The vast majority of us have credit card debt, home loan debt, automobile loan debt, school loan debt, medical bill-related debt, gambling debt, investment margin debt, business-related debt, liens against our property, or owe money to a friend or relative. Too often, these debts last long after the joy and usefulness of the purchased productContinue reading “Not having $1 vs having $1 while being in debt to someone for that $1 may look the same when we look at our balance sheets and net worth. However, they certainly don’t feel the same.”
Tag Archives: leverage
THERE ARE NOT ENOUGH YEARS IN OUR LIVES IN ORDER TO LEARN AND UNDERSTAND EVERYTHING THAT WE NEED TO KNOW IN ORDER TO SURVIVE, LET ALONE BE SUCCESSFUL. THIS IS WHY WE LEVERAGE OUR LIMITED TIME AND KNOWLEDGE BY READING EXCELLENT BOOKS, WRITTEN BY AUTHORS WHO HAVE EXPERIENCE, KNOWLEDGE, AND TALENT. WE ALSO LISTEN TO AND SPEAK WITH THOSE WITH THESE SAME CHARACTERISTICS. WE EXPOSE OURSELVES, AND HOPEFULLY ABSORB, YEARS OF KNOWLEDGE WITHIN A FEW MINUTES TO A FEW HOURS. IF WE CHOOSE, WE DO NOT HAVE TO MAKE MISTAKES OR SUFFER UNNECESSARILY, WHEN WE AVAIL OURSELVES OF THE HARD-WON KNOWLEDGE OF OTHERS, WHOM WE TRUST.
One pivotal decision is knowing what to read and to whom to listen. Another significant decision is when to read, or listen to, contrarian information or contrarian views. Maybe we should be listening to contrarian information all the time? Reading and listening to contrarian views may change our minds, or may help us strengthen theContinue reading “THERE ARE NOT ENOUGH YEARS IN OUR LIVES IN ORDER TO LEARN AND UNDERSTAND EVERYTHING THAT WE NEED TO KNOW IN ORDER TO SURVIVE, LET ALONE BE SUCCESSFUL. THIS IS WHY WE LEVERAGE OUR LIMITED TIME AND KNOWLEDGE BY READING EXCELLENT BOOKS, WRITTEN BY AUTHORS WHO HAVE EXPERIENCE, KNOWLEDGE, AND TALENT. WE ALSO LISTEN TO AND SPEAK WITH THOSE WITH THESE SAME CHARACTERISTICS. WE EXPOSE OURSELVES, AND HOPEFULLY ABSORB, YEARS OF KNOWLEDGE WITHIN A FEW MINUTES TO A FEW HOURS. IF WE CHOOSE, WE DO NOT HAVE TO MAKE MISTAKES OR SUFFER UNNECESSARILY, WHEN WE AVAIL OURSELVES OF THE HARD-WON KNOWLEDGE OF OTHERS, WHOM WE TRUST.”