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My friends, whom I know are in dire straits... |
1st September 2010, 23:17 |
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My friends, whom I know are in dire straits financially, do not like talking about money, business or investingThey often think it rude or unintellectualSo I also learn from my friends who struggle financiallyI find out what not to do
I have several friends who have generated over a billion dollars in their short lifetimesThe three of them report the same phenomenon: Their friends who have no money have never come to them to ask them how they did itBut they do come asking for one of two things, or both: 1
A WARNING: Don't listen to poor or frightened peopleI have such friends, and I love them dearly, but they are the "Chicken Littles" of life When it comes to money, especially investments, "The dolce and gabbana handbag sky is always falling They can always tell you why something won't workThe problem is, people listen to them, but people who blindly accept doom-and-gloom information are also "Chicken Littles As that old saying goes, "Chickens of a feather agree together
If you watch CNBC, which is a goldmine of investment information, they often have a panel of so-called "experts One expert will say the market is going to crash, and the other will say it's going to boomIf you're smart, you listen to bothKeep your mind open because both have valid pointsUnfortunately, most poor people listen to "Chicken Little
I have had more close friends try to talk me out of a deal or an investmentA few years ago, a friend told chanel classic bags me he was excited because he found a 6 percent certificate of depositI told him I earn 16 percent from the state governmentThe next day he sent me an article about why my investment was dangerousI have received 16 percent for years now, and he still receives 6 percent
I would say that one of the hardest things about wealth building is to be true to yourself and be willing to not go along with the crowdFor in the market, it is usually the crowd that shows up late and is slaughteredIf a great deal is on the front page, it's too late in most instancesAs we used to say as surfers: "There is always another wave People who hurry and catch a wave late usually are the ones who wipe out
Smart investors chanel handbags on sale don't time marketsIf they miss a wave, they search
for the next one and get themselves in positionWhy this is hard for most investors is because buying what is not popular is frightening to themTimid investors are like sheep going along with the crowdOr their greed gets them in when wise investors have already taken their profits and moved onWise investors buy an investment when it's not popularThey know their profits are made when they buy, not when they sellAs I said, they do not time the marketJust like a surfer, they get in position for the next big swell
It's all "insider trading There are forms of insider trading that are illegal, and there are forms of insider trading that are legalBut either chloe white way, it's insider tradingThe only distinction is how far away from the inside are you? The reason you want to have rich friends who are close to the inside is because that is where the money is madeIt's made on informationYou want to hear about the next boom, get in and get out before the next bustI'm not saying do it illegally, but the sooner you know, the better your chances are for profits with minimal riskThat is what friends are forAnd that is financial intelligenceMASTER A FORMULA AND THEN LEARN A NEW ONE: The power of learning quicklyIn order to make bread, every baker follows a recipe, even if it's only held in their headThe same is true for making moneyThat's why money is often called discount tiffany's necklace "doug |
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Susan and an attendant girl, whose... |
1st September 2010, 23:04 |
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Susan and an attendant girl, whose inferior
appearance informed -bleep-, to her great surprise, that she had previously
seen the upper servant, brought in everything necessary for
the meal; Susan looking, as she put the kettle on the fire and glanced
at her sister, as if divided between the agreeable triumph of shewing
her activity and usefulness, and the dread of being thought to demean
herself by such an office?She had been into the kitchen,? she
said, ?to hurry Sally and help make the toast, and spread the bread
and butter, or she did not know when they should have got tea, and
she was sure her sister must want something after her journey
-bleep- was very thankfulShe could not but own that she should
be very glad of a little tea, and Susan immediately set about making
it, as if pleased to have the employment all to herself; and with only
a little unnecessary bustle, and some few injudicious attempts at
334
Mansfield Park
keeping her brothers in better order than she could, acquitted herself
very wellFanny?s spirit was as much refreshed as her body; her
head and heart were soon the better for such well-timed kindness
Susan had an open, sensible countenance; she was like William,
and -bleep- hoped to find her like him in disposition and goodwill
towards herself
In this more placid state of things William reentered, followed
not far behind by his mother and BetseyHe, complete in his
lieutenant?s uniform, looking and moving all the taller, firmer, and
more graceful for it, and with the chanel bags pink happiest smile over his face, walked
up directly to -bleep-, who, rising from her seat, looked at him for a
moment in speechless admiration, and then threw her arms round
his neck to sob out her various emotions of pain and pleasure
