Sometimes in life, and often when it’s close to being too late I find, one will come across something that is simple and yet so powerful that it needs to brought to the attention of everyone possible.
That’s the way I feel about Private Reserve Strategy, which has now been officially launched by Money Trax as part of the Circle of Wealth system.
This concept has taken me by storm. If you are following my Money Trax blogs, and if you have looked at my website or spoken to me directly, you will have an idea of the principles of this system. However this part of it is a culmination of 20 years of thought and creativity by the founder, Don Blanton, and is nothing short of brilliant. This outcome of his time and hard work will change lives, and will change the way every day Canadians work with money. I am so pleased to be able to share it with my clients and with new people that I meet. I am truly convinced that I can provide meaningful changes that will benefit many.
The philosophy of MoneyTrax is this – we feel we are better able to find opportunities by helping our clients by finding the losses, the inefficiencies, in the way they are using their money, rather than trying to find the winners.
Private Reserve strategy shows us the most efficent way to make capital purchases, by building a reserve account that can then be used as collateral, while the account continues to compound. You can be a debtor a saver or a wealth creator. There is nothing more powerful that to see the effect of an account that will continue to compound while you borrow against it for your capital purchases. If you compare compounding to amortizing, you will see that the math shows the truth.
There will be more to come on this topic, and if you are a client due for a review, you will hear about it from me in person.
Happy buying!