Books and finance

Sam Walton, was a true definition of a billionaire. Sam knew very well how to create something for himself.

He knew the power that people had and how to leverage it into a network, and how to make it a greasy network that could generate cash,

His secret was that he always wanted to save money for customers, and that's why his customers loved him, his customers would moan at him,

His clients knew Wal Mart. It is synonymous with quality products at cheap prices.

Another secret of Sam was that he always checked out the stores of others. Because he always wanted to know what he knew? He always checked other people's stores.

Even though he was a billionaire. He was still checking out stores in Brazil. It is worth knowing whether in Brazil they know that he does not know.

Sam was a man of people. He always wanted to be nice, and he had the trick of saying hello first.

Sam knew how to use people's power. Sam knew how to take simple, middle-class people. And he knew how to turn them into expert sellers. He knew how to make people work together for a good goal

One of the things that stands out. Growing up in a time of scarcity, so he knew how to value every dollar, he had tremendous value for little money too,

He was very stingy about himself, and that's his secret, he wouldn't use the money, even though he's a billionaire.

Sam Walton, is a hero who tells the story of American success. Sam is what a great man stands for, integrity. Striving for excellence. Teamwork. And put the customer in the first place.

Sam always knew how to put his clients first. He always knew how to save his customers money.

Sam is the best businessman in US history. Wal-Mart is a story about simple people who made the store chain a legend

Homework: Read the book twice and summarize important points related to finance, and team management

Rich Dad Poor Dad

The rich dad book is the best selling book in the category of financial books.

The book came to tell the story of Robert Kiyosaki as a boy who wanted to be rich,

Robert had two parents, one poor biological father. And the other is rich with a father from which he learned to be rich (it was his best friend's father)

Robert as a boy always wanted to be rich, but his (biological) poor father couldn't teach him about money and finances because he didn't know anything,

the poor father was a learned man and he was also the school principal. But he didn't know anything about money and finance.

A poor father told Robert that if he wanted to learn about the money he could learn from a rich father. (His good friend)

When Robert was 7 the rich dad let him work for free because he wanted to teach him that rich people do not work for money, they work to making assets.

Robert in the book explains that rich people use the words of rich people, for example

The words assets and Liability are different,

Robert's definition of the word asset is anything that puts money in your pocket. And the definition of the word Liability is anything that takes money out of your pocket.

In the book, Robert said that your home is not an asset. Because you live in it, the house takes you money

Every month from your bank account

If you buy an apartment and live in it, this apartment becomes a liability because it takes money out of your pocket.

But if you buy the apartment and rent it to someone else, this apartment becomes an asset because it gives you an annual (cash from rental) cash flow.

The book rich dad and Poor Dad. It is a book that changes your perception of money and how to branch money positively.

The book explains that there are two types of duties. Good debt and bad debt.

Bad Debt - Bad Debt By Robert's definition, it's all debt that takes money out of your pocket.

And good debt is any debt that puts money in your pocket.

Let's take an example from the real estate world.

If to buy an apartment you have to take a mortgage and you also intend to live in the same apartment. This apartment is a liability, which means that you create a debt that takes out money every month.

But if you take the same apartment and rent it to another tenant and the price the tenant will pay will cover the mortgage and still earn you a profit. This means that you have created a good debt. That is a debt that makes you money.

The Daddy Book Rich Poor Daddy is a book recommended to the first reader because this book changes your thinking about money and finances. The book explains to you in a very simple way how rich people think and how rich people teach their children about money.

Bob Proctor says - You don't work to make money. You are a worthwhile service provider. You work because that's what you love to do.

Of course, I recommend you read the book Rich Dad Poor Dad because this book changes your mind about finance and money.

Homework: Read the book at least 3 times. And summarize a point related to money.