Anxious not to appear unhappy, she soon recovered herself; and
wiping away her tears, was able to notice and admire all the striking
parts of his dress; listening with reviving spirits to his cheerful hopes
of being on shore some part of every day before they sailed, and
even of getting her to Spithead to see the sloop
The next bustle brought in MrCampbell, the surgeon of the
Thrush, a very well-behaved young man, who came to call for his
friend, and for whom there was with some contrivance found a chair,
and with some hasty washing of the young tea-maker?s, a cup and
saucer; and after another quarter of an hour of earnest talk between
the gentlemen, noise rising upon noise, and bustle upon bustle, men
and boys at last all in motion together, the moment came for setting
off; everything was ready, William took leave, and all of them were
gone; for the three boys, in spite of their mother?s entreaty, determined
to see their brother and MrCampbell to the sally-port; and
MrPrice walked off at the same time to carry back his neighbour?s
newspaper
Something like tranquillity might now be hoped for; and accordingly,
when Rebecca had been prevailed on to carry away the teathings,
and MrsPrice had walked about the room some time looking
for a shirt-sleeve, which chanel jumbo flap Betsey at last hunted out from a drawer
in the kitchen, the small party of females were pretty well composed,
and the mother having lamented again over the impossibility
of getting Sam ready in time, was at leisure to think of her eldest
335
Jane Austen
daughter and the friends she had come from
A few inquiries began: but one of the earliest??How did sister
Bertram manage about her servants? ?Was she as much plagued as
herself to get tolerable servants???soon led her mind away from
Northamptonshire, and fixed it on her own domestic grievances, and
the shocking character of all the Portsmouth servants, of whom she
believed her own two were the very worst, engrossed her completely
The Bertrams were all forgotten in detailing the faults of Rebecca,
against whom Susan had also much to depose, and little Betsey a
great deal more, and who did seem so thoroughly without a single
recommendation, that -bleep- could not help modestly presuming that
her mother meant to part with her when her year was up
?Her year!? cried MrsPrice; ?I am sure I hope I shall be rid of her
before she has staid a year, for that will not be up till November
Servants are come to such a pass, my dear, in Portsmouth, that it is
quite a miracle if one keeps them more than half a yearI have no
hope of ever being settled; and if I was to part with Rebecca, I should
only get something worseAnd yet I do not think I am a very difficult
mistress to please; and I am sure the place is easy enough, for there is
always a girl under black quilted bag her, and I often do half the work myself
-bleep- was silent; but not from being convinced that there might
not be a remedy found for some of these evilsAs she now sat looking
at Betsey, she could not but think particularly of another sister,
a very pretty little girl, whom she had left there not much younger
when she went into Northamptonshire, who had died a few years
afterwardsThere had been something remarkably amiable about
herFanny in those early days had preferred her to Susan; and when
the news of her death had at last reached Mansfield, had for a short
time been quite afflictedThe sight of Betsey brought the image of
little Mary back again, but she would not have pained her mother
by alluding to her for the worldWhile considering her with these
ideas, Betsey, at a small distance, was holding out something to catch
her eyes, meaning to screen it at the same time from Susan?s
?What have you got there, my love?? said -bleep-; ?come and shew
it to me
It was a silver knifeUp jumped Susan, claiming it as her own,
and trying to get it away; but the child ran to her mother?s protec336
Mansfield Park
tion, and Susan could only reproach, which she did very warmly,
and evidently hoping to interest -bleep- on her side?It was very
hard that she was not to have her own knife; it was her own knife;
little sister Mary had left it to her upon her deathbed, and she ought
to have had it to keep herself long agoBut mama kept it from her,
and was always letting Betsey get hold of it; and the end of it vintage chanel jewelry would
be that Betsey would spoil it, and get it for her own, though mama
had promised her that Betsey should not have it in her own hands
-bleep- was quite shockedEvery feeling of duty, honour, and tenderness
was wounded by her sister?s speech and her mother?s reply
?Now, Susan,? cried MrsPrice, in a complaining voice, ?now,
how can you be so cross? You are always quarrelling about that knife
I wish you would not be so quarrelsomePoor little Betsey; how
cross Susan is to you! But you should not have taken it out, my dear,
when I sent you to the drawerYou know I told you not to touch it,
because Susan is so cross about itI must hide it another time, Betsey
Poor Mary little thought it would be such a bone of contention
when she gave it me to keep, only two hours before she diedPoor
little soul! she could but just speak to be heard, and she said so
prettily, ?Let sister Susan have my knife, mama, when I am dead
and buried Poor little dear! she was so fond of it, -bleep-, that she
would have it lay by her in bed, all through her illnessIt was the
gift of her good godmother, old MrsAdmiral Maxwell, only six
weeks before she was taken for deathPoor little sweet creature! Well,
she was taken away from evil to comeMy own Betsey? (fondling
her), ?you have not the luck of such a good godmotherAunt Norris
lives too far off to think of such little people as you
