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REFR001

REFR001

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Published by fightonrdh

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Published by: fightonrdh on Jul 13, 2008
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06/14/2009

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How To Get Rich Without WorkingWorking is described as the obligation to regularly attend andperform a designated task. An obligation that usually consumes 8or 9 hours of one s daily life. The Rat Race , it is humorouslycalled. Yet, most people must depend on such jobs to finance theirbasic necessities of life. Often, just barely.How have some people become wealthy without restricting themselvesto work ? Some have been lucky enough to inherit a fortune.Others have struck it rich in lotteries or by gambling. Asuccessful business owner, an officer in a large corporation, ora super salesman might acquire wealth through aggressive personalcharacteristics.Then there are those who through manipulation, inside knowledge orproper timing have acquired a windfall by investing in the stock orcommodity market.Talented people have become rich as inventors, authors, sportsfigures, TV and movie stars. Professional people such as lawyers,doctors and bankers, through high fees or salaries, becomewealthy.The above situations, a matter of lick, special talent or timing,are beyond the hope of the average working man or woman. Yet,there are many opportunities for anyone to make a lot of moneywithout relying upon luck, high education or special abilities.First of all, those who have acquired wealth through their ownpersonal efforts outline this advice for necessary attitudes anddesires to acquire a high financial standing:1. Go where the money is--get your share.2. Be willing to accept and take business risks.3. Do something positive in your search for riches.4. Be willing to start small and grow big.5. Be ready to jump into million dollar markets if theopportunity presents itself.6. Use other people s money to help build your own wealth.7. Diversify to increase your income.8. Create, locate and market something unique and different.Long ago, someone with a wise observation noted, Working won tmake you rich. So let s review some of the methods others haveused to become wealthy, and ways which you, too, can acquireriches that a salaried job will never provide.BECOME A FINDER .This is perhaps the easiest way to earn big money. What is aFinder ? A finder is a person who brings two parties together ona transaction and collects a fee for arranging the meeting thatconsummated the deal. The fee may be a percentage of thetransaction or a flat determined sum.Let's explain your role as a finder. Suppose you learn of
 
someone who is interested in selling a large parcel of land, abuilding, surplus merchandise, a business, antiques, or dozens ofother high-priced items. You contact this person or firm andadvise that you can furnish the name of prospective buyerfor a finder s fee if the sale is completed. You introduceprospective buyer to the seller by letter and let those twoparties come to an agreement on the deal. You are entitled toa commission for locating the parties and arranging the meetingthat resulted in completing the transaction.Where do you find these opportunities? You may be fortunateenough to find them in your own locality. Look and ask around.Note the For Sale signs on large acreage or buildings. CheckWanted and For Sale listings in newspaper classified sections.The Wall Street Journal, the Business Opportunities Journal,or subscribe to some of the publications that advertise offerssuitable for a finder.Never contact the seller, except for particulars of his offer,until you have a definite buyer prospect. After your initialcontact with both parties, send all correspondence concerningreferrals, names and confirmation of finder's fees by registeredmail. Keep a copy of all correspondence should any legalproblem arise concerning the receipt of your full and duecommission.MONEY FINDERIn a similar method to the above, thousands of people are lookingfor money for business and commercial activities; others are seekingareas in which to invest. You can operate as a money agent,on a commission basis, by bringing together a party who seeks moneywith someone who is willing to lend it. Again, contact may beobtained through the methods outlined above. Don't overlookforeign investors. The Arabs, particularly, have billions toinvest. Seek such leads in publications with foreigncirculation.OVER $300,000 BY AGE 55!Yes, it's possible through a regular and simple saving plan thatmost people can handle without financial hardship. Deposit $2000each year in one of the higher yielding savings plans and keep itin. Suppose you start this plan when you are 25 years of age.While future interest rates are impossible to predict, we willfigure at a modest 10% accrued yield. At this yield and at theage of 55 you would have accumulated a nest egg of over $300,000!This principal will draw over $30,000 per year and more in lateryears if you continue the plan. Start a systematic anddetermined savings plan while you're young--you can enjoy thebenefits of wealth at the still-youthful age of 55!REAL ESTATEThe fact is that the largest percentage of fortunes weremade in real estate dealings... land, housing units andcommercial buildings. You are aware of the tremendous growthin real estate values in recent years. This trend is almosta certainty to continue. Population growth, even increaseddivorce rates, creates a need for more housing, more
 
businesses, more recreational areas, etc.There is not guarantee that all real estate will rise in valueduring your lifetime. Be selective in what and where you buy.Anticipate the coming trend based on economic, energy andgrowth factors. Will the population growth be in the outlyingareas or will people move back into urban districts. Run-downor semi-abandoned neighborhoods are often profitably renewed.Beautify a house or two in such areas and other people areanxious to do the same in that locality. Is an industrial,amusement center, or something to draw a large number ofpeople planned for the area? If so, smart operators will beginbuying property anticipating that homes and businesses willfollow and real estate values rise tremendously.Considered buying cheap unimproved land? Usually, it wouldproduce nothing but cost you taxes, though modest in amount,until you could sell the property for profit. But,suppose you could develop it for some income producingbenefit like pasture land, farming leases, flora fornurserymen, timber, hunting, camping or a recreationalarea? Unimproved land should be purchased only with thepossibility of developing it for some money-making purpose.GOVERNMENT LANDMillions of acres of government land are available, mostlyin Western States, at unbelievable low prices. There arepossibilities for money-making activities such as ranches,resorts or striking it rich with mineral discoveries.For information, write to: Bureau of Land Management,Washington, D.C. 20240.The GSA often offers vacant or improved land to the public.also, buildings no longer required by the Government, butsuitable for warehousing or manufacturing, are also offered.These are generally sold by sealed bid and sometimes noticesappear in the local newspapers. For information about GSAsales write to: General Services Administration, 7th & DStreets S.W., Washington, D.C. 20407.State Governments also sell land and property. Agencies aretitled differently so contact a State office to learn whichagency in your State handles land sales.GOVERNMENT LOTTERYWilling to gamble a little for a chance to strike it rich?With the odds far greater in your favor than winning a Statelottery or hitting the giant jackpot in a Las Vegas casino?Monthly the Federal Government conducts a lottery for about1,000 oil and natural gas leases. These are parcels of landranging from a few acres to 2,500 acres. This land is termedwildcat because these areas lie outside the known geologicalformation that produce gas and oil fields. If an oil companywant to explore your lease it will pay you up front moneyand a royalty for any gas or oil found.Entry fee is $10.00. While to procedures are quite simple,

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