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Howard's blog

3 Simple Steps to Building Wealth

Building wealth - it's a topic that sparks heated debate, promotes quirky "get rich quick" schemes and drives people to pursue transactions they might otherwise never consider. "Simple Steps To Building Wealth" may seem like a misleading title, but it isn't. While these steps are simple to understand, they're not easy to follow.

The Steps
Basically, building wealth boils down to this: To accumulate wealth over time, you need to do three things:

Cupcakes are the Latest Get Rich Quick Scheme

A traditional dessert in America, the cupcake is nothing new, but in recent years it has morphed into a must-have gourmet treat, popularised in part when a heroine on the trend-setting television series Sex and the City ate one in an episode shown in 2000.

This calorie-laden dessert, usually colorfully decorated, has taken the United States by storm through specialised cupcake retail chains, like Magnolia Bakery and Crumbs, and outlets such as chocolate retailer Godiva and the Cinnabon cinnamon bun chain that are cashing in on the boom.

Your Path to Wealth and Success

Wealth and Success: Your Individual Path There

Be very aware that making wealth and keeping wealth are not the same thing. People who are successes are doing both. This is like the difference between marrying Mr. Right, and marrying Mr. Right with the right relationship for you. Half a loaf is better than none, but...

First, how not to.

Wealth Building Strategies - 3 Asset Allocation Strategies for Wealth

If you are wondering how to build wealth, then this article will give you a good overview of the 3 typical ways you can build wealth quickly. These aren't difficult to understand and others have made their millions by excelling at one of these choices.

Why dividends matter in your wealth building strategy

f I could sum up my investment philosophy with one word that captures what I consider to be the most important ingredient in a successful wealth-building strategy, that word would be … dividends. I love dividends. I do not buy stocks that don't pay dividends. If my wife would have let me, I would have named our first-born child Dividends. Okay, maybe not, but you get the idea.

What is it that I adore about dividends? Well, for starters, dividends pay you a regular stream of cash.

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