Multi-Billionaire

Agreed dude

I do think he's a great Robin... efficient scorer... guys that can run screens and not dominate the ball... catch and shoot. That comes very handy next to Batmans like LeBron, Wade or dominant big like Dwight. Magic should try deal VC for KMart... I do think Dwight-KMart and other Magic cast will be devastating.

JJ Redick has fared much better.

^I was an employee for 6 years, so I have had Earned Income. I now have Passive Income... and they don't compare. I have my investment plan and I know what I'm talking about.

If Knicks land Melo, I'll be happy for Knicks... although I'd boo Melo. Knicks had always been contenders in 1990s so it feels absent without the MSG piano in playoffs... I want to see them contend again. Is it me or does Danilo intentionally play poorly in the preseason so far, so he doesn't get dealt? He's at least twice the player he's shown so far this preseason.

^Haha true dat http://cdn.babble.com/famecrawler/wp-content/uploads/2010/05/Adriana-Lima-Baby.jpg These hot chics are attracted if you're an NBA scrub apparently. What do Carmelo get? LaLa

My man you do NOT get rich via WORK. ... Go to your bookstores, go to the financial section and see all the titles of the "get rich" books... Do they say "WORK LIKE HELL and GET RICH" or "WORK LIKE RICH PEOPLE"... or... ... do they say "THINK and GET RICH" or "THINK LIKE RICH PEOPLE"? The core difference between rich people and homeless men is really it: the way they think. Not their money. Money is just a measurement/ reflection of how they think financially. That is why rich people who go bankrupt (like D-Trump was once Billions of dollars in debt in 1990s) have a much greater chance to work their way up again to riches as opposed to poor/ middle class people go from 0 to riches... because rich people have a rich way of thinking that poor/ middle class people do NOT have. It's really THE ONLY THING that separates them. But can poor/ middle class people learn how rich people think? Of course... that's why you buy books and attend seminars. A simple example to look at how different rich and poor/ middle people think, when rich people have $10,000, the first thought in their mind is to turn that $10,000 into $100,000 or $1,000,000 or even more. What do poor/ middle class people do when they get lucky and hit a $10,000 lottery? The first thing in their mind is how to spend it: vacation, nights of boozes, clothes, gadgets, etc. That is why people who have 40k-60k jobs say, "I'll never be a MILLIONAIRE/ rich" because if they even manage to save $20k (a tall task, especially those that have a family), it will take them 50 YEARS to reach a $1,000,000 mark. If you want to be rich, you canNOT depend on EARNED income (aka income derived as an employee). The only way you get to be multi-millionaire via EARNED income is if you're a pro-athlete getting paid millions a year... or if you're a doctor/ lawyer getting paid 250k-500k/ year... but are most people athletes/ doctor/ lawyer? No. That is why you have to seek a different income. Incomes that MAKE YOU RICH: - Portfolio income (businesses, stocks, etc) - Passive income (rent, song, book, etc) These incomes are money-making machines... because they make money for you while you sleep. --- But this is not to say all employees do not have a chance to be rich. Those who treat their jobs as TEMPORARY jobs... building fund, and then turning their fund (Earned income) into Portfolio/ Passive incomes. E.g. Tim is an accountant but his heart and passion is really in owning a small restaurant (Portfolio)... he has laid out plans and he knows the money upfront to build a restaurant is $30,000... the rest of money is via bank loan. But he has $0. So, what he can do is work like hell as an employee (as an accountant) for 1-2 years until he gets the $30,000 in savings and then commit that $30,000 for his business. The bank agrees to give the loan and therefore he gets his restaurant built. It takes 1-2 years to make that dream happen... but he got it done! Tim never treated his accountant job as PERMANENT but rather TEMPORARY. He knew, although he's very good at accounting, his heart had always been about building and owning his own restaurant... he did it. Jobs can be full time, part time, casual... as long as you lay out your plans and work towards its attainment. That is why investing is your plan, and most people think investing is Wall Street... "buy stocks, pray they go up the next day/ week, get rich in less than 1 month". It doesn't work that way. Investing is your plan. If you love goldfish, set up an aquarium shop... if you love dogs, set up a pet shop or service center that takes care of dogs... if you love clothing, set up a clothing business... if you love cars, set up an automobile shop. Don't know how? Find out! If you're really keen and it's your true passion, you'll want to work in the businesses that you love and find how it works inside out. E.g. if you dream in owning a restaurant one day, you can always apply to be a kitchen hand, then if your passion in food shows, then you might be promoted to assistant chef... learn how to cook, learn how the business of restaurant is run... etc. I have been a kitchen hand/ help chef for 5-6 years and I have a better chance of investing and running a restaurant than someone who wants to multiply his money by investing in something he randomly chooses... because through 5-6 years of cooking and being in the kitchen, you got exposed and see firsthand how it's done. --- There's no guarantee of success if you decide to build a business, in fact, EVERY business in its development will be faced with a minor/ major failure... it's up to YOU to keep on going with your investment/ plan (it's your LOVE and PASSION that will get you through like Real Deal kept building the OTR back up even after it got repeatedly hacked)... or quit in the middle of the road. It's important to have a genuine passion/ love in what you do... or at least be knowledgeable about it... if you want to be successful.

