. Concepts of wealth vary among societies.

A person that is wealthy or rich is someone that has accumulated substantial wealth relative to others in that society or reference group. The state of being wealthy is a relative term.

The capitalist notion of wealth
Industrialization emphasized the role of technology. Many jobs were automated. Machines replaced some workers while other workers became more specialized. Labor specialization became critical to economic success. However, physical capital, as it came to be known, consisting of both the natural capital (raw materials from nature) and the infrastructural capital (facilitating technology), became the focus of the analysis of wealth. Adam Smith saw wealth creation as the combination of materials, labor, land, and technology in such a way as to capture a profit. The theories of David Ricardo, John Locke, John Stuart Mill, and later, Karl Marx, in the 18th century and 19th century built on these views of wealth that we now call classical economics and Marxist economics.

Other concepts of wealth

Zero-sum game
Regardless of whether you define wealth as the sum total of all currency, the M1 money supply, or a broader measure, which includes money, securities, and property, the supply of wealth, while limited, is not fixed. Thus, there is room for people to gain wealth without taking from others and wealth is not a zero-sum game in the long term. Many things can affect the creation and destruction of wealth including size of the work force, production efficiency, available resource endowments, inventions, innovations, and availability of capital.

Nonetheless, at any given point in time, there is a limited amount of wealth which exists. That is to say, it is fixed in the immediate term. People who study short term issues see wealth as a zero sum game and concentrate on the distribution of wealth. People who study long term issues see wealth as a non-zero sum game and concentrate on wealth creation. Other people put equal emphasis on both the creation and the distribution of wealth.

In the very long term the amount of raw materials is limited to what exists in the universe. However, since the application of human ingenuity to raw materials can transform these to more valuable forms, the only apparent limit to wealth creation is human ingenuity.

Wealth as time
According to Robert Kiyosaki, author of Rich Dad Poor Dad, which has been on the New York Times best seller list for 236 weeks now, wealth is nothing more than a measurement of time. Wealth is simply how long you can continue to live your lifestyle without any adjustments when you cease working...[whether planned or because of downsizing, layoff, illness, firing, etc]. For instance if you have a burn rate of $2,000 a month in bills and expenses and $4,000 in the bank and you have no other forms of income then you have a wealth measurement of 2 months. If however you are simply able to increase other forms of income, those which are not the result of trading time for money, to a point where they exceed your monthly burn rate you will effectively reach infinite wealth. Wealth exists without work; think of if you were the sole income to your household and became disabled how would your family be impacted.

The creation of wealth

Wealth is created through several means.

    * Natural resources can be harvested and sold to those who want them.
    * Material can be changed into something more valuable through proper application of labor and equipment.
    * Better methods also create additional wealth by allowing faster creation of wealth.
    * Ideas create additional wealth by allowing it to be created faster or with new methods.

For example, consider our early ancestors. Building a house from trees created something of greater value for the builder. Hunting and firewood created food and fed a growing family. Agriculture converted labor into more food and resources. Continuing use of resources and effort has allowed many descendants to own much more than that first house.

This is still true today. It is more obvious to those working with physical material than to a service worker or knowledge worker. A cubicle worker may not be aware of how many ways their work is creating something which is of more value to their employer than the amount that employer paid to produce it. This profit creates wealth for the owners of the organization. The process also provides income for employees, and suppliers, and it makes the continued existence of the organization possible.


The distribution of wealth
In ecologically rich areas such as those inhabited by the Haida in the Cascadia Pacific East Rim ecoregion traditions like potlatch kept wealth relatively evenly distributed, requiring leaders to buy continued status and respect with giveaways of wealth to the poorer members of society. Such traditions make what are today often seen as government responsibilities into matters of personal honor.

In modern societies the tradition of philanthropy exists. Large donations from funds created by wealthy individuals are highly visible, although small contributions by many people also offer a wide variety of support within a society. The continued existence of organizations which survive on donations indicate that our society has at least some level of philanthropy.

Furthermore, in today's societies much wealth distribution and redistribution is the result of government policies and programs. Government policies like the "progressivity" or "regressivity" of the tax system can redistribute wealth to the poor or the rich respectively. Government programs like “disaster relief” transfer wealth to people that have suffered loss due to a natural disaster. Social security transfers wealth from the young to the old. Fighting a war transfers wealth to certain sectors of society. Public education transfers wealth to families with children in public schools. Public road construction transfers wealth from people that do not use the roads to those people that do and to those that build the roads. Certain people resent having to contribute to some or all of these programs and disparagingly label them social engineering.

The act of redistribution itself has certain costs associated with it due to the necessary maintenance of the infrastructure that is required to collect the wealth in question and then redistribute it. Different people on different sides of the political spectrum have different views on this issue. Some see it as unacceptable waste while others see it as a natural fact of life.

Proponents of the supply-side theory of "trickle-down" economics claim that it is a form of time-deferred philanthropy. The theory is that newly created wealth eventually "trickles down" to all strata of society. The argument goes that although wealth is created primarily by the wealthy they will tend to reinvest their wealth and this process will create even more wealth. As the economy grows it is said that more and more people will share in the newly created wealth. A similar argument can be made in the case of Keynesian economics. According to this theory government redistributions and expenditures have a multiplier effect that stimulates the economy and creates wealth. Supply-siders claim that wealth is created primarily by investment (supply) whereas Keynesians claim that wealth is driven by expenditure(demand). Today most economists agree that growth can be stimulated by either the supply or demand side and some of them argue that these are really two sides of the same coin in the sense that you seldom get one without the other. Nevertheless, the dispute between supply-side and Keynesian economics is of continuing interest.




Buy now before the price goes up.

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