Welcome to Community of Wealth
Wealth. What is wealth? A definition I liked says wealth is
the number of months you can live at your current living standard
without working. When you can live infinitely at your current
expenses, you are deemed wealthy or financially free.
The mission of this website is to provide financial information for
ordinary people like us to achieve our financial freedom, to achieve
our dreams of becoming wealthy.
Information on this website on how to become wealthy are based on
personal experience as an ordinary engineer becoming a self taught
investor and moving towards financial freedom.
I hope the information in this website can help you in your strive for
wealth!
Regards
ukey
ukey@communityofwealth.com
Latest activities:
26 Mar 09 - Included a
Forum page for
articles on recent happenings I'll place this as a main link in
the side panel when its well populated. Also added page on Debt Management.
Due to sudden increase in NZD as well as increase in China shares
during the bear rally, some of the sunken cost of the US property
purchase has been offset. Initial analysis is that the bear rally
will not last, and an article will be written on the analysis.
12 Mar 09 - buying property with different approach. Will be
going USA to buy and close deal. Decided to hold the cafe
business for another year, while incorporating Khus's idea into
business plan due to finance situation for the start up.
23 Feb 09 - Completed ICT on 20 Feb 09.
Decided to hold current property purchase till Realtor and Lawyer get their act together.
If needed I will forgo the deal.
Rested for 2 days before re-starting business plan for cafe today.
Plan for the week :- complete the business plan and let Khus vet through.
an embedded Video:
"Money as Debt"
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