The World of Computer Software/The World of Computer Software.iso/vbmoney.zip/GETRICH.WWO

Text File | 1993-01-08 | 10KB | 223 lines

                        LIFETIME WEALTH MANAGEMENT

                         Investing made simple

                          by WILLIAM W. ODLUM

                     Suite 105, 35 Ormskirk Avenue

                       Toronto, Ontario, M6S 1A8


 This Document Copyright(c) 1992 - 1993, WILLIAM W. ODLUM

 LIFETIME WEALTH MANAGEMENT Software copyright(c) 1992 - 1993,
 WILLIAM 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.


                              HOW TO SAVE.
             HOW, WHERE AND WHEN TO INVEST FOR GREATEST PROFIT.

 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. 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 Investment strategies I will share with
 you have worked for me. They enabled me to accumulate enough money in 25
 years to retire and live in comfort. My wife and I enjoy traveling and
 have visited 26 countries over the years.

 Not to brag but to give you the facts. I came to Canada at 24 years of
 age with a grade 12 education and no skills. I realized that I would
 never earn more than an average salary and wanting to enjoy all that life
 had to offer I started to invest a small amount each year.

 It took me a while to devise a winning strategy and from then on I spent
 only 2 hours a month on my investments. Soon my annual income/growth from
 investments was greater than my salary.

 I retired at the age of 50, which was 10 years ago and have enjoyed myself
 ever since and have not missed the stress, pressure and nonsense of the
 work-a-day world!

                              Hazards

 It saddens me to see people, young and old, out of work today through
 downsizing, changing technology, or bankruptcy in the workplace.

 They put their faith in their companies to provide a pension plan and a
 job for the future. Instead of taking care of their own financial future.

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

 Many investors I have spoken to 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. In doing so they end up wasting their
 money on commissions and lost compound growth by investing in the wrong
 areas at the wrong time.

 They tell me of a stock they bought and have held for five years and
 as the price is still the same, that they have not lost money on it.

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

 I am always amazed by people who know the price of everything and the
 value of nothing.

 Real Estate is an example of mindless speculation. When the boom in
 prices started 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 center with annual gains almost as great as the
 homeowners take-home pay.

 When the cost of owning a home reached 40% to 60% of the home buyers
 annual salary it was obvious that people could not and would not pay
 these prices and they crashed back to the traditional level of the cost
 of shelter which is 25% to 30% of salary.

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

 I have lived and 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 1990-92 is almost 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 where they were a year 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 changes in our lives and with it more
 jobs and  prosperity.

 Biotechnology, Environment Pollution Control, Alternative Energy Sources
 and Space based Communications Systems 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 start up 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 two, Apple and Microsoft, which made
 their founders and shareholders extremely wealthy in about 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 I have
 heard during every turndown for the last 40 years. The U. S. A. has
 the best educated citizens in the world, with over half of the world's
 Scientists and Engineers.

 While third world labor may assemble goods cheaper than we can, I can't
 see them compete with those unraveling the secrets of the Atom or DNA
 which is where future technology and jobs are going to come from.

 Now that we have won the cold war and with Communists totally discredited
 and their form of government out of power all over the world and being
 replaced by our free market system, this opens up a huge export market
 for us as the infrastructure of those countries is 60 years behind ours.

 They need everything from modern roads, sewage plants, water treatment
 plants, transportation systems, power systems, agricultural equipment,
 etc., at a very basic level and at a personal level all kinds of consumer
 goods.

 We have the technical expertise, resources and the ability to fill those
 needs and are going to be called upon to do so.

 Another great bonus is that 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 copied and used by the Asians in
 consumer electronic products, will now be free to devote their genius to
 the production of advanced products and services.

 The latest figures show that Retail sales and Factory orders are moving
 up with unemployment down slightly. With a New President in the White
 House the stage is being set for a broad recovery.

 Are you fully invested ?, I am.

                               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 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.

 All these number crunching programs are great for setting goals and
 measuring performance but to make them come true requires successful
 investing of your money.

 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.

 Enough said. The choice is yours, do you want to retire early, live in
 luxury and be financially independent.

 If so, send me $24.95 and I will send you the latest, fully working
 revision of the program and the complete 'How to get Rich and Stay Rich'
 document which shows the way to successful investing.

 Ontario residents add PST.


                            William W. Odlum

                       Suite 105, 35 Ormskirk Avenue

                            Toronto, Ontario

                                M6S 1A8

                                  End