1. Stop Contributing to Your 401(k) or IRA.
A key labor union ally of the Obama administration has mounted an effort to create government-mandated worker retirement accounts as an entitlement program, with the possibility that a portion of all private retirement funds could be forced into U.S. Treasury debt. How do you feel about the government telling you how to invest your money?
2. Invest in Tax Liens and Tax Deeds.
Tax lien certificates and tax deeds are little known or understood investment types that can reap tremendous rewards for their owners. Essentially they combine the potentially high returns usually associated with riskier investments with the security offered by lower income financial instruments such as bonds. How does earning 16% to 25% on your money with minimal risk sound? Too good to be true? Not in this case.
3. Become a Network Marketing Business Owner.
Network marketing is a supported business system which provides tremendous leverage. It is one of the best ways a person can develop great wealth with little startup cost. Have you noticed that the wealthy are business owners? Ever wonder why?
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