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Wealth Creation

Discuss Wealth Creation at the Words of Wisdom within the Traderji.com; 8) Average people set low expectations so they’re never disappointed. Rich people are up for ...


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  #21  
Old 17th November 2014, 10:57 AM
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8) Average people set low expectations so they’re never disappointed. Rich people are up for the challenge.

“Hey man, don’t worry about it. It’s no big deal. You expect too much. Let’s just watch the game!“

I have no time for this type of person. How any man could live his life so pathetically free of any and all challenge is beyond me. You get the same types in the gym. Type A is afraid to exert any real energy and Type B will go all the way. Type B will have the physique to show for it.


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  #22  
Old 18th November 2014, 07:48 AM
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9) Average people believe you have to DO something to get rich. Rich people believe you have to BE something to get rich.

“What do I have to do to get rich?“
Be a damn killer and go get it.

10) Average people believe you need money to make money. Rich people use other people’s money.

I’ll tell you boys, I made my first money using NONE of my own money. Not a penny. Where there’s a will, there’s a way. If you want it bad enough, as in you are obsessed with it, you will get it. Even if you only have $12 to your name, makes no difference.

“I can’t make money because I don’t have any money“. Sounds pretty stupid doesn’t it?

“I have to make money because I don’t have any money” sounds much better.
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  #23  
Old 19th November 2014, 08:33 AM
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11) Average people believe the markets are driven by logic and strategy. Rich people know they’re driven by emotion and greed.

I have no time for these people who constantly talk about logic and strategy. “I like logic. I deal with things logically.” Logic is only one part of the picture. If you look at everything logically you aren’t looking at the big picture and I’ll tell you why. Most people in the world do not think logically, they think emotionally. When you speak to them logically you are not getting through to them.

Most people in the world are dummies and they don’t think logically, they can’t think logically. But these “I’m so logical” types always assume that everyone else also thinks “logically”. If you think they think logically you are thinking like a dummy. Not everyone thinks like you, in fact most people don’t even think. They just react.Logical thinking is only half the the puzzle.
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  #24  
Old 19th November 2014, 08:37 AM
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12) Average people live beyond their means. Rich people live below theirs.

Again, these people can’t pay their phone bills at the end of the month. Live like a Spartan. Have money leftover. Hell, I live like a king and I barely spend any money. I’m able to live very well because of a little word called Geo-Arbitrage. Make money in dollars, spend in baht and I want for nothing. My monthly expense are bare minimum. Few bucks in rent for my high rise condo with pool view, few bucks for water and electric, few bucks for internet, few bucks for gym membership, few bucks for my maid, and a few bucks to run my websites. Easy, spartan, simple and clean. If need be, all those expenses can be reduced even further. I spend less money to live on now than I use to spend on just my mortgage.
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  #25  
Old 19th November 2014, 07:04 PM
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13) Average people teach their children how to survive. Rich people teach their kids to get rich.

I had average parents who taught me how to be average. They didn’t know anything about making money but they sure were adamant that college and a full time job and saving for retirement was the answer. I wasted years following that stupidity. For most of my life I’ve been a fool, and a lot of you probably have too. But it’s not too late to wake up and start kicking ass.

14) Average people let money stress them out. Rich people find peace of mind in wealth.


Money is freedom, baby. I can’t say this enough. Money buys you freedom. If you have money you don’t have to take orders. When you have money you have the pleasure of saying my favorite word, “no”. I do anything I want any time I want. I don’t ask permission.
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  #26  
Old 20th November 2014, 07:53 AM
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15) Average people would rather be entertained than educated. Rich people would rather be educated than entertained.

Television, magazines, celebrity websites, sports – the mark of the average. If you can’t learn or earn from it, burn it.

16) Average people think rich people are snobs. Rich people just want to surround themselves with like-minded people.

Rich people are different. After you’ve made it why would you ever want to go and hang out with losers who are jealous of you? Average people cannot hide their envy and jealousy.They made the poor decision to go and waste their life at a job and now you’re demon because you are free and have money. You took the time to educate yourself, you took the time to make your own money, you took the chance, you did all the work and they look at you like you got lucky and they have the gall to get enviously angry at you. It has often been noted that you end up exactly like the people you hang out with, so say goodbye to the losers, be elitist and hang out with the winners.
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  #27  
Old 21st November 2014, 09:35 AM
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17) Average people focus on saving. Rich people focus on earning.

How many people have told you of the wonderful benefits of saving for retirement and how you can finally live like a king when you’re 65? None of those people seemed to be living large, though. Weird, huh? Can it be that they have no clue what they’re yammering about? I choose to live like a king right now, I’m too selfish and impatient to wait. To afford my lifestyle I had to quit my damn job and focus on earning. And it was the best decision I ever made.

18) Average people play it safe with money. Rich people know when to take risks.

What I have found is that when I take big risks, the kind of risks that give me nausea, diarrhea and anxiety for days, they tend to payoff for me. For some damn reason I have been able to risk my money many times and have always made it back plus some extra. It has always been when I didn’t take a risk, when I chose to hang on to the money I had, that I burned through it and was left broke. You can never, ever make it without risking something.
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  #28  
Old 22nd November 2014, 07:08 AM
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19) People love to be comfortable. Rich people find comfort in uncertainty.

Average people don’t want to do any damn thing except eat snacks and watch tv. Wasting your days at a 9-5 and wasting your nights in front of the tv on a La-z-boy recliner with a bag of chips is comfortable for some, I guess, but it always made me miserable. Personally, I hate relaxing. It’s such a damn waste of time.

20) Average people never make the connection between money and health. Rich people know money can save your life.

“Well, at least I have my health“.

This saying always makes me laugh a little. What they are really saying is “my life is terrible….but at least I’m alive“. I’d rather be dead than be 65 years old and living on social security and medicare. I’d rather be dead than be old and living on a fixed income and relying on the government to give me my “pills”.

Not only does money give you piece of mind, which can save your damn life from high blood pressure and stress, but it also buys the best medical care and the best drugs.
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  #29  
Old 24th November 2014, 08:20 AM
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21) Average people believe they must choose between a great family and being rich. Rich people know you can have it all.

Average people are excuse-makers. “I chose to have a family instead of going into business“. Bullshit, you chose mediocrity because you’re mediocre. Lie to yourself all you want, but I can see through those lies a mile away. If you were driven and not a liar you would let your family motivate you to give them a better life. A family isn’t a burden or an obstacle in making money, it’s an excuse to be lazy and coast at a job.

Rich people demand more out of life, and they get it. Demand more, especially from yourself, and your quality of life will go up. Demand more from your personal relationships and you will get more. Demand more from your business partners and you will get more. If they don’t want to play ball then find others who want to play. It’s a big world out there and there is plenty for your taking. Be a man and take it.
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  #30  
Old 27th November 2014, 08:21 AM
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