fabiochiu/medium-articles huggingface dataset:
What I want for me, I wish for everyone.
By: Reinhardt Jobse
Tags: Wealth, Health, Happiness, Success, Investing

I want to be wealthy, very wealthy. It is also my vision to inspire and empower people to become wealthy, very wealthy.

I would be delighted and grateful for the opportunity to contribute to other peoples’ health, wealth, and happiness. I would happily do it for FREE.

Why?

When everyone can become rich, have the things they want, do what they love and become who they want to be, the world will be much better off.

The question is, how many people do I want to inspire and empower to become wealthy? I would be delighted and grateful if I can ‘make’ 11 000 millionaires within the next five years.

I look forward to the journey and revisit this post in five years and see how I have fared. What is essential is actively participating and contributing.

I look forward to it, very much so. And, if you feel like joining, please do. The world needs people like you, now, more than ever.
How To Become Wealthy In 10 Easy Ways
By: Dr. Manishi Pallavi
Tags: Innovation, Wealth, Life, Inspiration, Motivation

# 5. Awareness and Education

“Education is what remains after one has forgotten what one has learned in school.” -Sir Albert Einstein

In your spare time, keep yourself aware and educated of what’s going on around you. Educate yourself with the available resources to be up-to-date with the current trends. It will help you to make an informed decision on how to invest and where to.

# 6. Investment

“Never depend on a single income. Make investment to create a second source.” -Warren Buffet

The principle behind the investment is to make money more than you spend. It is imperative to do the homework before you take this ride.

Connect to your friends, relative, and family who have experience in investing, and based on their historical data and comparison between different options available, you can make an informed decision. Investing in Real Estate is good but expensive; however, with some long term benefits. You can also look for stock or mutual fund and might choose a risk-free option.
The Economics of Greed
By: K R V Hari
Tags: Wealth, Trickle Down, Billionaires, Greed, Economics

The Guardian Newspaper from UK carries an article titled “Trickle-down economics is dead. It’s time to tax the rich harder” wherein it is stated that the London School of Economics “…studied fiscal policies in 18 countries over 50 years and concluded that tax cuts for the rich have never trickled down and only really benefit those individuals who are directly affected”. The trickle down theory is a strange subterfuge of the greedy affluent persons that seeks to justify cornering resources and avoiding taxes. It is even stranger that economists and other intelligent persons chose to believe in the efficacy of this illusion.

When we study the resource extraction and distribution mechanisms in the world we notice that resource is extracted from the environment by persons who are at the bottom of the power hierarchy in the society. This resource then flows along the power gradient towards the few ultra powerful persons, namely the billionaires of this world. While the powerless find all their resources and wealth forcibly parted from them the billionaires find themselves inundated with wealth which they can never dispose off fast enough!

This network of resource flow is created and maintained by the powerful intermediaries through violence (gangs and militia) or law (bureaucracy, bankers and other professions). The entire network is steeped with greed as every node in the network tries with all its might to corner and hold on to the resources flowing past it. The evidence for this is in the ubiquitous inequality pervading every corner of society.

In such a scenario how can wealth even trickle down against the power gradient? At every level there is enormous greed that will never allow even a single penny to slip down! Do we really need the London School of Economics to do an expensive study across 18 countries to state this obvious truth?

My new book “Searching for Self — In Pursuit of Inner Peace” delves deep into our power identities and reveals how acting with greed under the influence of power destroys our inner peace and how we can regain peace without relinquishing all our wealth to charity!
Happiness vs Usefulness
By: Utkarsh Srivastava
Tags: Purpose Of Life, Happiness In Life, Wealth, Morality, Work Life Balance

What is the purpose of life? Happiness. Isn’t it?

Photo on Unsplash by Noah Buscher

And I bet that I’m not the only person thinking so. Even if we try to look around our social circle, we find that most people are pursuing happiness in their lives. Logically speaking what else could be the sole purpose of life. All of us are trying to be happy in our lives and in due process we need some worldly pleasures to achieve so. That’s why we collectively buy shit we don’t need, go to bed with people we don’t care about, and try to work hard to get the approval of people we don’t like.

We all try our best in our capacity to ensure that we achieve happiness in our life. But in the quest for happiness, we mistakenly equate happiness with success. And success comprises of multiple worldly milestones and benchmarks which may range from buying your new Villa to getting your next promotion. But at the end of the day, you’re lying in your bed (alone or next to your spouse), and you think: “What’s next in this endless pursuit of happiness?”

Well, let me tell you, Its all a façade. A hoax.

Happiness can never be a goal in itself as it is not something that can be achieved in itself. It is just a by-product of an individual’s usefulness. Most of the things which we do in life are just activities and experiences.

