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What do you want and when?
If you do not know what you want, how will you know when you have
got it? By identifying what
you want and when you want it, you set your brain in motion to figure
out how to get it. Chapter
four discusses this topic in more detail.
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Why do you want it?
To achieve something inevitably requires that you sacrifice
something else whether that something else is time, money, or whatever.
To stay motivated until you reach the desired end, you must know
WHY you want something. Knowing
"the why" keeps you going when the going gets rough.
Chapter four discusses this topic in more detail.
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How are you going to get it?
You must have a method to reach your dreams or nothing ever
happens. Maybe your method
is to go back to school for special training, or to get a second or
third job, or even the strategy presented in this book.
Whatever method you choose, you must also put it in action or
nothing happens.
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What are you willing to give up to get it?
As mentioned above, you generally have to sacrifice something to
get something. For example,
if you plan to give up eight hours per week for some purpose and you are
married, make the decision to invest eight hours every week, and get
your family to understand your dream and to accept that you will not be
available for UP
TO
eight hours per week. Also,
make sure that you rarely, if ever, invest more than eight hours per
week, or you are likely to run into major family problems.
One additional hint, estimate the amount of time you think you
will need to invest in your venture, and double it!
The "get-rich-quick" schemes may work if you stick with
them, but if you are a typical member of the middle class, at least one
person in your family has a good, full-time job paying a fairly
comfortable salary. Thus,
the typical middle-class family does not have the extra time and energy
to implement these schemes. Also,
time away from work is precious to the working classes.
As a result, the middle class typically turns to investments such
as stocks, bonds, futures, etc. assuming they have any money to invest
in the first place. Each of
these investments has its advantages and disadvantages.
However, the big disadvantage of this sort of investment is that
you do not really have control of the results.
You may occasionally hear about someone
that bought and sold the right stock at the right time and made
lots of money overnight. Unfortunately,
that is rarely a case of good planning;
in most cases, they just got lucky.
Even the professional fund managers who manage millions, and
sometimes billions, of dollars full-time can not guarantee a good
return, or even a profit. You
may say you still have money markets, treasury securities, and
certificates of deposits (CDs), which is true, but you still have to
contend with taxes, and only mediocre profits.
So far it looks grim for the middle class, but don't worry, it
gets worse; for every dollar
you earn, you not only pay income tax, but you pay social security tax
as well for the first $55,000 to $65,000 you earn.
However, this book DOES provide a plan where you have control
over your investments; YOU determine how quickly you achieve the
lifestyle you deserve. Briefly
stated, the desirable features of investments for the middle class are
the following:
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Little or no income or social security tax on profits
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Guaranteed profits
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Control of the investment results
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Immediate results
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Provides desired lifestyle within predictable time frame
regardless of the economy
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Adaptable to changes in family and financial situations
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Little or no time investment
required of the investor
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Little or no risk of loss
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Start and stop (and re-start if you like) any time you want
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Requires small initial investment
Fortunately,
an investment, or rather a series of investments, does exist that has
all of these features. Even
though the Stoker Strategy has practically-guaranteed, predictable
returns, it is not a "get-rich-quick" scheme, and it does take
time to get to the end goal. The
amount of time it takes to get there depends on each family's situation
and decisions. Even if you
only use the techniques discussed for a limited time, you will be in
much better condition financially, than if you had never started.
As previously stated, this strategy practically guarantees wealth
as described above, and it will open the door to wealth that you may
have thought could never happen to you.
However, this plan can only work for you if you read the whole
book and start following its recommendations, and the sooner you start,
the better off you will be. So,
let's get started ....
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