Skip to main content

The rich invent money

Often in the real world, it's not the smart who get ahead, but the bold.

We all have tremendous potential, and we all are blessed with gifts. Yet the one thing that holds all of us back is some degree of self-doubt.

It is not much of lack of technical information that holds us back, but more the lack of self-confidence. Some are more affected than others.

Games reflect behavior. They are instant feedback systems. Rich people are often creative and take calculated risk. People who take the longest are people who are not familiar with numbers and often do not understand the power of investing.

There are a lot of people who have a lot of money and do not get ahead financially.

Limiting your option is the same as hanging on to old ideas.

It is not so much what happens, but how many different financial solutions you can think of to turn a lemon into millions. It is how creative you are in solving financial problems.

You take whatever happens and make it better. Few people realize that luck is created, just as money is. And if you want to be luckier and create money instead of working hard, then your financial intelligence is important. If you are the kind of person who is waiting for the right thing to happen you might wait for a long time. It's like waiting for all the traffic lights to be green for five miles before you'll start your trip.

The rich make money. The more real you think money is, the harder you will work for it. If you can grasp the idea that money is not real, you will grow richer faster.

The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth seeming instantaneously. An untrained mind can also create extreme poverty that can crush a family for generations

The problem with "secure" investments it that they are often sanitized, that it, made so safe that the gains are less.

The greater your financial intelligence, the easier it its to tell whether a deal is good. It's your intelligence that can spot a bad deal, or make a bad deal a good. The more we learn - and there is a lot to learn, the more money we make simply because we gain experience and wisdom as the years go on.

It's not gambling if you know what you're doing. It's gambling if you're just throwing money into a deal and praying.

Great opportunities are not seen with your eyes. They are seen with your mind. Most people never get wealthy simply because they are not trained financially to recognize opportunities right in fron of them.

Sometimes you win and sometimes you learn. But have fun. Most people never win because they're more afraid of losing. That's why I found school silly. In school we learn that mistakes are bad, and we are punished for making them. Yet if you look at the way humans are designed to learn, we learn by making mistakes.

Winners are not afraid of losing. But losers are. Failure is part of the process of success. People who avoid failure also avoid success.

There is always risk, so learn to manage risk instead of avoiding it.

Comments

Popular posts from this blog

Maximizing Your Profits with Scoring

SETTING YOUR MAXIMUM INTRADAY TRADING LOSS First things first: set a max intraday trading loss. There will be days when you just do not have it. Why do you think coaches pull their players when they are not playing well? They are more harmful on the field than off. When you are underperforming, you are hurting your team and your trading business. You need a system to yank yourself over to the bench. A stop loss is your answer. TRADING BASED UPON THE TIME OF DAY A good trader makes note of what time of day it is, when he trades most profitably, and adjusts his trading to fit such times. Your numbers at the end of the month will not reflect your true trading potential. Make the most trades with the most size during the trading periods that statistically are most profitable for you. Money saved during your weaker trading periods is money earned. Consistency The fact is that most trades you make will start working for you right away. But the new traders also hold stocks that are trading ag...

TIME

Time is the law of hypnotic  rhythm. The lapse of time required to give permanency to thought habits depends upon the object and the nature of thoughts. Time divides all thought habits into two classes, negative thoughts and positive thoughts. One's individual thoughts are of course constantly changing and being recombined to suit the individual's desires, but thoughts do not change from negative to positive or vice versa except throught voluntary effort on the part of the individual. Time penalizes the individual for all negative thoughts and rewards him for all positive thoughts, according to the nature and purpose of the thoughts. If one's dominating thoughts are negative, time penalizes the individual by building in his mind the habit of negative thinking and then proceeds to solidify this habit into "permanency," of course, refers to the natural life of the individual. In the strict sense of the term, nothing is permanent. Time converts thought habits into wh...

Hypnotic Rhythm

 Any impulse of thought that the mind repeats over and over through the habits form an organized rhythm. Undesirable habits can be broken. They must be broken before they assume the proportions of rhythm. Rhythm is the last stage of habit! Any though or physical movement which is repeated over and over the principle of habit finally reaches the proportion of rhythm. Then the habit cannot be broken because nature takes it over and makes it permanent. It is something like a whirlpool in water. An object may keep floating indefinitely unless it is caught in a whirlpool. Then it is carried round and round but it cannot escape the energy with which people think may be compared with water in a river. Says the devil: "Those who control and use their own minds escape my web." Says the devil: "The time they [people] spend in fearing something would, if reversed, give them all they want in the material world and save them from me after death." If your mind fears poverty, your...