· You go shopping

· You go to work

· You go on a holiday trip

· You have your favourite Martini

· You have your favourite Dinner

· You buy an expensive Car

· You get a much-awaited promotion

All these activities and experiences should make you happy, right? But they are not useful. You’re not creating anything. You’re just consuming or doing something. To be honest, none of these things gives meaning to life. Happiness comes from a sense of usefulness. You feel a sense of satisfaction even by a mere act of helping someone cross a road or lending your seat to an aged individual. The purpose of life is not to be happy. It is to be useful, to be honourable, to be compassionate, to have it make some difference that you have lived and lived well.

Happiness can never be achieved but can only be experienced as a by-product of our actions. Our small acts of gratitude, kindness, generosity and love are the sole ingredients of living a life with purpose. If we try to cultivate these habits in our day-to-day life, it will not only give a purpose to our life but also a sense of satisfaction and happiness.

Let’s try to cultivate these values in our lifestyle and be the change we want to see in the world.
Bitcoin — The future of global currency?
By: Samuel Akpenyi
Tags: Wealth Management, Wealth, Bitcoin, Finance

I remember going through an article on New year's eve of 2015. This article projected bitcoin would reach a $1,500 mark by the following year. While this sounded exciting - I didn't think it sufficient enough for me to invest. Whoops!! Wrong move?

BTC reached $23,000 on 17 December, 2020, that's a 1,433% increase. A few things to note about bitcoins. The digital currency is a collection of computers or nodes (devices connected to the same network) that all run Bitcoin's code and store it in blockchain. Each transaction data (block) is added to the chain meaning there's no two transaction that are the same. These transactions are stored in a decentralized ledger known as blockchain.

How are bitcoins generated?

Simply, through mining. And yes it's similar to the typical minning process. This involves solving complex computational puzzles in order to discover a new block to add to the blockchain. The odds of you achieving this is 1-16 trillion (odds can be reduced through special types of devices made for this purpose). Miners help add and verify transactions across the network and are compensated with a certain amount of BTC.

Is it too late to jump on the bitcoin trend?

For people like me who didn't cease the opportunity early there might still be hope. According to the CFPB, the price of bitcoins fell by 61% in a single day in 2013, while the one-day price drop record in 2014 was as big as 80%. BTC posses huge Risk/Reward as it largely depends on its usage by users. What this means is, potential threats from regulatory bodies to regulate, or government bodies to ban the use of the digital currencies within a geographical location or lack of insurance - means the asset class is highly volatile. This could also pose as a potential opportunity. As a rule of thumb you buy assets low and sell when it increases in value. According to the creator of a popular bitcoin prediction model Stock-to-Flow (S2F), who uses the Twitter name “PlanB”, the benchmark cryptocurrency will reach $100,000 by December 2021- capital.com

Conclusion

For BTC, the future is looking good. But it would be important to emphasise on the risk aspect of this asset. As an investor you want to know what your risk appetite is, how this should affect the portion of your portfolio you’re willing to invest within a certain duration. Bitcoin is affected by outcomes like; regulatory bodies, government, insurance etc it would be very important to keep watch on these to understand the direction of this asset moving forward.

References: investopedia, CFPB
I Can Make You Happy
By: Reinhardt Jobse
Tags: Wealth, Happy, Personal Development, Happiness

Yes! I can make you very happy.

How?

Not me so much. What I can do is to amplify your state of happiness in a way, but mostly, me, myself and others cannot do it for you.

Have you noticed that every time there is a problem; how you happen to be there? This statement applies for when things go well; you also happen to be there when plenty of laughter and happiness abounds.

Only you can make you happy, but it starts with you accepting responsibility for everything that happens in your life — a simple change which makes a tremendous difference.

Considering this, it seems that other people put the icing on the cake.

And to add to you happiness, there is another essential ingredient. Gratitude, yes, being delightfully grateful will 10 X your joy when you spend several moments daily with: I am happy and grateful now … (and then you call out all the things you have and can do).

I am happy and grateful now that I can share this message with you.

I am happy and grateful now that I have clothes to protect me.

I am happy and grateful now that I have a sandwich for lunch.

I am happy and grateful now for corrupt politicians because, without them, the world would fall into anarchy.

The last one may be tough to comprehend for some, but yes, even be grateful for those who seem to have harmed you.

People are essential to your growth and helping you become the person you want to be, to get the things you want, and to do what others need you to do.

Talk to me today if you want to know more on how I can make you happy.
Indexed Universal Life Insurance with Premium Financing For Dummies
By: Jacques Fu
Tags: Wealth, Personal Finance, Retirement

It took me a couple of times to understand how to wrap my head around IULs and their benefits. This concept of “Bank on Yourself” or “Infinite Banking” makes it more complex than necessary.

If you’ve heard of these concepts before, the TLDR; is that taking a type of whole life insurance policy called “indexed universal life” allows HNWI (High Net Worth Individuals) to create a retirement vehicle comparable to a Roth IRA without the same income limitations by taking advantage of stock index-based growth and loans as a tax-free withdrawal mechanism.

Why take out a loan instead of withdrawing the money directly?

