THE CREATIVE USE OF MONEY

Money should do more than just reproduce itself.

"Remain flexible and open minded about types of investment.There are times to buy blue-chip stocks,cyclical stocks,corporate bonds,convertiblebonds,Treasury bills,ect.......and there are times to sit on cash!Because,cash enables you to take advantage of investment opportunities.The fact is there is no one kind of investment that is always 'best'" - sir John Templeton.

You have only 3 choices when it comes to investing:

1. YOU CAN OWN.

2. YOU CAN LEND.

3. YOU CAN BET!

When investing,we are always financially connected to others.Finacial Independence is therefore basically, an illusion.
When we buy a share of stock,we become part owners of a company producing goods and services to others.When we buy a treasury bond,we are lending money to our Government (in essence we are lending to Nations!)
to do something for ourselves and for others.When we fix deposit our money,we are lending money to a bank - that will ,in turn lend it to others.Banks simply transfer wealthtemporarily between depositors and borrowers.Their ability to producewealth depends on weither the borrower obtains aloan and uses it to create wealth or uses it to consume wealth?!

From available data,owing part of a company ha been the most rewarding type of investment and although most of us dont think about it much,it is only logical;Companies exist to create wealth!Governments on the other hand exixt primarily to regulate behaviuor,secondarily to transfer wealth,and to a lesser extent,create wealth.

Your odds of prospering are better if you finance creation of wealth.


To your Covenant Success,

Taiwo Ogunkoya

Dreamsdreamer