2009年7月11日 星期六

Just Do It



You must AT LEAST start working on something.


2009年7月9日 星期四

8 New Rules of Money

#1: Money is knowledge.

#2: Learn How to Use Debt

#3: Learn to Control Cash Flow

#4: Prepare for Bad Times and You Will Only Know Good Times

#5: The Need for Speed

#6: Learn the Language of Money

#7: Focus more on selling and less on buying.

#8: Since money is becoming worth-less and less, learn to print your own.



2009年7月8日 星期三

An Old Joke

An Old Joke

Two friends were talking in the woods when a bear suddenly jumped out and came at them.

"Do you think we can outrun the bear?" one friend asked.

To which his friend replied, "I don't have to outrun the bear. I only have to outrun you."


你在用钱还是钱在用你

金钱对人类产生影响的关键并不在于我们所拥有的金钱的量,而是金钱在我们生活中所扮演的角色。

“金钱是一个很好的仆人,却是一个很坏的主人”,无论我们拥有金钱的量是多是少,若是不懂得如何应用,支配和管理,到头来还是会沦落为金钱的奴仆,任由它来支配和管理我们,不是你在用钱,就是钱在用你!

2009年7月7日 星期二

Money for Nothing

The way you print your own money is by achieving an infinite return on your money.

The definition I use for an infinite return is "money for nothing". More specifically, I print my own money when I get back all the money I used to acquire an asset, still own the asset, and enjoy the benefits of the cash flow from the asset.

With a strong financial education, I can print my own money via a business, real estate, stocks, and even commodities such as gold, silver, and oil. Again, the key is going for an infinite return, or "money for nothing".

2009年7月6日 星期一

What came first, the cell phone or cash flow?

What came first, the cell phone or cash flow?
(How the cash flow game is played in real life Example I)

The answer, of course, is cash flow.

There would never have been a cell phone without cash flow-no matter how useful one is.

Cash flow is the single driving force behind innovation.

Once investors realized the opportunity cell phones presented for cash flow, money was raised for the development of a global cell phone network.

Without the opportunity to produce cash flow, no one would have been interested in developing the network.

Every time you use your cell phone, cash flows from your wallet to the wallets of the cell phone businesses. They are in the cell phone business, but the name of the game is cash flow.

Today, there are many great products, services, or businesses that could save the world, but without cash flowing from the consumer to the rich, those products or businesses are not funded.

If you are going to launch a new product or start a new business, you must be very aware of cash flow.

If your business only provides enough cash flow for you, chances are that your business will not attract investors or grow.

Related: Cash Flow

2009年7月5日 星期日

The Unfair Advantage

Today, most people are trying to solve the problems of taxes, debt, inflation, and retirement by working harder, getting out of debt, saving money, living below their means, and investing for the long term in the stock market. Life will become more expensive for those who insist on following this line of thinking.

The Unfair Advantage

Today, those who have a strong financial education have an unfair advantage over those who do not.

With a sound financial education, a person can use taxes, debt, inflation and retirement to become rich rather than poor. Conversely, the forces of taxes, debt, inflation, and retirement rule those who do not have a strong financial education.

Inflation is often called the "invisible tax", which is hardest on the poor, the old, savers, low-income workers, and fixed income retirees.

Today, many families are entering into financial bankruptcy due to retirement and medical costs.

Avoid being robbed blind by the coming increases in taxes (direct and indirect), debt, and inflation.

Graph A: Life is about to become more expensive all over the world.




Graph B: An increase in government controls and taxes to cover the increase in debt.





Graph C: Mortgage resets causing more increases in Graphs A and B - that is, if and only if the world economy does not simply collapse under the weight of all this debt, taxes, and toxic money.