-bleep- had indeed nothing to convey from aunt Norris, but a
message to say she hoped that her god-daughter was a good girl,
and learnt her miu miu black bag book |
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She didn't care what the story was, she had to... |
30th August 2010, 23:24 |
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She didn't care what the story was, she had to get away from the
station and the Yankee soldiersI'll break a window to get into the
house if I have toWhy shouldn't I? I'll just pay to get it fixed
the same way I paid to fix the roof for them and everything else
She'd been sending her aunts money to live on ever since they lost all
of theirs during the War"Put my things in that hack," she ordered
the porter, "and tell the driver to get down and help youI'm going
to the Battery The magic word "Battery" had exactly the effect she
hoped forBoth driver and porter became respectful and eager to be
of
serviceSo it's still the most fashionable address in Charleston,
Scarlett thought with reliefIt would be too awful if Rhett heard I was living in a
slumPauline and vintage omega watches Eulalie threw open the door of their house the
moment the buggy stoppedGolden light streamed out onto the path
from
the sidewalk, and Scarlett ran through it to the sanctuary it
promised
But they looked so old! she thought when she was close to her aunts
I don't remember Aunt Pauline being skinny as a stick and all wrinkled
like thatAnd when did Aunt Eulalie get so fat?
She looks like a balloon with gray hair on top"Look at you!"
Eulalie exclaimed"You've changed so, Scarlett, why I'd hardly know
youSurely she hadn't got old, too, had she? She
accepted her aunts' embraces and forced a smile"Look at Scarlett,
Sister," Eulalie burbled"She's grown up to be the image of Ellen"Ellen was never this thin, Sister, you know that
She took Scarlett's arm and pulled her away coco chanel jewelry from Eulalie"There is a
clear resemblance, though, I will say that
Scarlett smiled, this time happilyThere was no greater compliment in
the world that anyone could pay herThe aunts fluttered and argued
about the business of settling Pansy in the servants' quarters and
getting the trunks and valises carried upstairs to Scarlett's
bedroom
"Don't you lift a finger, honey," Eulalie said to Scarlett"You must
be worn out after that long trip Scarlett settled herself gratefully
on a settee in the drawing room, away from the fussNow that she
was
finally here, the ? feverish energy that had gotten her through the
preparations seemed ? to have evaporated, and she realized that her
aunt was rightShe all but dozed off during
supperBoth her aunts had soft voices, with louis vuitton travel bags the characteristic
low-country accent that elongated vowels and blurred consonants
Even
though their conversation consisted largely of politely expressed
disagreement on everything, the sound of it was lullingAlso, they
weren't saying anything that interested her at allShe'd learned what
she wanted to know almost as soon as she stepped across the
threshold
Rhett was living at his mother's house, but he was out of town"Gone
North," Pauline said, with a sour expression"But for good reason,
Sister," Eulalie reminded her"He's in Philadelphia buying back some
of the family silver that the Yankees stole"It's
a joy to see how devoted he is to his mother's happiness, finding all
the things that she lost This time Eulalie was the critic"He
could have shown some of that chanel black handbags devotion a lot sooner, if you ask me
Scarlett didn't askShe was busy with her own thoughts, which were
concentrated on wondering how soon she could go up to bedNo
sleeplessness would plague her tonight, she was sure of itNow that she'd taken her life in her own hands and was on
her way to getting what she wanted, she could sleep like a babyShe
woke in the morning with a sense of wellbeing that she hadn't felt for
yearsShe was welcome at her aunts', not shunned and lonely like in
Atlanta, and she didn't even have to think yet about what she'd say to
Rhett when she saw him
She could relax and be spoiled a little while she waited for him to get
back from PhiladelphiaHer aunt Eulalie punctured Scarlett's bubble
before she'd finished her first cup of breakfast prada bags online coffe |
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He refused to surrender the girlFor one wild,... |
30th August 2010, 02:06 |
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He refused to surrender the girlFor one wild, hallucinatory moment of insanity the Governor actually contemplated storming the galley
The river galley of Brandin, King of Ygrath, Lord of Burrakh in Khardhun, Tyrant of the western provinces of the Peninsula of the PalmSaid galley then flying, rather pointedly, Brandin's own device as well as the royal banner of Ygrath
Death-wheels, the Governor reflected, were lovingly made for minor functionaries who essayed such maneuvers
Desperately, his brain curdling in the unfair brightness of the morning sunlight by the river, the Governor tried to find a way of communicating reason to a Tribute captain seized by the manifest throes of a midsummer madness
"Do you want to start a war?" he shouted from the dockHe had to shout from the dock; they wouldn't let him on the galleyThe wretched girl was nowhere to be seen; stowed, doubtless in the captain's cabinThe Governor wished she were deadHe wished that he himself was deadHe wished, in the most grievous inner sacrilege of all, that Arduini the master chef had never set foot in Stevanien
"And why," Captain Rhamanus called blandly from the middle of the river, chanel classic bag "should my doing my precise duty by my King cause any such a thing?"
