Friday, January 18, 2008

Is Investing Only For The Rich?

I blog for a wealth creation site and one of the lessons I learned from there is that you need three things to create wealth. First, you need land. Second, you need some sort of business that can provide you income even while sleeping or lounging around. Third, you need to learn to look for new ways to recreate wealth.

Most people especially in the Philippines barely have enough money for their daily subsistence. They are lucky if they have a little left to be called savings. Where do they get money for investment in this case?

Easy for Warren Buffet to teach people about wealth creation when he has enough capital and opportunity to start with. But wasn't he the one who said people should look for an opportunity to create wealth?

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