What do you rate these two areas as?

Discussion in 'Investor Psychology' started by LeoT, 12th Jun, 2015.

  1. sash

    sash Member

    Joined:
    10th Feb, 2003
    Messages:
    3,581
    Location:
    North Shore, Sydney
    That could be a problem for me....I have been certified a clinically insane! :D

     
  2. oc1

    oc1 Developer

    Joined:
    31st May, 2005
    Messages:
    1,827
    Location:
    .
    When you increase No 1 you increase No 2. In other words the more you know the more balls you have to pull the trigger. Just saying
     
  3. LeoT

    LeoT Member

    Joined:
    31st Aug, 2014
    Messages:
    887
    Location:
    Sydney, NSW
    Good point as well.

    Usually I have found that a lot of ppl don't get to No 1 (property knowledge/investing) until they have some kind of mindset shift first though...

    Cheers
     
  4. LeoT

    LeoT Member

    Joined:
    31st Aug, 2014
    Messages:
    887
    Location:
    Sydney, NSW
    I would have been surprised if you didn't add feedback to this thread Rix :D
     
  5. LeoT

    LeoT Member

    Joined:
    31st Aug, 2014
    Messages:
    887
    Location:
    Sydney, NSW
    Sash that's perfect!! The other 97% of society already see people like us as insane for how we see life. ;) Ironically, we see them the same.
     
  6. Rixter

    Rixter $uper Investor (Retired)

    Joined:
    15th Mar, 2001
    Messages:
    9,335
    Media:
    12
    Location:
    Highton Vic.
    Beats being certified clinically dead. ;)
     
  7. Xenia IM

    Xenia IM Property Manager

    Joined:
    19th Dec, 2014
    Messages:
    754
    Location:
    Adelaide, South Australia
    You can lead a person to knowledge but you can't make them think.
    Mindset is just as important as actually DOING IT.

    You gain knowledge by stuffing everything up along the way.

    In this game of life you WILL lose money, the correct mindset un-attaches you from money, it allows you to see the truth, that MONEY is not scarce and it is not precious.

    People with the wrong mindset link their identity to money, they behave as though loss of money = loss of survival. This is FEAR, it is UN TRUE.

    Read some of the posts on this forum where people are attacked by vultures at the mere thought or idea that someone can "make them" lose money. No one has done anything to these attackers, it's all in their mind and this is a lack of total consciousness around wealth building. In fact it IS clinically INSANE! You cannot create wealth from that thinking, even if you desperately want to. Survival programs that make money precious and attach it to self worth will never enable you to make money. You will be unable to "risk" the "precious substance" enough to grow it and the insane fear that people are out to take it... well that is not going to work either.

    No amount of vision boards or mindset books are going to help if you do not increase awareness and change from within.

    The correct mindset is TOTAL RESPONSIBILITY and understanding that you attract everything in your life.
    It's understanding that money is abundant and created by creating value for others. It is not precious nor scarce and certainly not attached to self worth.

    Money is nothing more than an agreement.

    Money is an inert substance that can be used to enhance your life, it is not to be valued.
    People and relationships are to be valued and this is the only thing you take with you to the grave.
    Use money, value people and if you get this mixed up and the wrong way around then you have the incorrect mindset for creating wealth!
     
  8. MIW

    MIW Member

    Joined:
    16th Oct, 2011
    Messages:
    927
    Location:
    North Shore, Sydney NSW
    +1. I agree, once the mindset is constantly motivated, solutions and learning and the knowledge is then applied to solve any challenge faced, or applied to further invest. It happened to me.
    While knowledge resulted in more confidence the mindset allowed the necessary learning to further advance...
     
  9. LeoT

    LeoT Member

    Joined:
    31st Aug, 2014
    Messages:
    887
    Location:
    Sydney, NSW
    100% agree. We need to accept total responsibility and have zero time for excuses or blame. Excuses and blame are 2 extremely poisonous concepts to ultra high achievers.
     
  10. sash

    sash Member

    Joined:
    10th Feb, 2003
    Messages:
    3,581
    Location:
    North Shore, Sydney
    I agree.....most people can't fathom what I do with property. Most think it is absolute shoite...


    Hang on...phew...just took my pulse....I am ALIVE...!!!! :D
     
  11. MIW

    MIW Member

    Joined:
    16th Oct, 2011
    Messages:
    927
    Location:
    North Shore, Sydney NSW
    ha, ha, ha, this is so funny!:D
     
  12. Deltaberry

    Deltaberry Member

    Joined:
    25th Sep, 2009
    Messages:
    4,893
    Location:
    Melbourne, Victoria
    Reading this thread makes me think I'm reading the Bible at times.
     
  13. LeoT

    LeoT Member

    Joined:
    31st Aug, 2014
    Messages:
    887
    Location:
    Sydney, NSW
    How so DB?
     
  14. Richard Feynman

    Richard Feynman Mortgage Broker

    Joined:
    17th Jun, 2012
    Messages:
    1,550
    Location:
    Sydney, NSW
    Mindset is the master key.

    Everything else follows.
     
  15. MIW

    MIW Member

    Joined:
    16th Oct, 2011
    Messages:
    927
    Location:
    North Shore, Sydney NSW
    Yes, well done grasshopper!