| My neighbor thought that the $500 for a real estate investment class was too expensiveHe said he could not afford it, and he couldn't afford the time So he waits for the price to go up
?I look for people who want to buy first, then I look for someone who wants to sellA friend was looking for a certain piece of landHe had the money and did not have the timeI found a large piece of land larger than what my friend wanted to buy, tied it up with an option, called my friend and he wanted a piece of itSo I sold the piece to him and then bought the landI kept the remaining land as mine for freeMoral of the story: Buy the pie and cut it in piecesMost people look for what they can afford, so they look too smallThey buy only a piece of the pie, so they end up paying more for chanel mens watches less Small thinkers don't get the big breaksIf you want to get richer, think bigger first
Retailers love giving volume discounts, simply because most business people love big spenders So even if you're small, you can always think bigWhen my company was in the market for computers, I called several friends and asked them if they were ready to buy alsoWe then went to different dealers and negotiated a great deal because we wanted to buy so manyI have done the same with stocksSmall people remain small because they think small; act alone, or don't act all
?Learn from historyAll the big companies on the stock exchange started out as small companies Colonel Sanders did not get rich until after he lost everything in his 60s Bill Gates was one of the richest men in the world cartier must 21 before he was 30
?Action always beats inaction
These are just a few of the things I have done and continue to do to recognize opportunitiesThe important words being "done" and "do"As repeated many times throughout the book, you must take action before you can receive the financial rewardsAct now!
EPILOGUE
How To Pay for a Child's College Education for $7000
As the book draws to a close and approaches publication, I would like to share a final thought with youThe main reason I wrote this book was to share insights into how increased financial intelligence can be used to solve many of life's common problemsWithout financial training, we all too often use the standard formulas to get through life, such as to work hard, save, borrow and pay excessive taxesToday vintage fake rolex watches we need better information
I use the following story as a final example of a financial problem that confronts many young families todayHow do you afford a good education for your children and provide for your own retirement? It is an example of using financial intelligence instead of hard work to achieve the same goal
A friend of mine was griping one day about how hard it was to save money for his four children's college educationHe was putting $300 away in a mutual fund each month and had so far accumulated about $12,000 He estimated he needed $400,000 to get four children through collegeHe had 12 years to save for it, since his oldest child was then 6 years of age
The year was 1991, and the real estate market in Phoenix was terriblePeople were giving houses awayI 925 tiffany's necklace suggested to my classmate that he buy a house with some of the money in his mutual fundThe idea intrigued him and we began to discuss the possibilityHis primary concern was that he did not have the credit with the bank to buy another house, since he was so over-extendedI assured him that there were other ways to finance a property other than through the bank
We looked for a house for two weeks, a house that would fit all the criteria we were looking forThere were a lot to choose from, so the shopping was kind of funFinally, we found a 3 bedroom 2 bath home in a prime neighborhoodThe owner had been downsized and needed to sell that day because he and his family were moving to California where another job waited
He wanted $102,000, but we offered only $79,000He took it gucci bag replica immedia |
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