the next chapter you will learn why silver is actually a much better investment than gold. Most individual investors and the financial press are biased toward gold while seeing silver as a secondary investment in precious metals. You will see why this is not the case and learn how to use silver's under-the-radar status to your advantage.
Next, you'll jump right into the physical metal itself and how it is quite likely that silver will become the first of our metals that become extinct. You will learn why silver is rarer than gold, and why it has not yet caught up with its real price value.
You will come to understand why most silver ends up in the land fill, why falling silver demand due to reduced photographic usage is a myth, and how silver is used in countless technical processes in all kinds of industries. These technologies, in fact, have driven the demand for silver so high that we no longer have a large surplus of the metal available to help balance the market during times of scarcity.
The next chapter deals with the different ways to acquire silver in both physical and paper forms. You will get the details on why silver remains undervalued and how the fundamental market outlook for silver will be bullish for the coming next few years at least.
After that we are going into the nuts and bolts of trading. You will learn how to trade silver to create the highest profit. You will learn how to use and apply several stages of leverage, which will exponentially increase your return on investment. You will learn techniques to substantially reduce your risk when buying with leverage. You will be amazed how much money you can make in a short amount of time in the current bull market.
Speaking of leverage, it is a myth that more leverage equates to increased risk. This myth is of the same type as the one about diversifying as a means of spreading risk. You only need to diversify if you don't know what you're doing. Likewise, you can count on greater risk when leveraging if you don't know what you're doing.
We'll show you how to achieve this. When you fully understand the fundamentals of an investment – and know how to minimize risk – you can simply and confidently make up your mind to jump in or to leave it alone.
Moving along to the next chapter you will learn the basic general principles of being a successful investor. It all begins with mental preparation and knowing how to turn your mind into an asset.
Once your mind is an asset the particulars of your worldly physical existence will unfold in the same way. This is actually the most important and crucial chapter because it assures you success forever. You may at a certain time in your life be broke, but you will never be poor.
Being poor is a state of mind, being broke is only temporary.
Where is The Global Economy Going?
In the final chapter you will get an overview of the global economy and get an idea of where the global economy is going. This information will be important for developing strategies to protect your investments. Our recession (and possible coming depression) is really only the tip of the iceberg for the ship of the U.S. economy. Things will get worse for quite some time before we begin to see the beginnings of a better, more resilient global economy taking its place.
The current financial system is broken and does not support us any longer. It is not a question of if it will fail – it is a question of when it will happen. If you educate yourself now, you will be prepared for the cascade of changes to come and learn how to benefit from the largest transfer of wealth the world has ever seen. It's really a simple black and white question that involves deciding to be poor or to be wealthy. I assume that you already made up your mind, otherwise you would not have acquired this book.
Last but not least, a word about learning. Your financial eduction will be tremendously more successful if you learn to roll with the punches. Don’t give yourself a hard time when you have trouble grasping a term or understanding a method illustrated in this book.
Our system of education, like all our other systems, is pretty much in the same bad shape as our economy. Industrial age educational principles with an emphasis on conformity and rote memorization were designed to produce workers with little initiative and creative problem solving skills. Not flexible, self-aware individuals, who can confidently assimilate new concepts and put them to use. The best investors learn in this fashion and so you will too.
You will experience hiccups here and there during your personal financial education. Slow down if you need to, cultivate patience with yourself, and soon you will see that learning can actually be a fun thing. When you are engaged and curious about the subject material and calm enough to see emerging possibilities, learning will not be an issue at all.
In this book you will learn two things:
•Silver is a fantastic investment instrument
•Silver investment tactics to make huge profits
I truly believe in you and your ability to become wealthy beyond your wildest dreams.
Thomas Herold
Financial Educator & CEO Wealth Building Course
Chapter 1
From Pinching Pennies to a Six-figure Portfolio In Just Three Years
''Do not wait until the conditions are perfect to begin. Beginning makes the conditions perfect.'' - Alan Cohen
Four years ago my wife and I moved from Hawaii to California. Many people asked us why we would leave such a wonderful place like Hawaii. The answer is simple – we needed change. As wonderful and indulging Hawaii can be, if you live anywhere for several years, even in paradise, you may come to no longer appreciate what you have.
That happened to us and we soon began to want to start something new. Our new dream life would involve some sort of business that could help people achieve prosperity and abundance in their lives.
We arrived in California with two suitcases each and a few thousand dollars in our savings account. As we didn’t know where we wanted to live, we cruised around for several months living in cheap motels as we explored different areas.
Our savings dwindled quickly and we decided to switch to renting a room in areas that we wanted to check out more thoroughly. That turned out to be a good decision as we met more people and spent less on room and board.
It was during the time The Secret had come out and we loved it. We loved it so much that some of its ideas sparked the creation of our own vision board as a way to give substance to our dreams.
Our first idea was to do an actual physical version of a vision board but we soon realized that this would be very limiting so we decided to create a software application that would allow anyone to create one on their computer.
We were excited. . .
We Finally Had an Idea
We started to pour all our energy and effort into it. Lots of decisions had to be made. We founded Dream Manifesto, LLC and started to build a website.
