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| Subject:
Wealth creation
Category: Business and Money Asked by: jeanmanga-ga List Price: $15.00 |
Posted:
06 Feb 2003 14:34 PST
Expires: 08 Mar 2003 14:34 PST Question ID: 158204 |
I earn a six figure income.I intend to achieve 5 to 10 millions dollars network in the next 6 to 10 years. Where do I get coaching, advice and mentors to help me me achieve that goal? I am not interested in stupid get rich quick "homebusinesses" I would like some coaching service or firm that provide together or separetely stock market investing, real estate investing or business start up. It has to be someone or a company with a track record of success... | |
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| Subject:
Re: Wealth creation
From: martinjay-ga on 06 Feb 2003 16:12 PST |
Was not sure what 'acheive......network' meant. I would search my 'friends, relatives and colleagues' first to see if they have any ideas. Depending on what you have now, you should start interviewing investment banks high net worth partners just to give them a chance to show their stuff. A good financial planner can draw on the best resources across his firm to discuss real estate, the market and private equity investing (this is start-ups). My other question would be, are you expecting your present job to provide the money or looking at how to leverage a 6 figure income to invest to provide it? These are two very different situations, but with a solid income and potential, the people I mentioned above will come to you. Just need to start. I'd go right to the top Investment Banks (in prestige) and work my way down till I got a good fit. Also, beware of some of the less honest people in this field. Good luck. I won't list company names, but maybe the researcher will. |
| Subject:
Re: Wealth creation
From: respree-ga on 06 Feb 2003 20:28 PST |
I think you mean "net worth." Do you have a plan for achieving this goal or are you asking the researcher to give you a plan? How much do you have right now? You'll need to supplement your income by other means. Assuming you have nothing right now, saved on the average $100,000, made a very generous 20% on your accumulated wealth on the average for 10 years and paid no taxes (all fairly generous assumptions), you'd still fall short of your goal at $3.1 million at the end of 10 years. You'll need to give more information if you want a decent answer. |
| Subject:
Re: Wealth creation
From: respree-ga on 06 Feb 2003 20:29 PST |
Sorry, I mean to say in my previous comment "saved $100,000 per year for 10 years" |
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