It's worth paying $6,000 if you think you'll make more than $6,000 in profits as a result. But if you don't think that's likely, then it's probably not a good investment. Whether it's a good investment or not could be different for different people.

Keep in mind that the benefits won't necessarily just be from what you learn. You may also benefit from the contacts you make - they could possibly lead to new joint-venture opportunities (for example).

Here's a different example. I'm strongly considering subscribing to a particular weekly stock market investment newsletter here in Australia. It costs $799 per year to subscribe. However, I'm pretty sure that - if the investment advice is sound - I'll make much more than $799 in return as a result. If that's the case, then it's a good investment. If I don't make that much as a result of the new information, then it didn't pay off.

Some books you buy can pay off handsomely. About seven years ago I paid around $25 for a copy of "The Warren Buffett Way". I've made thousands of dollars from studying and applying what's in that book.

- Dien Rice


This Could Pay Off For You Too... If You Apply What It Teaches