Monster Media 1994 #1/monster.zip/monster/FINANCE/LWMD27.ZIP/GETRICHD.WWO

Text File | 1994-04-01 | 10KB | 213 lines

                        LIFETIME WEALTH MANAGEMENT

               Investing made simple, effective and worry free

                          by WILLIAM W. ODLUM

                        105, 35 Ormskirk Avenue

                       Toronto, Ontario, M6S 1A8

 This Document Copyright(c) 1992 - 1994, WILLIAM W. ODLUM.

 LIFETIME WEALTH MANAGEMENT Software copyright(c) 1992 - 1994, WM. W. ODLUM

 All rights reserved.

 Non-registered users are granted a limited license to use the above
 mentioned software and document on a trial basis. Use, except for this
 limited purpose, requires registration.

 Use of non-registered copies by any person, business or agency is
 strictly prohibited.

 No user may modify either the document or software in any way whatsoever.

                             GETTING STARTED.

 Since this is an unregistered copy, I am not going to share with you
 the secrets of successful investing until you register.

 'How to Get Rich and Stay Rich' consists of easy to read and understand
 investment advice - shows step by step how to set your financial goal and
 set up a savings plan - shows where and when to Invest your Savings for
 the greatest gain consistent with safety of Capital.

                               TRACK RECORD.

 I can tell you that the simple, worry free, Investment strategies I will
 share with you have worked for me.

 Initially it took a while to devise a winning strategy and from then on I
 have spent only 2 hours a month on my investments. By investing a small
 percentage of my salary each year, within a few years I had accumulated
 enough money to give me an Income/Growth amount each year that was greater
 than my salary.

 Apart from the financial freedom of not having to work for a living,
 my wife and I have been able to pursue all the personal interests that
 are important to us.

                                  HAZARDS.

 It saddens me to see people, young and old, out of work today through
 downsizing, changing technology, or bankruptcy in the workplace.
 With no savings they depend on Unemployment or Welfare benefits to give
 them the bare necessities to live.

 What happened to these people, well educated with good jobs, living in
 the richest society on earth.

 They put their faith in their companies to provide a pension plan and a
 well paying job for their future working life. They did not realize that
 in today's world a person will be in and out of many jobs and face career
 changes during their working life.

 They did not take care of their own financial future by setting aside a
 small percentage of their earnings, while working, to cushion the
 inevitable layoffs and awful trauma of losing everything they have worked
 for due to lack of a paycheck.

 However, it is never too late to start saving to build a secure,
 independent financial future, dependent on neither companies or
 governments.

 Many, to whom I have spoken, that do make the effort to save for that
 future, seem doomed to repeat all the mistakes of the beginning investor
 by trying to reinvent the wheel, as they will not pay for sound advice
 and tools upon which they can continue to build.

 They use free advice from friends, acquaintances and newspaper columnists
 who have no proven track record. Financial Institutions that do have a
 record are disastrous. As a result they end up wasting their money on
 commissions and lose compound growth by investing in the wrong areas at
 the wrong time.

 They do not seem to understand that if their investment is not at least
 doubling every four years that indirectly they have lost and will
 continue to lose the potential compounded gains from the money invested.

 Real Estate is an example of mindless speculation. When the boom in
 prices started due to a shortage of housing there was a great deal of
 money to be made but then everyone got on the bandwagon and instead of
 a home providing shelter it became a profit centre with annual gains
 almost as great as the homeowners take-home pay.

 This madness was not due to ignorant individuals but to Financial
 Institutions whose greed overcame common sense as they loaned greater and
 greater amounts on property from which the income fell far short of the
 loan repayments.

 The resulting crash wiped out Savings and Loan, Trust, Bank, Real Estate
 and Construction companies leading to the worst unemployment since the
 1930's.

 This was a prime example of the old adage "Be a Bull or a Bear but don't
 be a Hog".

