The Way to Wealth - 01 (Think like Riche people)

Why do you think the Rich are Rich and the Middle Class & Poor will remain struggling?

Simple... they do not play the same game

The rich are rich simply because they do not work for money. If we were to take all the money in the world and divide it equally among all humans, 10 years from now, we will be back to what the world is today. This means there will be Rich, Middle Class and Poor...

You may ask yourself how? Well, see the rich teach their kids what the average Joe does not... they teach him not to work for money! Not work for money?? Are they crazy?? What do they work for??

Well you see, the rich teach their kids that money should work for them and they should work to learn how to make it work for them. How to take risks, how to learn from their investment mistakes etc...

Today I hear lots of creative ways how NOT OT MAKE MONEY... :) some of my friends say, don't buy this or that business it is too risky... the same friends can barely afford a new car? Too risky... how do they know? Have they tried? I don't think sooo... Therefore, I believe that you must make mistakes with your money in order to learn and become better at playing the investment game! There is no insurance that your will succeed in your first attempt, but it is a gamble, just like playing poker... you need to learn first, strike then!

As a Habs fan (Montreal Hockey Team) I always wonder how many times did Maurice Richard, or Guy Lafleur, or any other athlete fall before they learned how to skate, then play hockey and become a legend... Simple math... the more you try, the more you practice, the more you will learn and the more successful you will become.

So my advice today is: Take a risk, even if it is a small one, but take it in order to learn. To become rich is like to learn how to ride a bicycle, you will fall few times, but then you will be able to ride without thinking :)

Good luck in your first RISK!!!