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Main Street Investors’ Strategy Sucks
Most Main Street investors’ strategy is the 70/30 Situational Rule- on average about 70% of human behavior is a reaction to situations people experience, and about 30% is compelled by personality traits (such as a 98th percentile need for security). USA Today in a February 3, 2010 article by Adam Shell titled “Main Street investors [...]
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Wealth, Behavior, Tiger Woods- Any Questions?
Tiger Woods needs to learn that wealth is about behavior and he has behaved in unwealthy ways. Tiger can still be the billion dollar sports star but he needs to decide between his choirboy or Happy Gilmore personas.
Posted in Unwealthy Behaviors Tagged celebrity, endorsements, sponsors, Tiger Woods, wealth Leave a comment
Underestimating- What’s Worse?
War
What’s worse than underestimating your enemy?
Marriage
What’s worse than underestimating your lover?
Business
What’s worse than underestimating your competition?
Answers
Underestimating your:
Troups
Wife
Staff
While the second answer is for levity, having been a former counselor (one of my various professional experiences) I assure you it is also true!
What do any of these have to do with wealth?
They are all behaviors that have dramatic [...]
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Welcome to Millionaire’s Coach®!
What is the biggest threat to creating and keeping wealth?
The biggest threat to creating and keeping wealth is to think wealth is about money. Wealth is not and never has been about money. Wealth is about behavior.
Behavior creates wealth and only behavior can keep wealth. If you don’t believe that, then study what happens to multi-million [...]
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