Interview on CNBC with Warren Buffet
There was a one hour interview on CNBC with Warren Buffet, the second richest man who has donated $31 billion to charity. Here are some very interesting aspects of his life:
Ten Money Principles“Money doesn’t grow on trees” my father said. And that was one of many inadequate teachings deposited into my mind about wealth. Well, it doesn’t fall out of the sky either but that did not explain how some people have it and some don’t. But this will explain it; Money is energy and wealth is accumulated energy.
Putting Money Into RRSPs & Paying Extra On Your Mortgage Will Not Make You RichHave you ever wondered if you’re on the right path? With the insights you are about to gain, I hope you will choose not to always follow the crowd (and accepted wisdom), but to find the best path for your journey towards financial independence. For the first step on that journey, let’s take a look at the two places most Canadians accumulate the most money:
The Wealth Practicum – Wealth Creation for the Common ManA Practicum is the practical application of theory to produce a tangible, measurable result. The wealthy throughout history have applied some very specific tools, techniques and disciplines to achieve and grow their financial success. We have an opportunity to learn and apply these principles today to create real, lasting abundance and freedom for ourselves — regardless of age, experience, background or education.
The Five Types of Financial Partners You Must AvoidChoosing financial partners (such as brokers and investment advisors) wisely will make the difference between early retirement and working in your eighties. See what not to do!
Concept of WealthWealth is a state of well-being in every area of your life that brings about fulfillment. If you acquire so much money, and it does not bring you to a state of well-being in every area of your life, then you are far from being wealthy.
Creating a Wealth Conscious Mind SetTo create a wealthy life style you have to create the correct mind set to get you there. This will give you the clues that you will need
Rules that Guarantee Financial IndependenceThis article offers a step by step process that guarantees financial independence for salespeople or anyone who is willing to follow a discipline. Don’t be old and poor! Follow the rules.
Impact of the Dollar DeclineIt is hard for most Americans to get a grasp on what has been happening with the dollar. It’s not like the stock market where its price is quoted on the nightly news. Now if you frequently travel abroad – you have a better understanding. Your dollar buys less stuff every time step off the plane, but that’s a relatively small number of people. Regardless to what Bernanke says about inflation – people are quite aware that prices are going up more than 2-3%. However, most have not connected the dots.
He Got 2 Million Dollars, But Was He RICH?The story of what happens when you receive a vast fortune and are not prepared for it.
$5,450,471 from $5,000 – A Lesson in PatienceI know this sounds too good too be true, but it is possible over time. Learn how a single investment of $5,000 could have grown to over 5 million dollars.
The Simple Way to Get a MillionHaving a million dollars isn’t just a dream. You may think that the only way to get there is to win the lottery; however, becoming a millionaire isn’t as difficult as you may think. The million is there for anyone who is willing to work for it.
The Cycle of Wealth BuildingThere are foundational principles that rule the cycle of wealth building whether you build your wealth on stock market, home loans, or any other type of real estate investment. Many who are new to wealth building are often not aware of, or not disciplined to follow the principles for building wealth. The formula for building wealth is straight forward 1) make more, 2) spend less, 3) start early and 4) manage the risks. The cycle of wealth building consists of phases of goal setting, planning and execution.
Importance Of Transparency In Financial ReportingNo one can ignore the importance of transparency in financial reporting, because people make big decisions regarding the investments based on financial reporting. Every investor wishes that he should be able to get more, better and transparent information about the financial data of the company.
A Quick Primer on How to Save MoneyEverybody wants to get rich. However, not everyone will get rich because of the simple fact that not too many people know how to save. Being able to gain riches is all depends on how you can build wealth. And building wealth all depends on how much you can save. If you’re looking for tips on how to save money, and build wealth, then here are a few tips to help you on your way.