"Has the sea salt rotted your miserable excuse for a brain?" the Governor screamed, ill-advisedlyThe captain's brow darkenedThe Governor pushed on, dripping with sweat in the sun
"She's a Certandan, in the name of the seven holy sisters of the god! Do you have any idea how easy it will be to goad Alberico into starting a border war over this?" He mopped at his brow with the square of red cloth a servant belatedly produced
Rhamanus, cursedly composed despite having drunk at least as much as the Governor the night before, seemed unimpressed
"As far as I'm concerned," he pronounced airily, the words drifting over the water, "she's living in Stevanien, she's working in Stevanien, and she was taken in StevanienBy my reckoning that makes her perfectly suitable for the saishan, or whatever our King, in his wisdom, decides to do with her He leveled a finger suddenly at the Governor"Now clear the river of these boats or I will ram and sink them in the name of each of the seven sisters and the King of YgrathUnless," he added, leaning forward, lowering his hand to the railing, "you would care to replica cartier tank farspeak Chiara and have the King settle this himself?"
They had a saying here in the colony: naked between a fist and a fistIt was an exact phrase for the place where that insidious, cleverly calculated, viciously unfair proposition put the man to whom it was addressedA phrase that described in precise and graphic terms where the Governor of Stevanien abruptly felt himself to beThe red cloth swabbed repeatedly, and ineffectually, at his forehead and neck
One did not farspeak the King without, it had been painstakingly impressed upon all the regional administrators in the Western Palm, very compelling reasonThe power demanded of Brandin to sustain such a link with his non-sorcerous underlings was considerable
One most particularly did not willingly undertake such a course of action in the very early morning hours when the King might be asleepMost relevant of all, perhaps, one did not hasten to bespeak the mental presence of one's monarch with a mind clogged and befuddled with the miasmic aftermath of wine, and over an issue that, in essence, might be seen to involve no more than the Tribute seizure of a common farm girl
That was one of the fists
The chanel pearl necklace other was war on the borderWith the brain-battering possibility of more than thatFor who, in the name of the sisters and the god, knew how the devious pagan mind of Alberico of Barbadior worked? How he might regard, or decide to regard, an incident such as this? Despite Rhamanus's glib analysis, the fact that the girl worked in The Queen made it obvious that she wasn't really a Lower CorteanIn the name of the sisters, they couldn't even seize a Lower Cortean for tribute! They weren't allowed to, by order of the KingTo take the woman, she had to be CertandanIf Rhamanus wanted to argue she was a resident of Stevanien, well that made her a Lower Cortean which meant that they couldn't take her! Which meant that he didn't know what that meantThe Governor held out his sopping kerchief and it was exchanged for a fresh oneHis brain felt as if it was frying in the sun
All he had wanted out of his declining years in service was the quiet, mildly lucrative postings his family's long, if fairly minor, support of Brandin's original claim to succession in Ygrath had earned themWith a decent house on that eastern promontory one day where he could watch the sun come up mulberry vintage out of the sea and go hunting in the woods with his dogsSo very much to ask?
