No.1 Rule

Warren Buffett is known as the richest investor of all time. He was ranked as the world’s wealthiest person in 2008 and is the third wealthiest person in the world as of 2011. Buffett is called the “Oracle of Omaha” or the “Sage of Omaha” and is noted for his adherence to the value investing…

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Is money evil?

Some people can do anything for money. “Money is just a tool. We are the users. Money is not evil. The users who misuse it are the root of evil.” ~ KCLau “Lack of money is the root of all evil.” –George Bernard Shaw [S3VIDEO file=’M028-root-evil.mp4′]

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Don’t Dream it, DO IT!

Don’t dream it. Do it! Why waste time imagining how great life would be … if only all your wishes were to come true? Instead, take on baby step at a time to make any dream an awesome reality! If you find that your current situation is still the same or even worse than a…

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Banking business

There is a reason why most businesses have two set of accounting documents. One set is for the bank perusal. The other set has the real numbers. A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain. ~ Robert Frost [S3VIDEO…

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Counting Money

There is a Chinese phrase we are familiar of – “counting dead grass”. It is used to describe the extremely stingy people. You can be very calculative and careful about money. But that doesn’t make you rich. If you can count your money, you don’t have a billion dollars – J. Paul Getty [S3VIDEO file=’M025-counting-money.mp4′]

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Why you want to attend a reunion party

You go … you eat … everyone talks about their accomplishments (brag brag brag) their kids (more brag brag brag) their new home (braggity brag brag) their jobs (you guessed it, more bragging) ~ Schweisshund You go back home and try to compete for next reunion. By the way, it is a healthy competition. [S3VIDEO…

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Loan Shark

Loan shark is lender who charges borrowers interest above an established legal rate. Depending on where a person lives, lenders typically cannot charge more than a certain rate of interest per annum. A loan shark, then, would be someone who illegally charged interest over the state’s legal limit, which could range up to, or even…

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Before and after…

Aren’t you curious about what has happened when someone got rich in a sudden? There are no secret after all. Many rich people tell us their story through biography or even over a meal. The lesson is that you normally don’t see what has happened in between. It is because you often ignore that. [S3VIDEO…

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Do you feel rich?

Money can buy a lot of stuff. Really a lot! On the other side, there are still a lot of things that money can’t buy. You can’t pay “money” for it. You may have to pay something else, such as paying “time”, “love”, “care”, “appreciation” etc. [S3VIDEO file=’M001-counting-rich.mp4′]

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It is better to be rich

Isn’t it ironic? Someone who is poor won’t get the necessary help most of the time. But as for someone who is rich, he gets all the help even if he doesn’t ask for it. If you examine the situation closely, the rich person deserves help because he/she is the one who gives out more…

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