Loans are not subject to income tax. Realized gains that are withdrawn are subject to capital gains tax.

Why not invest in a traditional retirement plan?

You probably are better off fully contributing to retirement plans first until you reach the maximum contributions. IULs are worth exploring after that.

Why not invest the same capital into an index fund?

Two arguments that I’m aware of for advantages of IUL over index funds is that there are taxable elements of index and mutual funds not held in a retirement account and that IUL’s typically have a floor that cap the downside to zero losses (although this generally includes provisions that cap the upside).

Here’s a more in-depth article regarding the benefits of IUL policies.
Be a product of your environment
By: Carlos Henry
Tags: Self Improvement, Copywriting, Wealth, Relationships, Motivation

“Don’t be a product of your environment.”

I disagree with this statement.

In fact, I believe you should be a product of your environment

And if it’s a bad environment..

Just change it.

At first, I wasn’t a product of my environment and actually tried to stay away from my environment.

I was swimming against the current.

To most, I was weird but I honestly didn’t care at first.

Eventually, I became an outcast.

I was the kid who plate Yu-Gi-Oh cards while everyone else was playing basketball or smoking before school.

Every group was my group.

But fitting in everywhere, was fitting in nowhere.

However, I did notice something.

Even the kids who got into trouble played sports.

Eventually I played sports too.

No I wasn’t the next Kobe Bryant, but I still played so that I won’t be left out.

But I was determined to get better.

The first thing I did was start hanging out with people who were better at basketball and went on to play high level basketball and they made me better.

This is good peer pressure.

Peer pressure can go either way, this is why your environment is so important.

Playing with people who didn’t take it seriously, made me worse.

I had to change my environment.

Sometimes we think that we are obligated to stick around with someone because of our history together as opposed to doing what is best for us.

You don’t have to.

Stop letting history hinder you from growth.

Leave that environment and become the best version of yourself.
那個賣祕密的男人
By: Yp Chen
Tags: Money, Wealth, Finance, Investment, Investing

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What are Capital Gains?
By: Swati Singhi
Tags: Money, Wealth, Finance, Women, Investing

PEOPLEIMAGES / GETTY IMAGES

Capital Gains as the name suggests is the gain/increase in value of your investments. It is the profit you make after selling an asset.

Assume you had invested Rs 15 lacs in a 1BHK flat and sold it for Rs 20 lacs a few years later. You made a profit of Rs 5 lacs through this investment of yours. Rs 5 lacs is your capital gain here.

There are primarily two types of capital gains.

Short Term Capital Gains

If you sell your asset within 36 months of purchasing it, whatever profit you make on it is considered as short term capital gain. Short Term because you held your asset for a shorter duration.

Say you bought a piece of gold jewellery for Rs 1 lac. However, you don’t quite enjoy wearing it and decide to sell it in a few months. You sell it for Rs 1.25 lacs. The profit of Rs 25,000 you made is considered as short term capital gain because you sold your jewellery within 36 months.

Long Term Capital Gains

If you hold your asset for a considerably longer period of time before selling them, the profit you make is considered as long term capital gains.

Say you enjoy wearing your gold jewellery you bought for Rs 1 lac and keep it for 6-7 years. You now choose to get a new piece. This time you sell your older jewellery for Rs 1.75 lacs. This profit of Rs 75,000 is considered as long term capital gain because you sold it after 36 months of purchasing it.
ig : @nikkis.cash
By: Nikki Macintosh
Tags: Personal Development, Wealth, Save Money, Budget, Finance

One thing that people don’t know about me is, I know exactly what I want to do with my life. Whenever I’m asked, “do you want to go to college?” “where do you see yourself in 5 years?” I’ve always responded with “I don’t know”, when in actuality I already have every detail of how I want to spend every year of my life down to a T. There’s been so many people say to me that I’m too young and I have so many years ahead of me that I could simply have no idea what I want to do and I just need to “have fun”. The reality of it is, I’ve grown up around people who never knew what they were going to do within the next week, let alone thinking 5–10 years in the future. I’ve been planning and organizing my thoughts and my future in my head for years, because I know exactly how shitty it is to see people in there 30’s-40’s have no plan. I know exactly in detail, where I want to be in 6 months to 5, 10, 50 years from now. So, I’m gonna spend every second of my time now, to do what I have to do to be able to get there. Obviously, there will be bumps and things pop up that could potentially mess with things, but that’s life. You can’t predict everything that will happen to you, however you can manifest and work your ass off for the future that YOU want. Ive always strived to become something greater than what I’ve come from.
5 Ways You’re Losing Money Every Single Day
By: Adam Del Duca
Tags: Money, Wealth, Family, Life Lessons, Finance

andranik.h90 — Freepik.com

If I asked you if you work hard for your money, what would you say? 99% of people would probably say they do work hard for their money; however, the sad reality is that many of these people are losing this hard-earned money every single day without ever realizing it.

