An interesting question came to the mind – What is the combined Net Wealth of the World? Is new Wealth created or does wealth only gets transferred from one nation to another?
Following logical thoughts come to mind to answer the above question.
Wealth in the World is constant. Only Wealth gets transferred from one nation to another. There is no new Wealth creation that happens. So you can not create wealth but you can attract wealth.
Wealth was there when the World originated. Earlier wealth was in the form of natural resources. As population increased people got hold of resources in the form of land, minerals, oil, crops etc. Barter system was formed earlier when the goods used to be exchanged. Today barter system has taken the form of currency but ultimately only exchange takes place. No new wealth gets created. One nation has OIL which it exports, another nation exports something else….and so on. You only attract wealth by creating products and services that are unique and provide utility to people. Hence demand gets created and people are ready to transfer their wealth to you in exchange of those products or services.
So you attract wealth either by producing something of value or by investing in companies that do the same or by trading financial instruments in an organized manner.
Which way are you attracting wealth?
MULTIPLY CAPITAL 