Saturday, October 16, 2010
Rich Minded
You would never hear the name Robin Hood, right? This figure is favored by many people because of heroic stories that rob money from the rich and then distribute the results to all people equally poor. If we look at the radical side, the high popularity of Robin Hood shows that many people who feel that the world is not fair because the rich people can have so much money. Indeed, the facts show that most of the money in circulation is dominated by only a small part of the community. Now the question is, how the condition of the world if Robin Hood managed to collect all the money and distribute them evenly to all people? At first glance looks more beautiful world. No more rich people, and no longer poor. All people living with the same prosperity. Marshall Sylver, in his book Passion Profit Power, explained in more detail about the questions above. What will happen to this world if the money is distributed evenly to all people? And apparently the answer is pretty pathetic. Within 5 years, the composition of the money will go back to normal. The people who used to be rich will return control of most existing money. Why does this happen? The answer lies in the mindset of people about their money. Most people, who in turn will re-poor, would think "Yummy this money used to buy what?". Then the money was spent to purchase goods, vacation or have fun. In short, consumptive. After all money is spent, they again become poor. Different things happen to rich people. Wealthy people will think how to utilize the money for to bring in more money. They will use the money to open businesses, or invest. Eventually they will collect money far more than ordinary people. Most people can not accept this fact. The people who are poor are more likely to blame the environment, others or fate. These are actions that are not appropriate. Action blame will not change the poor become rich. It would be far better if we all are willing to evaluate the situation objectively. We can observe the rich people around us, we can learn positive ways of thinking, and we can apply in our lives. Wealth will come by itself. Let us jointly develop ourselves by studying the mindset of people rich, and apply them in our daily life.
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Forex Story
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