Instead, a fist and a fist
He briefly considered washing his hands of the whole affair, and let the cursed inhabitants of this peninsula chew on that for a phrase! , letting the imbecilic Tribute captain row his galley down the river just as he pleasedIn fact, he realized, lamentably too late, if he had stayed in bed and pretended he'd not received the message in time he would have been entirely blameless in this affair of a drunken captain's blunderHe closed his eyes, tasting the exquisite, vanished sweetness of such a possibilityHe was standing by the riverside in the blinding light and the heat of the sun, and half of Stevanien had heard what he and Rhamanus had just shouted back and forth across the water
With a small, diffident prayer to his own patron gods of food and forest, and a poignantly clear image of that seaside estate, the Governor chose his fist
"Let me on board then," he said as briskly as he could manage"I'm not about to farspeak the King while standing on this dockI want a chair and some quiet and an extremely strong mug of whatever passes for khav on a chanel cambon purse galley |
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She looked up at her new partner"My God!" she... |
29th August 2010, 23:15 |
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She looked up at her new partner"My God!" she said
aloud"Now flattering," he said with his twisty half
smileNo one else smiled like thatScarlett was filled with light,
with lightnessShe felt as if she were floating above the polished
floor, buoyant with happinessAnd then, before she could speak
again,
the quadrille took him awayShe smiled automatically at her new
partnerThe love burning in her eyes took his breath away
Her mind was racing: Why is Rhett here? Could it be because he
wanted
to see me? Because he had to see me, because he couldn't keep
away?
The quadrille moved at its stately tempo, making Scarlett with
impatienceWhen it ended, she was facing Charles Ragland- took
all
her balenciaga blue self-control to smile and thank him and murmur a excuse before
she
turned to search for RhettHer eyes met his almost immediatelyhe
was standing only arm's length away
Scarlett's pride kept her from reaching out to himhe knew be looking
for him, she thought angrilyWho does he think he anyhow, to come
strolling into my world and just stand there expect me to fall into
his arms? There are plenty of men in this room, even-who've been
smothering me with attention, hanging around my drawing room,
sending
flowers every day, notes, and even jewelryWhat makes Mister Nigh
and
Mighty Butler think that all he has to do is lift his little finger and
I'll running? "What a pleasant surprise," she said, and the cool balenciaga motorcycle handbag tone
of her voice pleased her
Rhett held out his hand, and she put hers in it without thinking
"May I have this dance, MrsO'hara?" Scarlett caught her
breath in alarm"Rhett, you're not going to tell on me?
Everybody believes I'm a widow!" he smiled and took her into his
arms
as the music began"Your secret is safe with me, Scarlett
She could feel the rasp of his voice on her skin, and his warm breath"What the devil are you doing here?" she askedHis hand was warm at her waist, strong,
supporting,
directing her body as they turnedUnconsciously Scarlett revelled in
his strength and rebelled against his control over her even as she
remembered the joy of following his steps in the giddying fendi spy replica swirling
motion of the waltz"I couldn't resist my
curiosity," he said"I was in London on business, and everyone was
talking about an American who was taking Dublin Castle by storm
'Could that be Scarlett of the striped stockings?" I asked myselfBart Morland confirmed my suspicionsThen I
couldn't get him to stop talking about youhe even made me ride
with
him through your town
According to him, you rebuilt it with your own hands His eyes raked
over her from head to toe"You've changed, Scarlett," he said
quietly"The charming girl has become an elegant, grown-up woman
I
salute you, I really do The unvarnished honesty and warmth of
his voice made Scarlett forget her resentments"Thank you, Rhett,"
she
said"Are hermes vintage you happy in Ireland, Scarlett?"