^Because, again, money making is easy... but people tend to overcomplicate things. They think it is HARD why? Because the only way majority of people know how to make money is: via working/ job. Anything else is "beyond their reality"... when it's actually very well within their reality. Majority of people want "assurance", "security", and "safety"... that's why they take the safest choice, job with long-term security... but abundant riches do not go hand-in-hand with security.... abundant riches will come to people who seek freedom (not security) in their lives. People say "investing is risky"... of course it is... IF you don't educate yourself. Stock investing: If you have a chance to invest your money in 1.) shares of Lakers or in 2.) shares of some random chinese team in Chinese League? Which one would you invest your money in? Of course, in the organization that you have most knowledge in... knowledge about the organization: how good the team is, you know the personnel: coaches, players, etc. Would you invest in Facebook or MySpace? This is all common sense. You don't know about a certain company and want to invest in their shares? Don't guess, don't hire an expert to give you "hot tips"... that's where people lose their money. Research and find it yourself! Real estate investing: - That spare room in your house/ apartment can be rented to get a passive income... - That $250/week apartment that consists of 3 rooms, you know each room can be rented for $150/ week. If you rent all rooms, you get a profit of $200/week ($450 - $250). Ask tenants to pay their own bills. A $200/ week income is $870 per calendar month income with you not working. And it's just one property. - You can buy a $600,000 property which consists of 2 rooms, and turn it into 3 rooms and sell if for $800,000. $200,000 capital gain profit in less than 5 months. - You can buy a $600,000 property, 90% loan from bank, and rent the rooms and essentially making the tenants pay for your monthly mortgage... Of course, not all properties will give you a $870/ month income... or not all properties can give you a $200,000 capital gain profit if you simply just add a room. It all depends on the LOCATION... e.g. near city suburbs will probably have an average rental of $250/ week for 1 room, whereas those located 10-15 miles/ further from city only rents for $100-150/ week. In investing, you have to KNOW first before you DO. Too many clueless people say, "I have $30,000 to invest... what do you suggest I invest in?" --- Another common mistake to most people is not knowing the difference between Assets and Liabilities. Simple defined: - Assets PUT money in your pocket. - Liabilities TAKE money our of your pocket. So before you say your house, your car, your HDTV, your PS3 are your assets because "I lovveeeeee them very much"... think again. They're in fact liabilities... because they TAKE money out of your pocket. People then will say, "houses in my area have a steady increase in value... and in 10 years it will double the money I purchased it for."... yes... but will they actually sell it? Until they sell it, they will not realize the profit... and what do most people do after they buy their "dream home"? They keep it forever. So for as long as they own the house, paying the mortgage every month, the house is deemed as a liability because it TAKES money out of their pocket every month. Bankers will say "your house is an asset" but they do not tell you WHOSE asset it really is. It is THE BANK's asset... because you're paying the mortgage every month to the bank. Every item that you own right now is a liability because they cost/ at one point cost you money... they TAKE money out of your pocket. That's why people bought house/ nice cars/ boats/ shoes/ expensive clothes because they thought they're ASSETS... when they're really LIABILITIES. Before they know it, they dedicate a HUGE chunk of their lives just to catch up with their credit cards and bills they used to pay for these "assets". But these liabilities can be instantly turned into assets IF you rent/ sell them. If you have to pay $2000 mortgage (including tax and insurance) for your house every month, but your it has 2 spare rooms, if you can rent the 2 rooms for a combined of $3000 every month, that means it gives you $1000 every month without you working. This when an item is called an ASSET because it PUTS money in your pocket. --- Investing is a plan... usually a long term plan. Don't be deceived/ lured by the "get rich quick Wall Street" style/ stock investing and get rich in 1 day... it doesn't happen... unless you're extremely lucky and you actually count entirely on luck for your financial life. It is easy and simple but you have to have the knowledge in what you're investing. You can't just try to sell a product/ be in a business you don't have any knowledge in. Real, do you think you can invest in a computer shop business, which I assume a field that you have a lot of knowledge in? Or would you rather invest your money in a restaurant business... which I assume a field that you have very little of knowledge in... unless your brother Terry can actually give some knowledge that he has from being a pizza chef... It is you (the investor) who is really the asset or liability, not the stock/ business. Buffet bought failing businesses seemingly at the end of their business lives with little - 0 hope, and turned them into powerhouses... one of them is a $150 billion worth Berkshire Hathaway. But some bought a business with seemingly bright prospects in a hot location... and destroys the business. Whether something is an asset or a liability really depends on you as the investor/ owner. --- Lastly, people live in 2 worlds: - World of financial scarcity - World of financial abundance People in world of scarcity will say, "do you think money grows on trees?"... "do you think I'm made of money?"... "I can't afford it"... "making money is hard... work is the only way you make money". People in world of abundance will say, "don't worry about money. If we do the right things, there will always be plenty of money."... "don't let not having money be an excuse for not getting what you want."... "making money is easy if you love what you're doing, know it, and invest your time and money in it." Scarcity and security go hand in hand. That is why people who seek job security or guarantees are often the people with less abundance in their life. As long as you live in world of scarcity, you will always think that riches are for those who "get extremely lucky"... that you're not worth the riches... etc etc. Change the way you think... if you are not already in world of abundance.