 I have prospered through all the fads - Gold from $200.00 to  $800.00
 an ounce and back - Silver from $5.00 to $50.00 and back - Oil $18.00
 a barrel to $56.00 and back - Nickel, Cotton, Strip Plaza's, Office
 Buildings, Land, Retailing, Manufacturing and Junk Bonds, the list goes
 on and on.

 However, while enormous sums of money were lost by many gullible
 investors, it did not disappear. Some shrewd investors ended up with all
 of it. (Money never disappears, it only changes owners!).

                          WHAT THE FUTURE HOLDS.

 I believe that the recession of 1990-93 is over and the damage done to
 our economy by the fastbuck artists during the nineteen eighty's is behind
 us.

 With costs under control we are entering a new phase of solid,
 sustainable growth in the U.S.A and Canada that will be very rewarding
 to those who get in at the start.

 Interest rates are now less than half what they were a few years ago and
 this will show up on the bottom line for companies with a large debt load
 as the savings in debt charges goes straight into the profit column.

 Just as the Personal Computer changed the way the whole world does
 business in the short period of 15 years, there are new technologies and
 products coming out of North American research centers and laboratories
 which will lead to even greater change in our lives and with it more
 jobs and prosperity.

 Biotechnology, Environment Pollution Control, Alternative Energy Sources,
 Space based Communications Systems, Fiber Optics and Health Care are
 just some of the many areas that will bring about great change and growth.

 The problem is to pick the winners. In the eighty's we had hundreds of
 companies created in the personal computer hardware and software fields.
 Most fell by the wayside leaving only a dozen giants, but look at the
 rewards of choosing winners. To name three, Intel, Apple and Microsoft,
 which made their founders and shareholders extremely wealthy in the last
 12 years.

 The founder of Microsoft has a personal wealth of 7 billion making him
 the richest man in the world.

 I'm told it cannot be done today because of high taxes and low wage
 competition from third world countries. This is the same nonsense one
 hears during every turndown.

 The U. S. A. has highly educated citizens, with over half of the world's
 Scientists and Engineers.
 While third world labor may assemble goods more cheaply than we, I can't
 see them compete with those unraveling the secrets of the Atom or DNA
 from which future technology and jobs are going to come.

 Now that the cold war is over, our brightest people, who have been
 working at the leading edge of technology for decades to keep us
 militarily strong, only to have their inventions and discoveries copied
 and used by the Asians in consumer electronic products, will now be free
 to devote their genius to the design and production of advanced consumer
 products and services.

 The latest figures show that Retail sales, Factory orders and Corporate
 profits are moving up while unemployment is coming down.

 The American and Canadian Stock Markets are now at the highest point in
 history because of incredible amounts of money moving out of bonds and
 into Stocks and Mutual Funds. This is the latest fad, with a lot of money
 to be made by the astute and lost by the gullible over the next few years.

 Watch out for the devious schemes devised by the fastbuck artists to
 part the innocent from their money. It's hard to tell the good guys from
 the bad anymore. In the last bull market they devised Junk Bonds,
 Greenmail and Leveraged Buyouts. As a result billions of dollars were
 lost by trusting investors.

                               CONCLUSION.

 The programs in this package are all the tools you will ever need for
 successful investing. Don't get carried away with programs that are full
 of jargon, with no specific recommendations and give fancy charts and
 graphs, they only show what happened in the past and are an unreliable
 indicator of the future when different forces are in play.

 The key to successful investing is a strategy that consistently works in
 the real world of commerce in spite of boom or recession. This is where
 'How to Get Rich and Stay Rich' shows how and where to invest and most
 important of all, how to accumulate capital while legally avoiding all
 taxes.

 Taxes which would have a devastating effect on capital growth.

 Are you fully invested ?, I am.

 Enough said. The choice is yours, do you want to be a winner and free
 of nasty bosses, income-stopping layoffs and future job uncertainty and
 to be able to retire early, live in luxury and be financially independent.

 If so, fill in the order form in About... and I will send you the latest
 Commercial version of the program with the complete 'How to get Rich
 and Stay Rich' document which shows the way to successful investing.



                                      End.