And record how rich people speak. And in what way

Arnold Schonzyniger, Global Success Story

Arnold was a boy growing up in a poor family, but always wanted to be a businessman and had a great affection for money and business,

At the age of 14, he began to obsess about physical fitness and bodybuilding, at 22 he was already European champion in bodybuilding,

Arnold is a living legend who came to teach us who was self-discipline, Arnold would work out in the gym 6 hours and six times a week. Arnold always expected to go to the gym to continue exercising, Arnold knew that he also needed to sleep with them to give the body the maximum capacity for muscle. Arnold was very high self-discipline who helped him become one of the world's leading bodybuilders.

Arnold became famous for the movies he made, at first many people said he couldn't be an actor because he wasn't an Austrian American, and people said his English wasn't good enough, or his body was too big,

By the time an opportunity came to play the role of the robot eliminator, and suddenly everything people said became his advantage, his name matched a movie star. His body was just right for the job. And also that he couldn't speak smoothly, it also suited the job. Because in the movie he doesn't have to talk much.

Arnold always believed in setting goals for life. Arnold says that you are the captain of a very large ship. But even a big ship can get lost if the captain doesn't know where to go. That's why Arnold is always trustworthy in setting goals and doing whatever needs to be met!

There were always people who didn't like Arnold and didn't say you Lett could do it and you couldn't be California governor,

Arnold never listened to these people and he always followed his goals. And so he became governor of California in 2002 and 2006,

Arnold also believed in the formula of turning every dollar into $ 2, and most of his capital he accumulated through real estate investing, he didn't know how to invest in real estate but he found a 60-year-old woman who taught him how to invest in real estate

Arnold is a success story of perseverance and perhaps most importantly self-discipline. So if Arnold can work out in the gym for 6 hours then you can work out 2 hours in the gym.

If Arnold trained in the gym 6 times a week. So you can work out in the gym 4 times a week.

You must learn to develop self-discipline. Because self-discipline is closely linked to your financial situation. Self-discipline is the ability to cancel everything and focus on doing just one thing.

Homework: I want you to start going to the gym at least 3 times a week (more preferably) Ask a qualified instructor to build you a workout plan. And if you have to pay him for the plan. Because at the end of the day, fitness and good health are far more important than financial happiness

Investment in gold and silver. (Coins and bars)

First of all, I want to tell you that you must invest at least 30 percent of your income in physical gold.

Gold is a definition of real money because paper money always loses its value. Because banks can always print more money or make money with the click. money digital that always goes down in value.

Gold did not decline in value. Because the banks cannot print gold. Gold retains its value and its value always goes up.

Gold is the definition of real money. If I were to ask you what features should you call it "money" what would you say?

We should be able to call "money" money we need several features

1 Money should be scarce, which means that nothing has it.

2 Money needs to know how to keep its value. That means the money won't lose value.

3 The money should be something you can buy or sell, which you can physically use.

4 The money should be when it is no longer possible to produce it. Money should be a limited resource.

5 Money should be global, which means that everyone recognizes it as money.

Gold meets any of these components, meaning that gold is a limited resource, is rare, can be bought or sold, and is global. That's why gold is really the real money. Gold has existed for thousands of years and there is always money for everything.

There could be a crisis in the world market where the dollar is going down and it is not worth anything which means that the dollar may be so weak that they will stop treating paper money as money. These people will start buying and selling gold.

As soon as it happens the prices of gold tablets and gold coins will fly to the sky. The twenty big banks and a man insure themselves and accumulate the gold for themselves.

Gold is real money and is also an insurance consciousness during an economic crisis.

I say this is middle-class real estate. Gold has always been considered a kings' money because gold always puts its value on it today in relation to paper money is very strong which means that any paper money you have in your bank account or with you would be worth nothing. Or it wasn't even worth the paper itself

Before investing in gold I want you to start studying the subject. You will begin to understand, for example, what is the starting point? At what price is one ounce of gold mined? What about the premium price? How it is determined. Where do I buy gold? How do I know I'm not buying fake gold?

You need to start studying the realm of gold.

