A REWARDING RESOLUTION

Achieve greater wealth through regular investments and a better strategy in the new year

The start of a new year is often a time when people are motivated and full of enthusiasm to set ambitious goals for the year ahead. These goals might include taking a vacation, losing weight, completing a course, or changing jobs.

It is never too early to also include wealth creation on this list of goals, as the benefits of starting early and using the power of compounding cannot be underestimated.

Wealth creation is a long-term process that requires dedication, time, and a mindset that is able to navigate volatile times while still working towards long-term goals.

There are many Ponzi schemes that promise high returns and quick profits, such as doubling your money in two years or offering an interest rate of 12% per year when the highest rate offered by banks is only 7%. These schemes often appeal to investors because they claim to offer a high-risk investment opportunity that can generate high returns.

However, it is important to remember that these types of investments are risky and may not always be successful. It is generally safer to invest in established products that have a track record of helping people create wealth over the long term.

Wealth creation requires time, dedication, and patience, and there are no shortcuts to success. It is important to be careful and to carefully consider any investment opportunity before making a decision.

Here are some things that one can do and avoid doing in order to create sustainable wealth.

GOAL SETTING

Before beginning the journey towards wealth creation, it is important to identify your goals. These goals may differ from person to person, depending on factors such as your stage in life and your family situation.