A little older, a little wiser.

I have recently just returned from a business trip in San Francisco, where I just so happened to celebrate my 23rd birthday. From the time I started to learn about investing to the time I sit here typing on this blog there has been one thing that has kept me going! A vision and a plan, everyone must start off by telling themselves that they can do this, take the first steps to their financial freedom and then stick to their guns!

I know its going to seem hard to you all, and you may want to quit the game before you even started with all the crazy news that has been going on with Wall street and the real estate markets lately. But just remember one thing, since the stock markets inception, way back more than a hundred years ago it has returned an average of 9.32% . So stay long, learn as much as you can! I hope you read the books and have started to put away some money! For shortly I'm going to talk about setting up your initial investment account, your RSP account or if your in the U.S, your 401K account. And also giving you some guidance in what best to place in these accounts, and why!

I'll be seeing you guys shortly with that plan, until then, pay off any debt first, then bank some cash, and all the while, keep on filling your brain with that delicious knowledge!

Financial Chaos!

Well guys I hope that you have begun to read one, or more of the books that I recommended to you guys. If not pick one up, and if so continue to read! I hope the fire is starting to burn in you all and your starting to realize how easy it is to get started on this path to financial freedom.

I just felt I had to make a post today, the biggest market drop since the September 11th attack of 2001, and were experiencing the biggest drops since the recession in the stock market. Some may look at this and distress. For them don't, rule one is not to panic. For those that look at this as I do, as a opportunity congrats, because thats what is going to be, The bad loans, the bad banks, the bad industries are burning themselves out, as they should, but out of the ashes are going to arise some fantastic companies. For example look at Bank of America (not exactly suggesting to buy). This is a exciting time, and a scary time, for the short term, but remember this is going to be a massive transfer of wealth, more than likely, the greatest transfer of out time.

I'm currently looking at a number of stocks, and this is definitely the most of all time that make my cut, as a buy, since I'm a value investor and don't buy a company unless its 30% off for a dividend stock, and 50% off for a growth stock, but we'll get more into that later on. But the ultimate question you MUST ask yourself today is, What side do you want to be on? the winning side or the losing side? I think we all know the answer to that. Keep your chin up and keep on fighting! There is so much opportunity its unreal!

The Beginning

Before we get on the start of our journey together, we have to have a beginning. Like me at one time, and just like everyone else, who is just looking at investing for the first time is more than likely overwhelmed and incredibly confused. But lets get one thing straight from the get go, investing is like poker, easy to learn, hard to master, and the first step is always learning, so lets get the easy part out of the way, lets get some basic learning in!

To learn typically you have to have a mentor, a teacher, someone who can guide and direct your actions, and set you on the correct path in your life of future wealth and riches. There a number of ways you can do this. For example, when I was first starting out at the ripe age of 18 I had a mentor, or rather two mentors, these were my father, a successful business man, and my uncle a equally successful broker. They gave me the push I needed, but most importantly they pushed me in the direction for my thirst of knowledge in the financial world.

They directed me towards a number of books, written by people who were where I was at the time at one point, and where maybe you are this very day. So what I will do first, and since this is one of my main goals of this site... is I will point you in the direction of where to get the proper mindset to develop and realize just how important it is for all of us to become financially literate and successful on our own.

Now I will recommend a number of books to read, you can read anyone of these, or all of them if you wish, BUT please read one, you need some fuel to your fire, and believe me these will get you pumped to become the millionaire that we all want to be someday, these books include;

1. Rich Dad Poor Dad
2. The Wealthy Barber
3. Automatic Millionaire

These are recommended in no order of preference and are all equally important in starting that burning desire of financial freedom, that everyone wants to unleash someday. I'll tell you right now, these books are a easy read, have a good story to them, and portray some very important points.

So GET STARTED!! my friends, and as we progress down the road, I'll continue to add more advanced learned material, as well as let you in on my method I've developed that will one day lead to mine and your financial freedom. LETS DO THIS! and stay tuned.

Welcome to mine and your Journey to Wealth, Welcome to "Youth to Riches"!

Greetings guys, this is a epic event for me, something I've thought of doing for some time, and something I truly know will help me, you, and anyone other young adult that might be fortunate enough to stumble upon the blog that is "Youth to Riches".

I'll start this first post off with a taste of what I plan on doing with this site, and what the goals of it are, and mine. This site will record the events of a young adult, me on my journey to not just financial security, but financial freedom!

Along this journey I'll be assisting you as well, directing you in the path of learning the skills needed to become your own independant investor, teaching you my process that I've developed, based on a diverse combination of many successful investor's strategies and ideologies.

Because hey lets face it, whats the fun in being rich if theres no one there to enjoy it with! So sit back enjoy the ride and lets see if we can meet our goal of freedom 35, or in the very least learn a thing or two in the process!