Before you buy gold, you need to check Google Maps. You want to see reviews on the same gold-selling store. And look at what customers write about the store.

Another thing for you in the morning to buy gold. You should see how the employees at the store work. And how they behave.

How do you know you're not buying fake gold!

Here are some points to help you know you're not buying fake physical gold

1 You must pay attention to the size of the castor's shape, and also see that the serial number does match

2 You must pay attention to the sound of the coin,

3 You must consider the gold and see that the weight actually matches what you are buying

4 Most important is to check the gold with a special manual or protective machine,

In a special manual machine, the name of the golden and 99.9 should appear and the word is fine

In a protective machine, you should see that the trending machine shows you a positive G result.

Tip - You may also want to buy fake gold online that you can see the difference between real and fake gold

I don't want you to think it's such a complex thing to buy gold. Because it's not that simple to buy gold once you buy who sells a store that has a name and good reviews on Google Maps.

Where to keep your gold?

My recommendation is not to keep the gold in your home, so you really have a small amount, because you will not sleep at night because you had the fear that someone would break into your house to steal your gold.

My recommendation is to find an outside company outside the bank's system, a company that has a vault-keeping service. And to put your gold, you just have to have access to your gold and no one else.

Gold is actually a rare metal, it is of great value because it always exceeds its value, (rather the paper money goes down its value)

Just, for example, diamonds are not more expensive than gold, because today they have found a way to make diamonds in the laboratory, so today it is not far away that even diamonds were cheap. Because Ash produces them.

Gold cannot be produced so it always retains its value, and its value always goes up .. because it is rare.

Okay, I realized I had to buy physical gold

But what do I do if I don't have enough paper money to buy it?

My very simple answer is you can buy money. Silver coins in relation to gold are very cheap coins. The silver coin now is very cheap so it is worth buying a lot of it. Silver currency is also used as a real currency for everything.

Which is why it's important to buy it too. There could be a situation that someday, because the value of the money will run out, its value will increase because it may be rarer than gold, so I suggest you buy both gold and silver and put them in a safe deposit box except for the banking system.

Homework: Read at least 3 books that talk about investing in gold and money

The book explains from a global perspective why it is important to start storing physical gold.

The book talks about the Great Calcium, and why paper money loses its value. And why do the governments of the banks and the twenty people store gold? Because they know that the global market is going to crash and the only currency we could physically use was gold coins.

I want to come to the conclusion behind this book. The main conclusion is that you need to start storing physical gold and putting it in a safe outside the banking system.

My tip is that you have to take 30 percent of your income and buy it physical gold.

The book explains that paper money is worth because people have confidence in that money, but nowadays you see signs that paper money is starting to lose the mass of people with that money. takes time )

A general drop in all types of paper money, such as the euro, dollar, Israeli shekel, and more.

The purchasing power of paper money is declining, and the main available is that large governments are hoarding and buying huge amounts of physical gold. Because they know that gold is going to replace paper money.

I highly recommend you read this book. Because this book will give you an inside look at why it's really important to start buying physical gold. I say gold is like middle-class real estate.

Hi and if you do not have enough paper money, you will start buying pure silver coins

Warren Buffett - Businessman, billionaire, philanthropist,

Warren is one of the best business people in the world. His book Snowball explains how Warren has become one of the rich men in the world. And how. at age 13 Warren realized the sheer power of money.

Warren, at the age of 13, realized that what was important was not money. but assets

because assets produce money.

At the age of 8, Warren invested in what he had a great love for, and it was sweets. Yes, at the age of 8, Warren bought a candy machine. And by the time he was 13, he already had 16 candy machines.

Warren knew the sheer power of saving money and how to invest the money you were saving. Warren learned to buy entire businesses through stock buying. Warren always believes that if you invest in somebody you need the same assets to give you 3 things

1 Positive cash flow

2 that the assets will exceed its value

3 that you can hold the assets forever

One of the secrets of the snowball book. He's that Warren always knew how to measure things. Already as a child, he had an obsession with measuring things he measured time. Distance and more. But most importantly he knew how to measure the value of his money. He knew that every dollar he saved today would be worth 10x if he invested it correctly.

