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

 Do not cut profits short and cut losing positions fast. Once people can turn their mindset from a problem focus to a solution focus, they can identify the adaptive things that they are already doing and do more of them. You will not become a better trader by emulating a market guru. You will become a better trader by identifying the occasions when you are already trading well and then modeling your future performance on those. If you are struggling with your trading, thinking of hanging it up, you need to identify your own collage the things you are currently doing that break your problem patterns. The most helpful part of a fearless trading inventory is the firsthand recognition that, even amidst failure, one does indeed harbor the seed of success. Entering a facilitative physical state is one of the quickest ways of placing oneself in a winning frame of mind. Even the solution that seems the smallest can serve as an anchor for life altering change. -Taking breaks from trading Tr...

Indecision

Procrastination robs you of opportunity. It is a significant fact that no great leader was ever known to procrastinate. You are fortunate if ambition drives you into action, never permitting you to falter or turn back once you have rendered a decision to go forward. You may be shocked if you kept accurate account of the time you waste in a single day. Second by second, as the clock ticks off the distance, time is running a race with you. Delay means defeat, because no one may ever make up a second of lost time. Wasted time is one of the chief causes of failure. Time is also, however, a master worker that heals the wounds of failure and disappointment, and rights all wrongs and turns all mistakes into capital. But it favors only those who kill off procrastination and remain in action when there are decisions to be made. Life is a great checkerboard. The player opposite you is Time. If you hesitate you will be wiped off the board. If you keep moving you may win. The only real capit...

INSIGHTS

 Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence. -John Adams