How to Create Wealth and Avoid Massive Economic Pain Missouri

In this fast changing economy, you need to understand and create a flexible plan that protects your downside gives you maximum staying power.


1 . Local Companies

Online Trading Academy
(913) 956-7050
7501 College Blvd., Ste. 275
Overland Park, MO
QC Holdings Companies
(913) 234-5000
9401 Indian Creek Pkwy., Ste. 1500
Kansas City, MO
Brush Creek Enterprise Center
(816) 471-2799
1316 St. Louis Ave.
Kansas City, MO
FirsTrust Mortgage, Inc.
(913) 312-2000
4501 College Blvd., Ste. 250 A
Kansas City, MO
Katie Dunn Fitzgerald - UBS Financial Services, Inc.
(913) 345-3232
11150 Overbrook Rd., Ste. 300
Kansas City, MO
Quik Cash
(913) 829-9200
129 W. Dennis
Kansas City, MO
Quik Cash
(816) 363-6663
6309 Troost
Kansas City, MO
Quik Cash
(816) 218-6500
P.O. Box 419458
Kansas City, MO
RBC Insurance
(816) 218-6500
P.O. Box 419458
Kansas City, MO
Northwestern Mutual Financial Network
314-244-0711
701 Market Street, Suite 1070
St. Louis, MO

2 . How to Create Wealth and Avoid Massive Economic Pain

Massive Economic Pain = Structural Change in the world economy
Structural Economic Change is being reflected by:
  • Increasing oil and gas prices
  • Declining home prices
  • Lose of jobs
  • Competition for strategic metals
  • Shift in economic power
  • Depreciation of the dollar
  • Sell off of US assets to foreigners
  • Global Warming

    In this fast changing economy, you need to understand and create a flexible plan that protects your downside gives you maximum staying power and takes into account the following:
    1. Paper money is rapidly depreciating.
    2. Inflation is higher than stated.
    3. Changes in US oil policies will take many years to implement.
    4. Real Estate home prices will adjust downward to the long-term trend life of home price compared to rent ratios.
    5. Stock market returns will not compensate for inflation and taxes.
    6. Proposed economic plans by politicians will require an increase in tax rates.
    7. There will be a desire to tax the rich as a deflection from the real issues of oil dependency, overspending and exporting jobs.
    8. Increased gas prices will affect all areas of life and change business and lifestyle patterns.

    How to Create Wealth in Uncertain Times:
    1. Use leverage in every area of your business.
    2. Exchange your talents, knowledge and skills for equity.
    3. Use networking and collaboration to test every aspect of your business before you launch.
    4. Wherever possible do not take on any long-term commitments such as office space or loans.
    5. Review every expense as if it were too high and had to be lowered to survive.
    6. Partner with groups that can spread your products and services quickly in exchange for a share of the revenue.
    7. Review all potential exposure to your assets especially legally.
    8. Assess all commitments and prioritize those that will give you the greatest rate of return for the least input.
    9. Build flexibility into your business so that almost all costs are variable and can be reduced quickly if your investment is not giving you the best rate of return.
    10. Be bold.
    11. Do not fear to take calculated risks.
    12. Be prepared to cut your losses and admit you’ve made a mistake.
    13. Learn quickly from the mistakes and immediately try again.
    14. Keep pushing forward.
    15. Constantly build resources so you can take advantage of the many opportunities that will be occurring as the marketplace changes rapidly.
  • 3 . AskDestiny

    http://www.askdestiny.com - AskDestiny® uses proprietary research and front line experts to solve your financial problems and build your wealth.

    4 . Featured Local Company

    Online Trading Academy

    9139567050
    7501 College Blvd., Ste. 275
    Overland Park, MO

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