In order to grow real wealth, there are thought processes we must have right. Whether we are successful in creating wealth has to do with how we think about money and its utility. Our actions follow our thoughts. Our thoughts form a plan. But we need specifics. How much should we save and how do we do it? How do we allocate our savings? What do we invest in? How do we evaluate whether the return on a potential investment is satisfactory?In Joe’s Dynamic Investments, serial entrepreneur and professional investor S. Dee Davis journeys through 5 principles that will help you form a plan for creating more wealth. With it you’ll be able to understand how to make money work for you, rather you always working for money.In this valuable new book you’ll discover:•How to create a spending budget and why it’s important.•Tips about big ticket expenses that can help you save.•What return is acceptable on an investment and why.•How much of your investments should be devoted to high-return assets.•What types of investments to avoid.•How inflation is the largest tax on your wealth.•How the typical entrepreneurial mindset can hurt wealth creation.•How entrepreneurs and investors get the major tax breaks, and other strategies for keeping more of what you earn.
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