1) “Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.” –
a) How much simpler can it get? ALWAYS PUT ASIDE 10%. Never say I won’t do it this week, I’ll just double it next week. That’s a formula for disaster. Here at Premium Finance we will show you how to take that 10% and make it work by utilising Law number 2 below. You earned the money, why shouldn’t you take your money out first before paying everybody else in life.
2) “Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.” –
a) YOUR MONEY SHOULD ALWAYS EARN INTEREST. Always be aware of what all your money is doing at all times. Taking your 10% from Law number 1 and making it grow with compound interest is the most basic of wealth creating principles. The great Albert Einstein once made the comment that “Compounding interest is the eighth wonder of the world”. I’m pretty sure that we should place at least some credibility in the thought of that amazing gentleman.
3) “Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling.” –
a) DO NOT TAKE INVESTMENT FROM PEOPLE THAT HAVE NO EXPERIENCE OR KNOWLEDGE IN THE MATTER. At Premium Finance we also obey this rule by using the highest experienced people in providing us with the right information to help us in making the right decisions. Professionals need to be used, whether it’s the doctor the dentist or the candle stick maker. You are good at whatever you do, so take the services of people good at what they do.
4) “Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.” –
a) NEVER PLACE YOUR MONEY INTO THINGS YOU KNOW ABSOLUTELY NOTHING ABOUT. Listen to those from Law number 3 and you will gain the knowledge to move forward in the right direction. If you don’t understand it, then don’t do it.
5) “Gold flees from the man who would force it to impossible earnings or who follow the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.” –
a) SAFE INVESTMENT ALWAYS PAYS OFF BETTER THAN RISK. Don’t chase the quick buck, it doesn’t exist. If you are looking for overnight returns then head off to the Casino and chuck it on the roulette wheel. TIME is the ultimate resource that is irreplaceable and time is your best friend if you are doing something, but your worst enemy if you are doing nothing. Let’s face it, if you aren’t moving forward then you are moving backward, there is no status quo where your financial future is involved. At Premium Finance we show people how to create, maintain, and expand on a long term 10 – 15 year strategy that will reap rewards.
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