3 Things You Must Overcome in Order to Make More Money

The number one thing to know is this: More and more Americans are rightfully concerned about wage and income disparity but few see that government has any real solution to this concern. This is a step in the right direction because although many members of low-income households work heroically and waveringly at very low wages the "Census Bureau data shows that for every hour worked by those in a low-income household, those in a wealthy household toil 5 hours."(I) Furthermore, "6 out of 10 households have no one working at all."(ii)Secondly, according to the latest Quantitative Analysis of Investor Behavior (QAIB) "The average investor in a blend of equities and fixed-income mutual funds has garnered only a 2.6% annualized rate of return for the 10-year time period ending December 31, 2013. The same average investor hasn't fared any better over longer time frames. The 20-year annualized return comes in at 2.5% while the 30-year annualized rate is just 1.9%."(iii)Thirdly, checking the market performance as of the date of this writing, December 10, 2015, CNN Money reports that the S&P 500 Index is trading 0.56% higher than it closed yesterday. The year-to-date change is -0.12% and the 1 year change is currently -1.59%.So here are the 3 things you must overcome in order to make more money:1. You will need to overcome by working harder or longer, maybe both.2. You will need to overcome by depending more on guarantees, less on market returns.3. You will need to overcome by avoiding market volatility in order to keep more of what you make.The first of these is easy enough to overcome. There are literally thousandsof things that you can do, if you are willing, that will create more income foryou. Saving at least 10% of that income will put you on track to becoming wealthier regardless of where you are today on the income scale. This isn't rocket science. It is called work ethic. Being willing and ready to trade your skills, knowledge and time for money sothat you can set aside money that can begin to work for you, instead of you always having to trade your time for money, is the most important thing in making more money.Next, forget about putting your hard earned money into the market in hopes of it making you more money. Statistics document, as the QAIB research above proves, that this model of saving hardly keeps pace with inflation. That means you could save all your money in thingslike 401(k)s, IRAs, Roths, Mutual Funds, Securities and Bonds and end up with less value down the road than what youstarted with initially.Finally, overcoming or avoiding market volatility is critical if you are planning on keeping more of the money that you and your money can create for you. Consider this based on the CNN Money report above. If you had entered the market this morning you would be making slightly over ½ of a percent on your position. Of course, you would have to pay the fees to make the trade either to enter, exit or both and that means you would have lost money today in the S&P 500. But let's say you entered the market on the opening bell the first day of trading this year. That means you would have lost the trading fees plus you would have lost another 1/12th of a percent just because of market volatility. And if you had enteredthe market 1 year ago today then your losses would include all the fees plus an additional -1.59%.Logic tells us that saving in places that provides guaranteed returns and opportunity to participate in market returns without assuming the risk that is inherent in the volatile market place while having complete access without fees or penalties to the capital saved is more reliable than what the average investor is accomplishing with their money today. That is why The PerpetualWealth Code™ is based on overcoming these 3 things that most investors are plagued with in their portfolio. Guaranteed, Available, Manageable Equity is the GAME that you need to win in order to make and keep more money.(I) NewsMax: Stephen Moore: No President Obama, Poor People Don't' Work as Hard as Rich, Dan Weil, June, 9,2015(ii) Ibid(iii) Forbes; Why The Average Investor's Investment Return Is So Low, Sean Hanlon, April 24, 2014At Life Benefits we help you play the GAME to win.http://www.life-benefits.comArticle Source:http://EzineArticles.com/expert/Tom_McFie/2235398