| The
Asset MachineI'm
an Engineer and an Entrepreneur. What I do is so
simple, a
no common sense, numbers nerd was able to do it. I created The Asset
Machine,
it is by far the easiest way to build your net worth...basically become
RICH.
The
concept is so simple your going to ask yourself "Why didn't I
think about that?" You literally can't afford not to read
this
information that I am giving to you for free.
If
you are
like me, or the me of old, then your financial IQ is probably pretty
low. My job, like many engineering jobs, required me to know
very little about the world of finance. I am an Engineer, not an
accountant and the large companies pay other people to worry how to
improve net profit or increase revenue or how to finance a project.
What I did figure out is that the people that were making the
most money and had the highest net worth may not understand the details
of what I did, but they all had very high financial IQs. So The
Rich Engineer set out to improve his financial IQ. In the
process I found some very good resources.
Let me ask you some questions: do you know what an asset is, what about
net
income, or cashflow? OK what about phantom tax deduction,
OPM,
90:10 rule, 1031 exchange, proper asset entity selection? No, no, no I
am
not talking about, "Yeah I have an idea of what they mean," I am
talking about if Donald Trump sat you in the board room and said what
is the definition of a phantom tax deduction, OPM, a 1031
exchange, etc. would you be fired? I would have
been. I'm
an Engineer, not an Investment Banker.
I
know, your saying "Will knowing the
definition of Rich Dad's OPM or 90:10 Rule make me rich?" No,
but knowing
how to use
Rich Dad's information to your advantage will make you
RICH!!
I knew nothing of money,
finance, or the internet, but what I did know
was how to systematically test various wealth programs to maximize
their
potential.
This is what I was talking about. All the information in
these books the CEOs and financial officers as well as the most
successful entreprenues already know and understand. I promise
you if you asked the CEO of Apple (by the way he is a billionaire and
earns $1 a year salary) how to use depreciation to improve the bottom
line or why asset entity selection is important in every business, he
could tell you without a problem.
The
concept that I used to improve my net worth is pretty simple. I
use my current sources of income or cash flow to invest in assets that
generate more cash flow. I then use that money to set up entities
to protect my investments and reinvest the capital. All the while
the net worth increase over time of each asset. So I am
generating cash and becoming more wealthy because my asset's value
increases at the same time. Look, I am not the most motivated
person and if it
took
alot of time and effort, odds are it would not have worked for
me. Here is a diagram of The Asset
Machine?
I will tell you what I do to make money.
I
do what Rich Dad did...I create assets that generate cash
flow. Want
to know how to create assets and how they can
generate cashflow for you while legally not paying taxes on that
money?
Thats right I don't pay taxes like you do. I also dont invest
like you either. How do I know that...well go
here to
find out. Don't go
here if you are not
interested in changing the way you think about money and how to make
alot of it. The Rich get Richer...what do you do?
 
What
is this game. It is one of the most expensive board games on
the
market today, but it is so much more than the standard board
game.
It is a way for you to learn by practice and reptition
without
putting large amounts of your credit and hard earned money on the line.
It is the
best financial information condensed into an excellent board game that
exposes the repeatable methods
of the Rich to make ALOT of money. They make money by
creating
cashflow generating assets. Like I said if it
wasn't easy,
it
would not have worked for
me. | The Rich Engineer
Approved Machines:
Passive Cashflow:
1. Ultimate Wealth Package
2. The Rich Jerk
Real Estate:
1.
2.
Rich Dad Real Estate
These
approved machines are good ways to generate passive cashflow. You
can then use this effortless money to Create Assets using a few of the
ideas under the Real Estate.
Good Luck,
Rich Engineer
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