Don't store up treasures on earth!
Moths and rust can destroy them, and thieves can break in and steal them.
Instead, store up your treasures in heaven, where moths and rust cannot destroy them, and thieves cannot break in and steal them.
Your heart will always be where your treasure is.
Matthew 6:19-21
Source: Life Changing Words
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Money 04 (Jan 14 - Dec 16)
Re: Money 04 (Jan 14 - Dec 14)
by winston » Thu Aug 21, 2014 8:47 am
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112011
- Joined: Wed May 07, 2008 9:28 am
Re: Money 04 (Jan 14 - Dec 14)
by winston » Thu Aug 21, 2014 7:49 pm
How to Become Financially Independent in Seven Years or Less By Mark Ford
You are middle-aged. Your net worth is meager. Your income is barely sufficient to meet expenses… And those expenses are going up. The Great Recession is looming. Economists are predicting things will get worse. What can you do?
Should you give up your dream of retiring comfortably one day? Should you accept a future of increasingly meager existence? Should you grow bitter and curse the powers that be for putting you in this situation?
Or should you take responsibility for your situation and make changes?
That last question was rhetorical, of course. But sometimes, I wonder if people really do understand their options. There are things that happen in life that we can't control. But we can control the way we respond to them…
I understand that when you are halfway through your life and are barely making ends meet, it seems like the only chance to become financially successful is to win the lottery (either an actual lottery or the stock market equivalent of one). So it may be frustrating to hear some rich guy from Palm Beach telling you that you can't quickly turn $25,000 into $1 million by investing in stocks.
But I believe – no, I am certain – that anyone who has modest intelligence and a positive attitude can become financially independent in seven years or less if he or she is willing to work enormously hard.
You do not have to give up on your dream of being wealthy. You always have the ability to change your financial life. It will take a bit of time and patience. And it will require that you change some of the thoughts and feelings you have about wealth and your relationship to wealth.
The first thing you must do is accept the fact that you are solely and completely responsible for your current financial situation. Before you react defensively, read that sentence again… I didn't say you are the cause of your situation. I said you are responsible for it.
By taking responsibility for your current condition, you also assume responsibility for your future. Nobody can change your fortune but you. And nobody else will. The sooner you accept that reality, the sooner you will shed the anger and blame and begin to feel financially powerful.
I'm not giving you a pep talk. I'm telling you the truth. I've done it myself, and I've coached dozens of people to do it, too. It is a simple adjustment of your thinking, but it is extremely powerful. It works instantaneously. Without it, you cannot move forward, even by a single inch.
The next thing you must do is set realistic expectations. I've had people tell me that they don't want to make 10% or 15% per year on their money. They think returns like that are "ho-hum." They want some incredible stock tip or some secret get-rich-quick technique. But when I hear people say that, I think, "This person will never become wealthy."
Realize that 10%-15% is a high rate of return. Warren Buffett – the most successful investor of all time and the third-richest person on the planet – has averaged 19% on his investments over his entire career.
And realize that the journey to millions of dollars is earned $100 at a time. You must be willing to accept this fact to move your financial life forward. Your financial life is like a train that has stalled. And right now, you want to be driving it at 100 miles an hour. But it can't go from zero to 100 miles an hour in no time flat.
Inertia is against you. Be happy with 10 miles an hour now… and then 20… and then 30. This is how wealth accumulates: gradually at first, but eventually at lightning speed.
The third thing you must do is thoroughly understand the difference between spending, saving, and investing. With every paycheck you get, cover your necessary expenses first (bills, mortgage, etc.). Then put some money toward saving. And then put some money toward investing. Then and only then – after you have "paid yourself" – should you add to your "spending" account.
The fourth thing you must do is recognize that your net investible income(the amount of cash you have after spending and saving) is the single most important factor in determining how quickly you will become wealthy.
Commit to adding to your income with a second income. Make an honest count of the number of hours each month you devote to television and other non-productive activities. Devote them to wealth-building instead. Cast aside the comfortable shoes of victimization. Put on the working boots of a financial hero.
