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Aug012010

On the court they're not little Johnny; they're...
On the court they're not little Johnny; they're Michael Jordan, Sir Charles or Clyde Copying or emulating heroes is true power learningAnd that is why when someone like OSimpson falls from grace, there is such a huge outcry
There is more than just a courtroom trialIt is the loss of a heroSomeone people grew up with, looked up to, and wanted to be likeSuddenly we need to rid ourselves of that person
I have new heroes as I grow olderI have golf heroes such as Peter Jacobsen, Fred Couples and Tiger WoodsI copy their swings and do my best to read everything I can about themI also have heroes such as Donald Trump, Warren Buffett, Peter Lynch, George Soros and Jim RogersIn my older years, I know their stats just like I knew the fendi b bag ERAs and RBI of my baseball heroes I follow what Warren Buffett invests in, and read anything I can about his point of view on the marketI read Peter Lynch's book to understand how he chooses stocksAnd I read about Donald Trump, trying to find out how he negotiates and puts deals together
Just as I was not me when I was up to bat, when I'm in the market or I'm negotiating a deal, I am subconsciously acting with the bravado of Trump Or when analyzing a trend, I look at it as though Peter Lynch were doing it By having heroes, we tap into a tremendous source of raw genius
But heroes do more than simply inspire usHeroes make things look easyIt's the making it look easy that convinces us to want to be just like them"If they can do replica cartier tank it, so can I
When it comes to investing, too many people make it sound hardInstead find heroes who make it look easyTEACH AND YOU SHALL RECEIVE: The power of giving Both of my dads were teachersMy rich dad taught me a lesson I have carried all my life, and that was the necessity of being charitable or givingMy educated dad gave a lot by the way of time and knowledge, but almost never gave away money As I said, he usually said that he would give when he had some extra moneyOf course, there was rarely any extra
My rich dad gave money as well as educationHe believed firmly in tithing"If you want something, you first need to give," he would always sayWhen he was short of money, he simply gave money to his church or to his omega watches for sale favorite charity
If I could leave one single idea with you, it is that ideaWhenever you feel "short" or in "need" of something, give what you want first and it will come back in bucketsThat is true for money, a smile, love, friendshipI know it is often the last thing a person may want to do, but; it has always worked for meI just trust that the principle of reciprocity it is true, and I give what I wantI want money, so I give money, and it comes back in multiplesI want sales, so I help someone else sell something, and sales come to meI want contacts and I help someone else get contacts, and like magic, contacts come to meI heard a saying years ago that went, "God does not need to receive, but humans need to give
My rich dad montre cartier would often say, "Poor people are more greedy than rich people He would explain that if a person was rich, that person was providing something that other people wantedIn my life, over all these ; years, whenever I have felt needy or short of money or short of help, I simply went out or found in my heart what I wanted, and decided to give it firstAnd when I gave, it always came back
It reminds me of the story of the guy sitting with firewood in his arms on a cold freezing night, and he is yelling at the pot-bellied stove, "When you give me some heat, then I'll put some wood in And when it comes to money, love, happiness, sales and contacts, all one needs to remember is first to give what you want and it will come back in hermes borse drove

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Jul312010

"Wow!" said rich dad"Now you sound just like most...

"Wow!" said rich dad"Now you sound just like most of the people who used to work for mePeople I've either fired or they've quit
"So what do you have to say?" I demanded, feeling pretty brave for a little kidI've worked for you, and you have not kept your wordYou haven't taught me anything
"How do you know that I've not taught you anything?" asked rich dad calmly
"Well, you've never talked to meI've worked for three weeks, and you have not taught me anything," I said with a pout
"Does teaching mean talking or a lecture?" rich dad asked
"Well, yes," I louis vuitton pink replied
"That's how they teach you in school," he said smiling"But that is not how life teaches you, and I would say that life is the best teacher of allMost of the time, life does not talk to youIt just sort of pushes you aroundEach push is life saying, `Wake upThere's something I want you to learn' "
"What is this man talking about?" I asked myself silently"Life pushing me around was life talking to me?" Now I knew I had to quit my jobI was talking to someone who needed to be locked up
"If you learn life's lessons, you will do wellIf not, life will just continue cartier pasha watch to push you aroundSome just let life push them aroundOthers get angry and push backBut they push back against their boss, or their job, or their husband or wifeThey do not know it's life that's pushing
I had no idea what he was talking about
"Life pushes all of us aroundA few learn the lesson and move onThey welcome life pushing them aroundTo these few people, it means they need and want to learn somethingThey learn and move onMost quit, and a few like you fight
Rich dad stood and shut the creaky old wooden window that needed repair"If you learn this lesson, tiffany knockoff you will grow into a wise, wealthy and happy young manIf you don't, you will spend your life blaming a job, low pay or your boss for your problemsYou'll live life hoping for that big break that will solve all your money problems
Rich dad looked over at me to see if I was still listeningWe stared at each other, streams of communication going between us through our eyesFinally, I pulled away once I had absorbed his last messageI was blaming him, and I did ask to learn"Or if you're the kind of person who has no guts, you just give up every time life pushes youIf white chloe bag you're that kind of person, you'll live all your life playing it safe, doing the right things, saving yourself for some event that never happensThen, you die a boring old manYou'll have lots of friends who really like you because you were such a nice hard-working guyYou spent a life playing it safe, doing the right thingsBut the truth is, you let life push you into submissionDeep down you were terrified of taking risksYou really wanted to win, but the fear of losing was greater than the excitement of winningDeep inside, you and only you will know you didn't go mulberry bags fo

