I want to welcome you to a new and revolutionary look at wealth building that transcends any economic swing – positive or negative. I want to share with you the fundamentals of how a free market economy, such as that which we live in, has the potential to produce wealth consistently if you are able to both see and, in a timely fashion, seize the abundance of opportunities that are constantly created.
Wealth building starts with a shift in perspective that requires a close examination of how the entire system works. Once you understand the rules (allowances and restrictions), and the nature of the economy it becomes easy to master over time.
This starts with understanding the foundation of our economy which you can find in Adam Smith’s 1776 masterpiece, “An Inquiry into the Nature and Causes of the Wealth of Nations.” Without getting into a long winded economic explanation of what a free market economy is based upon, it can be summed up in three major points:
1. It allows competition domestically and is open to trade with the rest of the world
2. It has institutions that make an economy work
3. It has a judicial system that enforces the rights of ownership
In the coming weeks, I will explain exactly how to employ these fundamental rules to creating an abundance of wealth through business ownership, real estate investing and securities investing that can be passed on from generation to generation.
To understand the nature of free market economies and how wealth is developed requires you to tap into your primitive survival mindset. It requires you to understand that “the market” like nature can provide everything you need to flourish, but “the market” just like nature is unforgiving if you do not pay attention. Mistakes can be catastrophic if you do not respect the power of the market.
Alan Greenspan summed it up best in this quote:
“Market economies have succeeded over the centuries by thoroughly weeding out the inefficient and poorly equipped, and by granting rewards to those who anticipate consumer demand and meet with the most efficient use of labor and capital resources.”
We are about to witness the greatest transfer of wealth in US history. For those who have the courage and tenacity to succeed, I will be offering - from my personal experience and the experience of others - tips, secrets and opportunities to be on the receiving end of this massive shift of wealth. I welcome any and all questions or comments and look forward to sharing with you.
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