There is a common misconception that wealthy people can and do buy anything they want. Well they most certainly can buy anything they want. However that doesn't mean they do.

You see one thing the wealthy understand is depreciation. The things we own depreciate and lose value over time. They operate on the understanding that money should be making you money. Aside from the normal expense of living with added benefits, you won't see many of them actually owning outlandish things. 


Unless you are a sports athlete who began to make obscene amounts of money with zero training on what to do with it. It the ones who have been trained to think and invest wisely. 

I interviewed a company called Royal Yacht Charters recently. The provide yacht charters in Miami . They have beautiful 40' yachts and mega 120' yachts. It is quite an operation when you think of the staff and upkeep. If each yacht was being used you would have a staff to crew them of around 75 people. Then the mechanics who keep the running and the fuel costs. All that is included with the price of course.

They explained to me that half of their clientele who own their own yacht. Some of them could a couple yachts, but they understand the operating cost of keeping one running. They estimated that to keep a year round crew on a yacht, in addition to maintaining it, would run around $500,000 a year. That is a small sum to some super rich billionaire but they also know that half a million could make them money instead. 

Royal Yacht Charters also maintained a small fleet of yachts owned by others. This is another thing wealthy people understand. If I am going to own something that will depreciate then at least I will make money on it. Right away you are recouping money that would otherwise go right down the drain. No pun intended.

This method allows the boat to be maintained by people who know how. You don't use it all year anyway and they put a special insurance on it to cover the incidents that may arise from using the yacht. 

Wealthy people do this with many things. Leasing cars. Leasing equipment. Renting space that they live in and renting out property they own. In everything they do they are making money and putting the burden of depreciation on others.

You can do this today and immediately you could be considered wealthy. Wealth is not only measured by how money you have in the bank but rather how many assets you have in relation to you liabilities. 

This is Integrated Wealthy Counselors. Hope this opened your eyes a little to the world of wealth. 

Over the years we have seen an increasing amount of savvy investors in property. Quite surprisingly we noticed it among folks who you would least suspect it.

Roofing companies have an amazing niche control for their profits. Much like a mechanic who will always have work just as long as people drive cars, roofers will always find work. Everyone has a home that needs shelter from the elements. 

What surprised us was the fact that these companies were able to get first hand looks at properties that were there for the taking as investments. They already knew it would have a roof done by the them right? 

They then get intel on the property's neighborhood and what kind of shape it is in. They also are able to determine how old the houses are. They take all this information and scope out homes that are either already for sale or if a home is asking for a cost estimate for their closing material oftentimes the roofing company will get in first in purchasing the property. 

They can work in conjunction with a property management company and general contractor for keeping the place in top shape and ready for renters.

We asked a company in the area if they did this and they said, "Absolutely, in this market it really gives you an advantage among standard investors. I also have worked for an investor as a boots on the ground approach to deliver intel to them on certain properties." 

There is software of course and Google that show many of these things already but sometimes there is nothing like real eyes taking in the stuff in real time. 

Guess we should start hiring roofing companies to do this work for us. We love making smart investments. 

We all know what the hangover is. The morning after your party. The realization you had too much to drink. The unhealthy imbalance of alcohol to water ratio. Everyone probably experiences it at some point in their lifetimes. Some more than others. 

There is another hangover though. The shopping hangover. When you feel this hole burning in your pocket and can't resist the urge to spend it. You tend to get careless and make irrational decisions. You end up with something shiny or what society calls the "latest" style. You can now say you possess it and your rung in the ladder has increased.

For many of us who fall in this trap there is one thing we can relate too. The hangover. The realization that the thing you Had to get was not really something you needed. You blew X amount of dollars and have nothing to show for it. 

We have a solution for the chronic shopping imbibers. 

First you have to decide what you will carry for credit cards. Your ability to spend money is the key to cutting out useless spending. 

We find that if you limit your spending capability you ultimately spend way less than you would normally do. If you have excess money outside of what you save every month then it should be invested in your 401k or other investment portfolio. Increase your savings. Add another charity to your list. 

This seems too simple but it works. Avoid the extra money in my pocket trap and you will never worry about the shopping hangover again. 

Hey you all welcome to my new wealth resource. As you can see my name is Archer and I have some knowledge on the subject of wealth that I would like to share in the coming months, or years. 

I decided to do this because I feel like sharing on the interwebs is a fantastic way to get out what you want to say and then it stays there for all to see for years to come. Well pending you keep paying for the hosting of course. 

Blogging has been a little bloated as of late and I certainly don't want to add to the weight. I want to be concise and to the point so you get all the information you need right away. 

Integrated means to bring together elements to further a movement. Well that is what it means to me anyway. We can see that by integrating wealth options and ideas will give you better success at achieving it. 

Wealth isn't money. Ir is quite simply the accumulation of capital and money coming to you. A person with 400 in their pocket and has no expenses is actually considered wealthy. If his assets are all bought and paid for and has value, then he is even wealthier. 

IF you can get to a place where "other peoples money" is paying your all your expenses then you have achieved wealth. 

A great resource for understanding wealth is Wikipedia of course. 
https://en.wikipedia.org/wiki/Wealth

​So how does one get wealth when they are starting at the bottom?