The Purpose Of Money In Wealth Creation

An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellow fin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.

The Mexican replied "only a little while".The American then asked why didn't he stay out longer and catch more fish?The Mexican said he had enough to support his family's immediate needs.

The American then asked, "but what do you do with the rest of your time?"The Mexican fisherman said, "I sleep late, fish a little, play with my children, take siesta with my wife, Maria, stroll into the village each evening where I sip wine and play guitar with my amigos, I have a full and busy life." The American scoffed, "I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat, and with the proceeds from the bigger boat you could buy several boats; eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery.

You would control the product, processing and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually NYC where you will run your expanding enterprise.

"The Mexican fisherman asked, "But, how long will this all take?"To which the American replied, "15-20 years.""But what then?" The American laughed and said that's the best part. "When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions.""Millions..

Then what?"The American said, "Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siesta with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos." - (Anonymous)

In my opinion, the moral of this story is 3 fold.

A) Do what you love the money will take care of itself.

B) You are smart enough to make your own decisions when properly informed. Don’t blindly rely on the financial advice of so called “professionals”.

C) Each of us has our own definition of what true success and prosperity is, in 2009 make it a point to follow your plan to reach YOUR vision of success.

A Billionaires Wealth Creation Secret

Warren Buffet is a name synonymous with wealth creation and prosperity. I have mentioned the fact that this savvy entrepreneur, the second richest person in the world, has invested billions in silver and we should do likewise.

What I have not mentioned before is that the foundation of this gentleman’s wealth has been generated and is consistently generated by using a few time tested principles in investing in stocks. Mr. Buffets approach is truly simplistic and easy to follow. While many investors chase dot com stock, hi tech, medical etc. Buffets strategy is what allows him to generate consistent ongoing profits. Berkshire Hathaway, Mr. Buffets company, recently released a glimpse into his amazing portfolio of winners and if you choose you can capitalize off of his expertise.

The following are the top 10 holdings of Mr. Buffet. Mr. Buffet does not make personal recommendations but, in my opinion, knowing where he puts his own money is much better than taking a recommendation of where he may suggest we place our money. I am sure you will agree that the list below is quite logical and all companies listed have proven track records of consistent profits over the past few decades. You know know one of the secret to a billionaires wealth creation strategy

Coca-Cola (NYSE: KO)
Wells Fargo (NYSE: WFC)
American Express (NYSE: AXP)
Procter & Gamble (NYSE: PG)
Johnson & Johnson (NYSE: JNJ)
Burlington Northern Santa Fe
Wesco Financial
Moody's (NYSE: MCO)
Anheuser-Busch (NYSE: BUD)
ConocoPhillips

What Is Elements To Wealth?

Elements To Wealth has a two fold meaning. First it is the name of the paid membership program I manage and developed over the past few years. The company was originally called Pmelements hence our primary domain name pmelements.com. The original intent was to provide precious metals to consumers along with a referral marketing opportunity. Pmelements was founded in 2003 by Jeff Charlton. I came on board in 2006 first as a distributor then as an MLM Consultant and finally I purchased the company in lSeptember 2006 and changed the name to "Elements To Wealth".

This blog is the next progression of the company, rather than restrict information to paid members I decided to share information with anyone willing to listen to help them along the way towards experiencing the Elements To Wealth at no cost.

The second meaning of Elements To Wealth is the movement and mission towards identifying, understanding, implementing and experiencing the things one would generally associate with being wealthy. The 7 core Elements That Will lead to wealth are:

1) MONEY- Understanding what REAL Money is, how to get it keep it and leverage it.
2) HEALTH- all the money in the world is useless wtihout your health.
3) TIME- A huge advantage the wealthy have is more time to do what they want to do when they want to do it.
4) ASSOCIATIONS- having direct access to professionals for key areas of acquiring, maintaining and growing wealth is crucial to ones attainment and maintainment of wealth.
5) EDUCATION- A truly wealth person never stops learning new ways to grow, preserve and diversify their wealth into other ventures.
6) GIVING- The Greatest Money Making Secret in History is how the act of giving
what you want to receive will provide an effortless flow of exactly what you want to seek you out. Whether it be money, time or knowledge a key to creating perpetual wealth is giving.
be creating valuable content for those attracted to the Elements To Wealth.
7) SPIRITUAL GROWTH- Understanding, study and education about your creator and your eternal destiny are crucial towards wealth creation. Deuteronomy 8:18 makes this
quite clear.

These are the foundational principles of the Elements To Wealth. There are many other areas that have their role. If you are open to learning, sharing and contributing towards the attainment of the Elements To Wealth then I am confident you will enjoy the information on this blog.

Thanks for stopping by.
Owen Brown
3 John II