How would you feel if you were losing hundreds of dollars a month and only realized it after years of ignorance? In this article, I will share with you 5 ways you’re losing money every single day!

Number 1: Paying For Unused Services

One of the great things about advances in technology is that we now have access to enough services to keep us occupied and entertained in perpetuity; however, sometimes managing all these different services can come at a cost. And this cost may be more than you would expect.

In fact, a 2018 survey showed that UK citizens waste a shocking £553 million every month on services they don’t use and may even have forgotten about, with 40% of consumers continuing to pay for services they no longer use.

Another survey found that 72% of people admit they have continued to pay for a subscription they rarely use for three months or longer, which meant that the average person is paying out more than £250 a year for services they don’t use.

Now, not shockingly, gym memberships were at the top of the list when it came to the most unused subscriptions, with 50% of the 2,213 adults polled admitting they rarely visit. TV and music streaming services were also among the most unused services, along with hobby and magazine or newspaper subscriptions.

Some 29% of people say they had forgotten they were paying for the service, and the same number keep paying for something they don’t use in case they might want it in the future. A further 28% of those surveyed say they found cancelling a subscription too hard, so they didn’t bother.

What makes this situation worse is that many people continued to pay for these unused services even as their monthly costs rose. One in four people continued to pay for a subscription without realizing the cost had increased, while 46% forget to cancel after a free trial period. Some 4% have even unknowingly continued to pay for a subscription for an ex-partner.

Obviously, the statistics around wasted subscription money are bleak, but the question we need to answer is why does this phenomenon take place? The simple answer is that many people fail to review their finances on a routine basis. If only they would have reviewed their monthly credit card statements, they would have been able to calculate how much money they were wasting on unused subscriptions every single month and make the necessary changes to save that money instead of wasting it.

Therefore, if you think you may be paying for services you rarely ever use, review your expenses at the end of this month, and you may be surprised at how much money you could be saving!
successful = happy?
By: Maisie Fox
Tags: Success, Wealth, Happy, Happiness

Does success equal happiness? If you are successful are you guaranteed to be happy?

I think that to succeed is to be happy. If I am happy, then I am successful. But does a great career and success in your work life mean that you have to be happy?

I think not.

This question or proposition is very similar to the poor and happy or rich and unhappy argument and that money cannot buy happiness, just like success cannot buy you happiness. Or can it?

So many very ‘successful’ people are unhappy. Many articles suggest that CEO’s, celebrities and creatives, all considered very successful people, are more likely to suffer from mental illness than a normal person. For example, Anthony Bourdain and Kate Spade, both famous and successful, committed suicide a few years ago. This demonstrates the extent of the mental health issues suffered by celebrities. Success is always shown to promise happiness and freedom, but these rich, sought-after people at the tippy top of their game, are wrought with self-doubt, identity crises and inflictions on their self-worth as individuals.

Many other ‘successful’ people are caught up in affairs, family breakdowns, legal disputes, allegations for all kinds of things. They can be very unhappy, even severely depressed, but they are still considered as successful.

One definition of successful, often used to describe events rather than people, is: ‘accomplishing a desired aim or result’

The other, more often used to describe a person, is: ‘having achieved fame, wealth, or social status’

I find this rather sad, that we define success in a human being by our wealth or our fame.

I think that we should redefine success, and use our happiness to indicate our true success, as if you have achieved your true aim, then you will be happy, as well as successful.

So, true success should equal happiness, because happiness equals success, but is it possible to be truly happy if you are successful or in the limelight?

That, I cannot answer.
Five ways to become a millionaire 
1. Earn income
By: Ravi Jaripatke
Tags: Health, Wealth, Millionaire Mindset, Manifestation

Five ways to become a millionaire

1. Earn income

2. Live within your means

3. Save money

4.Invest wisely

5. Stick to your plan

Way no. 6 will shock you , it’s here :

https://www.digistore24.com/redir/306837/ravijari/
Ice-T sold me car insurance
By: Carlos Henry
Tags: Self Improvement, Copywriting, Wealth, Relationships, Motivation

Ice-T was selling car insurance.

A car commercial came on while I was getting my haircut and had Ice-T on there selling it.

I was confused.

What did he have to do with car insurance?

It was so funny to me.

The car shield commercial came on and I immediately recognized him and his ponytail.

How could Ice-T make this more credible?

Suddenly, it came to me that Ice-T was on there because the ideal audience knew who he was and that they trusted him.

A celebrity they know will catch their attention.

And it made me come to the conclusion that you don’t have to have an expert to make your product or service more credible, but just someone who the audience will trust.

It could still be relevant.

Ice-T may be an author and actor that makes millions, but he still probably has car insurance.

If he said it’s okay then it must be good.

The source you have must be credible, but doesn’t have to be an expert.

