Why Accept 2% Interest When 8% is Available?
Main Stream Interest Rates are Too Low
Today’s traditional income investing options are unappealing and unrewarding. Certificates of Deposit, Money Market Accounts, bank Savings Accounts, and U.S. Bonds are all paying low interests rates—1% to 2%. Intelligent investing will provide interest rates of 6% to 10% while avoiding high risk situations. To have financial independence you must have income; low interest rates do not lead to financial independence.
Wealth Building is a Gradual Process
Sound investing is not about finding “confidential information” or “secret formulas”; it’s about investing to earn a reasonable interest rate, consistently, over time. Promissory notes are great tools for building wealth because they are available paying various interest rates, in various dollar amounts, for various durations, and with various risk factors. They are individually created and tailored to specific needs and circumstances; they can be purchased as an individual asset, as a partial interest in one note, or as a partial interest in a pool of notes.
Financial Independence Depends on Having Income
Intelligent, low-risk, investing will provide long-term income for retirement—financial independence. A simple definition of financial independence is having enough passive income to cover all of one’s living expenses without having to work to receive it.
As an example, investing $10,000 at an 8% interest rate that amortized over fifteen years provides $95.57 per month cash flow; ten similar investments will provide $955.65 per month cash flow. By making small, conservative investments over time, a substantial monthly income can be gradually created that will lead to financial independence.
Understanding Basic Promissory Note Facts
To understand the promissory note investing business it is necessary to become acquainted with the main parties involved. There can be four parties involved in a…
Source by Lawrence Tepper
The post Promissory Note Investing for Income – Build Wealth Gradually appeared first on Note Investing Seminars.
Promissory Note Investing for Income – Build Wealth Gradually published first on http://www.noteseminars.com/
Promissory Note Investing for Income – Build Wealth Gradually published first on http://www.noteseminars.com/
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