The Conditions of Money

The Conditions of Money

Over the years, as I become more financially educated, I came to define the four conditions of money in the following way:

1. Dead: money that earns interest below the inflation rate. (4% or Less)

2. Safe: money that earns interest at or just above the inflation rate. (5% - 8%)

3. Healthy: money that earns interest well above the inflation rate. (9% - 12%)

4. Wealthy: money that earns interest that is above that for healthy money. (Above 12%)

Keep track of what is happening with your money. Know what condition it is in and how well it is being paid. Money earns wages just like people do, and for money to become wealthy it must get high wages The interest or return on your money tells you what it is getting paid as it works for you. Your money is gainfully employed or it isn't.

G. Keller once said that money earning a good wage is like the owner having a 6 or 7 figure job. Imagine the possibilities.

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Anita
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p.s.

check out the bill bush is vetoing. One would give states money to deal with foreclosures the other would help homeowners.

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Anita
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nice

what a jerk@%$%,SULLY.

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YOUR HERO, SULLY


hey sully

do you just invest or do you lend as well

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Anita
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invest

just invest there sweety.YOUR HERO,SULLY.

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YOUR HERO, SULLY


I am looking

into investing in the southern sates but do you know if I can put all of the things I buy down there under my LLC or do I need to establish another one for there

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Anita
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You can put them under your

You can put them under your LLC.....

This is state law so check the specifics of the state you will be investing in vut in general....

1) You will need to register with the state you invest in as a foreign LLC. (Pay a fee probably.)

2) You will need a local registered agent who will accept service if you ever get sued. (Some law firms will do this- also for a fee.)


Originally

wmark1963 wrote:
You can put them under your LLC.....

This is state law so check the specifics of the state you will be investing in vut in general....

1) You will need to register with the state you invest in as a foreign LLC. (Pay a fee probably.)

2) You will need a local registered agent who will accept service if you ever get sued. (Some law firms will do this- also for a fee.)

Sully my LLC WAS originally established there and I recently had it transfer and registered in California where I live now. I kept a registered agent on file there but I guess I will have to call the Sec of State office and get a good understanding of what I need to do. But thank you.

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Anita
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I ran across

This post today and thought some other might find it useful

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Anita
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fyi

ok...this is it for me today and my mission to impart knowledge...lol...have a good nite

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Anita
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"FAILURE IS NOT AN OPTION"