Gospel Of Wealth
Gospel Of Wealth – What does it really mean?
Wealth is a relative term. And when it comes to the term, the gospel of wealth, you can guess how many perspectives there are.
In 1889, Andrew Carnegie wrote an article titled The Gospel Of Wealth. In his article he describes the responsibility of charity by the new upper class at the time, who had made themselves rich. Carnegie proposed that the best way to deal with what was perceived to be a wealth “inequality” by employing what many consider to be the redistribution of wealth.
However, a LOT has changed since 1889. In our current times, most (not all) households find themselves generating plenty of wealth. Our current economy is such that, according to the US Trustee’s Office, the average family of four generates over $75,000 a year in income. The problem for most is not in the generation of income, but in it’s accumulation (or lack thereof) of wealth.
Is the Gospel of Wealth a LIE?
Let’s take a peek at the word “gospel” for a second. Aside from the obvious definition having do to with the first four books of the New Testament, the term gospel, according to Webster.com means, something accepted or promoted as infallible truth or as a guiding principle or doctrine.
When it comes to the gospel of wealth, you need to look at the subtle but significant implication in the definition above. Gospel is defined as “something accepted or promoted as infallible truth…” The key word in this definition is that simple, two-letter word “as.”
Today, there are many financial strategies accepted or promoted “as” truth when it comes to the gospel of wealth. For instance, if you’re hoping to build real wealth during your working years, you’re bombarded with strategies that employ the use of what are commonly referred to as “qualified plans”: things like 401(k)s, 403(b)s, IRAs and the like. You’re told that, if you’re to have any hope for a healthy retirement, you have to invest into one of these plans, or you’ll NEVER achieve the kind of retirement you hope for.
THAT is the common understanding of the “gospel of wealth” today…
If you have a pulse, and have been paying attention to any of the talking heads over the past few years, you already know that the stock market (commonly referred to at www.LiveLikeABanker.com as the “SHOCK” market), has been nothing but a roller-coaster ride. People who were planning on retiring in 2008, and who spent decades investing in one of the many “qualified plans” financial gurus promote, found themselves living a tragedy. Almost over night, their retirement wealth was slashed to about half (give or take depending on where that wealth was invested), and their hopes for a healthy, happy, retirement went up in smoke.
Instead of kicking back or hitting the golf course, they had to continue hitting the pavement to work every day. Instead of visiting the grandkids, they were visiting customers. Why? Because the “gospel of wealth” they’d been following didn’t turn out to be the truth they believed it to be. Instead, that gospel of wealth turned out to be a lie.
The NEW Gospel Of Wealth
Do you want to know who really has the gospel of wealth down? Here’s a hint… (look at the name of this website :-). That’s right…bankers really have the gospel of wealth down. However, their gospel of wealth is different than the gospel of wealth you’ve been led to believe is “infallible.”
If you’d like to discover the banker’s definition of the gospel of wealth, then simply fill out the form on this page. When you do, you’ll receive the FREE video series called “The Banker’s Secret to Permanent Family Wealth.” This 3-video series will introduce you to how bankers view wealth and – most importantly – how they accumulate it.
Have you ever stopped to ponder how much wealth you’ve already generated? Consider just the past 5 years. Remember that family of four that’s generating over $75,000 a year in income? Over the past 5 years, they’ve likely brought home well over $300,000! Maybe you’ve brought home more, maybe less. The point is right now YOU ARE GENERATING WEALTH! The problem is you’re simply not accumulating any. Someone else is accumulating the wealth you’re generating, and it’s probably one or more bankers.
But that can all change now!
Just fill out the form on this page and discover for yourself what the banker’s gospel of wealth is. When you do, you’ll discover that the real gospel of wealth is actually simple; and it’s something you can begin to put into practice almost immediately.