By Mikael
The latest post I wrote turned into quite a bit of a discussion or rather a conversation since we all agreed that you need to take personal responsibility for what happens in your life.
The post was about retirement investing but it might as well have been about financial planning. All in all it is the same thing because to achieve anything significant you will need to plan carefully as well as act and follow through.
Whether we want to become wealthy or just financially secure there is no way around the planning and preparation part. The process (and it IS a process) consists of a lot of different parts that works together but one of the vital aspects is the educational part.
Whatever we do in life we will need some kind of training or ed... Read more
By Mikael
Now I know that this is quite a statement and there are probably a lot of people that would like to argue with me on this statement and that is just fine. But I would like to share my views on planning for your retirement and why I believe that listening to most advisors is a poor and brainless choice.
When I say brainless I am not calling you stupid but merely stating that most people are passively listening to what advice the most marketing oriented (those that makes the most noise) advisors are saying. And being passive means not using your brain and in that sense you could just as well be brainless
But there is one thing that is probably worse than listening to loud investment advisors and managers and that is to take advice from your... Read more
By Mikael
Have you ever given some thought to how differently people speak and the words they use? If not then it might be time to start giving it a bit more attention because it has been proven that your vocabulary has an effect on your life and that applies to your financial situation as well.
In the post about stopping your excuses we looked at bit out how words and in particular questions are an important part of becoming rich. If you ask good questions it will work for you but if you ask lousy questions it can hurt you.
In a study done by some social behavior experts they proved that people that are put in prison have a very limited vocabulary compared to the average person. Often a limited vocabulary would make the person more violent, which I ... Read more
Mikael Rieck is the author of more than hundred articles on topics of how to make money both online and offline. He has been online since 1999 and has always had a passion for money making opportunities and teaching others how to make a profit.