e¡¡active¡¡when¡¡it¡¡es¡¡to¡¡money¡£¡¡If¡¡I¡¡had¡¡paid¡¡myself¡¡last£»¡¡I¡¡would¡¡have¡¡felt¡¡no¡¡pressure£»¡¡but¡¡I'd¡¡be¡¡broke¡£¡¨
¡¨So¡¡it¡¡is¡¡the¡¡fear¡¡of¡¡the¡¡government¡¡or¡¡other¡¡people¡¡you¡¡owe¡¡money¡¡I¡¡to¡¡that¡¡motivates¡¡you£¿¡¨
¡¨That's¡¡right£»¡¨¡¡said¡¡rich¡¡dad¡£¡¡¡¨You¡¡see£»¡¡government¡¡bill¡¡collectors¡¡are¡¡big¡¡bullies¡£¡¡So¡¡are¡¡bill¡¡collectors¡¡in¡¡general¡£¡¡Most¡¡people¡¡give¡¡into¡¡these¡¡bullies¡£¡¡They¡¡pay¡¡them¡¡and¡¡never¡¡pay¡¡themselves¡£¡¡You¡¡know¡¡the¡¡story¡¡of¡¡the¡¡96¡pound¡¡weakling¡¡who¡¡gets¡¡sand¡¡kicked¡¡in¡¡his¡¡face£¿¡¨
I¡¡nodded¡£¡¡¡¡¡¨I¡¡see¡¡that¡¡ad¡¡for¡¡weightlifting¡¡and¡¡bodybuilding¡¡lessons¡¡in¡¡the¡¡ic¡¡books¡¡all¡¡the¡¡time¡£¡¨
¡¨Well£»¡¡most¡¡people¡¡let¡¡the¡¡bullies¡¡kick¡¡sand¡¡in¡¡their¡¡faces¡£¡¡I¡¡decided¡¡to¡¡use¡¡the¡¡fear¡¡of¡¡the¡¡bully¡¡to¡¡make¡¡me¡¡stronger¡£¡¡Others¡¡get¡¡weaker¡£¡¡Forcing¡¡myself¡¡to¡¡think¡¡about¡¡how¡¡to¡¡make¡¡extra¡¡money¡¡is¡¡like¡¡going¡¡to¡¡the¡¡gym¡¡and¡¡working¡¡out¡¡with¡¡weights¡£¡¡The¡¡more¡¡I¡¡work¡¡my¡¡mental¡¡money¡¡muscles¡¡out£»¡¡the¡¡stronger¡¡I¡¡get¡£¡¡Now£»¡¡I'm¡¡not¡¡afraid¡¡of¡¡those¡¡bullies¡£
I¡¡liked¡¡what¡¡rich¡¡dad¡¡was¡¡saying¡£¡¡¡¡¡¨So¡¡if¡¡I¡¡pay¡¡myself¡¡first£»¡¡I¡¡get¡¡financially¡¡stronger£»¡¡mentally¡¡and¡¡fiscally¡£¡¨
Rich¡¡dad¡¡nodded¡£
¡¨And¡¡if¡¡I¡¡pay¡¡myself¡¡last£»¡¡or¡¡not¡¡at¡¡all£»¡¡I¡¡get¡¡weaker¡£¡¡So¡¡people¡¡like¡¡bosses£»¡¡managers£»¡¡tax¡¡collectors£»¡¡bill¡¡collectors¡¡and¡¡landlords¡¡push¡¡me¡¡around¡¡all¡¡my¡¡life¡£¡¡Just¡¡because¡¡I¡¡don't¡¡have¡¡good¡¡money¡¡habits¡£¡¨
Rich¡¡dad¡¡nodded¡£¡¡¡¡¡¨Just¡¡like¡¡the¡¡96¡pound¡¡weakling¡£¡¨
