Tag Archive for get rich

The Geek | September 6, 2009
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How To Get Rich

Google How to Get Rich and you will come up with over 54 million hits. Just browsing some of those hits I found one site that said I could “earn $300 in 7 minutes”, and another that promised a guaranteed $100,000 per month!

I wonder how many of the people selling these products are actually rich themselves? How many people do you need to sucker into buying your product before you yourself are actually rich?

I did some research and I found the top 3 ways people get rich. And by rich I mean have a net worth in excess of $1,000,000. Can you guess how they did it? I’ll give you a clue, not by spending money on a system that will help you “get rich FAST!”

I suppose I could write an ebook and offer to sell you my “system” for the low price of just $49.95, but only if you BUY RIGHT NOW! Because the price could go up at any minute. Or I could just tell you. So here it is, the top three ways people get rich.

#3. Get An Inheritance

Hope you chose the right family. Otherwise you are out of luck with this method. This is the easiest of the top 3 ways to get rich. Just inherit your riches. Of course, you have to spend your whole life watching what you do so that you don’t piss somebody off and get yourself written out of the will. Of course, if you weren’t born into a rich family you could try and marry into one. Just as long as you don’t mind being called a gold digger.

#2. Start Your Own Business

But make sure it is boring and very unglamorous. Plumbers do amazingly well.

#1. Real Estate

We are not talking house flipping here. Commercial real estate investors were the big earners here. Buy a commercial building, rent it out. Keep it for years.

There you go! Note that lottery winners and internet marketers did not make the list. (Neither did bloggers :( )

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Category: Getting Rich | Tags: , , , , ,
The Geek | December 2, 2008
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Now is the Time To Buy Low so you can Sell High!

If you are serious about getting rich, you understand the importance of buy low and sell high.  And most investors will say that they attempt to buy low and sell high, but the reality is just the opposite!  No matter what the investment, be it stocks, real estate, or gold, when prices are soaring, people are buying like crazy. Then, when the inevitable crash happens, those same people are rushing to sell. They have it all backwards!

The news media is no help. They are moaning and groaning about the plummeting DOW.  The Real Estate Market is down 30% in some areas, oh wow is me.  But the savvy investor is saying just the opposite.  Woo Hoo! The sales are on!  Now is the perfect time to buy stock and real estate.  There is just one caveat. Do your research, and be prepared to hold onto your investment until the next buying frenzy, when you can sell high.

One investment I would avoid buying right now… Gold.  It is bouncing off of highs right now, fueled by the uncertainty in the economy. Remember, the saying is buy low, SELL high. The economy will improve, it is only a matter of time, and the price of gold is sure to go down.

Category: Getting Rich | Tags: , , , ,
The Geek | September 12, 2008
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Secrets of the Rich – Part 6

Ask Yourself-

As you consider the success you desire, you need to affirm its possibilities and develop the self-confidence necessary to attain
the goals. Learn to do things well. “If you know how to do one thing well, you can do everything,” wrote the philosopher Gurdjieff.

Are you ready for success?

  • Is what you are doing now helping you to achieve your goals?
  • Do you weigh the consequences before making a decision?
  • Is this the best use of your time?
  • Do you cooperate with everyone and help cultivate their best potentials?
  • Are you warm and sincere?
  • Do you have the courage to succeed?
  • Do you have the self-discipline necessary to achieve your goals?
  • Do you have a realistic sense of self-worth?
  • Do you give more than you take?
  • Do you have the courage to fail, and then pick up and try again?
  • Can you assume responsibility without blaming others if things go wrong?
  • Are you strong?
  • Can you be sympathetic to life and its sufferings?
  • Can you say no?
  • Will you follow your convictions and plans to achieve?
  • Do you sincerely want to achieve the goals you have chosen?

Taking Responsibility-

“The price of greatness is responsibility,” wrote Winston Churchill. Are you willing to take the responsibility once you attain the success you desire?

“The deepest personal defeat suffered by human beings is constituted by the difference between what one was capable of becoming and what one has in fact become,” wrote Ashley Montague. And the greatest tragedy is to become less than your full potential, using less than the abilities you have to work with.

Are you waiting for something to happen? Maybe you’re waiting for a job offer, or a promotion. Perhaps you’re waiting until you get good enough at a craft or skill. Or are you waiting for the inspiration of creativity to strike your life?

It is up to you to take the actions and be responsible for their consequences. “Our responsibility: every opportunity, an obligation; every possession, a duty,” wrote John D. Rockefeller, Jr.

Inspire yourself. Read books that will spurn you to action; talk to people who have the vitality you admire. How would you like to lead your life? And make the changes necessary to be like that. “There is nothing permanent except change,” wrote Heraclitus.

What changes do you want to make? What are you waiting for?

Category: Getting Rich | Tags: , , ,
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