What I learned yesterday - American Millionaire

[supasaiyan99]

Re: What I learned yesterday - American Millionaire

The Millionaire Next Door

by Thomas J. Stanley, William D. Danko

ISBN: 0671015206

Oh ok, thanks!

[Klash]

Re: What I learned yesterday - American Millionaire

I'm half way through "the millionaire mind".

The book is mostly about getting rid of sabotaging or contradicting thoughts that will keep you from being successful. It has some good insights but they are wrapped in some new age dogma.


One point I liked so far:
If you hold negative thoughts about the rich and successful, such as their greedy, dishonest, snouty, uncompassionate, lucky, undeserving or whatever those thoughts may be and your desire in life is to be a good person. In your mind being rich is in contradiction to being a good person - thus you will never be rich.

[O2BESOHUGE]

Re: What I learned yesterday - American Millionaire

I'm half way through "the millionaire mind".

The book is mostly about getting rid of sabotaging or contradicting thoughts that will keep you from being successful. It has some good insights but they are wrapped in some new age dogma.


One point I liked so far:
If you hold negative thoughts about the rich and successful, such as their greedy, dishonest, snouty, uncompassionate, lucky, undeserving or whatever those thoughts may be and your desire in life is to be a good person. In your mind being rich is in contradiction to being a good person - thus you will never be rich.

GOOD POINT!

[mick-G]

Re: What I learned yesterday - American Millionaire

Lol, ive read alot of books, but the bottom line is you have to take ACTION. The thing is many ppl get caught up in reading these books and never make a plan and actually take the steps to do it. They are all basically physic based or they talk in generalities, and one is left with not much to go by. There is a dif between feeling good about yourself and have the means to accomplish what you desire. I would suggest most ppl to find other people that have accomplished themselves and ask them questions. Most millionaires are happy to give ppl pointers in the right direction. Not even ppl with money, but talk to ppl in the financial sectors, business owners, company ceos. Where to take your money so it is the highest interest for the least risk. Then there is compounding. There is a big dif between daily, monthly, quarterly. If you had 100k in an account that earned daily compounding as opposed to quarterly you could be loosing thousands. There are other tricks as well. I would also advise a person to inquire at a private bank or call and make an appointment. They have financial ppl there that can give you insight on how to qualify and they have much different access then do public banks.