JYD

Multiple Choice 1.) Rich people are rich because they know how to use "leverage" for them. What are those forms of leverage? a. Other people's time b. Other people's money c. Other people's talent/ resources d. All of the above. 2.) If you want to be rich, you must know how to make "money work for you", not the other way around (work for money). What is the best example of "money works for you" below? a. David is a full time worker and buys car, houses, boats for his private use b. Bill works three jobs and he saves $1000 a month c. Tom buys a $15,000 boat and rents it for $1,500 a month. Ten months later, he manages to get his $15,000 back and still has his boat for rent. From 11th month on, his boat produces $1,500 for him a month, whether he works or not. d. Jeff buys $20 lottery ticket every week in hope someday he can cash in the big money. 3.) Which one view below that rich people have in common? a. "Investing is risky so stay away" b. "Investing is not risky if you educate yourself financially. It is risky if you don't." c. "Investing is gambling. Some days you get rich, some days you don't. So beware." d. "Investing is about the hot tips on how to get rich quick." 4.) To be truly rich, you have to achieve: a. High-paid job. A $100,000 a year will surely get rich b. Financial independence = your monthly passive income and/ or portfolio income, incomes you get regardless of whether or not you work, are greater than your monthly expense. c. A $1,000,000 networth. d. A $1,000,000,000 networth. 5.) Which one characteristic most rich people have and believe that it plays a big factor why they're financially successful? a. Being generous. You'll get what you give. If you want a smile from other people, be the one to smile first. If you want a hug, be the one to give a hug. If you want money, be the one to give money. When you give away your money, it has a strange way of coming back to you. b. Being stingy. Because they don't like to give away their money. c. Being obscenely cheap. d. Being happy. Because it's only thing you gotta do to be rich. 6.) Bill's job pays him $100,000 a year. He likes to buy cars, boats, italian suits, silverware, and expensive items for his private use. Bill is a shop-aholic, he likes new things because they "smell nice" and pays them mostly on credit card. He works full time endlessly just to pay bills, and he can't afford to get fired because if he does then he'll be declared bankrupt and have his items seized. Within two years, his company went down and his job was gone. Bill had to sell everything he had, even his house, and now he lives in a rental apartment with barely anything besides bed and fridge. What happens to Bill's financial life? a. His company went bankrupt, plain and simple. It's his company's fault Bill's financial life in shambles. He's innocent. b. His company didn't pay him enough/ he needs more than $100,000 a year. c. He thought when he bought cars, boats, italian suits, he thought he bought assets when those are really liabilities/ items that a person buys for private use/ depreciating in value. Bill not only spent on liabilities, he spent everything he had on liabilities, and left little to none for himself or true assets. A classic case of not knowing how to differentiate between assets and liabilities. d. It happens, it is beyond anyone's control. 7.) Asset, in rich people's simplest definition, does: a. Do nothing but to be enjoyed. b. Put money in your pocket. c. Take money out of your pocket. d. None of the above. 8.) When you buy an orange for $1.00 and then immediately sell it for $1.50 for a profit of $0.50, what is that profit called? a. Rip off b. Fifty per-cent c. Cash flow d. Capital gain 9.) On the other hand, if you buy a surfboard for $100 then rent it for $10 daily. After 10 days when you have got your money back, you begin to make profit on the 11th day on. What is that profit called? a. Rip off b. Seventy per-cent c. Cash flow d. Capital gain 10.) Investing is really about: a. Stock market. Put down your money today and get rich tomorrow. b. Real estate. c. Your method of investing/ your invetments products. d. Your (usually) long-term, boring, methodical plan. A plan that takes you from A to B, financially over the years. 11.) LeBron James gets paid $18-20 mil by the Cavs. This salary from Cavs is a type of _____ income. When companies use his name to promote their products, or release his books such as his autobiography, they pay him commission or sign him to a contract. This type of money is a type of _____ income. a. Athlete, celebrity. b. Small boss, big boss. c. Earned, passive. d. Athlete, athlete. 12.) The difference between earned and passive income is: a. Passive income keeps flowing into your account regardless whether or not you work. As for earned income, you have to keep working for it and if you stop, the income also stops. b. You have to work for your passive income, this means if you stop working, this income also stops. c. Earned income is usually bigger. d. Passive income is more complicated. 13.) There are two (2) money problems in this world, and those are "a problem of not enough money" and _____ : a. A problem of the USA dollars b. A problem of the corruption c. A problem of the monopoly by the rich d. A problem of too much money 14.) Antoine Walker made $100 mil in his NBA career, and now he declared bankruptcy. Basically the same like most people in society, trying to get that 9-5 job when his basketball days leave him. There are also several multi-million lottery winners who went from "riches" to "in debt" in a matter of years. What happened to Shimmy and these lottery winners? a. It's none of our business b. They ran into bad luck. c. They hang out with the people who fleeced them their money. It's the fault of the people around them. d. A case of poor people who stumble on big money in an instant and although they've become rich physically, they remain poor in their heart mentally, because all they've known about money all their life is "a problem of not enough money". So once they have money, they only know ONE THING what to do about it, and that is TO SPEND. It's a case of getting to the top (getting rich) but not knowing how to stay on the top (remain rich). 15.) The one that truly determines whether an investment is risky or not is: a. The investment b. The method of investment c. The market d. The investor themselves/ you 16.) Have you come across people (type A) who say "I'll never be rich" "I can't afford it. Forget it" and it just seems to be that way for them? And then you encounter other people (type B) who say, "I can't afford it, but how can I afford it?" "I'm not rich, but how can I be rich?" and they just seem to find their ways to achieve them? So what is the real/ core difference between rich people and poor people? a. Their money. Cmon... what else? b. Their lucks. Getting rich is all about pure luck and nothing else. c. Their friends/ relatives who present them opportunities. d. Their words/ thinking... and your words become flesh. It doesn't take money to become rich, it takes words. Good news is, words are free. 17.) To rich people, mistakes/ failures in investing/ financial/ business are: a. Bad. b. Very bad signs of one's financial skills and their financial future will likely be the same way. c. Unforgivable and unheard of. d. Opportunities to learn from and get better in the next ventures. In fact, they firmly believe you're not truly successful until you've made mistakes/ failed at least once.

