Many are
the friends of the rich, quite few or less do not wish to be attached to the
poor. The widening gap between the rich and poor cannot be overemphasized. The difference
is great and really deserves insight into the two rivals.
Being rich
give the impression of affluence, wealth, and prestige, while these favours
shower on the rich, one should not fail to realize the opposite.
Learn From The Past
In 1923 a
group of our greatest leaders and richest held a meeting at the Edgewater Beach
hotel in Chicago. Among them were Charles Schwab, head of largest independent steel
company; Richard Whitney, president of the New York Stock Exchange; Arthur
Cotton and Jesse Livermore, two of the biggest stock speculators; and Albert Fall,
a member of President Harding’s Cabinet and a host of others . Twenty years later, 5 (five) of these rich men, Charles Schwab died broke and penniless after living for five years
on borrowed money. Arthur Cotton died broke. Richard Whitney and Albert Fall
were just released from prison. Jesse Livermore committed suicide.
If you
traced the end of these men, you would remember the Great Depression and the
market crash in 1929 which must have had a great impact on these men.
Facing Reality
Most
people fail to realize that in life, it’s not how much money you make, it’s how
much money you keep. We have all heard stories of lottery winners who became poor,
then suddenly rich, then poor again. They win millions and are soon back to the
grass.
I well
know so many people who are becoming instant millionaires. It’s the Roaring '20s
one more time. While it good news to hear people getting richer and richer, but
in the long run, it’s not how much you keep, and how many generations you keep
it. But it is YOU.
The Truth
Money is
not real, in fact it’s a visitor that comes into your home and must leave. So
have a balanced view of your riches, be flexible and keep an open mind and learn.
Also, realize money cannot solve all problems, if you ever thought so, you are
being misled.
Think not
money but your brain power to create more investment and valuable treasures.
Please
post your comment below, We will be glad you did.
0 comments:
Post a Comment