Be open-minded if you want to be successful and rich -- ZT SDRid
(2007-11-06 10:08:47)
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| | annual family income of $400K or even $1 mil is not that high or not achievable, especially for people in our caliber (high IQ, higher education from top universities, mostly very indenpendent and very determined). Think about it: 1% of US family has annual income over $250K, are you surprised some of us can do better than that? Not at all. The most important thing is to have your financial goal and work hard for it. One thing for sure is that if all your income is from your salary, you are going to underachieve in the department of money matters. Make sure you know the basic of financial market, real estate market and magic of compounding. Start as early as possible. Let money work for you. It's very lucky to be a chinese now. Why? We get the most hyper growth economy in the world and the trend is going to continue for the next few years at least. That means great opportunities in the financial and real estate market. A lot of people are going to get very rich in a relatively short period of time, grasp the chance and make yourself one of them.
Happy investing and happy living