Reason¡¡No¡£¡¡5¡£¡¡Arrogance¡£¡¡Arrogance¡¡is¡¡ego¡¡plus¡¡ignorance¡£¡¡I¡¡¡¡¡¡¡¡¡¡¡¨What¡¡I¡¡know¡¡makes¡¡me¡¡money¡£¡¡What¡¡I¡¡don't¡¡know¡¡loses¡¡me¡¡money¡£¡¡Every¡¡time¡¡I¡¡have¡¡been¡¡arrogant£»¡¡I¡¡have¡¡lost¡¡money¡£¡¡Because¡¡when¡¡I'm¡¡arrogant£»¡¡I¡¡truly¡¡believe¡¡that¡¡what¡¡I¡¡don't¡¡know¡¡is¡¡not¡¡important£»¡¨¡¡rich¡¡dad¡¡would¡¡often¡¡tell¡¡me¡£
I¡¡have¡¡found¡¡that¡¡many¡¡people¡¡use¡¡arrogance¡¡to¡¡try¡¡to¡¡hide¡¡their¡¡own¡¡ignorance¡£¡¡It¡¡often¡¡happens¡¡when¡¡I¡¡am¡¡discussing¡¡financial¡¡statements¡¡with¡¡accountants¡¡or¡¡even¡¡other¡¡investors¡£
They¡¡try¡¡to¡¡bluster¡¡their¡¡way¡¡through¡¡the¡¡discussion¡£¡¡It¡¡is¡¡clear¡¡to¡¡me¡¡that¡¡they¡¡don't¡¡know¡¡what¡¡they're¡¡talking¡¡about¡£¡¡They're¡¡not¡¡lying£»¡¡but¡¡they¡¡are¡¡not¡¡telling¡¡the¡¡truth¡£
There¡¡are¡¡many¡¡people¡¡in¡¡the¡¡world¡¡of¡¡money£»¡¡finances¡¡and¡¡investments¡¡who¡¡have¡¡absolutely¡¡no¡¡idea¡¡what¡¡they're¡¡talking¡¡about¡£¡¡Most¡¡people¡¡in¡¡the¡¡money¡¡industry¡¡are¡¡just¡¡spouting¡¡off¡¡sales¡¡pitches¡¡like¡¡used¡car¡¡salesmen¡£
When¡¡you¡¡know¡¡you¡¡are¡¡ignorant¡¡in¡¡a¡¡subject£»¡¡start¡¡educating¡¡yourself¡¡by¡¡finding¡¡an¡¡expert¡¡in¡¡the¡¡field¡¡or¡¡find¡¡a¡¡book¡¡on¡¡the¡¡subject¡£
CHAPTER¡¡NINE
Getting¡¡Started
I¡¡wish¡¡I¡¡could¡¡say¡¡acquiring¡¡wealth¡¡was¡¡easy¡¡for¡¡me£»¡¡but¡¡it¡¡wasn't¡£
So¡¡in¡¡response¡¡to¡¡the¡¡question¡¡¡¨How¡¡do¡¡I¡¡start£¿¡¨¡¡I¡¡offer¡¡the¡¡thought¡¡process¡¡I¡¡go¡¡through¡¡on¡¡a¡¡day¡by¡day¡¡basis¡£¡¡It¡¡really¡¡is¡¡easy¡¡to¡¡find¡¡great¡¡deals¡£¡¡I¡¡promise¡¡you¡¡that¡£¡¡It's¡¡just¡¡like¡¡riding¡¡a¡¡bike¡£¡¡After¡¡a¡¡little¡¡wobbling£»¡¡it's¡¡a¡¡piece¡¡of¡¡cake¡£¡¡But¡¡when¡¡it¡¡es¡¡to¡¡money£»¡¡it's¡¡the¡¡determination¡¡to¡¡get¡¡through¡¡the¡¡wobbling¡¡that's¡¡a¡¡personal¡¡thing¡£
