Tuesday, June 16, 2009

Money Talks

Becoming a millionaire is not as hard as it first seems; read on and see experts reveal their secrets. However, the bigger concern is, how do you keep your millions and make it grow?

The Millionaire Next Door

There are 7 rules to becoming a millionaire and the first is to choose your profession wisely. The authors, Stanley and Danko, did not feature any high-income actor or athlete in this book which makes it more down to earth. Here we could see real people like a wall-board manufacturer who takes cheap and infrequent vacations to gain his millionaire status. The authors show how sacrifice, discipline and hard work can lead to success but are not necessarily encouraged by the current high-consumption soceity. As they say, "You aren't what you drive".

Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!

Kiyosaki, author of "Rich Dad, Poor Dad" says that 90% of all corporate stocks are owned by 10% of people and he is absolutely positive that anybody can move into that elite few if only you are able to have a different view of investing than what most people have. His 'rich dad's formula is pretty much the same as what successful players in monopoly would do: buy 4 green houses, trade them for one red hotel and repeat until you become rich. It might be difficult at first, but it will work for those bold enough to apply his ideas.

THE GREATEST SALEMAN IN THE WORLD

Though it helps a lot, money is not everything. In this tiny treasure of a book, first published in 1968, you will gain insights to the philosophy of salesmanship. The author's purpose is clear; he wants to make the principles of sales known to a wide audience. But he also believes that spiritually is also needed in the search for inspiration and in the culture of self promotion because to be a good salesperson, you need to believe in yourself and in the work you are doing.

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