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What are eight of the most dangerous words when it comes to preserving your wealth?
"I've got to do something with my money."
Millions of savers were railroaded into the stock market and a "diversified" portfolio of mutual funds only to get a 30 to 50% haircut on their life savings.
Here are the three words that will provide you with an antidote to these eight dangerous words: "No you don't."
You don't need to do anything with your savings except preserve them.
The investment industry is genius about two things:
1. Making you feel like an idiot for not doing something "smart'" with your money.
2. Selling you on the idea that they know what the "smart" thing is.
Here's the guideline:
If you don't have a well researched, well thought out reason for investing your money in something - one that includes a frank assessment of all the potential downsides - there is no shame in keeping your cash liquid.
For every person who has "taken a chance" on something and gotten a big payout, there are probably 100,000 who threw their money at a dartboard and missed.
Few people share what idiots they've been with their money, but a single one-in-a-million lazy investment success story will circle the globe inflaming millions of "get rich quick" greed glands in the process.
 What is the best investment?
The best investment you can ever make is in your own education. You must be willing to continue your education and always be learning new things.
Over the years, my mentors have helped me to invest in the right educational resources such as books, CDs, videos, attending seminars and seeking advice from the right people. These informational resources have helped me refine the skills necessary to discover who I am as an investor and to grow as a person.
This fundamental approach will work the same for you too. Â Here's a good place to start seeking insider info from trusted masters who have "been there done that".
The second best investment you can ever make is the marketing of your own business and making it more profitable, more stable and more fun for you do every day.
Success, my friends, begins between your ears. So now is the time for you to make a decision. Are you going to take the proper actions to grow or are you going keep on doing the same thing you've been doing and hope it all works out somehow... because life is short and there is no time to waste when it comes to your success in reaching your dreams and living your life enjoying true abundance.