It's not fun to realize, in the midst of your life, that you haven't acquired the wealth you want. But the good news is your past doesn't have to be a prologue… unless you allow it to. You can change your fortunes today by doing the four things I've just told you to do.
You are only 47, not 87. You have plenty of time to increase your income and grow your net worth. Why do you assume all is lost when – as any 87-year-old will tell you – you have a whole wonderful life ahead of you… a life that can be rich in 100 ways.
Source: The Palm Beach Letter
You are middle-aged. Your net worth is meager. Your income is barely sufficient to meet expenses… And those expenses are going up. The Great Recession is looming. Economists are predicting things will get worse. What can you do?
Should you give up your dream of retiring comfortably one day? Should you accept a future of increasingly meager existence? Should you grow bitter and curse the powers that be for putting you in this situation?
Or should you take responsibility for your situation and make changes?
That last question was rhetorical, of course. But sometimes, I wonder if people really do understand their options. There are things that happen in life that we can't control. But we can control the way we respond to them…
I understand that when you are halfway through your life and are barely making ends meet, it seems like the only chance to become financially successful is to win the lottery (either an actual lottery or the stock market equivalent of one). So it may be frustrating to hear some rich guy from Palm Beach telling you that you can't quickly turn $25,000 into $1 million by investing in stocks.
But I believe – no, I am certain – that anyone who has modest intelligence and a positive attitude can become financially independent in seven years or less if he or she is willing to work enormously hard.
You do not have to give up on your dream of being wealthy. You always have the ability to change your financial life. It will take a bit of time and patience. And it will require that you change some of the thoughts and feelings you have about wealth and your relationship to wealth.
The first thing you must do is accept the fact that you are solely and completely responsible for your current financial situation. Before you react defensively, read that sentence again… I didn't say you are the cause of your situation. I said you are responsible for it.
By taking responsibility for your current condition, you also assume responsibility for your future. Nobody can change your fortune but you. And nobody else will. The sooner you accept that reality, the sooner you will shed the anger and blame and begin to feel financially powerful.
I'm not giving you a pep talk. I'm telling you the truth. I've done it myself, and I've coached dozens of people to do it, too. It is a simple adjustment of your thinking, but it is extremely powerful. It works instantaneously. Without it, you cannot move forward, even by a single inch.
The next thing you must do is set realistic expectations. I've had people tell me that they don't want to make 10% or 15% per year on their money. They think returns like that are "ho-hum." They want some incredible stock tip or some secret get-rich-quick technique. But when I hear people say that, I think, "This person will never become wealthy."
Realize that 10%-15% is a high rate of return. Warren Buffett – the most successful investor of all time and the third-richest person on the planet – has averaged 19% on his investments over his entire career.
And realize that the journey to millions of dollars is earned $100 at a time. You must be willing to accept this fact to move your financial life forward. Your financial life is like a train that has stalled. And right now, you want to be driving it at 100 miles an hour. But it can't go from zero to 100 miles an hour in no time flat.
Inertia is against you. Be happy with 10 miles an hour now… and then 20… and then 30. This is how wealth accumulates: gradually at first, but eventually at lightning speed.
The third thing you must do is thoroughly understand the difference between spending, saving, and investing. With every paycheck you get, cover your necessary expenses first (bills, mortgage, etc.). Then put some money toward saving. And then put some money toward investing. Then and only then – after you have "paid yourself" – should you add to your "spending" account.
The fourth thing you must do is recognize that your net investible income(the amount of cash you have after spending and saving) is the single most important factor in determining how quickly you will become wealthy.
Commit to adding to your income with a second income. Make an honest count of the number of hours each month you devote to television and other non-productive activities. Devote them to wealth-building instead. Cast aside the comfortable shoes of victimization. Put on the working boots of a financial hero.