To¡¡find¡¡million¡dollar¡¡¡¨deals¡¡of¡¡a¡¡lifetime¡¨¡¡requires¡¡us¡¡to¡¡call¡¡on¡¡our¡¡financial¡¡genius¡£¡¡I¡¡believe¡¡that¡¡each¡¡of¡¡us¡¡has¡¡a¡¡financial¡¡genius¡¡within¡¡us¡£¡¡The¡¡problem¡¡is£»¡¡our¡¡financial¡¡genius¡¡lies¡¡asleep£»¡¡waiting¡¡to¡¡be¡¡called¡¡upon¡£¡¡It¡¡lies¡¡asleep¡¡because¡¡our¡¡culture¡¡has¡¡educated¡¡us¡¡into¡¡believing¡¡that¡¡the¡¡love¡¡of¡¡money¡¡is¡¡the¡¡root¡¡of¡¡all¡¡evil¡£¡¡It¡¡has¡¡encouraged¡¡us¡¡to¡¡learn¡¡a¡¡profession¡¡so¡¡we¡¡can¡¡work¡¡for¡¡money£»¡¡but¡¡failed¡¡to¡¡teach¡¡us¡¡how¡¡to¡¡have¡¡money¡¡work¡¡for¡¡us¡£¡¡It¡¡taught¡¡us¡¡not¡¡to¡¡worry¡¡about¡¡our¡¡financial¡¡future£»¡¡our¡¡pany¡¡or¡¡the¡¡government¡¡would¡¡take¡¡care¡¡of¡¡us¡¡when¡¡our¡¡working¡¡days¡¡are¡¡over¡£¡¡However£»¡¡it¡¡is¡¡our¡¡children£»¡¡educated¡¡in¡¡the¡¡same¡¡school¡¡system£»¡¡who¡¡will¡¡end¡¡up¡¡paying¡¡for¡¡it¡£¡¡The¡¡message¡¡is¡¡still¡¡to¡¡work¡¡hard£»¡¡earn¡¡money¡¡and¡¡spend¡¡it£»¡¡and¡¡when¡¡we¡¡run¡¡short£»¡¡we¡¡can¡¡always¡¡borrow¡¡more¡£
Unfortunately£»¡¡90¡¡percent¡¡of¡¡the¡¡Western¡¡world¡¡subscribes¡¡to¡¡the¡¡above¡¡dogma£»¡¡simply¡¡because¡¡it's¡¡easier¡¡to¡¡find¡¡a¡¡job¡¡and¡¡work¡¡for¡¡money¡£¡¡If¡¡you¡¡are¡¡not¡¡one¡¡of¡¡the¡¡masses£»¡¡I¡¡offer¡¡you¡¡the¡¡following¡¡ten¡¡steps¡¡to¡¡awaken¡¡your¡¡financial¡¡genius¡£¡¡I¡¡simply¡¡offer¡¡you¡¡the¡¡steps¡¡I¡¡have¡¡personally¡¡followed¡£¡¡¡¡If¡¡you¡¡want¡¡to¡¡follow¡¡some¡¡of¡¡them£»¡¡great¡£¡¡If¡¡you¡¡don't£»¡¡make¡¡up¡¡your¡¡own¡£¡¡Your¡¡financial¡¡genius¡¡is¡¡smart¡¡enough¡¡to¡¡develop¡¡its¡¡own¡¡list¡£
While¡¡in¡¡Peru£»¡¡with¡¡a¡¡gold¡¡miner¡¡of¡¡45¡¡years£»¡¡I¡¡asked¡¡him¡¡how¡¡he¡¡was¡¡so¡¡confident¡¡about¡¡finding¡¡a¡¡gold¡¡mine¡£¡¡He¡¡replied£»¡¡¡¨There¡¡is¡¡gold¡¡everywhere¡£¡¡Most¡¡people¡¡are¡¡not¡¡trained¡¡to¡¡see¡¡it¡£¡¨
And¡¡I¡¡would¡¡say¡¡that¡¡is¡¡true¡£¡¡In¡¡real¡¡estate£»¡¡I¡¡can¡¡go¡¡out¡¡and¡¡in¡¡a¡¡day¡¡e¡¡up¡¡with¡¡four¡¡or¡¡five¡¡great¡¡potential¡¡deals£»¡¡while¡¡the¡¡average¡¡person¡¡will¡¡go¡¡out¡¡and¡¡find¡¡nothing¡£¡¡¡¡Even¡¡looking¡¡in¡¡the¡¡same¡¡neighborhood¡£¡¡The¡¡reason¡¡is¡¡they¡¡have¡¡not¡¡taken¡¡the¡¡time¡¡to¡¡develop¡¡their¡¡financial¡¡genius¡£