Warren knew another secret. By the age of 13, he already understood the power of books! By the age of 14, he had already read all the books in the library about stocks twice. He already knew how to buy shares. And he also always knew how to examine the data in depth. That means he could know when the market will collapse and what to do when it happens.

One of the periods, when Warren doubled his capital, was when the global market collapsed in 2008. Warren just bought everything, he bought factories, bankers, huge companies, he bought a lot of assets that he already knew they were going to give him a positive cash flow and they also valued their value.

The Snowball book explains how Warren learned the power of money from a very early age. Warren already at the age of 8 started selling cola bottles. And sticks

Warren knew how to sell simple products and make a double profit.

Every Warren book I recommend you read. Because he will teach you his way of thinking. The book very nicely explains how Warren started earning initial financial capital which he leveraged for stock investing (meaning he bought entire businesses) at the age of 16 and Warren was $ 250,000. Which he leverage is worth buying whole businesses.

Homework: Read the book at least 2 times and summarize points related to money and finance.

The secret of good luck,

The Book of Good Luck is a book by real estate mentor recommended to me. The book talks about the secret of how to create good luck.

The secret is that there are two types of luck. And they are luck, and good luck.

Fortunately, we cannot control it. Luck is everywhere. For example, you are lucky to be born as a man and not a woman. And if it's the other way around, you're lucky you were born a woman and not a man. You're lucky you were born in the United States. You are lucky to have been born as a human being and not a dog or any other life, it is great luck. You're lucky you can hear, see, smell, read, talk, it's all lucky.

Fortunately, we have no control and, indeed, we cannot control time. And the time is right. But we humans have no control over luck.

But you can affect your good fortune. The good luck work only works when you work. That is, when you reject things tomorrow and start working on your goals, you begin to influence your good fortune. In bad luck. There is too little good luck.

So Should You Affect Good Luck You Should Stop Waiting To Imitate For A Special Opportunity You Should Start Working On Your Dreams? You should already start working on your dreams and your goals. And the sooner you work on your goals, the better your luck will be.

When you get up early in the morning you should hear motivation and then start working on your goals you are affecting good luck. When you start to write your book without waiting another week or month and even if you don't feel like doing it, you are influencing good luck.

When you go to the gym. Although you don't deserve and you invest in a gym. You are influencing good luck.

So here's the secret - you can influence your good fortune by starting as early as possible to work on what you want to produce.

You cannot influence luck itself, but you can affect the good luck

When I read this book. I wanted to start affecting my good fortune. And I want to give you an example of my life.

I am 100% eligible to receive a Portuguese passport. And what did I do to influence my good fortune?

I started straight to work,

1 I called my lawyer to open a case for me,

2 I immediately paid him an initial payment

3 I started to collect all the necessary documents every day

4 I went to the post office this morning, though I was tired,

5 I sent all the documents again,

Now I just have to wait and let my luck work. Am I in control of my good fortune? Of course not! But can I influence my good fortune? The answer is obvious.

Every person can influence his good fortune.

Do you also want to start affecting your good fortune ???

Homework: Read the book at least 2 times and write down 10 ways you can impact your good fortune

Andrew Kenergy, a Billionaire, entrepreneur, businessman, and founder of the iron industry in the United States.

Andrew began his life in a simple operation in the iron industry,

and very quickly became one of the founders of the iron industry,

Andrew was the founder of the Self-Development Movement by finding Napoleon Hill, telling him that he needed to compile a book to help you American get out of the economic crisis and become rich people,

Andrew, one of the smartest people in the world who has learned everything he knows with deep contemplation of the power of nature,

Andrew knew how to take simple people and make them visionary leaders.