It's not fun to realize, in the midst of your life, that you haven't acquired the wealth you want. But the good news is your past doesn't have to be a prologue… unless you allow it to. You can change your fortunes today by doing the four things I've just told you to do.
You are only 47, not 87. You have plenty of time to increase your income and grow your net worth. Why do you assume all is lost when – as any 87-year-old will tell you – you have a whole wonderful life ahead of you… a life that can be rich in 100 ways.
Source: The Palm Beach Letter
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112011
- Joined: Wed May 07, 2008 9:28 am
Re: Money 04 (Jan 14 - Dec 14)
by winston » Fri Aug 22, 2014 8:46 pm
The Simple Concept That Made Me $6 Million Last Year By Mark Ford
On Monday morning, you get a message indicating there is a new balance in your PayPal account. You check and see that while you were at the beach over the weekend, more than $6,500 was deposited into your account.
On Tuesday, you receive a check from a client, $4,000, which is what he sends every month.
On Wednesday, you receive a statement from your brokerage account. It shows that you made an extra $475 the day before.
On Thursday, your spouse comes home with the cash she has collected from the little vending business you started together last year. She plops down $1,400 on the table.
Then on Friday, your property manager e-mails you to let you know that he collected last month's rents and he's depositing $11,500 into your account.
"Not a bad week," you think, sitting by the side of your pool.
Of the many ways to build wealth, entrepreneurial equity (i.e., direct ownership of a start-up business) offers the greatest potential. This is how the richest of the rich – from Andrew Carnegie to Bill Gates – acquired their vast fortunes.
But today, I want to talk about the second-best way to create wealth – a way that in some ways is easier and more practical.
It's also the primary way I developed my wealth…
I am talking about the strategy of developing multiple streams of income.
As I said, this isn't the way to create billions. Andrew Carnegie and Bill Gates made their vast fortunes by focusing on a single business.
If they were coaching, they might tell you that you would get richer by focusing on a single wealth-creating opportunity, as they did. And they would be right – if you were as smart and fortunate as they were.
But most readers aren't in a position to create billion-dollar businesses. They are too old, too committed, too busy, and/or too poor. At least, that's how they may feel.
And in any case, I can't tell you how to do that. I can tell you only what I know how to do. And I got rich by developing multiple streams of income.
If you are not ready to become the next Bill Gates, this essay is for you.
How I Got Rich
I never had any ambitions of becoming an entrepreneur. In fact, I never had any interest in business. The financial path I ended up on in life was more the result of temperament and accident than it was of design.
I have, as you may know, been involved with dozens of entrepreneurial businesses, but the wealth I acquired never came from selling any of these businesses. It came from the income these businesses generated and how I put that income to use.
I've been developing extra income flows for more than 25 years. I've tried dozens of things. More than half of them didn't pan out. But my method was always to start very small and test the waters quickly.
If it looked promising, I pushed the throttle. If it started badly, I pulled out quickly.
I recommend that you do the same thing. Find an opportunity that intrigues you. Give it a quick but smart try. If it works, run with it. If it doesn't, shut it down quickly and move on to income opportunity No. 2.
Using this strategy, I have developed the following fully functioning, nearly automatic cash streams today:
1. My rental real estate portfolio.
2. My international real estate portfolio.
3. My income from dividend stocks.
4. My income from bonds.
5. My income from options.
6. My income from my consulting work.
7. My income from owning more than six profitable companies.
And this doesn't count my hard assets – the real estate, the art, the gold coins, etc. – that I have stashed away. They're something that grows "automatically," too, once you begin.
Last year, my total income from these automatic cash streams exceeded $6 million. I earned that without ever having to go into the office, without ever answering to a boss, and without ever doing anything I didn't want to do.
When I began – when I made up my mind to become wealthy – my yearly income was $35,000. I doubled it the first year. And then it climbed exponentially afterward.
The Advantage of Multiple Income Streams
It is, of course, much easier to end up with a multimillion-dollar income if you start in your early 30s, as I did. But even if you are older and have fewer than 10 years to generate the income you want, you can do it. But you must get started now.
