OneWorldIncome describes about the growth of economy and increase of disposable income, the purchasing power of people,difference in prices of gold and silver etc.
Please tell our readers something about yourself?
My name is Lee and I'm a 30 something IT professional that has realized that for me to become financially secure in retirement, I can not depend on my current career or the government. To really build wealth, it is my own responsibility to invest wisely and by learning more and seeking out the investment opportunities that are outside my door. It doesn't
always knock, you have to just open your eyes and doors.
Do you have any email id on which our readers can reach you?
Yes, lee(at)oneworldincome.com
Since when are you Blogging?
Early 2007.
What is your motivation behind this blog?
The Internet has become far reaching and in the world of investing, opportunities are worldwide. Originally, the idea was born from frustration and disappointment in losing money investing in "too good to be true" type of investments run by less than honest people and scammers. The blog was a way to document the good from the bad types of investments.
What topics do you explore in this blog?
Besides stock ideas, we try to find alternative ways of investing or opportunities that are not mainstream and found here and abroad.
Alternative investments in OWI's definition doesn't exactly have to mean hedge funds. Stamps, coins, treasure hunting and fossils are some of
the offbeat ideas we have found.
What are your future-plans with this blog?
Finding more investing ideas to share to the readers and adding more rich content from guest contributors.
What are the sites and blogs you browse often?
wealthdaily.com and earlytorise.com
Would you please share something for people who are in debt?
getting out of debt is not an easy task and there is really no big secret on how to it. It really starts with setting a goal and acknowledging that to build wealth, one must get rid of the debt first.
Learn better money management, don't over extend yourself and be
frugal about your wants and needs.
Would you like to say something to our community members?
You are never too old or too young to start investing, however, the earlier you start the more your savings will grow through the power of compounding. Getting out of debt first should be the strategy before
you start investing especially if you have high interest debts. If you are fortunate enough to have the debt repayments under control and have
low interest debts, it would be a good strategy to start funneling money into a savings account or investing at the same time. Look hard enough
and you can find "found money" available to save or invest with. For many people, there is extra money laying around: do you really need Starbucks coffee every day? A landline phone and a cellphone? 400
digital cable channels? Use premium gas in an older car? Pay full coverage insurance on an older car that has been paid off? Lower your home utilities by changing out your incandescent bulbs for fluorescent.
Change your thermostats. There are many other ways to free up some extra funds. Just doing the ones mentioned can possibly put an extra hundred or two into your pocket to
pay off debt or invest with.
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