There is Science in Everything. In order to better explain Science, things happen if they are followed in a similar phenomenon. When a Ball is thrown up, it comes down due to gravity. We have 4 seasons due to Earth revolution around the sun.
It is important to note that Science is a phenomenon if when followed in cyclic or similar fashion give the same results again and again.So, Getting Rich is also a Science.The People who are Rich must have undergone this Science intentionally or accidentally in order to get Rich.
Two Persons of the Same Business - One gets Rich and Other goes Bankrupt. It is not the Business that actually makes a person Rich. It is the Science of what the person did to get Rich.
The Money is not found in Locations/Regions. Many people here in India, wanted to have a high pay Job in USA or UK.They wanted to Save Money and Return to India. They seek for locations to get money. While in India, there are a lot more Rich people. While in USA or UK there are also Poor People. It indicates that getting Rich is by doing things in a certain way.
In Order to better Understand the concepts, Download your Copy of Science of Getting Rich below:
The Science of Getting Rich
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Pick Stocks Like Warren Buffet
The Share Market have created many Poor into Rich and have also turned many Rich into a Poor. It is however not the mistake of the Share Market. It is the mistake of the People who have gambled with the Share Market.
It should be great to understand that when investing in share market, the control of money is not in our hands. The value of money changes based on market changes. It inturn makes someone Rich and Others Poor. There are Two Kinds of money. One is the Survival Money, which needs for us to survive for food, shelter and other needs. The Other money is the Play Money, where we can afford to lose. In short, consider it as an expense.
The People who became Poor with share market are those who played with the survival money. We all know that Warren Buffet is the great investor of all Times. The main reason he was able to succeed in the share market is that he never gambled and used only his Play money for Investing. He has also followed some principle:
1. Dont Gamble
2.Buy Securities as Cheapily as you can.
3.Buy what You Know
4.Try to Learn Everything about the Company you Invest.
5.Invest in Companies Run by People you admire
6.Buy to Hold
7.Dont be emotional. Do it as a profession or Business
8.Dont overdiversify
If you want to know more about How to Pick Stock like Warren Buffet, You can Download Your Free Book Below:
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Money and Emotions
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Automatic Millionaire ~ Workbook
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Richdad PoorDad
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