We know from surveys that many Palm Beach Letter subscribers are not yet wealthy – or as wealthy as they'd like to be. The financial crisis in 2008 and 2009 devastated many of them.
Some are starting from scratch. Others have to delay their retirement plans 10-15 years.
They all want to know what to do to ensure that they can retire comfortably without worry. The single best answer I can give them: Generate extra streams of income.
"Your problem isn't that you are getting only 0.5% on your bank account, 3.5% on your bonds, and 8% from your stocks. The problem is that you don't have enough cash!"
Stop and ask yourself if that is true for you.
What will change your financial life in a dramatic way? Getting an extra few percentage points on your current investments or bringing in thousands of extra dollars in cash every month?
I've said this many times in past essays, but it bears repeating now: You cannot reach financial independence through stock investing and options alone. You need to increase your income through different avenues and opportunities.
Compound Returns: Truly Amazing
Extra income streams grow miraculously. They get bigger and easier to generate as time passes.
After a month, you have an extra $200 in your pocket… At six months, you are pulling in $600. And by the end of the year, it is $1,200 per month, or $14,200 annually.
But you aren't working harder at the end of the year. You are working less. In fact, you may be working so little that you have time (and now some extra cash) to start income flow No. 2.
This second effort generates twice as much cash as the first one. At the end of year two, your annual cash flow is now more than $50,000. That's $28,400 from cash flow No. 2 and considerably more than $14,200 from cash flow No. 1 (because that is growing, too).
The No. 2 cash stream flows at twice the rate of flow No. 1 because you (a) know more, (b) have the right contacts, and (c) have other cash flow.
This is the miracle of compound returns. You've heard of compound interest. The income from a passive investment compounds over time as you reinvest the dividends or interest. The longer you allow the cash to compound, the faster your money grows.
This same principle applies to all aspects of extra-income businesses. With each new extra-income stream you create, you can leverage the cash flow and expertise from previous flows to make the next one that much more powerful.
You Won't Hear This Anywhere Else
You cannot possibly achieve the wealth you need in fewer than 10 years by just investing in stocks. You won't hear that from anyone else.
I've never heard anyone in the financial community say it. All they talk about is stock returns, 401(k)s, or some new trading program. Another camp tells you that you need to save more by paying less money for coffee or cutting out your trips to restaurants.
This is – if you'll excuse the correct phrase – BS. The way to solve the problem you have is by generating extra cash.
Others won't tell you this because (a) there's no benefit to them in saying it and (b) most of them have no idea how to do that.
But I do, and that's why I created the Extra Income Project.
The Extra Income Project
The Extra Income Project is a program we designed to help you create a second or even third stream of income. It consists of more than a dozen proven ways to generate extra income – ways that don't require you to quit your day job.
You can start them all on a part-time and freelance basis. As you master these skills, you can earn more and more income.
Some of these programs – like copywriting – can generate $50-$500 per hour. I've personally mentored and observed dozens of people who earn this kind of money in copywriting.
That's a lot of extra money – all of which you can plow into the investment portfolios and other programs that we provide in The Palm Beach Letter.
People in their 60s can accomplish these income-producing opportunities, too. And all of them can be very fulfilling in terms of meaningful, challenging, part-time work.
The Train Is Leaving
This may be the most important thing to understand about generating extra income: Getting started is the only difficult part. The rest is a relative piece of cake.
Inertia is always the biggest challenge. You know that you need to take some action, but you are not sure what exactly to do. And even if you do know what to do, there are so many distractions… so many current responsibilities… keeping you from the first step.
You will see – I promise you – that the first step is by far the hardest. After that, it's like walking, one step after another. Before you know it, the cash will flow almost automatically. And it will increase with the passing of every month.
Source: The Palm Beach Letter
On Monday morning, you get a message indicating there is a new balance in your PayPal account. You check and see that while you were at the beach over the weekend, more than $6,500 was deposited into your account.
