Learn Investing Secrets

I hope this helps - I'd like your opinions on what I've shared -

To your future.

Jim"

I'm still waiting to hear back from her - in the meantime, I hope this helps you.

(C) 2005 RadiusEnterprises.com.

I recently received an e-mail from a young lady who had doubts just about the principles of wealth found in "Rich Dad, Poor Dad". She mentioned a couple of past failed investments, and wanted to know what I thought roughly investing and financial freedom - whether it was just a myth, or whether it could be acquired. I thought I'd share it here for the presentation of those who have struggled with investing, or perhaps from ventures that didn't quite pan out. Here's what I wrote back to her:

"Dear ________,

I want to handiness your point underneath - now I think you make a very interesting point well-nigh money. I do surmise that most people have a great opportunity to put Rich Dad's principles into practice to create wealth for themselves. You said "the rich get richer"...but remember, many who are rich did not start that way (many who have a large inheritance don't stay rich for long). In fact, they started very poor, with little to no money, and worked their way to freedom. HERE ARE THE DIFFERENCES those who up and do financial freedom and those who don't:

1) They have different beliefs close money.
The person who becomes wealthy believes differently back money than the person who doesn't. Example: The wealthy reckon that "money should work hard for you" while the poor and middle desert swear by that "you should work hard for your money". These are opposite beliefs - so, the rich keep FINDING WAYS to have money work for them, while the poor and middle superiority keep FINDING WAYS to work harder for money. See the difference in beliefs, that ultimately effects the person's behavior and their results? spare example: If I allow that every person is valuable, then what happens? I treat every person I meet with respect. What aimlessly the person who believes that a particular race - African-Americans, or Asians, or Hispanics, or Americans are INFERIOR to their own race, or "bad" - how will that person treat them? With disrespect, or hatred, or both. You see? What someone believes in his/her heart correlates with how they will behave.

2) Those who get to be financially free never, ever give up - even owing to failing numerous times.
You mentioned trying a few investments that didn't work out. Why didn't they work out? I'm sure the reason comes from this one simple reason: you did not have enough information to evaluate the investment. So, even if you say "The opportunity was a scam", or "My friend made me do it", or "It wasn't the right time to invest" - all these reasons come from the fact that you did not competently EVALUATE THE INVESTMENT. Evaluating an investment includes understanding the risks, having a contingency plan, and getting expert help to best make your decision.

3) Those who open into wealthy never stop learning.
If you mess up in an investment, it doesn't mean give up. It means you look at the mistake and figure out why it happened to make sure you don't get yourself in that situation in reverse - when you do this, you transform WISER. The poor and middle profitableness try something, and when they fail, they either bringing of charges a person or assets AND THEY NEVER HAVE something TO DO WITH THAT AGAIN. That's not good! Just inasmuch as I mess up one real estate investment DOES NOT mean real estate is a bad investment!

I hope this helps - I'd like your opinions on what I've shared -

To your future.

Jim"

I'm still waiting to hear back from her - in the meantime, I hope this helps you.

(C) 2005 RadiusEnterprises.com. All Rights Reserved.

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