Just like Kournikova who's done with tennis but continuing modeling.

^Read my posts carefully... they are a response to members' posts. To understand my posts, you need to read the other members who posted before me. My posts are a response to other members' posts. Making money is logic, common sense... but a lot of people think making money is so difficult they shy away when the subject of money is discussed. Those people who wear suits, drive fast cars and speak complicated financial jargons to make themselves sound smart probably don't understand what they're talking about themselves. Multi-millionaire Robert Kiyosaki said if someone can't explain a financial term/ definition to a 9 year old in 7 minutes or less, chances are they don't understand it themselves (that's why ALL Kiyosaki books are so easy to read, it's like reading comic books, no exaggeration it's so easy... you will keep reading esp if you have interests in the financial aspect of your life). That's why my posts sound so basic they often sound naive... but money-making is basic and very simple. People tend to overcomplicate things especially when it comes to their financial life... that's why they hate the subject of money/ shy away/ run away from it... some even treat the subject as taboo as if money is an obscene. Yet they wake up so early the next morning when they don't want to, jam into a packed train/ bus when they don't want to, fighting traffic those in their own car... everyday for the rest of their life... all for... money.

http://sports.espn.go.com/sports/tennis/news/story?id=5713080 Let's be an NBA star/ scrub and start bangin hot chics :o

Money money money money :glasses: That kinda lifestyle is to motivate the college athletes now they get a little taste of financial life as a pro.

