As you know, I am a big proponent of saving and investing, but earlier this week one of my clients asked me a question about investing.  She wanted to know where the best investment vehicle will be for her in order to be rich.  It dawned on me that a lot of people think that saving and investing will make them rich.  For most of us, this is not the case.  Saving and Investing is primarily for two things, a way to prepare for emergencies and catastrophes and as a way to preserve wealth. 


The best way to build wealth is to improve your income and the best income generator is to be self employed or a business owner.  Investing in yourself and your business will almost always generate a better return than investing in stocks, real estate or any other investment vehicle.  However, there are times when you need to store your wealth and generate a reasonable rate of return…which will call for investing in real estate, stocks etc.


Research after research has showed that the most important factor in determining your ascent in income and investing is not the rate of increase or rate of return but your starting point.  The starting salary at the beginning of your career could be the determining factor in you building wealth or not.  Researchers Michelle Marks and Crystal Harold found that employees who negotiated their salary boosted their annual pay on average of $5,000.  According to researchers, assuming a 5% average annual pay increase over a 40-year career, a 25-year-old who negotiated a starting salary of $55,000 will earn $634,000 more than a non-negotiator who accepted an initial offer of $50,000.


I recently took the best salary negotiating course on the planet, and I would love to share it with you.  This course could be found at  I have given a short bio of the author of this course.  Looking forward to hearing your thoughts on this course.




Victor Lofinmakin

Top Producing Realtor

Tarl Anderson Properties



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