Thursday, February 26, 2015

Millionaire Pledge


Millionaire Pledge


Last year I set about on a challenge to become a millionaire in 10 years time and the following is a template or strategy of how roughly I am going to achieve this.
 
Phase 1
Geographic spread of Investments
-          80-100% of investments in Zimbabwe
-          0-20% of investments in cash UK (emergency fund)

Type of Business
-           Micro Lending
-          Order Financing

Dollar range

-          0-£10,000

Phase 2
Geographic spread

-          70-100% of investments in Zimbabwe
-          0-20% in UK
-          0-10% in USA

Asset Type

-          Order financing
-          ZSE (Individual stocks)
-          UK Funds

Dollar Range

-          10-£100,000

Phase 3
Geographic Spread

-          Maximum investments (ZIM) not more than 50%
-          25% in UK
-          25% in USA (Global funds)

 Asset Type

-          Equities
-          Properties
-          Funds
-          Order Financing

Dollar Range

-          100,000- £1,000,000
-          From 500,000 max zim investment must have gone down to 50% or below

 Million Dollar Club

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