Wednesday, June 18, 2008

The Only Way to Retire



Asset means residual income.

Yes, for those of you who are still not sure exactly what assets are all about; assets put money into your pocket. That is what residual income does!

Residual income simply means that you are getting paid many times for doing work once.

Elvis Presley went into the recording studio once and gets paid each time his album is bought. And that means millions of times.

Walt Disney makes Pirates of the Caribbean once and each time it is screened anywhere on the planet they get paid.

You buy a piece of property once and you get rental each month for a very long time.

Warren Buffett studied hard to find a good company's shares to buy at a cheap price and he is rewarded with high dividends and capital gains year after year.

Bill Gates licensed his software to IBM and many other organizations and individuals including you and me. He also gets paid millions of times.

JK Rowling writes a book on Harry Potter and gets paid millions of times.

Internet marketing gurus sell products and services over the internet and get income over and over again.

Network marketers can have hundreds or thousands of down line associates working for them while they sleep and generate millions in residual income.

Businessmen and industrialists generate profits by having money as well as people working for them.

Assets generate residual income.

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