Guys, I never tried to mean that "creating a basketball forum" is the same as "becoming rich". They're different goals of course... but where they're the same is: they're a goal. Becoming rich, creating a basketball community board, becoming an NBA player, becoming a doctor, owning a big-[expletive] house by the beach, having a collection of cars... ALL of these are different, however they remain the same: a goal. I just happen to have a goal of "becoming rich", Real had a goal of "becoming rich" when that didn't turn well he shifted to having a goal of "giving the community a basketball forum", some of you have a goal of probably "being a celebrity/ movie star"... and however different they are, they have one thing in common: they're a goal. I need you guys to know that I NEVER mean: - "Becoming rich" is better than any other goal - That I'm better than you guys/ people just because I have a goal of "becoming rich" "Becoming rich" is just one of so mannny goals a person can have. It is different than "creating and maintaining a basketball forum" but where it is the same is they are a goal. Goals can be material (money, cars, women, houses, basketball forums) or spiritual (happiness). One is not better than the other. If I ever imply that my goal (of becoming rich) is better than other goal or makes me better than the next person, then I apologize... it's never intended that way. --- But I wish to say this... I hope you guys never discourage people who have a goal of "becoming rich" by ridiculing them by saying to them that it's impossible... because it is the same as someone telling you that "creating and maintaining a basketball forum successfully" is impossible... "having big house with pool" is impossible... "becoming a movie star"/ "writing a successful novel" is aiming too high... etc. You wouldn't want someone telling you that you can't achieve your goal/ dream. You guys have to remember "becoming rich" is the same with other goals, in the respect that: they're a goal. They're different in that they go on different journeys and different undertakings, but they're a goal. People who have a goal of "happiness/ religiously committed" will look, act, shape differently than people who have a goal of materials such as "becoming rich", "owning houses", or "women". In other words, people who have different goals than yours will be different than you, but you must recognize that no matter how different you and they, we are all driven by the same one thing: goal. I would just say, no matter: - How naive (before light bulbs were invented, people thought Thomas Edison was naive/ just plain crazy trying and failing 10,000 times before... he succeeded) - How unrealistic (before planes were invented, people would think someone dreaming of flying was just naive/ plain insane) - How impossible (before phone was invented people thought it was impossible to have an electronic device that connected people miles apart, before TV was invented people thought it was impossible to broadcast live news before it hit the next morning's paper... before internet was invented people thought it was impossible to send letters/ messages in second instant not days/ weeks long physical letters) ... a dream/ goal is, never destroy it. Be it your own goal, or someone else's. If you start telling your friends, best friends, siblings, families, even yourself that you/ they CANNOT DO something, it's the greatest disservice you can do to you/ anyone. And when you have children one day, you will also say the same thing that they CANNOT DO before they even begin dreaming. So if you have a dream/ goal (be it "becoming rich", "becoming a movie star", "inventing teleport device", "creating and maintaining a basketball forum board that will be sure hacked numerous times by jealous competitors", "becoming a singer") you have to protect it... don't let ANYONE tell you you cannot do it, not your parents, not your best friends, not even yourself! http://www.youtube.com/watch?v=a_yW3152Ffc I love ya guys

He already passes, defends better than Rose. Rose would probably score more ppg this season, but it wouldn't take long before Wall surpasses Rose in nearly every stats category... except maybe the FG% department where Rose is pretty efficient.

^I was responding to their posts... e.g. Real said it's bs for anyone to get rich by their determination and belief alone... so I responded... that's a discussion. You and I also had a discussion, you posted what you had to say so I responded to your posts... which were actually a discussion until you resorted to telling me to "watch my [expletive]ing mouth when discussing you" when I wasn't even discussing you in that particular post, but rather Real (at least as far as his initial dreams of riches are concerned). People change their dreams, for Real it's from being a financial success to creating a successful basketball board... which he did successfully. He's a failure from his own financial dream standpoint, but a huge success (imo) from creating and maintaining a successful basketball community forum.

4 pts on 2-5 shooting vs. Cavs. It's preseason, but it's not a good indication for a 2nd overall pick trying to find his place. I wouldn't say Turner will be as bad as Morrison... but I do think he'll transition to NBA slowly before becoming a star. Some stars take 4-5 years to learn the roles and how they could excel in a system.

