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Use Your Money to Make More $$$Money is like your employee(s). If you hire an employee and they continually fail to complete the given tasks to your satisfaction, you usually fire that employee. By the same token, if your money is sitting around in a bank or a non-producing investment vehicle not generating the returns you desire, it’s time to crack the whip and get those employees of yours working hard…by create more employees! Learn how to put your money to work safely and securely. “Putting Your Money to Work for You” is a phrase I used hear but guess I never really understood. I don’t know about you, but I have felt both frustrated and helpless over the past few years watching my mutual funds, stocks and RRSPs continue to generate lackluster performances, and are now playing “catch up” from the bath they took over the past couple of years. |
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Over the last 12 or so years, if you draw a line from the year 2000 to now, the average performances of indexes such as the Dow, S&P 500 or NASDAQ have been practically flat, making it extremely difficult or even impossible for many boomers to retire when they expected to. There is a way to put your money to work safely and securely without experiencing the outside influences of the market. I must tell you, it is not sexy like the stock market, but rather boring as you watch your returns continue to grow year over year. By investing alongside other investors in a pool of funds which in turn invest in a pool of carefully underwritten mortgages, your capital can grow consistently month after month, not to mention being subject to extremely low risk because this pool of funds is spread over many mortgages. Why does this work so well? Because mortgages are paid into each and every month by the borrowers who have them and their properties are the security for the mortgages. The other factor that continues to drive this investment is there are always people that require mortgages so there’s never a shortage of places to put your money to work. What I’ve been talking about is a Mortgage Investment Corporation (MIC) which takes investor funds and pays out quarterly returns back to its investors (shareholders) by using those funds as mortgage loans in residential 1st mortgages, residential 2nd mortgages, construction loans and the like. Get Your Money Working |
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Gord Lemon
