|When I was about 13 years old or so my Dad had a construction project he was working on. He always loved putting us boys to work so he brought me and my brother, who was about 10 years old, to help him get some dirt work done before pouring some concrete.|
My brother and I were actually pretty excited because our job was to take the fire hose and spray down a whole pad of dirt to help get it ready to be compacted.
Now just to give you some background on my brother, he is always looking for ways to push the envelope a bit just to make people smile.
As the fire hose was spraying water full force my brother decided that he would put the hose between his legs and make an off color joke, ha ha.
Well it wasn’t too long before the pressure from the hose threw him off balance and water started spraying in every direction EXCEPT where it was supposed to go.
And at that very moment we heard my Dad shout from the distant scaffolding he was on…
“BOYS! Stop wasting time…TIME IS MONEY!”
It didn’t make sense to us boys at the time because we weren’t getting paid, but now it sure does.
Year ago I remember reading from Robert Kiyosaki’s book “Rich Dad Poor Dad” in that book he states:
“Rich is measured in money and wealth is measured in time. Most people focus on getting rich rather than becoming wealthy.”
When I read this it changed the way I looked at building wealth.
How long can you live without having to work?
When you only focus on accumulating a nest egg instead of building streams of cash flow. You never get the peace of building true wealth.
Just take a look at this example. The chart below is an index of the S&P 500. Recently we hit some really low points and we have all felt the uncertainty that the market is having right now.
|In just a couple of weeks almost 3.5 years of gains were lost. I know we are hoping it comes back and comes back fast, but what if it is slow going for a while?|
That means we have to make up the 3.5 years of lost time and then some.
I’m not trying to get you angry or nervous about what is happening, there is enough on the news to do that for you.
However, I am trying to spur you into action. Remember just sitting and waiting it out is a decision…
It’s a decision to do nothing.
All I am saying is that there is a better way.
If you are wanting to be more proactive with your WEALTH building, just reply back to this email and let’s see what we can accomplish together.
Be safe out there.
Remember — It’s Your Time!