Today, generations X and Y are much more willing to leverage the new economy’s currency (see yesterday’s blog) and take control of many aspects of their lives by not relying on someone else to make decisions on their behalf. Unfortunately, there is still one area that has the greatest potential impact on their lives. It’s an area where these generations continue to turn complete control over to someone they believe is the “professional or expert” rather than believing in themselves. This one area is investing and these generations are unknowingly forfeiting a majority of their lifetime wealth potential to the financial services industry…just like the Baby-Boom generation did.
The choice of self empowerment provides the ability of individuals to make informed choices that will transform those choices into a desired goal and outcome.
“You can change your beliefs so they empower your dreams and desires. Create a strong belief in yourself and what you want.” – Marcia Wieder
By becoming a self empowered investor, or what some refer to as a DIY 2.0 Investor, Gen-X and Y investors have the ability to double, triple, or even quadruple their wealth accumulation by retirement age, without any additional savings or risk! It is when we share this information with investors, that the term ‘self empowered’ becomes a defining moment and takes on a whole new meaning relative to investing for their future.
Are you ready to stop accepting the status quo you were taught by your parents, relative to investing, and leverage becoming self empowered? It’s your future wealth potential at stake. Building your wealth only requires you to exercise your power of choice.