So many of us have the wealth matrix backwards. I know I did, until I started listening to what successful people did to become successful. I remember when I had the opportunity to see Nik Halik speak a multi millionaire, astronaut, author and speaker. Here are my notes from that day:
~ Nik Halik has 14 income streams
~ Script your life many of us are extras
~ Make your own personal economy
~ We are programmed to have just one source of income
~ Programmed to have debt, pay off debt, and then programmed to retire
~ He says to never ever retire
~ What most people do: Income then lifestyle (that is financial cancer)
~ Wealth matrix= Income then Growth then Momentum then Lifestyle
~ Poorest people in the world use hope and wish
~ You are in control of your investments
~ Learn to have cash-flow anywhere in the world
~ Make money anywhere in the world
~ We have an 8-11 year cycle
~ People have greed, fear and indecision and this can determine the market
~ Important to learn to have cash-flow
~ 70% of investments should be cash-flow based
~ 95% speculate in the market
~ Don't use income to speculate
~ If the stock market is up in January then the rest of the year is up including real estate
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