Lol Socialism!

Says who? Fox News? I'm surprised you Republicans didn't like the fact he didn't go down there right away. He was letting BP take car of it, remember you guys don't want government intervention in business!

Not sure what people expect from him. I mean, he's been down there several times and has been meeting with BP officials on the best way to fix this...

I think he could be. Obviously, not yet. He would need to win another ring or two, and be more consistent for the next several years.

Lol Aight man.

lol...........

isn't the point of posting on forums to post everyone's own opinion? idk why anyone even responds to you on this site, you dismiss everyone's opinion with "i dont care what you think."

lol cuz honestly he has nothing else to rap about

text sucks, i can dig the rest though

maybe sharpen the render a bit more..rest is niceee!

and van gundy

it's a pretty good song. nothing amazing though. i'm not a huge fan of Em anymore, kind of just got sick of him to be honest, but i still can listen to a few of his tracks.

hmm seems pretty good.

he's not even a good announcer. his voice sucks and he doesn't know jack [expletive] about baseball.

but this is the type of hip hop YOU personally like. not everyone is gonna like this. there's a few types of hip hop. this is some lyrical [expletive]. it's [expletive] you could def. get into on your ipod, but it's not something im gonna bump in my car... i much rather listen to distant relatives or even reflection eternal (which, again, kweli is more lyrical and not something you really get into in the car)... i could get into this if it was on my ipod and i had headphones on working out to this or something but in my car i'm not always looking for the best lyrical [expletive]...that seems to be what you really enjoy the most, and im not knocking that, i can respect that because i think the game NEEDS more of better lyricists...but it's not something i always feel like listening to.

lol gotta disagree with that. have yet 2 listen to the entire album but the songs I've heard have been pretty good.

yea for sure. good mixtape. wiz khalifa is def. one of the hotter rappers in the game right now. deal or no deal is a nice album as well

Yeah I can't really get into Ross...His look and just everything about him is wack to me

No idea. Sometime later this summer I believe. Not too far away I don't think... Well, those two mixtapes don't really compare at all to The Cool Kids. I mean, The Cool Kids are completely different from Ross or T.I.

i dont get it lol

i loved the bake sale but didn't really like gone fishing. maybe it was because dj cannon was annoying as hell, but idk, just didn't like it that much. i've really enjoyed this so far..the cool kids are dope, i really hope they bring their best [expletive] to their album though.

idk i think it's part of the reflection Lol

well i got 6300 for my 01 honda civic (when the girl crashed into the back of my car while i was sitting in traffic outside of my high school)... so it was really only 500 dollars for my audi.

http://content.onsmash.com/wp-content/uploads/2010/05/TackleboxCover-500x500.jpg TRACKLIST 01. Fishing Lessons (Produced by Chuck Inglish) 02. Flying Kytes (Produced by Chuck Inglish) 03. Freak City (Produced by Chuck Inglish & Old Young) 04. So Neat (feat. Tennille) (Produced by Chuck Inglish) 05. Going Camping (Produced by Chuck Inglish) 06. Volume II (Produced by Chuck Inglish) 07. Birthdays (Produced by Ski Beatz) 08. Great Outdoors (Produced by Chuck Inglish) 09. Strawberry Girl (Produced by Chuck Inglish) 10. Systems (Produced by Chuck Inglish) 11. Good Afternoon (Produced by The Productionix) 12. Parking Lot (Produced by Chuck Inglish) 13. Summer Nights (feat. Tennille) (Produced by Chuck Inglish) 14. Los Angeles Leakers Outro (Produced by Chuck Inglish) 15. Gettin’ Flicked (feat. Boldy James) (Produced by Chuck Inglish) 16. Volume II (Remix) (feat. Like of Pac Div) (Produced by Chuck Inglish) DOWNLOAD http://www.sendspace.com/file/m9lpa4