On Tuesday, you receive a check from a client, $4,000, which is what he sends every month.
On Wednesday, you receive a statement from your brokerage account. It shows that you made an extra $475 the day before.
On Thursday, your spouse comes home with the cash she has collected from the little vending business you started together last year. She plops down $1,400 on the table.
Then on Friday, your property manager e-mails you to let you know that he collected last month's rents and he's depositing $11,500 into your account.
"Not a bad week," you think, sitting by the side of your pool.
Of the many ways to build wealth, entrepreneurial equity (i.e., direct ownership of a start-up business) offers the greatest potential. This is how the richest of the rich – from Andrew Carnegie to Bill Gates – acquired their vast fortunes.
But today, I want to talk about the second-best way to create wealth – a way that in some ways is easier and more practical.
It's also the primary way I developed my wealth…
I am talking about the strategy of developing multiple streams of income.
As I said, this isn't the way to create billions. Andrew Carnegie and Bill Gates made their vast fortunes by focusing on a single business.
If they were coaching, they might tell you that you would get richer by focusing on a single wealth-creating opportunity, as they did. And they would be right – if you were as smart and fortunate as they were.
But most readers aren't in a position to create billion-dollar businesses. They are too old, too committed, too busy, and/or too poor. At least, that's how they may feel.
And in any case, I can't tell you how to do that. I can tell you only what I know how to do. And I got rich by developing multiple streams of income.
If you are not ready to become the next Bill Gates, this essay is for you.
How I Got Rich
I never had any ambitions of becoming an entrepreneur. In fact, I never had any interest in business. The financial path I ended up on in life was more the result of temperament and accident than it was of design.
I have, as you may know, been involved with dozens of entrepreneurial businesses, but the wealth I acquired never came from selling any of these businesses. It came from the income these businesses generated and how I put that income to use.
I've been developing extra income flows for more than 25 years. I've tried dozens of things. More than half of them didn't pan out. But my method was always to start very small and test the waters quickly.
If it looked promising, I pushed the throttle. If it started badly, I pulled out quickly.
I recommend that you do the same thing. Find an opportunity that intrigues you. Give it a quick but smart try. If it works, run with it. If it doesn't, shut it down quickly and move on to income opportunity No. 2.
Using this strategy, I have developed the following fully functioning, nearly automatic cash streams today:
1. My rental real estate portfolio.
2. My international real estate portfolio.
3. My income from dividend stocks.
4. My income from bonds.
5. My income from options.
6. My income from my consulting work.
7. My income from owning more than six profitable companies.
And this doesn't count my hard assets – the real estate, the art, the gold coins, etc. – that I have stashed away. They're something that grows "automatically," too, once you begin.
Last year, my total income from these automatic cash streams exceeded $6 million. I earned that without ever having to go into the office, without ever answering to a boss, and without ever doing anything I didn't want to do.
When I began – when I made up my mind to become wealthy – my yearly income was $35,000. I doubled it the first year. And then it climbed exponentially afterward.
The Advantage of Multiple Income Streams
It is, of course, much easier to end up with a multimillion-dollar income if you start in your early 30s, as I did. But even if you are older and have fewer than 10 years to generate the income you want, you can do it. But you must get started now.
We know from surveys that many Palm Beach Letter subscribers are not yet wealthy – or as wealthy as they'd like to be. The financial crisis in 2008 and 2009 devastated many of them.
Some are starting from scratch. Others have to delay their retirement plans 10-15 years.
They all want to know what to do to ensure that they can retire comfortably without worry. The single best answer I can give them: Generate extra streams of income.
"Your problem isn't that you are getting only 0.5% on your bank account, 3.5% on your bonds, and 8% from your stocks. The problem is that you don't have enough cash!"
Stop and ask yourself if that is true for you.
What will change your financial life in a dramatic way? Getting an extra few percentage points on your current investments or bringing in thousands of extra dollars in cash every month?