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Jul302010

They pay everyone else first There have been...
They pay everyone else first
There have been months in my life, when for whatever reason, cash flow was far less than my billsI still paid myself firstMy accountant and bookkeeper screamed in panic "They're going to come after youThe IRS is going to put you in jail "You're going to ruin your credit rating "They'll cut off the electricity I still paid myself firstBecause that's what the story The Richest Man In Babylon was all aboutThe power of self-discipline and the power of internal fortitude "Guts," in less elegant termsAs my rich dad taught me the first month I worked for dior rasta him, most people allow the world to push them aroundA bill collector calls and you "pay or else So you pay and not pay yourselfA sales clerk says, "Oh, just put it on your charge card Your real estate agent tells you to "go ahead-the government allows you a tax deduction on your home That is what the book is really aboutHaving the guts to go against the tide and get richYou may not be weak, but when it comes to money, many people get wimpy
I am not saying be irresponsibleThe reason I don't have high credit card debt, and doodad debt, is because I want to pay myself firstThe reason gucci ladies watch I minimize my income is because I don't want to pay it to the governmentThat is why, for those of you who have watched the video The Secrets of the Rich, my income comes from my asset column, through a Nevada corporationIf I work for money, the government takes it
Although I pay my bills last, I am financially astute enough to not get into a tough financial situationI don't like consumer debtI actually have liabilities that are higher than 99 percent of the population, but I don't pay for them; other people pay for my liabilitiesThey're called tenants1 in paying yourself first mulberry vintage is don't get into debt in the first placeAlthough I pay my bills last, I set it up to have only small unimportant bills, that I will have to pay
Secondly, when I occasionally come up short, I still pay myself firstI let the creditors and even the government screamI like it when they get toughWhy? Because those guys do me a favorThey inspire me to i go out and create more moneySo I pay myself first, invest the money, and let the creditors yellI generally pay them right away anywayMy wife and I have excellent creditWe just don't cave into the pressure and spend our savings or necklace chanel liquidate stocks to pay for consumer debtThat is not too financially intelligent
So the answer is:

1Don't get into large debt positions that you have to pay for Keep your expenses lowBuild up assets firstThen, buy the big house or nice carBeing stuck in the rat race is not intelligentWhen you come up short, let the pressure build and don't dip into your savings or investments Use the pressure to inspire your financial genius to come up with new ways of making more money and then pay your billsYou will have increased your ability to make more money as well as your financial discount hermes intelligen

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Apr302010

Hello, my account friends
Welcome to my first blog

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Apr292010

Davy,--the preventing the corrosion of the...
Davy,--the preventing

the corrosion of the copper; but it failed as a cure of the evil,

by producing one of an OPPOSITE character; either by preserving

too perfectly from decay the surface of the copper, or by

rendering it negative, it allowed marine animals and vegetables

to accumulate on its surface, and thus impede the progress of the

vessel



Other instances might, if necessary, be adduced, to show that

long intervals frequently elapse between the discovery of new

principles in science and their practical application: nor ought

this at all to surprise us Those intellectual qualifications,

which give birth to new principles or to new methods, are of

quite a different order from those which are necessary for their

practical application



At the time of the discovery of the beautiful theorem of Huygens,

it required in its author not merely a complete knowledge of the

mathematical science of his age, but a genius to enlarge its

boundaries by new creations of his own Such talents are not

always united with a quick perception of the details, and of the

practical applications of the principles they have developed,

nor is it for the interest of mankind that minds of this high

order should lavish their powers on subjects unsuited to their

grasp



In mathematical science, more than in all others, it happens that

truths which are at one period the most abstract, and apparently

the most remote from all useful application, become in the next

age the bases of profound physical inquiries, and in the

succeeding one, perhaps, by proper simplification and reduction

to tables, furnish their ready and daily aid to the artist and

the sailor



It may also happen that at the time of the discovery of such

principles, the mechanical arts may be too imperfect to render

their application likely to be attended with success Such was

the case with the principle of the hydrostatic paradox; and it

was not, I believe, until the expiration of MrBramah's patent,

that the press which bears his name received that mechanical

perfection in its execution, which has deservedly brought it into

such general use



On the other hand, for one person who is blessed with the power

of invention, many will always be found who have the capacity of

applying principles; and much of the merit ascribed to these

applications will always depend on the care and labour bestowed

in the practical detail



If, therefore, it is important to the country that abstract

principles should be applied to practical use, it is clear that

it is also important that encouragement should be held out to the

few who are capable of adding to the number of those truths on

which such applications are founded Unless there exist peculiar

institutions for the support of such inquirers, or unless the

Government directly interfere, the contriver of a thaumatrope may

derive profit from his ingenuity, whilst he who unravels the laws

of light and vision, on which multitudes of phenomena depend,

shall descend unrewarded to the tomb



Perhaps it may be urged, that sufficient encouragement is already

afforded to abstract science in our different universities, by

the professorships established at them It is not however in the

power of such institutions to create; they may foster and aid the

development of genius; and, when rightly applied, such stations

ought to be its fair and honourable rewards In many instances

their emolument is small; and when otherwise, the lectures which

are required from the professor are not perhaps in all cases the

best mode of employing the energies of those who are capable of

inventing



I cannot resist the opportunity of supporting these opinions by

the authority of one of the greatest philosophers of a past age,

and of expressing my acknowledgments to the author of a most

interesting piece of scientific biography In the correspondence

which terminated in the return of Galileo to a professorship in

his native country, he remarks, "But, because my private lectures

and domestic pupils are a great hinderance and interruption of my

studies, I wish to live entirely exempt from the former, and in

great measure from the latter And, in

another letter to Kepler, he speaks with gratitude of Cosmo, the

Grand Duke of Tuscany, who "has now invited me to attach myself

to him with the annual salary of 1000 florins, and with the title

of Philosopher and principal Mathematician to his Highness,

without the duties of any office to perform, but with most

complete leisure; so that I can complete my treatise on

Mechanics,

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