The Circle of Life -- The Zodiac Signs and the New Moon's Journey
By
Rebecca Brents
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Saving Money By Spending Wisely
Part 1
by Willard MichlinWhy is it that the older and richer people become, the more conservative they are with their money? Have you ever done or know someone who has made an investment that promised a 10% interest or profit per month?
Everyone wants to make above average profits. It is amazing how many people will send their very hard earned money across the world to Nigeria or to Boca Rattan, Florida on the promise of a telephone acquaintance to make them much richer. People give their money to complete strangers in hopes of making more money.
All good investment advisers will tell their clients "If a deal is too good to be true, it probably is.? Professionals only make very high returns in areas they personally know very well. This, for them, is a business investment, not a passive investment like stocks, bonds or mutual funds.
Real estate and business investments are considered active investments. People who are employed by others do not usually make active investments, because they just do not have the time to watch a business investment, where big profits are always possible (as well as big losses.)
People with small amounts of money come to me all the time and ask: "What can I do with $1,000 that will give me a big return?? Here is the answer. When I was a 21-year-old lad working for my father, I had money in the bank, I owed securities (stocks) and my income was a fixed salary.
I saw many opportunities to make money all around me, in the business. My father, like so many employers, wasn't interested. Besides I was trying to figure out how I could make money for me.
At the time, 1971, we had high inflation and prices were going up on many things. My father used metal rings to seal containers, nuts and bolts, paint, and other industrial supplies. I watched prices starting to go up and it appeared that they might even double on finished products that were made from steel.
Since the company used these products all the time, buying bigger orders meant buying much more then you needed and having to store it so it didn't get stolen. I used to buy 2 years supply of bolts at a time. Knowing the price was going up, I bought a 4-year supply. Rings took a lot of space so we would buy 3 months at a time.
Willard Michlin is a real estate and financial distress consultant. He can be contacted at his Ventura, California office by calling 805-529-9854 or by e-mail at kismetrei@earthlink.net. See other articles by Willard at Kismet Group kismetrei@earthlink.net
Are you looking for more information on Money, Financial Management, Possessions, and Physical Pleasures?
Taurus is the astrology sign that deals specifically with Money, Financial Management, Possessions, and Physical Pleasures. Learn more about Taurus.
The information here tells all about Taurus Astrology.
Taurus Horoscope
America's future will be determined by the home and the school. The child becomes largely what he is taught; hence we must watch what we teach, and how we live.
~ Jane Addams ~
Born September 6, 1869
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| Enchanted Spirit is a non-denominational spiritual center of healing, support, self-improvement, personal guidance, education and writing. We publish multi-media works of New Age thought and information to encourage serenity and growth in individual life choices, advance the universal search for life's meaning, and promote tolerance for positive ideas from all philosophies and religious traditions, believing as we do that truth is where you find it. |
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Last updated July 24th, 2004
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