Frank Outlaw Quote
June 7, 2012 1 Comment
Inspired by http://clancy119.wordpress.com/
Helen Keller Quote
June 7, 2012 6 Comments
Remember “Optimism is a wealth magnet” from https://wealthymatters.com/2012/01/06/the-wealthy-personality/ ? Here is a quote on optimism by Helen Keller, to remember on your long journey towards making and growing your fortune.
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Sulaiman Al-Rajhi’s life a rags to riches story
June 6, 2012 3 Comments
I was happy to find this man’s story.I was struck by the fact he chose to fly economy because he felt that wealth was not entrusted to him for showing arrogance or for spending extravagantly.There are billionaires who don’t want to own their own personal kites but few travel cattle class.
Canara Robeco’s Take On Gold
June 5, 2012 10 Comments
Below is an article from today’s ET.The author has failed to convince me that buying and holding physical gold at current prices is likely to be a good idea in the long term.After all paper currency systems must collapse sometime and gold tends to be around forever.But buying paper gold,especially as part of a blended mutual fund such as a combo of equities,gold and debt might have something going for it.Read the article below and decide for yourself:-
Gold to scale new peaks in coming years: Ritesh Jain, Head of Investments Canara Robeco Asset Management.
It’s a lump of metal with no cash flows and earnings power. The buyer even foregoes gradual accumulation of intrinsic value as it is industrially useless. But just imagine the second-largest economy in the world frantically buying this metal. Read more of this post
It’s Impossible Not To Be A Millionaire
June 4, 2012 7 Comments
In this post I will tell you the strange story of Curt Degerman.His story will show you how it is impossible not to become a millionaire.
Curt lived in the Swedish coastal town of Skellefteå.He was born in 1948.As a child he was very clever and had a bright future but dropped out of school in his late teens after a personal crisis.He never completed school, married, nor had a family of his own.He chose to live an alternative way of life and largely kept to himself.
Curt Degerman was called “Burk-Curt” (‘Tin-Can Curt’) by the residents of Skellefteå.For forty years Curt was a solitary figure seen cycling around the town in his blue anorak and ragged trousers.He spent his days touring the recycling bins of the town on his old bicycle and rummaging through them, collecting bottles and cans .Curt transported the bottles and cans he found by stuffing them into bags tied between the handlebars of his bicycle.He sold the tins and bottles to shopkeepers and a recycling plant. Read more of this post
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