| The poor and middle class try to own everything and lose it to the government or to fellow citizens who like to sue the richThey learned it from the Robin Hood storyTake from the rich, give to the poor
It is not the purpose of this book to go into the specifics of owning a corporation But I will say that if you own any kind of legitimate assets, I would consider finding out more about the benefits and protection offered by a corporation as soon as possibleThere are many books
written on the subject that will detail the benefits and even walk you through the steps necessary to set up a corporationOne book in particular, Incand Grow Rich provides a wonderful insight into the power of personal corporations
Financial IQ is actually the synergy of many skills and talentsBut I would say it is the combination of the four technical skills listed above that make up basic financial intelligenceIf you aspire to great classic chanel handbag wealth, it is the combination of these skills that will greatly amplify an individual's financial intelligence
In summary
The Rich People With Corporations The People Who Work for Corporations
1Spend
As part of your overall financial strategy, we strongly recommend owning your own corporation wrapped around your assets
CHAPTER SIX
Lesson Five:The Rich Invent Money
Last night, I took a break from writing and watched a TV program on the history of a young man named Alexander Graham BellBell had just patented his telephone, and was having growing pains because the demand for his new invention was so strongNeeding a bigger company, he then went to the giant at that time, Western Union, and asked them if they would buy his patent and his tiny companyHe wanted $100,000 for the whole packageThe president of Western Union scoffed at him and turned him down, saying the price was ridiculousA multi-billion-dollar cartier man watch industry emerged, and AT |