So in order to build credibility for your product or service use a celebrity or spokesperson that is relevant and your ideal client trusts.
Five Principles By Naval Ravikant That Will Teach You True Wealth
By: Classified Adscenter
Tags: Wealth, True Wealth, News

“You’re never going to get rich renting out your time.”

What do you have in common with Oprah Winfrey, Elon Musk, and all the other billionaires on the planet?

Right, you live your life within the same time scale. No matter how wealthy you are, you can’t make a single day have 26 hours.

That’s why the most successful people on this planet say no to almost everything. Plus, truly rich people didn’t build their wealth by renting out their time.

Rich people got wealthy by establishing systems that make money independent from time.

Many people could live better lives if they made their time work for them, but continue to sell their limited hours. What they receive in return are limited rewards.

So, the questions are: How can you decouple money and time to create limitless wealth? How can you earn with your mind, not your time?

Build and sell products with no marginal cost of replication — things like books, media, movies, and code. You can multiply your returns without working more.

Owning your share of a scalable product is the ultimate goal.

Or, as Naval put it:
My Plan To Build Generational Wealth
By: Ben Le Fort
Tags: Money, Wealth, Family, Life Lessons, Personal Finance

Written by Rocco Pendola

I took the picture fronting this article. It’s a house 30 seconds from my Los Angeles apartment building.

I love this house. Except I don’t want it. You couldn’t give it to me. I really mean this. I prefer renting. By a mile. If you offered me this house — and money was not a consideration — I’d take a luxury top-floor apartment with a wraparound balcony in the heart of one of my favorite Los Angeles neighborhoods instead. I’d only take a home if I could put your money, time, and stress into it rather than mine.
6 Unusual Ways to Live a Better Life on Little Income
By: Sam Taylor
Tags: Money, Wealth, Students, Personal Finance, Lifestyle

Number Four: Ten Percent

I am not interested in the advice that your parents gave you or what you have seen or heard online. I am not a financial advisor nor am I filthy rich.

I am simply stating from the heart, that this simple methodology will help you in the long run and will let you live a happier life.

Ten Percent of What You Earn is Yours to Keep.

It comes from one of the greatest books ever written: the Richest Man in Babylon.

The premise is quite simple, every time you earn money from your job or maybe a side hustle put 10% of the total amount somewhere separate. A secure bank account or even a little savings jar controlled by your parents will help.

This is the best thing you can do to live better and although you may think that you’ll need that extra $80.00 a week, you’d be surprised at why you don't.

Over time your account will grow and with that so will your appreciation to putting 10% aside.

Have a medical emergency? No worries, your savings are there to help you get through difficult times. Just always remember to keep this habit up so you’ve always got something building behind closed doors.
7 Financial Goals You Should Reach in Your 30s
By: Manu Djirlic
Tags: Money, Wealth, Goals, Money Management, Personal Finance

7 Financial Goals You Should Reach in Your 30s

Photo by Alexander Schimmeck on Unsplash

The 30s are the years of plenty.

You have laid the groundwork in your 20s. You are mostly free from insecurity and know in which direction you are heading. It’s also a decade of important decisions.

There are many areas in which you will find answers:

Do you want to marry? How about kids? Where are you going to live for the years to come? Are you going to buy a house or continue to rent for the rest of your life? What is the career you’re going to pursue until retirement?

Sure, many of those things can be decided on earlier or later, but oftentimes our 30s are the time in which we settle down and find answers to the important questions of life.

Overall, you can say that the 30s are more about us and our life compared to the 20s, during which we cared a lot about the opinions of others.

It’s a relief.

Of all those major aspects of your life, one clearly stands out—your finances.

Endless discussions were held on the importance of money. Let’s stop it once and for all and just agree on the fact that money is crucial to everyone’s life.

It’s equally important as the gifts you can make with it, the housing you have to pay for, the food you need to survive, and the donations that you can make to help others.

There are only a few things that have a larger impact on your life than money.

With that said, it’s essential that we use our years of plenty to grow our wealth and likewise as a person.

I’ve recently turned 30, and that’s why I want to share with you what steps I’m going to take in the next 10 years to become and stay wealthy.

I will focus on the following things:

Reach financial protection. Create a plan for retirement. Become an expert in your field. Build passive income. Start saving/investing for your kids. Pay off debt. Write your will.

This article obviously targets all 30-somethings. However, if you are younger and already financially ahead of your peers, you will find tips and tricks on how to expand your lead. On the other hand, if you feel like you have some financial shortcomings and not laid the groundwork yet, I have written another article that covers the steps that will get you back in the game.
As Trump once again takes credit for a Dow Jones all-time high, we must remember that the stock…
By: Nicolas Carteron
Tags: Wealth, Politics, Economics, Society, Inequality

As Trump once again takes credit for a Dow Jones all-time high, we must remember that the stock market isn’t the economy.

The tweet hereunder, by former Secretary of Labour Robert Reich, highlights the discrepancies in stock ownership between the richest and the bottom 50%.

