Rich people: fortunate, lucky, selfish, and arrogant? Or highly educated, caring, brilliant individuals? Becoming rich isn't hard, but it does require a bit of time and knowledge. Having time to get rich, educating oneself, and buying assets are the three key factors in attaining untold wealth.
Rich people usually either have or make time to get rich. Most people that now own huge mansions, have wonderful riches, and drive the nicest cars usually begin taking the road to riches in their spare time. One plan, the most common, is to work at a low-risk, steady job until one has enough money to invest in something that will feed one for the rest of their life. But before one can invest in anything, one first has to educate oneself.
Although the best way to educate oneself in a particular investment is to have a mentor, and thereby gaining valuable hands-on experience, another excellent way to do this is to listen to tapes and CDs and to read books on the subject. I have done both, mainly pertaining to real estate, but also I have read a wonderful book about making money on the Internet, called Multiple Streams of Internet Income, by Robert Allen.
Lastly, after creating time to get rich, and educating oneself, one simply MUST buy assets that will create money for one, and not liabilities and toys such as a new car every other year, and boats. These come only after one can prove that he is capable of handling and keeping money. Simply put, according to multi-millionaire Robert Kiyosaki: "Assets will feed you, and liabilities will eat you." An example of an asset is a rent-house, or stocks and bonds in a certain company. Only, that is, if the company is good and the stocks are ultimately going up in value.
In conclusion, we see that the three most important ways the rich keep getting richer are: having or making time, subject education, and buying assets. These are the key factors influencing wealth. I personally plan on educating myself in real estate, as it seems the simplest and safest way of getting rich.**
**Note: If you'd like to use this article, feel free to do so, but please remember to include this message, and my resource box in every copy. Thank you!
Aaron Kater has been writing articles for quite a while, and has his own weekly newsletter, Katerzine! If you'd like to subscribe, please visit his website at www.aaronkater.4t.com, or send him an email at aaron_kater@yahoo.com
![]() Google News Updated : Thu, 24 Jul 2008 06:51:44 GMT "X-Files" movie both satisfies and disappoints - Seattle Times Seattle Times - Mulder and Scully are together again in "X-Files: I Want to Believe." The story may be silly, but the agents' romance is compelling as ever. The X-Files: I Want to Believe AU Review Scully have I loved Publ.Date : Thu, 24 Jul 2008 06:01:06 GMT Bashir Visits Darfur, Pledges Sudan Will Protect Relief Workers - Bloomberg
Bloomberg - By Paul Tighe July 24 (Bloomberg) -- Sudan's President Umar al-Bashir, indicted by the International Criminal Court for alleged war crimes in the Darfur conflict, visited the region yesterday and pledged to provide security for international relief ... Bashir returns to Darfur How Sudan Was Brought to Court Publ.Date : Thu, 24 Jul 2008 02:39:29 GMT Obama lavished with airtime -- and criticism - Los Angeles Times
Los Angeles Times - As the media moves to correct itself for glowing coverage of the Democrat, it's entering a period of shallow analysis. By ON THE MEDIA, JAMES RAINEY It seems like just about everybody has spent the last week beating up on the media for showering too ... Veterans group hits McCain on troop pullout 'Generation Gap' Widens in the 2008 Electorate Publ.Date : Thu, 24 Jul 2008 05:43:11 GMT Powerful quake injures 92 in Japan - CNN
CNN - (CNN) -- A strong earthquake injured 92 people and destroyed 31 buildings in northern Japan on Thursday, authorities said. People at an auto dealership in Karumai, Japan, clean up glass shards after a strong earthquake Thursday. Japan's North Hit by Magnitude-6.8 Quake; 95 Injured (Update3) Powerful earthquake hits Japan, dozens injured Publ.Date : Thu, 24 Jul 2008 04:51:37 GMT Dynamo top United at soggy RFK - MLS - Major League Soccer
MLS - Major League Soccer - By Charles Boehm / MLSnet.com Staff WASHINGTON -- After two aborted tries on previous dates, DCUnited and the Houston Dynamo finally completed the first of their two league meetings on Wednesday night -- and some of Thursday morning, ... Mullan, Ching power Dynamo over DC United 2-0 Dynamo outlasts United despite lengthy delay Publ.Date : Thu, 24 Jul 2008 05:07:00 GMT Pittsburgh Cancer Center Warns of Cell Phone Risks - ABC News
ABC News - By JENNIFER C. YATES and SETH BORENSTEIN AP Writers AP The head of a prominent cancer research institute issued an unprecedented warning to his faculty and staff Wednesday: Limit cell phone use because of the possible risk of cancer. Red alert! The cellphone warning has been issued Pittsburgh cancer center warns of cell phone risks Publ.Date : Thu, 24 Jul 2008 00:01:03 GMT Oklahoma determined to have a strong finish - Fort Worth Star Telegram
