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Liquid Millionaire - isaco

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15<br />

<strong>Liquid</strong> <strong>Millionaire</strong><br />

the timing system, the downside was the fact that when you got out you<br />

had tax to pay on your gain.<br />

Th at hurt your compounded returns. And so when I realised you could<br />

do this getting in and getting out without paying tax, I was thrilled.<br />

Th is is when my idea of Trend Investing using ISAs was born. I realised<br />

that by using an ISA you could make gains when the market was in an<br />

uptrend and then bank those profi ts–without paying any tax–when the<br />

market trend changed. And that is when it suddenly dawned on me what<br />

a huge impact that would have in helping boost your annual compounded<br />

returns. To top it all, instead of investing in single stocks, it would work<br />

much better if you invested in investment funds which I believe are not<br />

as risky as stocks but just as powerful.<br />

So there you have it.<br />

Th e key for me was to fi nd a proven system (CAN SLIM), master it,<br />

start small and then when the time was right, to bet the ranch and use<br />

as much leverage that I could get my hands on. Th e lesson here is, if you<br />

know what you are doing, leverage can make you seriously wealthy.<br />

As Archimedes famously said, “Give me a lever long enough and a fulcrum<br />

on which to place it, and I shall move the world.”<br />

Now it’s time to move on. If you are like my clients, your aim is to<br />

generate a certain level of wealth that in turn will help you to live your<br />

dream lifestyle.<br />

Is that what you are trying to do?<br />

If so, you might be interested in knowing what kind of lifestyle this book<br />

can help you to create. If you would, you are probably going to get pretty<br />

excited with the next chapter. Let’s go and see…

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