Pushing the math just a little further reveals just how shocking the reality is.

The overall capitalisation of the US stock market sits at about 36 trillion dollars (that’s 36,000,000,000,000). The current US population is around 328 million people.

The richest 1% (3.28 million people) own $18 trillions worth of stocks. That’s $5.5 million each on average.

The bottom 50% (164 million people) own $252 billions worth of stocks. That’s an average of $1,536.59.

The stock market is not the economy, indeed.
What I’d Do If I Suddenly Acquired $50 Million Dollars
By: Terry Mansfield
Tags: Money Mindset, Money, Wealth Management, Wealth, Money Management

What I’d Do If I Suddenly Acquired $50 Million Dollars

Photo by Alexander Schimmeck on Unsplash

If I suddenly acquired $50 million dollars, this is what I’d do:

I’d set aside $5 million of it as an emergency fund.

Invest $15 million in real estate (commercial and residential).

Invest $5 million in high yield bonds

Invest $5 million in aggressive growth stock ETFs (Exchange Traded Funds).

Invest $10 million in ETFs of high dividend stocks.

Give $5 million to charitable causes.

And invest $5 million into college savings for my grandchildren.

Now all I need is the $50 million bucks!

So, that’s what I’d do if, by some miracle, I came into $50 million dollars all of a sudden. How about you? What would you do with that much money?

__________________

Thanks for reading.
Great piece. Makes a good read. Thanks for sharing…🙏✍✍
By: Emmanuel A. Anderson
Tags: Success, Wealth, Wealth Creation, Finance

I write about life, self-improvement, writing, and everything to help people live better lives. Author of the upcoming book, "Heal yourself, heal the world."
Giving and Receiving
By: Reinhardt Jobse
Tags: Wealth, Giving, Health, Happiness, Love

Zig Ziglar said that if you help enough people to get what they want; you will get what you want.

It is a fair statement, and it is true. If you are committed to giving and to make other people rich, life has a way to provide you with the riches you want.

It is in our nature to want more, to do more and to be more. It is by having good health, an abundance of wealth and deep love (happiness) that we can do the things which are essential for the advancement of life, for everyone.

The trouble for some is that they are happy to receive, but when it comes to giving, they find it excruciating. What these folks don’t realise is that life is about accepting and sharing those beautiful gifts which are bestowed on them, not hoarding it.

Jesus makes a good point when he says that we should not be hoarding earthly possessions where moth and rust can destroy it, but to gather heavenly treasures. Those sacred treasures lie in giving, in making more life for everyone.

Love finds its most natural and spontaneous expression in giving. So, when you find yourself not wanting to give, take a moment to pause and reflect on why you are withholding, as to what is blocking the love to flow.

If you’re going to give to satisfy your swinish pleasures, you are bound to crash and burn. Give, grow and advance for everyone’s sake.
Why Wealthy People Don’t Talk About Their Houses
By: David O.
Tags: Money, Wealth, Finance, Real Estate, Investing

Why Wealthy People Don’t Talk About Their Houses

Even though rich people live in luxurious houses, you rarely find them talking about the houses they live in. It is other people that talk about their houses and make it a big deal. To them, it is just a house — a place of comfort that they can totally relax. Some had their house as a goal at one time or the other in their lives. But 5 years after living in that house, it is just a house — nothing more.

This is not to say that having a house you can call your home is not a good goal. The problem is that it is self-centered and it is not high enough. Wealthy people don’t talk about their homes, they talk about their businesses.

Rich people talk about where their businesses are and where they want to have a business. Some even move from their “homes” to another location just because they have to do business in that other city. Others can’t remember the last time they spent 30 days straight in their homes. It is just like the famous saying that the home is not the building but the family.

But most people are emotionally attached to their building. They won’t let it go. It has become the symbol of their comfort zone. And they will not step away. And you know the comfort zone keeps you from moving forward in life.

There is a beautiful quote on the comfort zone that says:

The cave you fear to enter holds the treasure you seek

What are you doing to surpass your comfort zone? What are you going to do today that is outside your comfort zone?

A business mentor once said that if an entrepreneur says, “our business is going smoothly”, then it means the business is actually dying. But if the entrepreneur says, “oh God, we are having to deal with so much at the same time”, then the business is on the right path of progress.

Your house is not an asset, it is your comfort zone. The path of prosperity is stepping into turbulent, uncomfortable waters. You won’t know what you are capable of if you don’t throw yourself at the uncomfortable.

If you have lived in a particular city or town for 3 decades straight, you should travel. Find somewhere to travel to. One of the ways to hit successful business ideas is to see what is working in other cities and think of how to replicate it in your city.

For example, if a particular children’s toy is trending in Europe and you haven’t seen or heard about it in North America, that is a business opportunity. Make inquiries and ask questions. You may just become their official distributor in North America.

Even if you have no interest in that industry or business, still make inquiries if it grabs your attention. There are many ways that can profit you. But someone who doesn’t get out from the house will not see these things.