^Dude if you don't like my posts just leave/ ignore them. I am not overly concerned about your posts like you seem to be about mine, to be honest. -_-

This is important... you said: I didn't say that's ALL you have to do to become rich... it's the very FIRST step. Believing is the very first step... you have to believe to make something happen. Without belief, whatever you do will not last long. The next step is to organize a plan and put your belief into ACTION. Action is the ultimate affirmation of your belief... they say, "you don't truly believe in something until you do it or do something that reflects your belief." - People who truly believe in something will act that produce outcomes that reflect their beliefs. - People who believe in something but never act on their nothing will happen to them... in fact, their belief (if not acted on) will disappear over time - People who have a highly organized plan but don't believe in the plan will never persevere when things get rough... it's the belief that keeps them going. They will crumble when they're hit with a 1st failure and 2nd failure... which INEVITABLY will hit any business. --- I will give you an example that you can relate to very much: when OTR was hacked and all members and posts were eliminated, it didn't crush you... you said something like, "OTR will be back stronger than ever." when other forum owners would easily just quit. Out of hacked community forums, OTR is one of the few that came back up after it's hit the hardest. If you want to put this analogy into financial riches, if there's only 1000 billionaires in the world of 7 billion people, OTR is probably that one billionaire out of that 1000 forums in the world of 7 billion forums. - What kept you going when other forum owners would have quit if they're in your position, and their forums were hacked to rubble? Rewind to 7-8 years ago, when you were still at JBB and other forums, prior to OTR's existence... you must have dreamed and desired your own basketball community forum. And that led you to dreaming about it every night... desiring it, until you firmly believed in your mind (0% doubt) that you're going to create a basketball forum. That's also called "decision" to create a basketball forum (similar to a decision of people "deciding" to become rich). Once you firmly believe in your desire, you decided to carry out that belief... via plans... then you put the plans into action. And tada... OTR was born... through some unsupervised promotion PMs on JBB also lol The belief, the love, persevered you through numerous hack attempts by these low lives over the years. Even when the unimaginable hit, when OTR was destroyed to nothing... you said it's going to stand back up and become even bigger than it was. You did it. Business owners/ people who quit their dreams in the journey can look at you with admiration. They can learn something from you. Even for the people who are set to embark on their journey for the first time (like me) can also look at this and observe how you persevered through the tough times, even when you had your own medical problems with your eyes and diabetes, which made the hard going twice as difficult. It's truly admirable... OTR is one of the symbols of success. In fact, I promise myself in my journey to riches when I am faced with a failure (which I certainly will be) I will remember OTR, how it kept standing up after being knocked down over and over... Even if your dreams are no longer financial riches, you are and should be considered a big success for standing firmly in your belief and never letting anyone/ anything destroy your dream of a tight basketball forum community.

Investments/ investing are not ALWAYS a gamble. Those guys who are clueless on stocks, pay "experts" to give them "hot tips" which stocks are hot which are cold... buy thousands of dollars worth of stocks, pray the next day the prices go up, are GAMBLING. They're not called investments/ investing. Investing is not a method/ your stock... investing is your plan, usually a long term plan, not the "get rich quick Wall Street" style. If you have a plan of how to make your savings of $30k into $500k in 5 years, that plan of yours is your investment. To invest properly you must at least have a certain knowledge of what you're doing. If you don't know what you're doing, it's like throwing darts blindfolded and hope for the best result... that's not called investing, that would be gambling. E.g. In the property that I sub-lease, I rent out 2 rooms. The rent for the whole property is $320 pw... since it's in one of the hottest suburbs in Melbourne (near beach, restaurants, cafes, bars, close proximity to city, etc) I know I can rent each room for $200pw for the single room and $250pw for the double room. It gives me a $130pw ($450 - $320) passive income every week or $560 per month... which means even if I don't work, I get $560 monthly. I have to be realistic and know what the markets are... I can't expect to rent a room for the same price in a property located 10 miles outside Melbourne as this one. E.g. in a suburb 10 miles north of Melbourne, you're lucky if you can rent one big room for $120... but in the suburb where I live, $200 is pretty cheap. You have to know what you're doing. In investing you have to know what you're doing, not simply throwing darts blind folded. In Wall Street stocks buying/ selling however, most people "buy tips" and do not know the real knowledge of what they're doing. What they truly do is gambling, not investing. That's why like in gambling, they win some and lose big. Only a few know what they're doing and these few are rich. Warren Buffet buys failing companies and turns them into powerhouses... this is not to say "everything he touches turns gold". He just knows based on his own knowledge, experience, and observations which ones to buy (those that have potential) and which ones not to (those that do not have potential whatsoever). He knows which stocks to buy (Coca Cola shares), and which stocks to stay away from.

