Monday, 16 April 2012

How to create financial plan?


As you can see, different cash fl ow assets give you different rates 
of  returns  and while  some  require  lots  of  capital,  others  require 
mainly the investment of time and ideas. For example, if you were 
to rely purely on high yielding bonds of 8% return, you will need 
$600,000  to  generate  $48,000  a  year  ($48,000 ÷  8%)  in  passive 
income (i.e. $4,000 a month). If you were to create a home-based 
Internet business, a $2,300 investment could through time and hard 
work, generate you a monthly $4,000 cash fl ow. Stay tuned on how 
you can possibly do this in the coming section on ‘Creating Multiple 
Streams of Income Online’. 


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