Friday, July 23, 2010

3 Things You Can Do Right Now To Build Wealth

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.

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.

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.

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