What is Residual Income? Income from investments without having to do ’something’ every day.
‘Leading Economic Indicators Weakest Since 2000′ – this headline featured on The Age website recently.
But, what does this mean to the average person.
Businesses are not making enough profit because they are selling less product. The cost of making their product is too high to reduce prices. Most businesses have to borrow money to make their product and the cost of their borrowings has not come down.
To keep businesses afloat, costs must be cut … and that often means cutting staff (look at what happened with Starbucks!). If cutting staff does not work, the business doors get closed.
The shame of this is every business is trying to make a profit by buying cheaper offshore products. This impacts on the country as fewer employment opportunities are then available.
What would you do if you lost your job? Can you rely on the residual income from your investments to pay for your lifestyle?
Learn different investment strategies.
Get your Free DVD http://www.dynamitewealthcreation.com/freedvd.php