From the desk of C.J Lauria
Today I thought that I might go back to the basic fundamentals of investing. As you know, whenever possible, I enjoy thinking in terms of principles and not formulas. Formulas come and go, but principles are timeless.
Thos e of you that have been reading my articles for some time know that money is not the first thing in my life. Does that seem a little odd for someone whose career is teaching people how to make money? No. Not at all. You see, When someone earns money they trade their time for the currency that represents money in the country in which they earn it. However, when one makes money it is conceivable that it is not in direct proportion to the time he/she spends in its pursuit.
Over the years I could have been driving a Rolls Royce or some other eye-popping car. I’ll leave that to the Athletes, the Hip-Hop stars and others whose value is defined by their bling. My values have always been much different. My friends know that money has never been of prime importance to me. My time is. Because of this, I was always available for my kids when they were growing up.
If one follows the idea that you have to trade your precious time for money, then you will only have as much money as you are willing to give of your time/life. I stopped thinking that way many years ago…and I’m glad I did! Making money is what the wise investor does. Investment = “making money. This is a principle and, oddly enough, Biblical in nature. If you don’t believe me, look it up: Matthew 25:24-27.
One of the points of the parable there was the rightfulness of making money without toiling to “earn” it. Those who are oriented in the, “work hard for your money” mindset don’t get it and will, sadly enough, criticize the wise investor who does it. Making money rather than earning it is a principle that is taught in Mentor for Life™ that I founded last year. Whether it is real estate investing or through any other means, the principle is the same.
Life is too precious to squander in pursuit of anything material, in my opinion. The freedom that money has granted me, however, is immeasurable and I am glad that I learned that earlier in life while my family was still young. I teach a lot about real estate investment and have also invested in Forex at times, but it has alwaysbeen a means to an end…to free up my time so that I can pursue those things that are truly important to me. Master this principle and you can master your life!
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