"Yes, I am His words were rich with deeper meaningFor the first
time in all the years she'd known him, Scarlett understood Rhett, at
least in parthe did come to see me, she understood, he's been
thinking about me all this time, worrying about where I'd gone and
how
I washe never stopped caring, no matter what he saidhe loves me
and always will, just as I'll always love him
The realization filled her with happiness, and she tasted it, like
champagne; sipped it, to make it lastRhett was here, with her, and
they were, in this moment, closer than they had ever beenAn
aide-decamp approached them when the waltz ended His Excellency
requests the honor of the next dance, vuitton pink bag |
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Nothing could possibly go wrong on a day like... |
28th August 2010, 23:51 |
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Nothing could possibly go wrong on a day like thisSuddenly she felt
a great fondness for her aunts, even for their harmless quarreling
She followed them across the wide empty street in front of the house
and up the short stairway on the other side of itAs she reached the
top of it, a breeze fluttered the feathers on her hat and touched her
lips with a taste of salt"Oh my goodness," she saidOn the far
side of the elevated promenade, the green-brown waters of
Charleston's
harbor stretched before her to the horizonTo her left, flags
fluttered on the tall masts of ships along the wharvesTo her right
the trees of a long low island glowed a bright greenThe sunlight
glittered on the tips of tiny pointed wavelets, like diamonds tiffany and co jewelry scattered
across the waterA trio of brilliantly white birds soared in the
cloudless blue sky then swooped down to skim the tops of the waves
They looked as if they were playing a game, a weightless, carefree
kind
of follow-the-leaderThe salt-sweet light breeze caressed her neck
She'd been right to come, she was sure of it nowShe turned to her
aunts"It's a wonderful day," Scarlett saidThe promenade was so
wide, they walked three abreast along itTwice they met other
people,
first an elderly gentleman in an oldfashioned frock coat and beaver
hat, then a lady accompanied by a thin boy who blushed when he was
spoken toEach time, they stopped, and the aunts introduced
Scarlett,
our niece from AtlantaHer mother was our sister Ellen, and
she's married to fake cartier watches Eleanor Butler's boy, Rhett
The old gentleman bowed and kissed Scarlett's hand, the lady
introduced
her grandson, who gazed at Scarlett as if he had been struck by
lightningFor Scarlett the day was getting better with every passing
minuteThen she saw that the next walkers approaching them were
men
in blue uniformsHer step faltered, she grabbed Pauline's arm
"Auntie," she whispered, "there are Yankee soldiers coming at us
"Keep walking," said Pauline clearly
"They'll have to get out of our way Scarlett looked at Pauline with
shockWho would have thought that her skinny old aunt could be so
brave? Her own heart was thumping so loud that she was sure the
Yankee
soldiers would hear it, but she willed her feet to move
When only three paces mulberry bayswater bag separated them, the soldiers drew aside,
pressing
their bodies against the railings of metal pipe that lined the edge of
the walkway along the waterPauline and Eulalie sailed past them as
if they were not thereScarlett lifted her chin to equal the tilt of
her aunts' and kept paceSomewhere ahead of them a band began to
play
"Oh! Susanna The rollicking, merry tune was as bright and sunny as
the dayEulalie and Pauline walked more quickly, keeping time with
the music, but Scarlett's feet felt like leadCoward! she berated
herselfBut inside she couldn't stop trembling"Why are there so
many damned Yankees in Charleston?" she asked angrily"I saw
some at
the depot, too
"My goodness, Scarlett," said Eulalie, "didn't you know? Charleston is
still miu miu clutch under military occupationThey'll likely never leave us
alone
They hate us because we threw them out of Fort Sumter and then held
it
against their whole fleet
"And heaven only knows how many regiments," Pauline added? The
sisters' faces were glowing with pride"Mother of God," Scarlett
whisperedWhat had she done?
Walked right into the arms of the enemyShe knew what military
government meant: the helplessness and the rage, the constant fear
that
they'd confiscate your house or put you in jail or shoot you if you
broke one of their lawsMilitary government was all-powerfulShe
had lived under its capricious rule for five harsh yearsHow could
she have been such a fool as to stumble back into it again? "They do
have a pleasant band," said coco chanel handbags Pauline |
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It's called reading comprehensionAnd we all have... |
28th August 2010, 23:20 |
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It's called reading comprehensionAnd we all have different abilities when it comes to reading comprehensionFor example, I recently bought a new VCRIt came with an instruction book that explained how to program the VCRAll I wanted to do was record my favorite TV show on Friday nightI nearly went crazy trying to read the manualNothing in my world is more complex than learning how to program my VCRI could read the words, but I understood nothingI get an "A" for recognizing the wordsI get an "F" for comprehensionAnd so it is with financial statements for most people
"If you want to be rich, you've got to read and understand numbers If I heard that once, I heard it a thousand times chanel sac from my rich dadAnd I also heard, "The rich acquire assets and the poor and middle class acquire liabilities
Here is how to tell the difference between an asset and a liabilityMost accountants and financial professionals do net agree with the definitions, but these simple drawings were the start of strong financial foundations for two young boys
To teach pre?teen boys, rich dad kept everything simple, using as many pictures as possible, as few words as possible, and no numbers for years
