The Wealthy You! – OFFENSE; Put your collection of money and value to work for you. The more money you collect and put to work for you, the more money there will be available to work for you. Money doesn’t have a physical body to maintain, which means that it will literally work 24/7 for you until you say ‘stop’. This is compounding interest and investing. Make money work for you every hour of your entire life.

Money is the most abundant resource in the Universe (America alone had almost $22 Trillion worth of economic transactions in 2021 alone). Time is the most valuable resource in the Universe and it can’t be bought at a store (if you could buy your time at the store how much would you spend to buy more?). Money itself can’t think (but you can). Money doesn’t have a physical body to enjoy the physical world around them (but you do and can). Money can’t get sick (but you can). Money doesn’t have a family to spend time with and enjoy (but you do). Money doesn’t need time off from work (but you do). Money doesn’t want time off from work (but you do). Money doesn’t mind being a slave to a master (but you do). Money doesn’t need to be compensated for labor (but you do). Money is more than happy to work your entire life for you, and if you put enough to work, it’ll be more than happy to work for your kids and your kids kids (generational wealth).

When you put your money to work, this is called investing. The point with investing is to put a little bit in and get more out. If you invest $100,000 into a home and a year later it is worth $125,000, that is a good investment. But if the home is worth less than $100,000 in a year, then it could be considered a bad investment because you got less out than what you put in. Same thing with stocks, bonds, and other financial assets like precious metals. But it doesn’t stop. If you bought that same $100,000 home but stayed in it as long as possible, then your investment could be worth a lot more as even more time elapses. That home could maybe double in 5-years time and become worth $200,000. This is money working for you to appreciate your assets as much as possible and it’ll continue doing so until you say ‘stop’ or hit the sell button. The longer you allow money to work for you and appreciate your assets, the more effective it becomes. This is compounding interest. Einstein once said “compound interest is the eighth wonder of the world. He who understands it, earns it…he who doesn’t…pays it”. In other words, put money to work for you. Real estate can be useful in this regards, especially if you have some real estate that you can lease or rent out to someone. Stocks will do the same thing as well, but stocks can be extremely risky if you aren’t sure how to navigate that realm. Bonds are another great financial asset, but there are several different types of bonds that exist. U.S. Government bonds are considered one of, if not the most secure and safest, financial asset on the planet. U.S. Government bonds can help protect your money from the erosion of inflation but there is no upside risk and opportunity for a tremendous amount of growth from U.S. Government bonds. Ideally, corporate bonds would do the same thing as government bonds, but each of those corporations DO NOT have the stability, size, capability and reputation to protect your money from inflation that the U.S. Government has. Stocks have more upside potential but their ground tends to be a little less stable. This is when corporations do better than U.S. Government bonds. People have gotten wealthy by purchasing stocks in Apple, Facebook, Microsoft, Coke, Tesla, oil companies, and literally any other company that provides a product or service to society for as long as possible, not by purchasing U.S. Government Bonds. U.S. Government bonds will keep your money (DEFENSE). Stocks will grow your money (OFFENSE). The longer you let your money do that for you, the longer money will find you even more money to work for you, this is compounding interest. Enjoy your life with the people you love and doing the things you love to do with your time while money works for you in the background, literally your entire life.

Warnings: Don’t use or spend your money blindly. If you are going to invest and take advantage of compounding interest, become a student of the game. Learn as much as you possibly can about the potential investment you are considering. This also doesn’t happen overnight. This will happen every night and day. There may be perceived setbacks, but don’t quit. Those perceived setbacks needed to happen to put you into a better position.

Next on The Wealthy You! – OFFENSE; Produce your product abundantly and share it generously, this is production. Production is the means of wealth. It is hard, damn near impossible to have wealth if nothing is produced.

Become The Wealthy You!

One thought on “The Wealthy You! – OFFENSE; Put your collection of money and value to work for you. The more money you collect and put to work for you, the more money there will be available to work for you. Money doesn’t have a physical body to maintain, which means that it will literally work 24/7 for you until you say ‘stop’. This is compounding interest and investing. Make money work for you every hour of your entire life.

  1. Here is something I want you to watch for in your writing……Up at the top, and a few other places, you tend to repeat yourself. I’m just saying…….when you proofread your article watch for the use of the same word used several times, such as “maximize”. I’m proud of you Troy.

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