I saw this article on a web board
http://www.theatlantic.com/doc/200807/consumption
A big part of my platform with Dancerwealth and Strip and Grow Rich is to teach financial education to those who otherwise may never be exposed to it. One of the great things about this country is that ANYONE can create wealth regardless of their age, sex, race, or sexual orientation by acquiring assets. There is no corporate glass ceiling in investing and big business building.
The first hurdle is identifying an asset. An asset is something that puts money into your bank account every month. The house you live in is not an asset because you have to pay a mortgage on it every month. A house that you own and rent out for more than your mortgage payment is an asset. My C-Corporation brokerage account that I trade iron condors inside is an asset. Every 6 weeks I get a 10-16% return on the money inside of it. Since it is a C-Corp I don’t pay capital gains tax, I pay a flat corporate tax (Yes DJ John, I am a Republifuck and will use the tax code to my advantage) My travel company is an asset. Every Friday I get money deposited into my bank account.
Stuff is not an asset. Jewelry, purses, clothing, shoes, most cars, hair extensions, makeup, furniture are not assets because we have to take money OUT of our bank accounts to acquire them and if you try to sell them at a later date the initial cost will not be recovered.
So, if you are a dancer with lots of stuff, but few assets. Stop buying stuff, and start acquiring assets.
It REALLY is that easy.
Tags: finance, money, strip club, stripper, stripping, superstripper