Dude (Nitro) I was responding to Real's post how he said many people in life tried to be rich and failed... Stuff happens dude... stuff of our own doing (drugs/ alcohols/ procrastination/ negative thinking), and stuff that we can't control (Real's medical condition/ natural disaster). It's a matter of playing with the cards you're dealt and making the most of them. You're right now blaming your shortcomings for the failure of your goal... it's called excuses. I know it sounds tough, but no matter how valid the excuses are they're still called excuses... you don't reach your initial goal/ dream and mention these as a reason why you didn't reach them. The 99% of people who are not rich have thousands of excuses... no matter how valid and sad they are (losing limbs, losing a family member, blaming their parent, neighbors, themselves), they are excuses. The 1% who make it also go through tons of shortcomings of their own just like the other 99%, but the difference is they push through and prevail. You LET these shortcomings stop you from reaching your goal.

Yup like most people who replied to me here you didn't read my posts... I did mention athletes and CEOs in multi-billion companies. Real, you tell me if you understand the difference between Earned Income, Portfolio and Passive Incomes. Those people who you say try to become rich, try the WRONG income to make themselves rich. They dream to be rich as a 40-60k/ year employee... If they can save 20-25k/ year (unlikely), it will take them 40-50 years to become a millionaire... talk about being difficult to become rich This is because Earned Income has NO LEVERAGE at all. Why is there no leverage? Because time is the only asset you trade in exchange for that Earned Income (money). In comparison, let's see how quick a Passive Income can get you to a million mark. My former boss I mentioned in my last post... is no different from a surfer dude in his 40s and stoned-faced guy you see... I also bet in terms of knowledge, academy, you beat him by miles, it's not even close. Dude pauses when he talks, as if he forgets what he wants to say, I swear it's weird sometimes... like he's sober after drugs. But he knows how money works, he has 20 properties (I personally saw the files in his office... 20 of them... who knows he got more in his other offices)? If each makes him $500/ month, he makes $10,000... if each makes him $1000/ month (which I suspect), he makes $20,000/ month... all while he "works" 2-3 hrs a day, AT HIS OWN PACE, not to mention be his own boss... I was one of his employees (moving stuff/ furnitures in/ out of "his properties"). If he just makes $10,000... that means he gets $120k/ year. That means in 8.3 years he becomes $1 mil rich. Compare that to the 40-50 years of savings a 40-60k employee has to go through before they reach their $1 mil mark. Extra info: I do sub-lease myself (but just one property)... it sure takes some effort to get to 20 properties like my former boss does. So I'm not completely "clueless" when it comes to Passive Income.

