The Wealth Dragon Way

Take control of your financial future with expert guidance from wealth educators and property millionaires John Lee and Vincent Wong The Wealth Dragon Way is an essential guide to creating passive income, building property-based wealth, and achieving financial freedom. This inspiring and informative resource can help you define your financial goals and identify the steps you need to take to achieve them. Exploring common myths and misinformation surrounding wealth—such as “money is the root of all evil”—this book shows how overcoming fear and self-doubt can change the way you think about wealth and your potential for personal growth. Real-world examples illustrate how entrepreneurs can use alternative strategies to acquire properties below market value. Fully updated to reflect the current economic environment, this second edition includes the Top Ten Habits of Successful Wealth Dragons as well as new chapters on the foundations of true wealth and how to adopt abundance mentality. From expanded sections on multiple income streams to a more in-depth look at the psychology behind our approach to money, such as posing the question, “Is money your friend?,” this latest edition offers a roadmap to achieving infinite wealth. Knowing why you want to be wealthy increases your chances of becoming wealthy. This essential guide explores what lies beneath our relationship with money and offers practical methods to attain the freedom that monetary wealth affords and stresses the importance of having high moral wealth. Gain practical guidance delivered with an inspiring motivational message Learn how to define your goals and maximize your likelihood of success Explore the psychological patterns that prevent us from achieving our financial goals Overcome the obstacles standing in the way of your financial freedom It has never been more important to take control of your financial future. Uncertain economic futures, increasing healthcare costs, and unreliable retirement benefits are just a few reasons to start focusing on your financial future today. No matter what your ultimate goal is—whether you want to quit the daily grind, acquire assets for increased security, or build passive income streams to achieve true financial freedom—The Wealth Dragon Way shows you the best way to get there.

Preface ix Preface to the First Edition xi Acknowledgments xiii About the Authors xv Introduction: The Story of The Wealth Dragons 1 PART I The Why Chapter 1 What Is Wealth? 29 Chapter 2 The Moral Obligation to be Wealthy 33 Chapter 3 Why a Wealth Dragon? 37 Chapter 4 Undesirable Truths 43 Chapter 5 Welcome to the Parallel Universe 49 PART II The When Chapter 6 Get Rich Quick or Get Rich Forever? 69 Chapter 7 Who Is Stopping You? 73 Chapter 8 What Is Stopping You? 79 Chapter 9 The Trap of the Rat Race 85 Chapter 10 It’s About Work, Stupid! 93 PART III The How Chapter 11 The More Money Mindset 101 Chapter 12 Your Relationship With Money 115 Chapter 13 The Wealth Model 123 Chapter 14 A Foolproof Guide to Property Investing? 133 Chapter 15 Property Investment in Practice 159 Chapter 16 Being a Wealth Dragon 175 Conclusion: The Now 185 Final Word 193 Index 195