Fort Worth Star Telegram - By MIKE JONES "Our whole mentality now is WTLG [win the last game]," Harris said Wednesday. "Come out and finish. It’s national championship or bust. Sooner, the better Players put success on Stoops Publ.Date : Thu, 24 Jul 2008 05:03:29 GMT Increased Web Site Traffic |
PARLOT::Ebooks, Scripts,
Websites, and more... Jim Miller is a registered investment advisor. This means that... Read More "Financial planners are like dentists: they may occasionally inflict pain,... Read More Investing and Trading are not the same thing. The returns... Read More Q: My youngest son wants to borrow $5,000 to start... Read More Stock trading strategies are as rampant today, as they were... Read More Death and taxes! The certainties of life! And then, of... Read More Do you think you need an Investment Advisor? Hold on... Read More Non-indexed mutual funds try to keep it secret that actively... Read More As a followup to a previous column, "Irreconcilable Differences," I... Read More The Nature of Penny StocksFor anyone new to investing in... Read More Asset allocation is a critical component of investing success. Both... Read More In part 1 of this article I started to look... Read More It is a common question when investors review their retirement... Read More Are you ready to open your pathway to financial independence?Well... Read More Need some insight on what you should really be striving... Read More As a precious metals investor, you may heard much about... Read More They call 'em ETFs.There are hundreds of them.The mutual funds... Read More Many investors think that investing in mutual funds is free.... Read More The Value of Gold in a Era of Paper Assets,... Read More Let me start by answering that question...if an annuity fits... Read More This column has often focused on intangible investments like stocks... Read More When thinking about the investors business daily responsibilities in today’s... Read More What are the risks?Today, investors are increasingly turning to global... Read More If you are interested in stock investing and the stock... Read More By definition, value investing is the process of selecting stocks... Read More
Adsense
websites
Retire Dollar Smart
Financial Planners
The Difference Between Investing and Trading
Investing In Sons Business Could Cause A Real Family Feud
Investing Psychology Today Requires All Traders to Awaken Their Speculator Minds
An Old Dividend Stock Investment Idea, for a New Generation
How To Find An Investment Advisor
Mutual Fund Selection Made Simple By Indexing!
Find Your Investing Soulmate on the Jersey Turnpike
Penny Stock Investing
Asset Allocation: Critical to Your Investment Success
Trading For A Living - Part 2
Justify Social Security ... Dont Save for Retirement
When It Comes To Investing, Asking The Right Questions Can Help You Make The Right Decisions
Four Key Components To Building A Trading System
Numismatics are for Collectors, Not Investors
Exchange Traded Funds
Invisible Mutual Fund Fees Erode Your Returns!
Why You Need To Buy and Sell Gold Coins (Part 1)
Should You Put Your Annuity in an IRA?
Buying a Home - Your BIGGEST Investment
Critical Investors Business Daily Responsibilities - If not Followed Could Cost You Millions!
Advice for International Investors on How to Safeguard Their Profits
Bearish or Bullish?
Value Investing
As far as traders go, many do not see the... Read More
Location ? Once the holy grail only for real estate... Read More
Leaders are stocks that breakout immediately when the market confirms... Read More
Here are ten more WISDOM packed GEMS that ooffer very... Read More
The Foreign Exchange Market, better known as FOREX, is a... Read More
The forex market is what is called an international exchange... Read More
Upper Saddle River, N.J. - May 11, 2005 - Now... Read More
There is a tremendous amount of software, complicated high priced... Read More
Press releases are a means through which companies can keep... Read More
There has been much talk lately about Coca-Cola and its... Read More
Despite what some people may lead you to believe; day... Read More
The cries are heard from the distance, "I need help... Read More
If you are looking for a safe investment and you... Read More
Do you have the right temperament?Starting a small business is... Read More
I've been in and interested in the stock market so... Read More
If it seems... Read More
In this day and age of online brokers for virtually... Read More
Today, I am going to start a multi-part series about... Read More
All this talk about Investing is encouraging lately. Over the... Read More
What is an Angel Investor? An Angel is usually a... Read More
Need some insight on what you should really be striving... Read More
One important aspect of trading the markets is to understand... Read More
Pre-1933 Gold Outperforms Today's Gold Bullion...Since 1970, an investment strategy... Read More
Motivational guru Tony Robbins teaches that the reason for doing... Read More
Investing and Trading are not the same thing. The returns... Read More
Investing |