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Www.golduest,com
Nov 24, 2003 12:57 PM 45767 Views
(Updated Nov 24, 2003 12:57 PM)

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Introduction Isn’t it surprising that despite lowering inflation and reducing interest rates, a middle class family still finding it increasingly difficult to make both ends meet in spite of much higher salaries than what they got say 20-30 years back. The Blissful Past The pattern of expenses have changed by the availability of goods and services which were un-thought of in those days. I remember the day, not so long ago, when I bought my first my first record player with two LP and two EP records. I remember the day when I bought my first TV, a black and white set with valve type diodes, which took time to get heated up and show the picture. They were brought home with a lot of fanfare. The entire neighbourhood was there to see it, as we were the first off the block to buy it. The entire household together with a few neighbours got together in the evenings to watch the TV spring into action after finishing the chores for the day. The servants would all gather and sit on the sides to gaze in amazement as the pictures moved on the TV screen. Today’s Struggle Today, these ‘prized possessions’ are gathering dust in some corner of the house. The rapid strides in technology in the 1980’s and ‘90’s have made things redundant faster than we could buy them. There was improvement in quality and lowering of costs leading to rapid pace of obsolescence. It made it imperative to change our possessions every now and then. Neighbours stopped noticing the new purchases. The evening gatherings stopped. No one had time to stand and talk as they rushed off to work or were rushing back from work. Income – Linear or Residual? In the ‘50’s and 60’s the entire household could survive on one man’s salary. In the ‘80’s and ‘90’s it became imperative for both the husband and wife to earn to be able to lead a comfortable life. Today, with both husband and wife working, it still becomes difficult at times. How do we ensure that we are able to cope with the changing times? Migrate from a linear income to residual income. In a linear income you get paid at the end of the month for the work done throughout the month. If a doctor decided to close his clinic for 15 days and go on a holiday, on return he will find that he has no patients and no income. If a salaried employee decides not to go to office for a month, he will soon be found without a job.


How to Generate Residual Income? How do we generate a residual income? Some smart guys realised their talents early in life and utilised it to generate residual income and then sat back and relaxed. A singer with a good voice puts in one time effort to record a song and there after if it is a hit, the royalty keeps coming in for years. A writer puts in three, four, six months of hard work and on publication of his book he enjoys the fruits of his efforts for many days to come in the form of royalties. An artist puts in effort to produce a work of art, which is sold not for the cost price, but for the artistic value, generating far more income than the actual cost of inputs. Those who have wisely invested and constructed immovable property after a one time effort, sit back and enjoy the fruits by letting it out on hire. What if you have no property, what if you have no talent? Are you destined to struggle all your life to make both ends meet? Will your entire life be 12 hours of work, 8 hours of sleep, 2 hours TV 1 hour personal time and 1 hour for hobbies, family etc? When you finally decide to retire, will the income keep coming in? How many of us have pension able services? Put your entire life savings in a bank? What are the returns? 2-4%? Will that generate sufficient income for you to relax? Buy a lottery ticket and hope to hit the jackpot? Think of it. If someone told you that there is a place where you can invest two small things, a small sum and a little time, and generate a recurring source of income, which is ever increasing while you have greater time to relax, would you believe it? I never believed it too, till I actually did it. Today I am well on my way to achieving total freedom. Freedom from want, freedom from the race against time freedom from leading a life of struggle. I am so happy that I want to share it with the world. Gold Quest International Limited I came across GoldQuest International Limited (GQI) through a friend of mine and it opened up the world for me. GQI is a multi-national company recognized and accepted internationally as a reputable retailer of first class gold products and specializing in numismatic (collector) limited edition coins and gold coin jewelry. One reason for Gold Quest's popularity is that the company is part of the 130-year-old Mayer Mint in Germany which is the oldest private mint in the world. How does GQI help us generate a residual income? Simple - by a binary referral system. You invest an initial sum and buy a numismatic product and refer the product to two people and they in turn refer it to two people in their circle of influence and so on till you have a team to work with you. You start with no team and a big effort. For every five members on each side of your binary team, you get fixed returns by cheque. As the team gets bigger the effort gets smaller and the returns increase geometrically. Why GoldQuest? There are a host of interactive marketing companies to chose from today, but what sets GQI apart? I can site at least a dozen reasonsFirst and foremost its products are of numismatic value. Secondits products are certified pure 24 carat gold products being minted in the renowned Mayer Mint. Thirdthere is not stocking to be done, as all transactions are done directly with the company.


Fourth, there are no sales to be effected, no items to be consumed and repurchased. Fifthyou get a Tracking Centre on the company portal and a s a Tracking Centre Owner (TCO) you can check your progress at any time from anywhere by logging onto the internet. Sixth, there is no repeated investment, just a one time investment. Seventh, they have a presence in over 128 countries. Eighth, they have got RBI approval to set up a Gold Mint in collaboration with Mayer at Bangalore and hav e tied up with Titan for manufacture of gold coin watches and are planning to introduce magnetic movement coin watches. Ninth, GoldQuest was one of the first companies to migrate to Microsoft® Windows Server™ 2003 and deployed Internet Information Services 6.0, to increase the stability, scalability and reliability of its eStore Web site and other Microsoft .NET e-commerce applications. Tenththe company has a tie up with ABN Amro and ICICI Bank for issue or all cheques after deduction of tax at source. Eleventh it is endorsed by World Organizations like The United Nations – Food & Agriculture Organization, The Vatican – Pope John Pal II, The International Badminton Federation, Mahatma Gandhi Foundation, Lady Diana Foundation… …Twelfth PURE GOLD is recession proof. The list can go on and on…but then I am sure the readers too would like to do their study and make up their mind. Other details of the company could be checked at the company web site https://goldquest.com.


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