No BS Financial Freedom .com » Financial Freedom Account

I’m Back For Financial Freedom

gabrielg — Sat, 12 Sep 2009 20:06:45 +0000

Well I know it’s been a while since I have written to you. I’ve been keeping myself rather busy with many hours onthe job, exercise, study, a touch of social activites, and not as many wealth building actions as I would like.

I’m still at my sales job where I have been selling advertising to about 120 different industries. It’s a fun job that pays well and I love the people I work with. It is also rewarding in non social and monetary ways because I love selling; however it is still a job. It is still an employee role that I play. It is still a part of the “rat race” that kiosaki refers to.

In reference to my financial freedom, I have still been adding money to my savings and financial freedom account on a daily basis. My cash reserves are growing, but have yet to produce even 1 dollar of passive or portfolio income.

I have been sporadiclly looking at potential real estate deals and making offers. Many of the properties are REO (real estate owned) by the bank. In our current market I have found that alot if these foreclosed properties wil recieve numerous offers and alot of he strongest competition comes from first time home buyers who are willing to offer more than a cash investor at wholesale prices.

I need to implement a new strategy for aquiring real estate and bargain prices. I know that the current condition of the market is an excelent time to invest and something that many sophisticated Investors have been waiting a long time for.

I have a mind to put together a marketing campaign and focus on specific targets to attract motivated sellers to call me with the properties that they need to sell. Already, I have created a rough outline of a marketing plan for the next few months, but the first step is to come up with a catchy name and memorable logo that I can brand the market with.

Whoops

gabrielg — Mon, 12 Jan 2009 15:08:00 +0000

I choose to hold myself accountable to you, the public audience to ensure that I do everything that I commit to doing in growing wealth and increasing financial freedom:

I didn’t really do my wealth education yesterday beyond a few minutes reviewing yahoo finance news articles, seeing the news released to the public.

The only action I took in that regard is by adding an amazon link to the book on Gold & Silver.

Tonight I have a Multi-Family Real Estate Investment networking meeting to attend. I am sure to make some good contacts and learn some valuable information for down the road.

Although financing may be challenging in the current times, I am sure to develop some contacts and/or learn something valuable. I will report it here so that others may make use of it as well.

My Top 8 Reasons for Financial Freedom

gabrielg — Sun, 11 Jan 2009 00:58:00 +0000

My top 8 reasons I am choosing to be financially free right now are as follows:

1) Having more than enough money & resources to never have to work a day again in my life. I may choose to continue work, but it is because I want to…not because I have to.

2) Extensive World-Wide Traveling. I would like to be able to go on month long adventures, exploring, the planet on a whim, and any time my journey calls for more money, I will simply go to the nearest bank, and collect money from one of my bank accounts continually being filled by my passive income streams.

3) Ongoing & Coninual World Class Traing. With financial freedom, I am able to hire the world’s best mentor’s and trainers to grow from and have the time to attend all the courses, classes, workshops, and retreats that I choose.

4) Donating to charity. Being willing to embrace all the overflowing of wealth that is constantly in my life, and reaffirming it with generosity.

5) The gift of time: There is nothing greater to me than time freedom. The freedom to do with your life everything you want to do.

6) Hosting world-class events, gatherings, and parties of all kinds.Embracing the rich abundance life has provided me and finding every reason to give thanks and continue to celebrate life.

7) A paid of luxurious tropical beach house in a lush tropical beach somewhere in Costa Rica, and mountain chateu somehwere in Colorado.

Month after month I continue to get ongoing stream of income. More and more checks in the mail and deposited into my bank accounts every single week.

The Worth of a Dollar

gabrielg — Sun, 04 Jan 2009 07:41:00 +0000

If the Federal Reserve continues to just print more money out of thin air, what does that do to the value of the dollar?

Apparently that continues to lower the amount of resources you can purchase with every dollar you have in your pocket. The more that is printed, the less clout it
has in the financial world.

It cannot go on forever, and eventually it is scheduled to repeat itself. Throughout history, when a government went off of the gold or silver standard, the ones who have survived financially were the ones who held onto the precious metals.

I have about $5,395.00 saved up in my Financial Freedom Account which I have made a habit of adding to each day. The only purpose for the money in this account is to generate more money. I have been considering investing a portion of this in my Real Estate Investment Mentor, ultimately working together it should uncover a real estate deal that will more than pay for the cost.

Another thing I have been considering is to put it all into silver and gold, and just continue to build up those reserves until the market crashes. Although, I intend on growing the gold and silver reserves, I would like to do it with a separate account.

This money that is in my FFA right now can be used to do actual deals right now, not to mention all of the priceless education that comes about through more experiences.

I was studying a crash course on the patterns that economic bubbles tend to follow. It showed various market bubbles through history in line graphs, and laid them on top of each other. If the real estate bubble follows the same pattern, it appears that the real bottom of the real estate market should be somewhere around 2015.