The Wisdom Book of Success is a book where you discover all of Andrew's secrets

the book is based on a personal interview between Andrew and Napoleon Hale (the author who wrote the book. think and grow rich.

In the book, Andrew tells Napoleon

how he has become one of the rich people in the world, and how other people can change their destiny as well,

Andrew explains in his interview how he did it and what you should do to change your life

Napoleon tells him to explain simply. How he becomes from a simple worker. The richest man in the United States,

and in the book himself Andrew teaches the philosophy of his success.

The book touches on all points of life: finding a goal, Finance, how to talk, how to market yourself and more.

The book is full of power and wisdom, from one of the smartest people in the world. Who is also a businessman who is among the rich people in the world,

Andrew is like a wise grandfather who will always teach you the right answer.

The book is highly recommended for listening or reading and this is one of the books I love.

The first chapter of the book begins with the fact that you have to find a purpose for what you do. Andrew explains that most people do not know what they want to achieve in their lives, and so they do not go anywhere.

Homework: Read this book at least 3 times, and take one habit out of the book and apply it in your life.

Napoleon Hale, writer, millionaire, founder of the Self-Development Movement,

Napoleon was one of the people who have the right to learn from Andrew Kenergy.

Napoleon later became one of the founders of a personal development movement, and also a world writer when he wrote the book: Think and grow rich

Nafplion in this book tells the epilepsy of American success, and how people need to think and use this tool called a brain.

Nafplion teaches the power we have in the brain, and how to make the imagination a reality,

One of the secrets in the book comes to say that we need to find the answers to our questions within ourselves (through meditation)

In the book of Napoleon he says that he needed a title for his book, and without the book title he wrote was not worth anything, he just needed a title. It's a title worth at least a million dollars, it needs a title that supports at least a million books,

The advertiser told him that if he didn't bring a headline until tomorrow morning. He will read the book to Hoffa Hoffa Bella.

Napoleon told him that he would meditate and return to him if a title was made, and then Nephalon began talking to his mind. And he told him. I need a headline that will sell at least a million copies,

After he finished meditating and thought very strongly, getting into the sentence is: Think and grow rich

Then he called the book publisher and told him the title of the book.

Today this book is sold at over 100 million copies

So Nefalion in this book explains the power of your brain and how to use it. The book is highly recommended because you can simply hear how Napoleon is teaching his class,

Homework: Read the book at least 3 times

The book- The millionaire miracle morning,

miracle morning,- MM

There is a strong connection between getting up early in the morning and having financial wealth.

When you learn to win the morning. You are winning the day. When you get up in the morning for a purpose/task you have a stronger desire to get up in the morning.

Knowing why you want to get up early in the morning makes this process much easier.

Most rich people get up very early in the morning because they are structures that they can always make more money. But they cannot produce more time.

Because time is a limited resource. We all have exactly 24 hours a day. And how we choose to spend those 24 hours is what will make a difference in our lives.

If you do not want to get up early in the morning. You're saying you don't want to come to your life. You don't want to live this life you want to put them off a little longer. Getting up early in the morning is key to positive thinking and getting more time.

We should be able to get up early in the morning. Order before bed.

for example:

1 21:00 pm, in the evening, you turn off the computer,

2 You close all the lights in the house

3 You are going to brush your teeth

4 You read a book.

5 You get into bed with your favorite book

6 You go to sleep.

You must get up early in the morning You must first want to get up early in the morning. Then you also need to bring a morning routine into your life.

Here's an example of what you can do when you get up in the morning

1 Wash your face in cold water

2 Hear YouTube Motivation

3 Make a luxurious breakfast

4 Meditate

5 Start your day

Most people get up about half an hour before they have to go to work. Or start working on their business.

When you get up at 5 am. You have an hour's chance here. Whose time you devote to yourself. During this time you are concentrating on raising the level of energy you have in your body. This morning most people are usually asleep and this time you only devote yourself.