I¡¡offer¡¡you¡¡the¡¡following¡¡ten¡¡steps¡¡as¡¡a¡¡process¡¡to¡¡develop¡¡your¡¡God¡given¡¡powers¡£¡¡Powers¡¡only¡¡you¡¡have¡¡control¡¡over¡£
1¡£¡¡¡¡I¡¡NEED¡¡A¡¡REASON¡¡GREATER¡¡THAN¡¡REALITY£º¡¡The¡¡power¡¡of¡¡spirit¡£¡¡¡¡If¡¡you¡¡ask¡¡most¡¡people¡¡if¡¡they¡¡would¡¡like¡¡to¡¡be¡¡rich¡¡or¡¡financially¡¡free£»¡¡they¡¡would¡¡say¡¡¡¨yes¡£¡¨¡¡But¡¡then¡¡reality¡¡sets¡¡in¡£¡¡The¡¡road¡¡seems¡¡too¡¡long¡¡with¡¡too¡¡many¡¡hills¡¡to¡¡climb¡£¡¡It's¡¡easier¡¡to¡¡¡¡¡¡¡¡¡¡just¡¡work¡¡for¡¡money¡¡and¡¡hand¡¡the¡¡excess¡¡over¡¡to¡¡your¡¡broker¡£¡¡I¡¡once¡¡met¡¡a¡¡young¡¡woman¡¡who¡¡had¡¡dreams¡¡of¡¡swimming¡¡for¡¡the¡¡U¡£S¡¡Olympic¡¡team¡£¡¡The¡¡reality¡¡was£»¡¡she¡¡had¡¡to¡¡get¡¡up¡¡every¡¡morning¡¡at¡¡4¡¡a¡£m¡£¡¡to¡¡swim¡¡for¡¡three¡¡hours¡¡before¡¡going¡¡to¡¡school¡£¡¡She¡¡did¡¡not¡¡party¡¡with¡¡her¡¡friends¡¡on¡¡Saturday¡¡night¡£¡¡¡¡She¡¡had¡¡to¡¡study¡¡and¡¡keep¡¡her¡¡grades¡¡up£»¡¡just¡¡like¡¡everyone¡¡else¡£
When¡¡I¡¡asked¡¡her¡¡what¡¡pelled¡¡her¡¡with¡¡such¡¡super¡human¡¡ambition¡¡and¡¡sacrifice£»¡¡she¡¡simply¡¡said£»¡¡¡¨I¡¡do¡¡it¡¡for¡¡myself¡¡and¡¡the¡¡people¡¡I¡¡love¡£¡¡It's¡¡love¡¡that¡¡gets¡¡me¡¡over¡¡the¡¡hurdles¡¡and¡¡sacrifices¡£¡¨
A¡¡reason¡¡or¡¡a¡¡purpose¡¡is¡¡a¡¡bination¡¡of¡¡¡¨wants¡¨¡¡and¡¡¡¨don't¡¡wants¡£¡¨¡¡When¡¡people¡¡ask¡¡me¡¡what¡¡my¡¡reason¡¡for¡¡wanting¡¡to¡¡be¡¡rich¡¡is£»¡¡it¡¡is¡¡a¡¡bination¡¡of¡¡deep¡¡emotional¡¡¡¨wants¡¨¡¡and¡¡¡¨don't¡¡wants¡£¡¨
I¡¡will¡¡list¡¡a¡¡few¡£¡¡First¡¡the¡¡¡¨don't¡¡wants£»¡¨¡¡for¡¡they¡¡create¡¡the¡¡¡¨wants¡£¡¨¡¡I¡¡don't¡¡want¡¡to¡¡work¡¡all¡¡my¡¡life¡£¡¡¡¡I¡¡don't¡¡want¡¡what¡¡my¡¡parents¡¡aspired¡¡for£»¡¡which¡¡was¡¡job¡¡security¡¡and¡¡a¡¡house¡¡in¡¡the¡¡suburbs¡£¡¡¡¡I¡¡don't¡¡like¡¡being¡¡an¡¡employee¡£¡¡I¡¡hated¡¡that¡¡my¡¡dad¡¡always¡¡missed¡¡my¡¡