Jul302010
04:40:51 pm
04:40:51 pm
It is a portfolio of someone playing not to...
It is a portfolio of someone playing not to loseIt's probably a better portfolio than more than 70 percent of the population, and that's frighteningBecause a safe portfolio is a lot better than no portfolioIt's a great portfolio for someone who loves safelyBut playing it safe and going "balanced" on your investment portfolio is not the way successful investors play the gameIf you have little money and you want to be rich, you must first be "focused," not "balanced If you look at anyone successful, at the start they were not balancedBalanced people go nowhereThey stay in one spotTo make http://www.culuxury.com/categorys_89_Coco-Chanel-Jumbo-Flap-Bag_1.html" target="_blank progress, you must first go unbalancedJust look at how you make progress walking
Thomas Edison was not balancedBill Gates was not balancedDonald Trump is focusedGeorge Soros is focusedGeorge Patton did not take his tanks wideHe focused them and blew through the weak spots in the German lineThe French went wide with the Maginot Line, and you know what happened to them
If you have any desire of being rich, you must focusPut a lot of your eggs in a few basketsDo not do what poor and middle class people do: put their few eggs in many baskets
If you hate losing, play it safeIf losing makes http://www.ooluxury.com/scategory_8_Hermes.html" target="_blank you weak, play it safeGo with balanced investmentsIf you're over 25 years old and are terrified of taking risks, don't changePlay it safe, but start early Start accumulating your nest egg early because it will take time
But if you have dreams of freedom-of getting out of the rat race- the first question to ask yourself is, "How do I respond to failure?" If failure inspires you to win, maybe you should go for it-but only maybeIf failure makes you weak or causes you to throw temper tantrums-like spoiled brats who call an attorney to file a lawsuit every time something does not go their http://www.naluxury.com/categorys_2_Gucci-Purse_1.html" target="_blank way-then play it safeKeep your daytime jobOr buy bonds or mutual fundsBut remember, there is risk in those financial instruments also, even though they are safer
I say all this, mentioning Texas and Fran Tarkenton, because stacking the asset column is easyIt's really a low-aptitude gameIt doesn't take much educationFifth-grade math will doBut staking the asset column 'J is a high-attitude gameIt takes guts, patience and a great attitude toward failureAnd failure turns losers into winners' Just remember the Alamo Most of us know the story of "Chicken Little," who ran around warning the http://www.ooluxury.com/category_3_Chloe_1.html" target="_blank barnyard of impending doomWe all know people who are that wayBut we all have a "Chicken Little" inside each of us
And as I stated earlier, the cynic is really a little chickenWe all get a little chicken when fear and doubt cloud our thoughts
All of us have doubts "I'm not good enough "So '$ and so is better than me Or our doubts often paralyze us "What if the economy crashes right after I invest?" Or "What if I lose control and I can't pay the money back?" "What if things don't go as I planned?" Or we have friends or loved ones who will remind us of our shortcomings regardless of whether we http://www.naluxury.com" target="_blank ask
Thomas Edison was not balancedBill Gates was not balancedDonald Trump is focusedGeorge Soros is focusedGeorge Patton did not take his tanks wideHe focused them and blew through the weak spots in the German lineThe French went wide with the Maginot Line, and you know what happened to them
If you have any desire of being rich, you must focusPut a lot of your eggs in a few basketsDo not do what poor and middle class people do: put their few eggs in many baskets
If you hate losing, play it safeIf losing makes http://www.ooluxury.com/scategory_8_Hermes.html" target="_blank you weak, play it safeGo with balanced investmentsIf you're over 25 years old and are terrified of taking risks, don't changePlay it safe, but start early Start accumulating your nest egg early because it will take time
But if you have dreams of freedom-of getting out of the rat race- the first question to ask yourself is, "How do I respond to failure?" If failure inspires you to win, maybe you should go for it-but only maybeIf failure makes you weak or causes you to throw temper tantrums-like spoiled brats who call an attorney to file a lawsuit every time something does not go their http://www.naluxury.com/categorys_2_Gucci-Purse_1.html" target="_blank way-then play it safeKeep your daytime jobOr buy bonds or mutual fundsBut remember, there is risk in those financial instruments also, even though they are safer
I say all this, mentioning Texas and Fran Tarkenton, because stacking the asset column is easyIt's really a low-aptitude gameIt doesn't take much educationFifth-grade math will doBut staking the asset column 'J is a high-attitude gameIt takes guts, patience and a great attitude toward failureAnd failure turns losers into winners' Just remember the Alamo Most of us know the story of "Chicken Little," who ran around warning the http://www.ooluxury.com/category_3_Chloe_1.html" target="_blank barnyard of impending doomWe all know people who are that wayBut we all have a "Chicken Little" inside each of us
And as I stated earlier, the cynic is really a little chickenWe all get a little chicken when fear and doubt cloud our thoughts
All of us have doubts "I'm not good enough "So '$ and so is better than me Or our doubts often paralyze us "What if the economy crashes right after I invest?" Or "What if I lose control and I can't pay the money back?" "What if things don't go as I planned?" Or we have friends or loved ones who will remind us of our shortcomings regardless of whether we http://www.naluxury.com" target="_blank ask
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