Monday, November 23, 2009

FINANCIAL RESULTS


  • I’m afraid we have developed an entitlement mentality as a nation. Too many people, from the President and Senators on down, expect a pension from the government.


  • Thoughts – Actions – Results


  • The best way to solve the problem of bad financial results is change our thoughts – to start thinking like rich people rather than poor and middle class people


  • Albert Einstein defines insanity as “Doing the same thing over and over again and expecting different results

  • In this case it is my opinion that is insanity to keep sending kids to school and not teaching them about money

  • E – Employee; S-Self employed; B-Business owner; I-Investor

  • Obviously we can not help everyone, because not everyone has the talent to become rich, but we can help those who do and have the desire to be rich 


  • The entitlement mentality is a monster problem

  • Our financial problems are cause by the way we think

  • The worst thing for us, individually and as a nation, is to become passive observers- or to slowly sink into our comfort zones

  • The best way to have an edge is to live on one

  • We are not in a position- even if we are the so called super power- to rest on our laurels. That is the first indication of  impending decline

  • Intelligence is the ability to solve problems

  • Today, our world faces some serious financial problems: i.   Value of the dollar falling. ii. National debt increasing. iii. Baby boomers starting to retire. iv. Oil prices rising. v. Gap increasing between the rich and everyone else. vi. Wages decreasing. vii. Jobs being exported. viii. Social security and Medicare going bankrupt. ix. Savings being wiped out. x. lack of financial education being thought.

  • Its time to raise our financial IQ  

  • Classes or Masses

  • The April 16, 2006, Sunday edition of the New York Times ran a front page article with headline: “Revival in Japan brings widening of economic gap.”


  • Give a person a fish and you feed him for life









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