football¡¡games¡¡because¡¡he¡¡was¡¡so¡¡busy¡¡working¡¡on¡¡his¡¡career¡£¡¡¡¡I¡¡hated¡¡it¡¡when¡¡my¡¡dad¡¡worked¡¡hard¡¡all¡¡his¡¡life¡¡and¡¡the¡¡government¡¡took¡¡most¡¡of¡¡what¡¡he¡¡worked¡¡for¡¡at¡¡his¡¡death¡£¡¡He¡¡could¡¡not¡¡even¡¡pass¡¡on¡¡what¡¡he¡¡worked¡¡so¡¡hard¡¡for¡¡when¡¡he¡¡died¡£¡¡The¡¡rich¡¡don't¡¡do¡¡that¡£¡¡They¡¡work¡¡hard¡¡and¡¡pass¡¡it¡¡on¡¡to¡¡their¡¡children¡£
Now¡¡the¡¡wants¡£¡¡¡¡I¡¡want¡¡to¡¡be¡¡free¡¡to¡¡travel¡¡the¡¡world¡¡and¡¡live¡¡in¡¡the¡¡lifestyle¡¡I¡¡love¡£¡¡I¡¡want¡¡to¡¡be¡¡young¡¡when¡¡I¡¡do¡¡this¡£¡¡I¡¡want¡¡to¡¡simply¡¡be¡¡free¡£¡¡I¡¡want¡¡control¡¡over¡¡my¡¡time¡¡and¡¡my¡¡life¡£¡¡¡¡I¡¡want¡¡money¡¡to¡¡work¡¡for¡¡me¡£
Those¡¡are¡¡my¡¡deep¡seated£»¡¡emotional¡¡reasons¡£¡¡What¡¡are¡¡yours£¿¡¡If¡¡they¡¡are¡¡not¡¡strong¡¡enough£»¡¡then¡¡the¡¡reality¡¡of¡¡the¡¡road¡¡ahead¡¡may¡¡be¡¡greater¡¡than¡¡your¡¡reasons¡£¡¡I¡¡have¡¡lost¡¡money¡¡and¡¡been¡¡set¡¡back¡¡many¡¡times£»¡¡but¡¡it¡¡was¡¡the¡¡deep¡¡emotional¡¡reasons¡¡that¡¡kept¡¡me¡¡standing¡¡up¡¡and¡¡going¡¡forward¡£¡¡I¡¡wanted¡¡to¡¡be¡¡free¡¡by¡¡age¡¡40£»¡¡but¡¡it¡¡took¡¡me¡¡until¡¡I¡¡was¡¡4£¿¡¡with¡¡many¡¡learning¡¡experiences¡¡along¡¡the¡¡way¡£
As¡¡I¡¡said£»¡¡I¡¡wish¡¡I¡¡could¡¡say¡¡it¡¡was¡¡easy¡£¡¡It¡¡wasn't£»¡¡but¡¡it¡¡wasn't¡¡hard¡¡either¡£¡¡But¡¡without¡¡a¡¡strong¡¡reason¡¡or¡¡purpose£»¡¡anything¡¡in¡¡life¡¡is¡¡hard¡£
IF¡¡YOU¡¡DO¡¡NOT¡¡HAVE¡¡A¡¡STRONG¡¡REASON£»¡¡THERE¡¡IS¡¡NO¡¡SENSE¡¡READING¡¡FURTHER¡£¡¡IT¡¡WILL¡¡SOUND¡¡LIKE¡¡TOO¡¡MUCH¡¡WORK¡£
2¡£¡¡I¡¡CHOOSE¡¡DAILY£º¡¡The¡¡power¡¡of¡¡choice¡£¡¡That¡¡is¡¡the¡¡main¡¡reason¡¡people¡¡want¡¡to¡¡live¡¡in¡¡a¡¡free¡¡country¡£¡¡We¡¡want¡¡the¡¡power¡¡to¡¡choose¡£
Financially£»¡¡with¡¡every¡¡dollar¡¡we¡¡get¡¡in¡¡our¡¡hands£»¡¡we¡¡hold¡¡the¡¡power¡¡to¡¡choose¡¡our¡¡future¡¡to¡¡be¡¡rich£»¡¡poor¡¡or¡¡middle¡¡class¡£¡¡¡¡Our¡¡spending¡¡habits¡¡reflect¡¡who¡¡we¡¡are¡£¡¡¡¡Poor¡¡people¡¡simply¡¡have¡¡poor¡¡spending¡¡habits¡£
