21 Ways Rich People Think Differently | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

What Would You Do Differently Today for Better Trading Results? 687 replies

Would you trade related pairs differently? 4 replies

MACD's Showing Up Differently 6 replies

Trading Differently 21 replies

EA performing very differently 3 replies

Attachments: 21 Ways Rich People Think Differently
Exit Attachments

21 Ways Rich People Think Differently

  • #41
  • Sep 24, 2012 12:59pm Sep 24, 2012 12:59pm
Quoting spekitox
Just because they sad it was luck, it doesn't mean it isn't just them being humble.
Yes you need luck in life, some are so terribly unlucky; get it wrong every time, but luck alone, are you sure that's all it takes? To get it yeah maybe, but to KEEP it?
Look at lottery winners' sad stories, quick descent into drugs, booze, losing friends and back into poverty. Possession = responsibility
so i would ask him does it take luck to keep it are does it take smart thinking on how to keep it and grow it. it all boils down to a person way of thinking thats makes a person rich, if you went to a town with a population of 5 thousands with 3 thousands cars and there was no gas stations and the locals had to drive 25 miles to the gas station, what would you think?
  • #42
  • Sep 24, 2012 4:34pm Sep 24, 2012 4:34pm
Quoting PipLegend
Wealthy individuals financially (no silver spooners counted) never rely on luck as my sensei told me when I was a kid at the dojo there's no such thing as luck only your skill,or skills is what you depend and rely on so "don't say good luck,say good skill or good skills"
Well whatever scratches your cards, I'm sure sensei would be proud of you. I agree that preparation is quite important, but you know what? As long as the checkout girl never asks me how I made the money I am coughing up, does it matter if it's skill or luck or a bit of both?

Quoting PoundTrader
if you went to a town with a population of 5 thousands with 3 thousands cars and there was no gas stations and the locals had to drive 25 miles to the gas station, what would you think?
That I'm in Silent Hill?
forget about tomorrow, just steal away into the night
  • #43
  • Sep 24, 2012 5:05pm Sep 24, 2012 5:05pm
Quoting spekitox
Well whatever scratches your cards, I'm sure sensei would be proud of you. I agree that preparation is quite important, but you know what? As long as the checkout girl never asks me how I made the money I am coughing up, does it matter if it's skill or luck or a bit of both?



That I'm in Silent Hill? :D
see me and you think diffrent, me i would consider being the 1st gas station in town, thats how most rich people think never pass up an opp to make a buck
  • #44
  • Sep 24, 2012 5:12pm Sep 24, 2012 5:12pm
How about this (sorry this is in addition to your list, hope you appreciate it, even though it's been discussed.)

Average people pay interest, Rich people earn their interest.
Too close for pips, switching to points.
  • #45
  • Sep 24, 2012 5:14pm Sep 24, 2012 5:14pm
he, missed the most common one :

willing to kill for money !
  • #46
  • Sep 24, 2012 5:15pm Sep 24, 2012 5:15pm
Quoting Thepipster
How about this (sorry this is in addition to your list, hope you appreciate it, even though it's been discussed.)

http://www.easyfreesmileys.com/smileys/lol-058.gifAverage people pay interest, Rich people earn their interest.
i like that one
  • #47
  • Sep 24, 2012 5:19pm Sep 24, 2012 5:19pm
Quoting macroman
he, missed the most common one :

willing to kill for money !
i can't say thats a rich person thinking, more poor people kill for money then rich people, trust me on that i been rob and shot before on the streets and it wasn't a rich person with that ski mask on http://www.easyfreesmileys.com/smileys/lol-049.gif
  • #48
  • Sep 24, 2012 10:49pm Sep 24, 2012 10:49pm
Quoting PoundTrader
i been rob and shot before on the streetshttp://www.easyfreesmileys.com/smileys/lol-049.gif

Eh,Poundtrader,you've been shot and robbed on the street and you trade forex?,well i'll be!,talk about walking through the vortex!

And to the trader who mentioned my sensei,trust me he is proud of all who live the generous advice that was given which consists of facts,just think about it luck=coincidence=fantasy

There's no such thing as coincidence any room you've ever been in with all throughout your entire life whether it was a classroom,a train,plane,bus,whoever you interact with or don't interact with,you was meant to see or be around

This is why if you believe a lie you will eventually become and live the lie so be careful what you master and repetitively go over,believe in real things so you can develop good habits

Real quick,great example are athletes and entertainers know what all these people have in common besides the millions generated between them?they all have talents and skills which they have been harnessing since youth,basically elementary school days.But the key is to hone in on your craft,technique,or skill and don't hold back like a trick question I can ask someone is In your lifetime can you see yourself truly with even one million let alone multi-millions?

We all know what the answer would be from most people,heck if you don't feel something's for you then guess what? It Certainly is not
To Write Sonnets On Soliloquies In A Fortress Of Solitude
  • #49
  • Sep 25, 2012 12:23am Sep 25, 2012 12:23am
21 Ways Rich People Think Differently

If you are poor you are a bad person, it's your fault for not thinking correctly
If you are rich you are a good person due to your correct thinking and you can use these platitudes to lord it over the poor.
  • #50
  • Sep 25, 2012 2:52am Sep 25, 2012 2:52am
What a great thread. There are a lot of truths there.
FF journal: Peaks and Troffs
  • #51
  • Sep 25, 2012 3:48am Sep 25, 2012 3:48am
Quoting PoundTrader
see me and you think diffrent, me i would consider being the 1st gas station in town, thats how most rich people think never pass up an opp to make a buck
PT, I knew that was on your mind I just didn't take the bait so to speak.
I think reality can be a bit more complicated than just pop up a tent and start pumping petrol. If it's a remote town, you're not there to keep an eye on your workers, if you don't know anyone locally, and if you don't know much about the petrol pumping biz, then yes you might have to pass. And funnily, this is where LUCK comes into picture. It's not skill, to happen to know someone there, someone you can trust or who can help you.

