This is the fifth and final principle for funding your retirement, Income Producing Assets
Income-producing assets are the ability to generate a regular income for yourself after expenses, such as rental properties, stocks, bonds, land, and businesses.
Entrepreneurship is far more than starting a business; it is the ability to learn and adapt, which is one of the essential skills to have in life. Humans have always been creative and had to adapt to their surroundings, and today is no different. The world is changing and is requiring adaptation.
Investing and Trading can simply be defined as the ability to generate income and build long term wealth for you and your family from global currencies, stocks, commodities, and shares.
Strategy and Action is a vital principle in the five because it is the ability to strategize and plan your way to financial self-sufficiency. It is about turning the information into action, and turning your goals and ambitions into reality.
Clarity and Control is the ability to get clear on where you are now, and where you need to be. Develop the confidence to achieve your targets and become an effective self-reliant individual.
The first episode of The Fund Your Retirement Podcast is here! This first episode is an introduction to us and the Fund Your Retirement’s philosophy, and what you can expect from the show.
Important: The purpose of this website is to provide information and education. This website does not constitute professional financial advice. If you need financial advice, consult with a regulated financial professional in your country before making any trading or investing decisions.