Saving the portal of financial independence and wealth building

Saving the portal of financial independence and wealth building

A study was conducted in 120 countries around the world about self-made people who achieved wealth from nothing. The researchers found that there are three important and common characteristics among all the people who have done this interesting research:

First: they are permanent savings and in all circumstances.

Second, they have a vision and a clear future dream.

Third, they follow the logic of "the steps of the child," that is, when they fall for any reason, they return and rise from their captivity and continue with all seriousness and determination.

Hence, the great importance of saving and saving to realize the dreams of the future in marriage and ownership of the home and the life of the rich and financial independence and wealth building and freedom of decision and action and achieve wishes and aspirations. Here we must agree that:

Saving is the gateway to investment and wealth

These basic savings tips:

Save from your income and beware of scorn and scorn at all, especially on your family and family.

For those with high incomes, try to save between 15% and 20% of your income so that you can achieve the rule of doubling ownership every 5 years, which is one of the most important rules of financial intelligence and investment, where doubling your property every 5 years, which is an important investment goal.

For those with intermediate incomes, it is preferred to be 10%. Those with low incomes prefer to find additional sources of income or evening work so that they can save and improve the current living conditions. Saving here is between 5-10% of the monthly income.

and this is a Golden rules in investment

Here we put the points on the letters on the international standards and professionalism to diversify the investment portfolio, we import an important rule in the distribution of investment is the rule 40/30/30.

40% real estate (whether existing property or funds and real estate portfolios)

30% direct investments (shops, exhibitions, institutes, factories, farms, producer, contractors)

30% stocks and bonds (this ratio is in mature and stable markets and is less than 10% in emerging or unstable markets and the difference is spread here to real estate and direct investment).