28 October 2012

Nothin' Wrong with Wealth

Is money that evil?


I remember when I was a child. I used to read Richie Rich comic books. I even watched his animated TV series back in those days.

For those not familiar with him, Richie Rich is the son of unbelievably wealthy parents, who live in a mansion at Richville, and is considered the world's richest kid.

Richie Rich and his family almost has everything a wealthy family could possibly have - a big mansion, a number of pools, cars, high-end appliances, even butlers who serve him from morning till night. He even has a dalmatian which has dollar signs on it instead of spots!

The Poor Little Rich Boy doesn't look evil to me.
While many would comment about the exaggeration of a life that Richie Rich has, there may sometimes be envy among those who want to be like Richie Rich. Maybe his fortunes are just too great enough to think that having all those can be an indicator that not everyone is privileged to have such wealth.

Or maybe it's because... Richie Rich has been negatively stereotyped to be a bad example of having wealth.

In short, getting rich can be as evil as other people thought it would be.


26 October 2012

The Best Time to Start

Usually, when I am out of books to read because I have not borrowed or purchased one lately, I tend to re-read another book. That book I want to re-read depends on what I am looking forward to re-learn as I venture into a field that may look unknown to me. But I am fully aware of the risks and potential that come with such field.

While waiting for my application to invest in the stock market, I decided to read one of Bo Sanchez' latest masterpiece in financial education (and also a must-read if you want to be truly rich):


The Turtle Always Wins: How to Make Millions in the Stock Market


It was a pretty good investment for my part because it has been in my possession since buying it last July. Now I have come to a point where I make the real financial investment - by investing in the stock market. With Brother Bo's vision to make others become multimillionaires and the guidance in going into such opportunity, I believe I would prosper in such field and in return, be able to help others prosper as well.


...but this post is not about the Stock Market


24 October 2012

Breaking the Cycle

As I make this post right now, payday is just about a week from now for most employees, and for others, probably tomorrow, or every day if you are someone earning everyday from your business or your self-employed profession. As I talk to most people about how payday has blessed them from top to bottom, they often share the good times, with so much to spend for recreation and to relieve stress from the long work. Often, they speak of the times they have to pay others first, through debts incurred, whether necessary expenses or not, or even any outstanding bills that has to be settled first, like mortgages, monthly bills, and health maintenance.


Regardless of how much money they have earned, most of them end up with little or no more money left to cover their daily expenses and other matters. They usually end up waiting for the next payday to receive another set of income, and the system goes on until financially "free". While some of them would set aside for savings, which I am happy to hear also, questions will always be raised raised. Some of them are - how much are you saving from your income? Are your savings really "savings"? And for what reason/s are you saving?


Life has always been a cycle. Humans start out as babies, the become teens, and then they are old enough to decide for themselves what they want to do in life, procreate, and the cycle goes on and on. Of course, this takes time in order for such cycle to take full circle.