Pro Wealth Biz

The interesting thing about world currencies is they are practically all fiat.  Fiat means it’s backed by no intrinsic value, just debt.  America’s dollar has been a dominated world currency and most international currencies are tied to the dollar.  There are many predictions and signs the dollar will one day lose its dominance.  Some even predict there will be a currency to replace the dollar.  You may even be reading this now and saying yes, there is no more dollar.  The point is the global economies are very volatile and in constant change with so many different currencies.  By reviewing trends and economical situations, currency investment is done by trading or buying currencies up that show predicted increase in value.

Property and land have historically been great long term investments.  However, most of us see the real-estate bubble collapse in 2008 as a sign of bad investment.  The great thing is with prices of real-estate being so low it’s a great time to grab the best deals.  There is a possibility the values will go down even further.  Perhaps to increase around the turn.  No one can really predict the crystal ball of the future value.  There is residential and business land and property.  Some are choosing the rental investment route possibly to sale out when more profitable.  Others choose to buy and flip model.  If you decide this strategy then do your homework and forecasting and take the risk because you may lose your chance.  Buy low and sell high.  Mortgage low, rent high.

Gold is a very solid investment strategy for many reasons.  For the monetary systems it is an emergency protection fund for governments using fiat paper money.  Many countries like China, India, Russia are buying Gold like crazy during unstable times for the dollar.  In 1999 gold was worth $300 dollars an ounce.  Today it’s worth over $1000.  Pretty good return isn’t?  The funny thing is the media is telling you not to buy and you see these infomercials on people buying Gold for cheap cash.  When everyone else is doing the opposite it’s probably a good hidden indication Gold is king right now.

Silver is a great viable investment option even over gold.  First off its’ far less than gold per ounce.  Gold is currently over $1000, while silver teeters around $15 to $20.  It’s also important to not there is more gold in the world than silver.  Hence supply and demand of silver is better than gold.  While gold is used in mainly used in the jewelry industry, silver is a big industry commodity.  It’s used in electronics and the film industry.  Silver is an affordable “sleeper” investment compared to gold.

Usually it takes hard work and personal failures, mistakes and risks before being successful in business.  There are those who get lucky and skip these steps finding themselves rich without much work.

Lottery winners, prize winners, hand me downers, lawsuits and others who win big.  You could say some deserve it, others don’t.  What’s important to note is what it takes to keep, grow, and protect their lucky wealth.  Which is why we find many lose it all quickly after they receive it.

Some of us have followed that employee path from our upbringing.  Go to college, get degree and get good job.   Save money, get 401k, retire with enough.  That’s starting not to work very well for most employees.  Especially these days with constant Government changes.  The mentality to rely on companies that are looking out for themselves rather than us leaves us in low income job loss potential.  Then you have people who depend on the Government to save them.  Save yourself and become an entrepreneur if you haven’t already.

Most have people manage their money for them.  However if you are not earning profits in the short and long term on others strategies then you need to consider your options.  There are two options.  Do it on your own or yourself and someone trusted.  Someone who has proven track record.  Drop the brokers and money managers that are failing you.  Follow and learn to predict trends on your own and with others who have proven track record.