---

 

This writing was accepted for publication in the 108 page perfect-bound ISSN# / ISBN# issue/book “In Plain View” Down in the Dirt, v195 (the 5/22 Issue) Order the paperback book:

Order this writing that appears in the one-of-a-kind anthology The Final Frontier the Down in the Dirt May-August 2022 issues collection book		get the 420 page May-August 2022 Down in the Dirt 6" x 9" ISBN# perfect-bound paperback book:

Order this writing in the book Running Out of Time the 2022 poetry, flash fiction, prose, & art collection anthology		get the one-of-a-kind poetry, flash fiction, prose, artwork & photography collection anthology as a 6" x 9" ISBN# paperback book:

Wealth

Gil Hoy

You’ll need to own stocks. And pick
the right ones. Look for stocks with good
earnings potential and low PE ratios.
PEGs at or near 1. Pick companies
you know something about. Maybe
a new national food chain that has
the best produce and meat. Maybe
a corporation with cars that run without fuel.
Or a biotech company with a new
patented drug that can charge a good price.

Cuba was discovered by Columbus in 1492
and was first colonized by Spain. It was
under US influence until 1960
when it became a republic. Its minimum
monthly wage is 225 Cuban pesos, about $9 US.

You’ll need to own bonds. Choose bonds
with high credit ratings. Diversify by picking bonds
of different duration. Perhaps low-cost mutual funds
that have historically done well. When you’re
young, you might go 90% stocks and 10% bonds.

Tanzania is a republic and the largest country
in East Africa. It exports cotton, sisal, tea
and coffee. It consists of 120 ethnic groups.
Tanzania’s minimum monthly wage,
depending upon the economic sector,
is 40,000 Tanzanian shillings,
about $17 US.

Then there’s real estate. Particularly
commercial real estate and residential
rental properties. You’ll want to put little
or no money down. Leverage is key.
If you put 10% down, and the property
goes up 10%, you’ve doubled your money.
You’ll get lots of tax breaks.

The daily minimum wage in Mexico
is 123 pesos, about $6 US. Eleven million
people live on it.

Own precious metals. For inflation protection.
Gold’s the best. And keep some of your assets
in cash. To ride out economic storms.

Did you know the 15 wealthiest individuals
in the world have more wealth than the poorest
85 countries combined?

If you start early, and invest wisely,
you could be a millionaire while you’re
still in your 30s. Then you can buy a villa
on the ocean, in a poor country,
with 5 full-time servants. They can live
in the guest house. Be sure
to treat them kindly.

Copyright of written pieces remain with the author, who has allowed it to be shown through Scars Publications and Design.Web site © Scars Publications and Design. All rights reserved. No material may be reprinted without express permission from the author.

Problems with this page? Then deal with it...