Quoting Mingary
If you are poor you are a bad person, it's your fault for not thinking correctly
If you are rich you are a good person due to your correct thinking and you can use these platitudes to lord it over the poor.
Awwww guys, guys, what is this, oversimplification day?
It's not a merit to be rich and it's not a fault to be poor. It's just a state, like your age. And it's up to you what you do with it.
forget about tomorrow, just steal away into the night
  • #52
  • Sep 25, 2012 4:27am Sep 25, 2012 4:27am
I'd disagree with quite a few of the quotes, especially about "average" people don't follow their passions, but rich people do? So if every person whose passion was writing, art, fishing etc they'd all end up rich? It's highly unlikely.

Also, i'd say it's inherently wrong to determine people as 'Average" and "Rich" just because you don't have money wouldn't make you "Average". Some people genuinely don't care enough about money to want to be Rich, and other people don't care about anything else other than being Rich...
  • #53
  • Sep 25, 2012 11:17am Sep 25, 2012 11:17am
Quoting aesop20
I'd disagree with quite a few of the quotes, especially about "average" people don't follow their passions, but rich people do? So if every person whose passion was writing, art, fishing etc they'd all end up rich? It's highly unlikely.

Also, i'd say it's inherently wrong to determine people as 'Average" and "Rich" just because you don't have money wouldn't make you "Average". Some people genuinely don't care enough about money to want to be Rich, and other people don't care about anything else other than being Rich...
I dare say sir.... you are flat out wrong.

Everyone cares about money...and is it not true, that money brings your comfort, education, food, shelter, health care access, peace of mind, sex, and happiness?

happiness you say? i can hear you think.....try being happy when you are starving to death.
AVT INVENIAM VIAM AVT FACIAM
  • #54
  • Sep 25, 2012 1:40pm Sep 25, 2012 1:40pm
Quoting the redlion
I dare say sir.... you are flat out wrong.
I'm sorry, I disagree with your post.

If you would be so kind as to read the following portion of the post you replied to:

Quoting aesop20
Some people genuinely don't care enough about money to want to be Rich, and other people don't care about anything else other than being Rich...
It says "SOME PEOPLE" etc. Not everyone cares about being rich. In fact, there are plenty of stories about a few who gave up promising careers to live in less chaotic surroundings. I could go on and on...

And I might but not now.
When the Joker is in the deck.. fear not and play it well
  • #55
  • Sep 25, 2012 3:03pm Sep 25, 2012 3:03pm
Makes me think of another one. "there are 2 types of people in this world....borrowers, and lenders".
FF journal: Peaks and Troffs
  • #56
  • Sep 25, 2012 3:22pm Sep 25, 2012 3:22pm
Quoting bogus
"there are 2 types of people in this world....borrowers, and lenders".
Not really (IMHO). How many borrowers went on to become lenders? This might entail thoughts regarding venture capital firms.

And those who sell assets may choose to finance (lend) the sale which could even result in a better price. Lenders only for a time.

And there are those who are neither lender nor borrow. This could be a "freeloader" who lives off societies generosity or someone who inherited substantial wealth and simply wants to live life (uncomplicated).
When the Joker is in the deck.. fear not and play it well
  • #57
  • Sep 25, 2012 3:28pm Sep 25, 2012 3:28pm
Quoting the redlion
Everyone cares about money...and is it not true, that money brings your comfort, education, food, shelter, health care access, peace of mind, sex, and happiness?
People bring comfort education, food shelter and health care. Money is just an easier way of keeping track of who should do what. As for peace of mind and happiness... no I don't think so. If it did then entrepreneurs and the folks on Wall Street would be saints. Peace of mind and happiness have to do more with self mastery than anything external. As for sex, if you have to pay for it you probably aren't that happy.
Kill the ego, or it will kill the mission.
  • #58
  • Sep 25, 2012 3:31pm Sep 25, 2012 3:31pm
Quoting bogus
Makes me think of another one. "there are 2 types of people in this world....borrowers, and lenders".
can't say thats true because those same lenders become borrowers when it comes to buying homes and stuff like that.
  • #59
  • Sep 25, 2012 4:02pm Sep 25, 2012 4:02pm
Quoting PoundTrader
can't say thats true because those same lenders become borrowers when it comes to buying homes and stuff like that.
True. You and Slim are right. I should have elaborated. I've found that once people have a large amount of debt that is unsustainable long term, they keep on borrowing. the thinking is that "whats another $1000 on the mortgage, lets have a holiday". Some people, once they have paid off their large debt are quite happy to do it again, as they are used to it.
I'm all for borrowing if it is to be put to good use.
FF journal: Peaks and Troffs
  • #60
  • Sep 25, 2012 4:17pm Sep 25, 2012 4:17pm
Quoting bogus
True. You and Slim are right. I should have elaborated. I've found that once people have a large amount of debt that is unsustainable long term, they keep on borrowing. the thinking is that "whats another $1000 on the mortgage, lets have a holiday". Some people, once they have paid off their large debt are quite happy to do it again, as they are used to it.
I'm all for borrowing if it is to be put to good use.
Good post.

I've seen that happen time and time again.

I also recall the way in which my parents "came up, financially speaking". They started as borrowers and turned it into....
Hint; not a new TV or even a new car.

I can only say that instant gratification was not the buzzword.

?
When the Joker is in the deck.. fear not and play it well
1 trader viewing now