^Give you a simple example... try to cook a beef lasagna and in your mindset you're 100% thinking about making a bolognese pasta instead. That lasagna will never be made. It's similar to your mindset when you set a goal... you have to have the end result exactly in your mind before it's made/ produced. 1.) If you dream to be rich, you can't be "I want to be rich" vague. You have to be exact. What pasta are you trying to make? Bolognese? Carbonara? Amatriciana? Marinara? In your financial goal, you have to determine the exact amount and exact time you plan to achieve it... e.g. "I plan to be $100 mil rich by age 35 years". Your brain targets the goal exactly. Vagueness will lead you nowhere. 2.) Another example, when the PS3 was launched, when it was still $600-700, people who couldn't afford it had to dream, desire, and save their money to make their dream happen. Did they get sidetracked? If they're thinking (instead of the PS3) about a PS2 or Wii or XBOX... then yes, they got sidetracked very easily and never bought the PS3. But most who had genuine, burning desire to buy the PS3 did get theirs... and some of them who had measly income had to save for months and maybe years... but in the end they got it. Because they're PERSISTENT. People in life get sidetracked from their focus via obstacles... when they get a failure, they treat it as a permanent failure instead of temporary one. When they fail, they tend to quit, instead of being persistent. You had a dream of sitting on this pile of money, instead you got misfortune with your eye conditions and got into debt for medical expenses... Stuff happens dude, including those you can't control, but do they cause you to be mad at the world for your misfortunes, quit from attaining your goal or do they make you stronger? Judging from your post, it seems like you quit and they make you weaker (to be honest with ya) at least when it comes to financial goals. It doesn't say at all about persistence. At the end of the day, you're not sitting on pile of money (your original dream) but instead this pile of debt you're talking about... There're about 1000 billionaires... why can't you be one of them? --- How can you put a single mother with 2 kids as an example? Do you really think you can work your way to be rich (aka $1 mil or more every year)? Sorry dude but wow Only way earned income can make you rich is if you were an NBA player/ pro-sports getting a multi-million income or if you're a CEO in giant companies owned by billionaires like D-Trump, Buffett, Ellison, Jobs, Gates, etc. The rest of them? Doctor/ lawyer probably makes $250k a year... People think it's hard to become rich because they're looking at a wrong income to be rich. You can NEVER become rich, or at least takes you a dammmmmmmnnnn longgggg timeeeee to be rich via this "Earned Income" (aka income earned through working as an employee). Can an employee enjoy an affluent (100k - 1mil/ year) lifestyle? Yes, but not rich level (1mil or more/ year). The only way you get rich is if you generate "Portfolio" and Passive" Incomes from your assets. Portfolio are your businesses (restaurants, shops, etc), Passive are things like songs, books, rent. Rent is the easiest for people to get passive incomes it seems... that's why so many people go real estate in search of passive incomes. My former boss is like an ordinary guy you find on the street. The difference? He sub-leases 20 (twenty!) properties in his area... he doesn't own them, he sub-leases. He goes out find owners that are willing to rent their properties to him, e.g. they rent it to him for $1500, and he furnishes the apartments with beds and amenities, and he leases to tenants for $2000/ month. He gets $500 per month PER PROPERTY... and he has 20 of them. This means, he gets $10,000/ month into his pocket... with minimal work. And this is my estimation only for the profit he gets from each property... In the hottest suburb here in Melbourne (beach, 24hr restaurants, 24hr cafes, bar, nightclubs) it could be more. If he racks in $1000 PER PROPERTY, that means $20,000/ month. If you think you can get an Earned Income (income earned as an employee) of $1mil/ more per year... let me know. I'll sign up... I'll be a damn employee. This is where you get it wrong... If you want to be rich, forget Earned Income dude! You're wasting your time.

I love people who think like rich people... Flash, and ECN, welcome to the billionaire club! :) Or if you reach there first, invite me...!!! Most people think rich people are generous because they're rich, when it's the other way around. Rich people are rich because they're generous. Those who are rich but frickin stingy (through inheritance, lottery wins) will not last long... look it up how much these rich people give up to charities. D-Trump, Gates, Buffett, NBA players regularly write cheques to help out. Gates (60 billion) and Buffett (55 billion) plan to give as much as 95% (NINETY FIVE PERCENT) of their wealth to charity and keep only 5% to themselves. That's ultimate generosity. I don't care if you say 5% out of 55-60 billion is "still a lot of money", giving up 95% of your wealth is no easy task. Look around your neighborhood, locate rich people and find out if they have been generous... and how much they give out... how often, etc. You'll be surprised that rich people are not as bad as the poor-middle class people often tend to make them to be.

22pts in a blowout win against the team most likely to unseat the Lakers? (Thunder) wow this Afflalo guy is a real stud.

At the end of the day, it's our choice to be who we are... it's up to you. Am I saying I will be a multi-billionaire 100% sure? No. But as long as the dream and goal put me in the journey, it will be very well worth it. But other people will have different journeys in their lives... mine just happens to want to be rich... as long as you're happy... just make sure you pay your taxes without complaining. I will also need employees (you guys) when I become an employer jk