"This is the Cash Flow pattern of an asset
The above box is an Income Statement, often called a Profit and Loss StatementIt measures income and expensesMoney in and money outThe omega automatic geneve bottom diagram is the Balance SheetIt is called that because it is
supposed to balance assets against liabilitiesMany financial novices don't know the relationship between the Income Statement and the Balance SheetThat relationship is vital to understand
The primary cause of financial struggle is simply not knowing the difference between an asset and a liabilityThe cause of the confusion is found in the definition of the two wordsIf you want a lesson in confusion, simply look up the words "asset" and "liability" in the dictionary
Now it may make sense to trained accountants, but to the average person, it may as well be written in MandarinYou read the words in the definition, but chanel black wallet true comprehension is difficult
So as I said earlier, my rich dad simply told two young boys that "assets put money in your pocket Nice, simple and usable
"This is Cash Flow pattern of a liability
Now that assets and liabilities have been defined through pictures, it may be easier to understand my definitions in words
An asset is something that puts money in my pocket
A liability is something that takes money out of my pocket
This is really all you need to knowIf you want to be rich, simply spend your life buying assetsIf you want to be poor or middle class, spend your life buying liabilitiesIt's not knowing the difference that causes most of the financial struggle in the women's santos 100 replica real world
Illiteracy, both in words and numbers, is the foundation of financial struggleIf people are having difficulties financially, there is something that they cannot read, either in numbers or wordsSomething is misunderstoodThe rich are rich because they are more literate in different areas than people who struggle financially So if you want to be rich and maintain your wealth, it's important to be financially literate, in words as well as numbers
The arrows in the diagrams represent the flow of cash, or "cash flow Numbers alone really mean littleJust as words alone mean littleIt's the story that countsIn financial reporting, reading numbers is looking for the plot, the miu miu nappa stor |
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It's called reading comprehensionAnd we all have... |
28th August 2010, 23:20 |
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It's called reading comprehensionAnd we all have different abilities when it comes to reading comprehensionFor example, I recently bought a new VCRIt came with an instruction book that explained how to program the VCRAll I wanted to do was record my favorite TV show on Friday nightI nearly went crazy trying to read the manualNothing in my world is more complex than learning how to program my VCRI could read the words, but I understood nothingI get an "A" for recognizing the wordsI get an "F" for comprehensionAnd so it is with financial statements for most people
"If you want to be rich, you've got to read and understand numbers If I heard that once, I heard it a thousand times black and white chanel from my rich dadAnd I also heard, "The rich acquire assets and the poor and middle class acquire liabilities
Here is how to tell the difference between an asset and a liabilityMost accountants and financial professionals do net agree with the definitions, but these simple drawings were the start of strong financial foundations for two young boys
To teach pre?teen boys, rich dad kept everything simple, using as many pictures as possible, as few words as possible, and no numbers for years
"This is the Cash Flow pattern of an asset
The above box is an Income Statement, often called a Profit and Loss StatementIt measures income and expensesMoney in and money outThe kelly hermes bags bottom diagram is the Balance SheetIt is called that because it is
supposed to balance assets against liabilitiesMany financial novices don't know the relationship between the Income Statement and the Balance SheetThat relationship is vital to understand
The primary cause of financial struggle is simply not knowing the difference between an asset and a liabilityThe cause of the confusion is found in the definition of the two wordsIf you want a lesson in confusion, simply look up the words "asset" and "liability" in the dictionary
Now it may make sense to trained accountants, but to the average person, it may as well be written in MandarinYou read the words in the definition, but women's tank watch replica true comprehension is difficult
So as I said earlier, my rich dad simply told two young boys that "assets put money in your pocket Nice, simple and usable
"This is Cash Flow pattern of a liability
Now that assets and liabilities have been defined through pictures, it may be easier to understand my definitions in words
An asset is something that puts money in my pocket
A liability is something that takes money out of my pocket
This is really all you need to knowIf you want to be rich, simply spend your life buying assetsIf you want to be poor or middle class, spend your life buying liabilitiesIt's not knowing the difference that causes most of the financial struggle in the spy bag fendi real world
Illiteracy, both in words and numbers, is the foundation of financial struggleIf people are having difficulties financially, there is something that they cannot read, either in numbers or wordsSomething is misunderstoodThe rich are rich because they are more literate in different areas than people who struggle financially So if you want to be rich and maintain your wealth, it's important to be financially literate, in words as well as numbers
The arrows in the diagrams represent the flow of cash, or "cash flow Numbers alone really mean littleJust as words alone mean littleIt's the story that countsIn financial reporting, reading numbers is looking for the plot, the louis vuitton mahina stor |
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