I've said this many times in past essays, but it bears repeating now: You cannot reach financial independence through stock investing and options alone. You need to increase your income through different avenues and opportunities.
Compound Returns: Truly Amazing
Extra income streams grow miraculously. They get bigger and easier to generate as time passes.
After a month, you have an extra $200 in your pocket… At six months, you are pulling in $600. And by the end of the year, it is $1,200 per month, or $14,200 annually.
But you aren't working harder at the end of the year. You are working less. In fact, you may be working so little that you have time (and now some extra cash) to start income flow No. 2.
This second effort generates twice as much cash as the first one. At the end of year two, your annual cash flow is now more than $50,000. That's $28,400 from cash flow No. 2 and considerably more than $14,200 from cash flow No. 1 (because that is growing, too).
The No. 2 cash stream flows at twice the rate of flow No. 1 because you (a) know more, (b) have the right contacts, and (c) have other cash flow.
This is the miracle of compound returns. You've heard of compound interest. The income from a passive investment compounds over time as you reinvest the dividends or interest. The longer you allow the cash to compound, the faster your money grows.
This same principle applies to all aspects of extra-income businesses. With each new extra-income stream you create, you can leverage the cash flow and expertise from previous flows to make the next one that much more powerful.
You Won't Hear This Anywhere Else
You cannot possibly achieve the wealth you need in fewer than 10 years by just investing in stocks. You won't hear that from anyone else.
I've never heard anyone in the financial community say it. All they talk about is stock returns, 401(k)s, or some new trading program. Another camp tells you that you need to save more by paying less money for coffee or cutting out your trips to restaurants.
This is – if you'll excuse the correct phrase – BS. The way to solve the problem you have is by generating extra cash.
Others won't tell you this because (a) there's no benefit to them in saying it and (b) most of them have no idea how to do that.
But I do, and that's why I created the Extra Income Project.
The Extra Income Project
The Extra Income Project is a program we designed to help you create a second or even third stream of income. It consists of more than a dozen proven ways to generate extra income – ways that don't require you to quit your day job.
You can start them all on a part-time and freelance basis. As you master these skills, you can earn more and more income.
Some of these programs – like copywriting – can generate $50-$500 per hour. I've personally mentored and observed dozens of people who earn this kind of money in copywriting.
That's a lot of extra money – all of which you can plow into the investment portfolios and other programs that we provide in The Palm Beach Letter.
People in their 60s can accomplish these income-producing opportunities, too. And all of them can be very fulfilling in terms of meaningful, challenging, part-time work.
The Train Is Leaving
This may be the most important thing to understand about generating extra income: Getting started is the only difficult part. The rest is a relative piece of cake.
Inertia is always the biggest challenge. You know that you need to take some action, but you are not sure what exactly to do. And even if you do know what to do, there are so many distractions… so many current responsibilities… keeping you from the first step.
You will see – I promise you – that the first step is by far the hardest. After that, it's like walking, one step after another. Before you know it, the cash will flow almost automatically. And it will increase with the passing of every month.
Source: The Palm Beach Letter
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112011
- Joined: Wed May 07, 2008 9:28 am
Re: Money 04 (Jan 14 - Dec 14)
by winston » Wed Aug 27, 2014 7:56 am
What should we do to ensure the right usage of wealth, youth and knowledge?
The pride of wealth, manpower and youth seems to be predominant presently.
Money is inert, it is lifeless. How can it be strong? Its strength or weakness is the reflection of the mindset of the individual.
Wealth and education are like pure water. When water is poured in a bottle of a particular colour, the water appears to be of that colour. In the same way, when wealth is in the hands of a wicked person, it will be used only for evil deeds.
Money, if it is in the hands of pure hearted people, will be used for noble deeds. Hence the usage of wealth or knowledge is dependent on the character of the person in whose hands it is.
