Simple Tips For Growing and Sustaining Your Wealth

Wealth is more than money. What is important when building your wealth is to create a systematic approach to managing your finances. When it comes to growing your wealth, you will want to review your finances in a way that will allow you to create a plan that fits your needs and lifestyle, not someone else’s. By following your plan, you will see difficult decisions become easier and will be better prepared to handle any changes within the investment climate. Although it may not be easy at first you will learn to approach difficult times in a strategic manner, so you achieve your investment goals. You want to follow good investment habits to grow your wealth with less stress.

Your mindset paves the way toward greater wealth and freedom. The story that we tell ourselves and how we think about money will determine our level of wealth success. Instead of anger or feeling stressed, replace those negative feelings with a positive outlook and a winning attitude.  A positive mindset is a start that gives you more confidence and inner peace helping you in growing your wealth.

Here are four simple positive mindset tips:

1. Get in the habit of thinking about what you want instead of what you don’t want.
2. Face your fears instead of letting them hold you back.
3. Commit to taking simple action steps for changes to begin.
4. Be laser-focused on creating a plan. The more focused you are, the more likely you are to do and achieve your plan.

It’s time to thrive on your journey to accumulate wealth. Accumulating wealth starts with making small changes in your mindset. A winning mindset is a start that will lead you to make smart decisions that will have huge payoffs as you move through your journey. Take an interest and to learn as much as you can so you make clear-minded strategic decisions about what might need to change. Take one step forward every day. Start using these wealth building tips below to begin and see how your perception of money starts to improve.

 Simple Tips for Growing and Sustaining Your Wealth:

• Be willing to invest in you for your well-being and inner peace. Work on your own self-growth as part of your everyday life.
• Track your investments to see how they are performing on your phone or the internet. One of my favorite free resources is Yahoo (yahoo.com).  Another resource that is very useful so you can follow your favorite investments to see how much they are rising or falling is the application “Stocks” if you have an iPhone.
• Diversify your investments that include a broad mix of stocks and bonds. As you grow older it’s a good idea to move your assets into less-risky investments. A quick rule of thumb is to have an allocation to bonds that is equal to your age.
• Make your investment decisions with the current trend of the market. Your risk is larger when you go against the trend.
• Have a flexible portfolio that is liquid. Something you didn’t expect could occur and you may want to make a change in your portfolio.
• Manage Your Risk. Have a plan that includes safety and capital preservation so you can avoid big losses and focus on achieving consistent gains.

You can build your wealth.  Decide today that NOW is the time to shift to a more positive money mindset.  I’m here to help you on your journey to wealth. The financial changes you choose to make don’t have to be all at once. Break them into smaller tasks over time. Review your money habits and make only a few changes at a time. Even small changes can have a positive impact.  See yourself choosing wisely, feeling safe, and being in full control of your money.  Start now.

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Bonnie S. Gortler

Bonnie Gortler, Consultant, Coach, and Author specializing in Wealth and Well-Being, is a successful stock market expert who has been instrumental in managing multi-million-dollar client portfolios within a top-rated investment firm during her over 35-year corporate career. As the author of “Journey to Wealth,” Bonnie has made it her mission to share the importance of risk management and how to enjoy real financial well-being by applying the technical and mental sides of investing. Bonnie has an M.B.A. and is a certified life coach. It is through her love of coaching, consulting, blogging, and social media that she creates change in the lives of many and inspires people from around the world. Bonnie is fully committed to your personal growth and development as she shares her winning spirit and powerful techniques with you. Visit BonnieGortler.com to gain tips and insights about investing, personal development, and inspiration through her articles on Wealth and Well-Being.
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