Keeping Your Dreams Alive Book
By sharing
his struggles and dreams through
writing a book, Keeping Your Dreams Alive, Bo
Chew hopes to make a
difference. With humility and reflection, he encourages you to learn about
yourself and how you can create wealth and help others.
Hopefully
the book ’s real-life examples will help
people learn about the entrepreneurial spirit, the wealth
challenges, managing financial risk, and gaining high investment returns.
More importantly, these ideas are likely to foster a life of personal
growth, enduring prosperity, and philanthropy in everyone.
In studying the successes of
others, such as Warren Buffett, the author has learned what accelerates
the creation of wealth. This involves maximizing the amount
invested, its growth rate, the investment duration, and tax sheltering.
Although sacrificing today for tomorrow is
very difficult, the benefits of doing so can be huge. Even an extra $100 per month
invested for 30 years at 20%makes a difference of $1,418,258.
Imagine how this extra money can enrich your life. If you have the
will, you can find a way to save more and get higher returns.
Wealth Challenge A
Increase Savings and Seek Higher Returns
$100/month invested at different returns:

Becoming wealthy comes
from growing your net worth. As all decisions have financial
implications, always consider how your net worth will be impacted.
Try taking actions that increase your earnings, productive
assets, and investment returns. Alternatively, decrease your overall
borrowing costs, consumption, and depreciation on personal assets.
After growing your net worth becomes
habit, challenge yourself to increase it at faster rate. You can do
it. It doesn't matter what your starting point is. If your net worth
is at the Canadian average of $100,000, it blossoms to $6,621,177 in 30 years at 15%growth.
With a net worth of $10,000,just divide the numbers in the following table by 10.
Likewise, at $500,000, just multiply by 5. Envision the good you can do with a much
greater net worth.
Wealth Challenge B
Grow Net Worth at a Higher Rate
$100,000 net worth grown at different rates:

When
finished writing this book, the daunting task of self-publishing and distributing it
remains. As the December 1, 2001, launch date nears, there is
anxious anticipation that the
book will help people keep their dreams alive and create a more prosperous
world. In time hopefully the book can give you strength to create abundance and make a difference.
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We need help and appreciate any support. With humility the foundation
endeavours to keep your dreams alive and help all to prosper globally.
Your charitable donations
are fully tax-deductible. Net proceeds of fund-raising and book sales go to the Legacies of Wealth Foundation, a federally registered charity, #86531 6434 RR0001.
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