To truly build long-lasting wealth, you need to generate multiple, reliable income streams to fund your higher-paying, riskier strategies without risking your financial health.

Here are six steps you can take today:

  1. Focus on increasing your ability to earn more money by improving your work ethic and skills.

  2. Choose to live well below your means so you can save over 60% of your monthly income.

  3. Put no more than 5% of your liquid net worth into asymmetric investments.

  4. Put the rest of your money into conservative, income-producing investments and strategies.

  5. Reinvest a portion of your safe income back into asymmetric investments.

  6. Repeat until you’re rich and retire comfortably.

It may seem paradoxical. But the more “safe” income you build, the more “free” income you’ll have to speculate on high-risk, high-reward plays that can change your life right now, not 20 years from now.

It’s never too early or too late to begin building your wealth.

So why not make the choice today to do something different… Put yourself on the road to happiness and security, and live the dream life you want for yourself and your family.

Palm Beach Research Group