Financial Pictogrigm, Money Matters, and that sort of stuff...

Thanks Mike and Gordon....

Mike, I've really enjoyed your many posts.... :)

(Although many of the earlier posts have now scrolled off the forum, you can still find them with the "Search" function....)

I've also read "The Millionaire Next Door." It's a great book -- it really opens your eyes. And I can verify that it's true....

I know some people who are like those described in the book. They are ordinary people -- you'd generally say they are "middle class". But they are sitting on quite a lot of investments which will see them quite comfortably through their retirement years....

They don't splash their money around on many luxuries, so you wouldn't know it by looking at them. People's investments are usually quite hidden from the general public. I guess for these people the main benefit is a feeling of security....

Investments, though, can come in many shapes and sizes. Gordon's JVs are a kind of investment.... He's invested his time in creating some products (like reports, cassettes, ebooks), and lets other people sell them for him.... He *invested* the time, and reaps the rewards in those monthly checks he gets, month after month (as Gordon wrote about in the "Small Potatoes" story....)

I saw (in many ways) how smart Gordon is. Not only in his *investments* in creating products, but also through his chattel, his promotions, and his other work.... That's one reason why I really wanted to work with him....

He's *really* doing it. He doesn't just talk about it.... Sometimes it's hard to find someone who's not just blowing hot air.... But we've found the "real thing" in Gordon and his wisdom.

Gordon, I also DO like "Rich Dad Poor Dad" and Robert Kiyosaki's two sequels, "Cashflow Quadrant" and "Rich Dad's Guide to Investment." There are a few things I like to do differently (he invests in property, I prefer long-term growth stocks). But one thing he hammers into you is "Start Your Own Business!"

And this ties right back into the "Millionaire Next Door". What did *most* of these millionaires do? Most of them were Business Owners!

Here's something I found on another forum.... I found it on one of the forums at www.richdad.com (for discussion related to Robert Kiyosaki's products).... I quote:

What are the ODDS of becoming a Millioniare
August 16, 2000 USA TODAY analyst Danny Sheridan

Inheriting $1 Million------------------------------------- 12 million to 1
Winning the Lottery--------------------------------------- 12 million to 1
Playing the slots in a casino----------------------------- 6 million to 1
Winning a game show--------------------------------------- 4 million to 1
Saving $800 a mth for 30 yrs.----------------------------- 1.5 million to 1
Working for a dot-com that goes public-------------------- 10,000 to 1
Owing a small business------------------------------------ 1,000 to 1

These numbers speak for themselves!

Cheers,

Dien