It is not so much the physical building. It is what it represents to you — comfort.

Take deliberate daily steps away from comfort and watch your financial life improve.

Cheers.
What Differentiates Warren Buffett?
By: Emmett Ferguson
Tags: Warren Buffett, Money, Wealth, Success, Finance

There’s a belief and mindset that separates the Oracle of Omaha (Warren Buffett) from many others. And it’s not until you read a lot of his (and Charlie Munger’s) books that you come to discover part of his secret sauce.

And this is a common pattern of thinking Buffett mentions that is often reflected in the many words about him including:

+ Biography “Snowball”

+ Words in “The Essay’s of Warren Buffett”

+ Rare Q&A book “All I Want to Know is Where I’m Going to Die So I’ll Never Go There”

+ Many articles written about him in business papers

+ Other places if you put in the work to learn about him and his businesses

And this basic mindset concept can change your approach to building wealth, in a useful and pragmatic way.

Fortunately, it’s a simple shift and you don’t need to be a genius to apply it.

You’ve probably heard about Buffett tap dancing to work… Or his love for Coca-Cola… Or how his favorite holding period is forever… Or how much importance he places on integrity… Or how he talks about the power of compounding interest… Or how him and his business partner Charlie Munger are a once in a century business partnership… Or how he lives frugally so he can donate Tens of Billions of dollars to charities and save struggling billion dollar businesses without flinching.

But there’s a gap between how Buffett applies all his wisdom to his businesses, and how many other’s approach life as it relates to wealth.

And that’s what I’ve included in this special report based on many articles, stories, and books about Warren Buffett.

Check out this free, and brief report about one of the differentiators that might hold you back from developing a mindset like the Oracle of Omaha.

It only takes a second to sign up, and you’ll get the report “What Was Buffett Thinking?” delivered straight to your inbox!

(this is not affiliated with Warren Buffett directly, or indirectly)

https://mailchi.mp/theideatorjournal/oracle-differentiator
Market History is Your Friend
By: Joshua Vandyke
Tags: Money, Wealth, History, Adulting, Investing

Bold claim, I know, but hear me out. Markets (defined here as companies that people can invest in) have existed for several hundred years. The Dutch East India Company was the first company to ever be listed on an official stock exchange back in the 17th century. If you allow your mind to drift back to middle school history class, perhaps you can recall a few formative world events occurring between then and now, some good, some bad, some apocalyptically terrible. Here are a few: American Revolution, French Revolution, American Civil War, invention of the telephone, WWI, Great Depression, WW2, Cold War, etc. World power shifted between nations, wars ended countries and began new ones, and the only thing more predictable than another war was another famine (interestingly, there was a permanent global food shortage from the dawn of time until WW2). However, one thing you may not have heard in your middle school history class is that through all of the raging of nations, markets continued to provide a return, decade after decade. Market data, as primitive as it may have been in the 17th and 18th centuries confirms what we’ve seen from more comprehensive data in the 20th century, that markets consistently offer a significant return over time from company dividends (which were more popular back in previous centuries) and from company growth. As we well know, the market doesn’t go up every day or every year, we see the hills as well as the valleys, but history has demonstrated without exception that down markets are temporary and market growth is inevitable. It’s easy to fall prey to the idea that this time really is different, and it’s true that there are different things happening today than there were in the 1700s, but a prediction that the market won’t perform in the future is a bet against history.
5 Unhelpful Myths About Money That Could Be Holding You Back
Tags: Money, Wealth, Money Management, Personal Finance, Finance

#2 — The Stock Market Is Too Risky

This is another one that gets freely aired from many and based on my experience limits a lot of people. The idea of the stock market being too risky to partake in gained even more of a foothold after the financial crisis in 2009. Indeed in the US, the number of individuals investing in the stock market has dropped from a pre-financial crisis peak of 67% to its current 55%.

For many people that I know, the stock market is deemed too risky a place to leave their money. They would rather keep their money in a bank account rather than put it to work in the stock market. However, research by Barclays in 2015 found that over any 10 year stretch in the preceding 115 years stocks outperformed cash 90% of the time.

What a lot of people including myself for many years do not always factor in is the time horizon they are looking to invest. If you want to put your money in today and get it out again in 6 months then the stock market probably is too risky to do so.

However, if you want to invest for a longer time horizon then you are more likely to see gains in the market. Indeed research by Wealthify based on Bloomberg data showed that people who invested over any 10 year period in the UK FTSE 100 index between 1986 and 2019 had an 87% chance of seeing a positive return.

However, no one will deny that there is risk involved with investing in stocks. In fact, I have personal experience. At one point my only investment in stocks was all in the company I worked for at the time through a share award scheme. Due to some external shocks, I saw the value of the shares drop by over 50% almost overnight which was devastating.

