Reply: 1.1.2.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1
From: Sergey Golovin
Well-done Jeremy,
We can say (well I can) that you are qualified for Guru hat as well.
I have nothing to report really, I wish I could, only started last year. Started not because everybody does it, but because did not have enough to invest. Also R. Kiyosaki thoughts did clarify a lot as well.
I also heard good program on the radio and one Lady in America (sorry do not remember the name) had investment co. and one day Secretary/Receptionist did put data on the computer and did not save it (?) or somehow deleted it (?) and the whole lot was lost - all bank accounts of the clients, their own and clients amount of money invested, number of shares, etc. etc. Basically the whole co. went belly up.
Lady, the owner of the co. refused to give up. She lost nearly everything. She borrowed money for new car, new office, etc., drove her brand new car on the streets of the town trying to present the right image, refused any counselling, pretended that nothing ever happened and worked her ass off trying very hard to get clients and business back. She did succeed.
But before to start here first business, she grew up in the average family with average parents surviving from pay cheque to pay cheque and once she was working she spend all her income purchasing/buying things, hoping that it will increase her net worth. One day she realised that nothing will increase your net worth unless she has an asset. Once she realised that, the rest of it was piece of cake.
I think she also wrote a book and was here in Australia as well about 3-4 years ago, after she succeeded second time?
So, I'm not saying that I had spend all my income, I simply did not have enough to invest (due to number of reasons/circumstances), but I have to admit I did have similar point of view, hopping that doodads will somehow make my life easier.
Well, It probably does to some degree but only on the initial stage and to some extend on the way along, just to maintain that glossy image, no more no less then that.
Anyway, well-done Jeremy. I hope one day I can be in similar position.
Serge.