And you must, too, after you get up in the morning just start smiling.

The goal of getting up early this morning is to create a healthy habit in which you spend the first hour just for yourself.

Before you go to bed in the evening. Here, too, you want to spend this hour relaxing, maybe even meditating and reading a quality book. Your brain should be ready for good sleep.

If you have a habit of going to bed late you must learn to break this habit.

I recommend that you try to incorporate physical exercise before bed with the goal of fatigue. Maybe a two-hour bedtime workout or any workout that can make your body tired. Then it can help you sleep better.

If there is a condition that you could not sleep all night because of thoughts, I encourage you to try a guided imagination.

Getting up early in the morning is one of the most important habits to keep positive energy and to lower yourself pressure. Because suddenly you have time to do everything you want

Most wealthy people don't spend their money.

The book - stop acting rich. Come to explain that most wealthy people who have accumulated wealth on their own. do not really like spending money.

As much as those wealthy people will not live in a luxury neighborhood or buy fancy cars, or buy full-price clothing.

Most wealthy people who have accumulated their capital in their own lives. Life with lots of discipline for money.

Rich people are usually very stingy about themselves. Because they know that every dollar they spend is just a dollar that they have to invest in their business or assets.

I want to give you 5 rules of gold to help you start being a man who values ​​his money.

1 Check your bank account every day in the evening. Each time log into your account over the phone and see your account status

2 You must make a table of monthly expenses. And just download Excel to your phone and start listing all monthly expenses both fixed and variable expenses

3 Buying Physical Gold, First of all, once you take 30 percent of your income and buy it physical gold, you are making a way that you can't spend money on because you've already invested the money on the physical gold

The physical gold will start working for you. that will make you another source of income called physical gold. (because gold always go up in value ) the more true the dollar goes down and so physical gold goes up in value,

if you don't have too much money to invest. you can buy coins of pure silver. It's just cheaper.

4 Don't take a vacation, if you want to accumulate financial capital you will also have to sacrifice !!! sometimes. This means you decide that this year you are not taking a vacation, or for the next six months, you are not going on vacation.

5 Stop watching Instagram or Facebook

When you see how other people present themselves on social networks you start comparing your life to their life. And you think they have a good life and you don't. Obviously what you see through your phone or computer is half false. Because you don't know what's going on. and the pictures are fake.

And I also recommend you stop watching the news. Because in the news you only see bad things that it makes you absorb deprivation energy, which is what makes you spend more money because you are not sure what tomorrow will bring with it.

I highly recommend you read this book. Especially if you know it's hard to control your money.

Homework: Read the book 3 times and explain why it is important for you to invest the money correctly

More Money Does Not Solve Financial Problems

If your problem is that you spend more money than you generate, you will never have any money. Never. If you live on 110 percent of your income, meaning that you go into a minus of 10 percent, you are in serious trouble.

The problem stems from a common misunderstanding, that money solves all your problems. That is not true. Doing the right things with your money will solve your problems. People think that if they have no money at the end of the month, then they need to bring in more money. Make sense? No. That is the mistake. The problem is not a lack of money, but rather the lack of financial education or financial know-how.

You must know that financial education is the basic study of financial knowhow where you will learn proper economic behavior. Financial education teaches us how to behave with money, how to save it and how to make more money just like a bank.

When I speak of financial education, I am referring to children, because this education teaches the child the value of money. The problem is that most parents in Israel do not know how to treat and spend their money regardless of their salary because they have not received proper financial education at home.

Financial education is the basis of financial know-how. Financial education teaches how to properly treat money and how to market yourself as a business in every way.

Financial know-how is an outgrowth of financial education, where you are already more focused on how to generate new money and how to generate new sources of income. Financial education includes learning how to start a business, how to buy and sell real estate and other related topics.

The main problem is that financial education or financial knowhow is not taught in school, and now the only way to get financial education is through books, seminars or financial trainers like me.