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1992-07-15
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6KB
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153 lines
WEALTH MANAGEMENT SYSTEM
Investing made simple
by WILLIAM W. ODLUM
Suite 105, 35 Ormskirk Avenue
Toronto, Ontario, M6S 1A8
This Document Copyright (c) 1992 WILLIAM W. ODLUM
Wealth Management System Software copyright (c) 1992 WILLIAM W. ODLUM
All rights reserved.
Non-registered users are granted a limited license to use the above
mentioned software and document on a trial basis. Use, except for this
limited purpose, requires registration.
Use of non-registered copies by any person, business or agency is strictly
prohibited.
No user may modify either the document or software in any way whatsoever.
HOW TO SAVE, WHERE AND WHEN TO INVEST FOR GREATEST PROFIT.
Since this is an unregistered copy, I am not going to share with you
the secrets of successful investing until you register.
'How to Get Rich and Stay Rich' consists of 14 pages of easy to read
and understand investment advice. Shows step by step how to set your
financial goal and then set up a savings plan. Where and when to Invest
your Savings for the greatest gain consistent with safety of Capital.
I can tell you that the simple Investment strategies I will share with
you have worked for me. They enabled me to accumulate enough money in 25
years to retire and live in comfort. My wife and I enjoy traveling and
have visited over 26 countries over the years.
Not to brag but to give you the facts. I came to Canada at 24 years of
age with a grade 12 education and no skills. I realized that I would never
earn more than an average salary and wanting to enjoy all that life had to
offer I started to invest a small amount each year.
It took me a while to devise a winning strategy and from then on I spent
only 2 hours a month on my investments. Soon my annual income/growth from
investments was greater than my salary.
I retired at the age of 50, which was 9 years ago and have enjoyed myself
since and have not missed the stress, pressure and nonsense of the work
a day world!
Many investors I have spoken to seem doomed to repeat all the mistakes
of the beginning investor by trying to reinvent the wheel, as they will
not pay for sound advice upon which they can continue to build.
They use free advice from friends, acquaintances and newspaper columnists
who have no proven track record. In doing so they end up wasting their
money on commissions and lost compound growth by investing in the wrong
areas at the wrong time.
They tell me of a stock they bought and have held for five years and
as the price is still the same that they have not lost money on it.
They do not seem to understand that if their investment is not doubling
every five years that indirectly they have lost and will continue to
lose the potential gains from the money invested.
An Example, Real Estate. When the boom in prices started there was
a great deal of money to be made but then everyone got on the bandwagon
and instead of a home providing shelter it became a profit center with
annual gains almost as great as the homeowners take-home pay.
When the cost of owning a home reached 40% to 60% of the home buyers
annual salary it was obvious that people could not and would not pay these
prices and they crashed back to the traditional level of the cost of
shelter which is 25% to 30% of salary.
I have lived and invested through all the fads. Gold from $200.00 to
$800.00 an ounce and back, Silver from $5.00 to $50.00 and back. Oil
$18.00 a barrel to $56.00 and back, Nickel, Cotton, Strip Plaza's, Office
buildings, Land, Retailing, Manufacturing and Junk Bonds the list goes on
and on.
However, while enormous sums of money were lost by many gullible investors,
it did not disappear. Some shrewd investors ended up with all of it.
(Money never disappears, it only changes owners!).
As you probably know the Dow Jones Industrial Average increased in the
year 1991 by over 20%. Since this is an average, some stocks did not show
any gain while others did far better than 20%. Did you participate in
these gains?.
I believe that the recession of 1990-92 is almost over and the damage done
to our economy by the fastbuck artists during the nineteen eighty's is
behind us.
With costs under control we are entering a new phase of solid, sustainable
growth in the U.S.A and Canada that will be very rewarding to those who
get in at the start.
The key to successful investing is a strategy that consistently works in
the real world of commerce in spite of boom or recession.
The programs in this package are all the tools you will ever need for
successful investing. Don't get carried away with programs that give fancy
charts and graphs, they only show what happened in the past and are an
unreliable indicator of the future when different forces are in play.
Enough said. The choice is yours, do you want to retire early and live in
luxury. If so send me $24.95 and I will send you the latest revision of
the programs and the complete 'How to get Rich and Stay Rich' which shows
the way to successful investing.
William W. Odlum
Suite 105, 35 Ormskirk Avenue
Toronto, Ontario
M6S 1A8
End