Money is not bad. The intent with which you use money should be for good. Use spirituality to streamline the focus of your mind towards good.
- My Dear Students, Vol 3, Ch 7, Jul 9 1989.
True sacrifice consists in sharing with others one’s wealth, strength and qualities, which are derived from society.
Source: radiosai.org
The pride of wealth, manpower and youth seems to be predominant presently.
Money is inert, it is lifeless. How can it be strong? Its strength or weakness is the reflection of the mindset of the individual.
Wealth and education are like pure water. When water is poured in a bottle of a particular colour, the water appears to be of that colour. In the same way, when wealth is in the hands of a wicked person, it will be used only for evil deeds.
Money, if it is in the hands of pure hearted people, will be used for noble deeds. Hence the usage of wealth or knowledge is dependent on the character of the person in whose hands it is.
Money is not bad. The intent with which you use money should be for good. Use spirituality to streamline the focus of your mind towards good.
- My Dear Students, Vol 3, Ch 7, Jul 9 1989.
True sacrifice consists in sharing with others one’s wealth, strength and qualities, which are derived from society.
Source: radiosai.org
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112011
- Joined: Wed May 07, 2008 9:28 am
Re: Money 04 (Jan 14 - Dec 14)
by winston » Fri Sep 05, 2014 6:57 pm
"Wealth consists not in having great possessions, but in having few wants.”
- Epictetus
- Epictetus
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112011
- Joined: Wed May 07, 2008 9:28 am
Re: Money 04 (Jan 14 - Dec 14)
by winston » Thu Sep 25, 2014 6:20 am
Believe it or not, this could be the most important secret to getting rich
by Bill Bonner
http://thecrux.com/bill-bonner-this-cou ... 37gMXBU%3D
by Bill Bonner
http://thecrux.com/bill-bonner-this-cou ... 37gMXBU%3D
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112011
- Joined: Wed May 07, 2008 9:28 am
Re: Money 04 (Jan 14 - Dec 14)
by winston » Fri Sep 26, 2014 6:15 am
Four things millionaires have in common
by Eric Barker
Source: Barking Up The Wrong Tree
http://thecrux.com/four-surprising-thin ... 37gMXBU%3D
by Eric Barker
1. Take control of your life as best you can.
2. Plan and be strategic, whatever your career might be.
3. Work hard.
4. Watch your money.
Source: Barking Up The Wrong Tree
http://thecrux.com/four-surprising-thin ... 37gMXBU%3D
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112011
- Joined: Wed May 07, 2008 9:28 am
Re: Money 04 (Jan 14 - Dec 14)
by winston » Sat Sep 27, 2014 8:55 am
Top 25 Motivational Quotes from Self-Made Billionaires
By Dan Dzombak
Source: The Motley Fool
http://www.mindpowernews.com/BillionaireQuotes.htm
By Dan Dzombak
Source: The Motley Fool
http://www.mindpowernews.com/BillionaireQuotes.htm
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112011
- Joined: Wed May 07, 2008 9:28 am
Re: Money 04 (Jan 14 - Dec 14)
by winston » Sat Sep 27, 2014 8:55 am
Top 25 Motivational Quotes from Self-Made Billionaires
By Dan Dzombak
Source: The Motley Fool
http://www.mindpowernews.com/BillionaireQuotes.htm
By Dan Dzombak
Source: The Motley Fool
http://www.mindpowernews.com/BillionaireQuotes.htm
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 112011
- Joined: Wed May 07, 2008 9:28 am
Re: Money 04 (Jan 14 - Dec 14)
by winston » Sat Sep 27, 2014 11:17 am
These 4 Money Myths Make Us All Worse Off
By HOLLY MARTINS
Source: MYBANKTRACKER
http://www.thetradingreport.com/2014/09 ... worse-off/
By HOLLY MARTINS
Source: MYBANKTRACKER
http://www.thetradingreport.com/2014/09 ... worse-off/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112011
- Joined: Wed May 07, 2008 9:28 am
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