The¡¡benefit¡¡I¡¡had¡¡as¡¡a¡¡boy¡¡was¡¡that¡¡I¡¡loved¡¡playing¡¡Monopoly¡¡constantly¡£¡¡¡¡Nobody¡¡told¡¡me¡¡Monopoly¡¡was¡¡only¡¡for¡¡kids£»¡¡so¡¡I¡¡just¡¡kept¡¡playing¡¡the¡¡game¡¡as¡¡an¡¡adult¡£¡¡I¡¡also¡¡had¡¡a¡¡rich¡¡dad¡¡who¡¡pointed¡¡out¡¡to¡¡me¡¡the¡¡difference¡¡between¡¡an¡¡asset¡¡and¡¡a¡¡liability¡£¡¡¡¡So¡¡a¡¡long¡¡time¡¡ago£»¡¡as¡¡a¡¡little¡¡boy£»¡¡I¡¡chose¡¡to¡¡be¡¡rich£»¡¡and¡¡I¡¡knew¡¡that¡¡all¡¡I¡¡had¡¡to¡¡do¡¡was¡¡learn¡¡to¡¡acquire¡¡assets£»¡¡real¡¡assets¡£¡¡My¡¡best¡¡friend£»¡¡Mike£»¡¡had¡¡an¡¡asset¡¡column¡¡handed¡¡to¡¡him£»¡¡but¡¡he¡¡still¡¡had¡¡to¡¡choose¡¡to¡¡learn¡¡to¡¡keep¡¡it¡£¡¡Many¡¡rich¡¡families¡¡lose¡¡their¡¡assets¡¡in¡¡the¡¡next¡¡generation¡¡simply¡¡because¡¡there¡¡was¡¡no¡¡one¡¡trained¡¡to¡¡be¡¡a¡¡good¡¡steward¡¡over¡¡their¡¡assets¡£
Most¡¡people¡¡choose¡¡not¡¡to¡¡be¡¡rich¡£¡¡For¡¡90¡¡percent¡¡of¡¡the¡¡population£»¡¡being¡¡rich¡¡is¡¡¡¨too¡¡much¡¡of¡¡a¡¡hassle¡£¡¨¡¡¡¡So¡¡they¡¡invent¡¡sayings¡¡that¡¡go£»¡¡¡¨I'm¡¡not¡¡interested¡¡in¡¡money¡£¡¨¡¡¡¡Or¡¡¡¨I'll¡¡never¡¡be¡¡rich¡£¡¨¡¡Or¡¡¡¨I¡¡don't¡¡have¡¡to¡¡worry£»¡¡I'm¡¡still¡¡young¡£¡¨¡¡¡¡Or¡¡¡¨When¡¡I¡¡make¡¡some¡¡money£»¡¡then¡¡I'll¡¡think¡¡about¡¡my¡¡future¡£¡¨¡¡¡¡Or¡¡¡¨My¡¡husband/wife¡¡handles¡¡the¡¡finances¡£¡¨¡¡The¡¡problem¡¡with¡¡those¡¡statements¡¡is¡¡they¡¡rob¡¡the¡¡person¡¡who¡¡chooses¡¡to
¡¡
think¡¡such¡¡thoughts¡¡of¡¡two¡¡things£º¡¡one¡¡is¡¡time£»¡¡which¡¡is¡¡your¡¡most¡¡precious¡¡asset£»¡¡and¡¡two¡¡is¡¡learning¡£¡¡Just¡¡because¡¡you¡¡have¡¡no¡¡money£»¡¡should¡¡not¡¡be¡¡an¡¡excuse¡¡to¡¡not¡¡learn¡£¡¡But¡¡that¡¡is¡¡a¡¡choice¡¡we¡¡all¡¡make¡¡daily£»¡¡the¡¡choice¡¡of¡¡what¡¡we¡¡do¡¡with¡¡our¡¡time£»¡¡our¡¡money¡¡and¡¡what¡¡we¡¡put¡¡in¡¡our¡¡heads¡£¡¡That¡¡is¡¡the¡¡power¡¡of¡¡choice¡£¡¡All¡¡of¡¡us¡¡have¡¡choice¡£¡¡I¡¡just¡¡choose¡¡to¡¡be¡¡rich£»¡¡and¡¡I¡¡make¡¡that¡¡choice¡¡every¡¡day¡£