What the above example demonstrates, however, is not just that stocks can be risky but that a lack of diversification is even more problematic. Had my portfolio been diversified across company stocks as well as various asset classes and geographies, I would likely have not experienced the same pain.

In addition, a great way to avoid having to pick individual stocks and play what can sometimes feel like a lottery is to invest via index funds. These look to mimic the overall performance of the market and therefore theoretically reduce the risk of selecting individual stocks as the market generally tends to outperform individual stocks in the long-term.

Key Takeaway: The idea that the stock market is simply too risky to invest in ignores possible ways to mitigate the risks and ends up putting a lot of people off from taking the steps to help them build their wealth. Investing does carry risks but there are ways to mitigate these including:
IB ACH以及ACATS資產轉移圖解教學
By: Yp Chen
Tags: Money, Wealth, Finance, Investment, Investing

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Reunion.
By: Hilda Carroll
Tags: Ps I Love You, Love And Sex, Poetry Sunday, Relationships Love Dating

Photo by Daria Shevtsova from Pexels

Eyes locked

Breath jagged

Hearts pounding.

You pull me in and

Your hands and lips remember

How to make me tremble,

Shudder, gasp.

My knees buckle and you’re pleased

With the effect you’re having.

You support me

Lift me

Carry me

Lay me down.

Time stands still

Souls gazing

Hearts connecting.

Shifting gears

Urgency as we strip.

Moaning as our bodies meld

Crying out as the years dissolve

And we are 23 again.
Great article, and so true!!
By: Carlene M. Dean
Tags: Dating Advice, Relationships Love Dating, Dating

Great article, and so true!!

Three following pretty much describes the dating lives of most of us, I think: you hit it right squarely on the head with this description and the perfectly spot-on description of “low-effort dating")

_ — — — — — —

It’s about going for convenience over feeling

__________________

I’ve been saying for a long time that my “relationships" sometimes seem like we are actors reading from a script, playing the part of a “couple". It feels shallow, not very filling, and sometimes not very good for me — kind of like a Twinkie.

I’ve been worried that this is all there is, in one’s middle age, though I suspected lots of people at any age do this (settle for someone) … and now I know, thanks to you and your wonderful article. ☺
3 Little Things That You Should Do Regularly To Keep Your Long-Distance Relationship Excited and Secure
By: Jason Kwan
Tags: Dating Advice, Relationship Advice, Dating, Relationships, Relationships Love Dating

A long-distance relationship is not easy. You don’t get to see, touch, or talk to your partner in person. It makes it harder to feel intimate in the relationship. The key to a long-distance relationship is that you make your partner feel that you still love them and miss them despite the distance.

1. Getting In Touch Every day

Every day when you wake up or go to bed, send a text to your partner. A simple “Good morning” and “Good night! Sweet dreams!” every day reminds your partner that you are missing and thinking about them. Sometimes add in Video Calls through Zoom or Whatsapp is also important. It makes a difference when you see the person versus only hearing their voice or seeing their text. However, quality time is more important than quantity, so don’t do it only for the sake of it. Make the time special for both of you.

2. Buy What Your Partner Loves To Eat

Everyone loves good food. Buy seasonal food, from fruits to seafood, for your partner and their family. Pack all their favorite snacks in a box and deliver it to them. Buy a bowl of hot soup for them during winter. Again, it’s a great gesture to tell how much you care about your partner.

3. Writing Letter

It might sound old school, but it’s really powerful. Sometimes we just don’t express ourselves enough in a relationship. When was the last time you told your partner how much they mean to you? When was the last time you told your partner that you feel sorry for something you did? When was the last time you told your partner you really enjoyed a certain moment with them? Now you can convey all of these important messages in a letter. The great thing is we don’t usually reread and keep all our text messages on our phones, but physical letters are usually kept well.

Try out one of these 3 tips today, and leave a comment below and tell me how it goes. If you love relationship tips, follow my channel.

See you soon!
You Were Someone Before You Met Your Partner
Tags: Relationship Rules, Dating Advice For Guys, Dating Advice For Women, Relationship Advice Women, Relationships Love Dating

Photo by RODNAE Productions from Pexels

There are some dating/relationship mistakes punishable by life. Don’t make them. ⁣

You were someone before you met your partner. Never forget that. Maybe even a happier person. ⁣

⁣If you have a heart filled with genuine love, you don’t need to act or be someone else just to impress your partner.⁣

A successful relationship involves an authentic partnership created by genuine/honest people. ⁣

⁣The right person (for you) will not only accept you the way you are; he’ll also inspire you to be the best version of yourself.⁣

⁣Most of the successful people owe their success to the daily inspirations provided to them by their partners.⁣

⁣But unhappy people (enslaved in a relationship) owe their sadness to the daily frustrations served to them by their abusive, nonchalant, and narcissistic partners. ⁣

⁣If you are a person of integrity, the right person (for you) will help you accomplish your goals and give you the freedom to live a purposeful life with them.