Daily Meeting - Personal Finances, Part 5
The moment you stopped saving, your money left you.
- First Law: Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.
- Second Law: Gold laborers diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.
- Third Law: Gold Clings to the owner if you are cautious/use education/advice from someone who has been there before with your investments under the advice of wise people.
- Fourth Law: Gold will slip away from you if you try to force it to unreasonable earnings and if you don’t have enough skill in what you are doing.
- Fifth Law: Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.
- What is unreasonable earnings = get rich quick schemes / gambling / pyramid schemes / network marketing unless you’re first
- HTTPS://coin price forecast.com/ - find out the forecast of coin
- Tesla makes more money for bitcoin than it does for cars!!!
- Companies are betting on coin and not gold.
- Gold is used for worse case scenario- Phil Sorentino
- Gold doesn’t combine with anything so it keeps it’s value
- 1 ounce silver ingets
- Antonio is doing gold and Crypto
- Do you want to keep dealing with THIS problem or do I want to go find another problem to love.
- HTTPS://Investor.twittering.com/corporate-governance/board-of-directors/default.aspic
- Money is your slave and no matter how much they tell you there is a shortage of money, they are lying. There was a shortage of money when it was backed by gold.
- Money has scarcity built into it. You can’t get money unless it’s tied to that equal amount of debt.
- America has Allie’s with every country in the world that has a central bank. If you don’t have a central bank, we are not Allie’s with that country.
- Money must be moving.
- The government gives you its debt. The government makes money because it moves it’s debt to the peoples
- Banks have Bitcoin / J P Morgan, Goldman Sachs/ Bank Of America
- Deficit and Debt or 2 different things
- US Debt is around 30.29 Trillion which also means there is 30.29 Trillion in rotation plus how much they can borrow on it. 97% of this is all digital.
- We don’t understand money.
- Money is NOT finance!!! Money is what you have, finance is what you do with it and economy is the behavior of people when it comes to money.
- Economy influences you the most. The economy is what is hurting you and helping you.
- When you buy, you are buying from someone who already owns the stock.
- Only one way out, right now, understand what is about to happen and start owning things immediately.
- You need to delay your gratification and spend the next 10 years buying leverage.
- There is no economy is no one is getting rich. Best economy is when both sides of the economy are rich. A busy economy is when one side becomes fearful.
- When the system breaks and deem you unlendable, the banks stop lending and raise their deposits.
- Both sides are going to give out stimulus checks as long as we are in a Fiat system. If the bank say they aren’t giving out money, consumers aren’t spending any money,
- All blessings come through people’s pockets.
- You can’t get money from GOD. God sends you money through people!
- When you spend more, people earn more.
- The wealthy make sure that when they spend, they are earning money at the same time!
How the Money Machine Works by Ray Dalio
https://www.youtube.com/watch?v=PHe0bXAIuk0
5 Laws of Gold Series
https://medium.com/p/5591943933a7
- The same rules against you are the same rules that bless you
- If you’re not making $10 million
- You need to understand money
- The first thing you need to learn is how money works
- Then, you need to understand how the economy works
- Your focus should be on generating $250,000
- You have to have pipelines to generate it faster
- Go take Antonio’s computer classes and reteach it to 5 - 25 year olds
- Go to your city’s meeting the first Tuesday of the month and find out the information
- Go to the administration building for your school district
- Explain hedge funds
Books You Need to Read for the Rest of the Year
- 48 Laws of Power
- 33 Strategies of War
- Art of Seduction
- The Richest Man in Babylon
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