INVEST¡¡FIRST¡¡IN¡¡EDUCATION£º¡¡¡¡In¡¡reality£»¡¡the¡¡only¡¡real¡¡asset¡¡you¡¡have¡¡is¡¡your¡¡mind£»¡¡the¡¡most¡¡powerful¡¡tool¡¡we¡¡have¡¡dominion¡¡over¡£¡¡Just¡¡as¡¡I¡¡said¡¡about¡¡the¡¡power¡¡of¡¡choice£»¡¡each¡¡of¡¡us¡¡has¡¡the¡¡choice¡¡of¡¡what¡¡we¡¡put¡¡in¡¡our¡¡brain¡¡once¡¡we're¡¡old¡¡enough¡£¡¡You¡¡can¡¡watch¡¡MTV¡¡all¡¡day£»¡¡or¡¡read¡¡golf¡¡magazines£»¡¡or¡¡go¡¡to¡¡ceramics¡¡class¡¡or¡¡a¡¡class¡¡on¡¡financial¡¡planning¡£¡¡You¡¡choose¡£¡¡Most¡¡people¡¡simply¡¡buy¡¡investments¡¡rather¡¡than¡¡
first¡¡invest¡¡in¡¡learning¡¡about¡¡investing¡£
A¡¡friend¡¡of¡¡mine£»¡¡who¡¡is¡¡a¡¡rich¡¡woman£»¡¡recently¡¡had¡¡her¡¡apartment¡¡burglarized¡£¡¡The¡¡thieves¡¡took¡¡her¡¡TV¡¡and¡¡VCR¡¡and¡¡left¡¡all¡¡the¡¡books¡¡she¡¡reads¡£¡¡And¡¡we¡¡all¡¡have¡¡that¡¡choice¡£¡¡Again£»¡¡90¡¡percent¡¡of¡¡the¡¡population¡¡buys¡¡TV¡¡sets¡¡and¡¡only¡¡about¡¡10¡¡percent¡¡buy¡¡books¡¡on¡¡business¡¡or¡¡tapes¡¡on¡¡investments¡£
So¡¡what¡¡do¡¡I¡¡do£¿¡¡I¡¡go¡¡to¡¡seminars¡£¡¡I¡¡like¡¡it¡¡when¡¡they¡¡are¡¡at¡¡least¡¡two¡¡days¡¡long¡¡because¡¡I¡¡like¡¡to¡¡immerse¡¡myself¡¡in¡¡a¡¡subject¡£¡¡In¡¡1973£»¡¡I¡¡was¡¡watching¡¡TV¡¡and¡¡this¡¡guy¡¡came¡¡on¡¡advertising¡¡a¡¡three¡day¡¡seminar¡¡on¡¡how¡¡to¡¡buy¡¡real¡¡estate¡¡for¡¡nothing¡¡down¡£¡¡I¡¡spent¡¡385¡¡and¡¡that¡¡course¡¡has¡¡made¡¡me¡¡at¡¡least¡¡2¡¡million£»¡¡if¡¡not¡¡more¡£¡¡But¡¡more¡¡importantly£»¡¡it¡¡bought¡¡me¡¡life¡£¡¡I¡¡don't¡¡have¡¡to¡¡work¡¡for¡¡the¡¡rest¡¡of¡¡my¡¡life¡¡because¡¡of¡¡that¡¡one¡¡course¡£¡¡I¡¡go¡¡to¡¡at¡¡least¡¡two¡¡such¡¡courses¡¡every¡¡year¡£
I¡¡love¡¡audio¡¡tapes¡£¡¡The¡¡reason£º¡¡I¡¡can¡¡rewind¡¡quickly¡£¡¡I¡¡was¡¡listening¡¡to¡¡a¡¡tape¡¡by¡¡Peter¡¡Lynch£»¡¡and¡¡he¡¡said¡¡something¡¡I¡¡pletely¡¡disagreed¡¡with¡£¡¡¡¡Instead¡¡of¡¡bei