Posted by Ryan on October 31st, 2007 in Entrepreneurial Mindset
The law of attraction states that a person’s thoughts, emotions, beliefs and actions are said to attract corresponding positive and negative experiences. In other words, the things you focus on that you want, will find a way to be attracted to you. Likewise, when you focus on things you do not want, you are attracting [...]
Posted by Ryan on October 28th, 2007 in Investment Strategy
Do you fit in the group of wealthy people, but believe thinking about money is boring or a touchy subject? A good portion of high-income producers, particularly those who come from poor backgrounds, have a hard time spending money and taking even the minimum amount of risk. Generally the thought or discussion about money is [...]
Posted by Ryan on October 25th, 2007 in Making More Money
Do you ever dream of what it would be like to be a CEO in corporate America? Run an outperforming company while receiving millions of dollars worth of stock options, bonuses and outrageous salaries while traveling the world on the corporate jet to play golf? Sounds like the dream.
The chances, of course, of becoming the [...]
Posted by Ryan on October 23rd, 2007 in Making More Money
Want to be a millionaire? All it takes is a bit of discipline and some patience. Here are some tips to get started today:
Reduce consumption and increase investments.
Create and stick to a budget.
Increase your financial IQ.
Make contributions into investment vehicles on a consistent basis.
Start a part-time business to increase income and take advantage of [...]
Posted by Ryan on October 18th, 2007 in Spending and Saving
I have a friend who is a really, really good shopper. The problem is that he is not a smart shopper. He is a sucker for being lured by persuasive sales pitches and marketing gimmicks. It is actually comical because the behavior is so predictable. He comes across a “really great deal,” impulsively spends money [...]
Posted by Ryan on October 16th, 2007 in Investment Strategy
This article is paraphrased from a 10/12/07 Motley Fool article:
You should be highly skeptical of any and all get-rich schemes … except for the super-simple formula I’m going to show you below. Because this one really works.
It works so well that it’s been used by the world’s billionaires — from moguls of yesteryear such as [...]
Posted by Ryan on October 14th, 2007 in Money Management
Unfortunate things happen to everyone, which can put you in very difficult situation. No matter how secure you may feel your job is, anything could happen to quickly change your situation. New management, the merger or acquisition of your company, or personal and economic challenges, such as illnesses or disability, can all impact your income [...]
Posted by Ryan on October 11th, 2007 in Entrepreneurial Mindset
Among other reasons, self-made millionaires are often generous people because they understand that the law of reciprocity applies to business, money and personal happiness. You know the feeling you get when someone gives you something and you feel the obligation to make it up to them. You’re familiar with the sayings, “You scratch my back, [...]
Posted by Ryan on October 8th, 2007 in Investment Planning
With your employee 401k retirement plan, becoming a millionaire is incredibly obtainable by hardly doing a thing. You simply enroll, spend a little time over the funds your company offers to invest in, indicate how much of your pay you want to contribute, and sit back and watch your retirement account grow. Every now and [...]
Posted by Ryan on October 3rd, 2007 in Credit and Debt
We are constantly told that the way to riches is to get out of debt, cut up your credit cards and live on a strict budget. Advice like this may be good advice for some people, but it is not a one size fits all strategy. In fact, for those who are good at managing [...]