AdminBill: HERE IS WHERE I THINK WE ARE AT 1:40PM MDT TUESDAY AFTERNOON. I BELIEVE WE ARE IN THE PROCESS WHICH INCORPORATES THE CURRENCY AND THE BONDS.
I BELIEVE THAT THE BOND TRANSACTIONS ARE WHAT HAS BEEN HOLDING THE PROCESS UP BUT THAT IS A DONE DEAL NOW.
I BELIEVE THAT THE CURRENCY MUST PRECEDE THE BONDS TO SUPPORT BOND REDEMPTION OR, AT THE VERY LEAST, GO AT THE SAME TIME.
I DO NOT BELIEVE THE BONDS CAN PRECEDE THE CURRENCY. I FURTHER BELIEVE THAT WE MUST BE NEAR WITH THE CURRENT PUBLIC BOND DISCUSSIONS….MY OPINION ONLY
TurtleIsland1: X22 Screamin Jim W.. The Dollar Will Be Removed From Int'l Trade,Which Will Send Shock Waves Throughout The US….. at 48 min Jim Willie He speaks on chinas family holdings in gold , offered to lease to us guvernment gold
RVis4me: So, now you are a millionaire.... now what???
There are three basic things that people of wealth focus on. They are as follows...
I know this isn’t going to come as a surprise. I’m a real estate investor and this is a real estate investing blog but the point goes beyond simply investing in real estate. There are a lot of people that spend money on things that they think are assets but they really aren’t. Just because an accountant will put something you own on the ASSET column of your net worth statement doesn’t make it an asset. Warren Buffet is my favorite example of this. He still lives in the same home he purchased in 1958 and in general has focused on investing his money not buying luxury items – even though mansions, yachts and fancy cars would technically be considered assets.
The thing that Buffet and other wealthy people know is that an asset has intrinsic value AND it creates cash flow.
In most cases your home is not an asset for the simple reason that it does not generate cash flow.
I like how Keith Cunningham, author of Keys to the Vault put it "Assets feed me. Liabilities eat me." The wealthy invest a lot of their money and their time into finding, buying and holding on to assets that generate cash flow and will likely appreciate in value.
It’s cliche to say that it’s not what you know, it’s who you know but in many cases that is true. When we begin working with a new real estate investor one of the first things we suggest is that they begin attending their local real estate investing club meetings and even join other clubs they are interested in just to meet more people. A strong and supportive network of people around you is critical to your success. And as a real estate investor, you never know where you’ll meet a future partner, lender, contractor, tenant, property manager, realtor or so on.
Can you succeed without a big network and strong relationships? Yes, but it is going to be a lot more work and definitely a lot less fun. And why are you doing this if it’s not going to be fun? Great relationships can make real estate investing so much more fulfilling and a whole lot easier … so do what the wealthy do and get out there and find people that you can help and that you can collectively add value to each others lives.
Do you think each President of the United States gets elected into office because of how smart they are? Sure, each has some knowledge, experience and education behind them, but the biggest factor in becoming the leader of a country like the US or even Canada is the quality and quantity of relationships they’ve developed over the years.
The same can be said for real estate investing. You can know everything there is to know about real estate investing, but some things will just never be possible to do if you haven’t built the right relationships along the way.
Wealthy people pursue education in order to grow their wealth, be fulfilled and be enormous contributors.
In many cases the successful people I’ve studied never set foot in a college in their early years. Education does not have to come from a secondary institution. Many of the self made wealthy people simply realized they had to learn something, and they went out and found a way to learn it.
By becoming an unpaid assistant to someone who held the job they wanted or by reading books and applying what they learned many people created their wealth without investing big bucks in a college degree. Others went out and hired the experts they wanted to learn from.
The point is that the wealthy and inspired people I have learned from have all been avid learners. They recognize when they need to learn something and make the effort to learn it. And as an avid learner, they have more to talk about with the people they have relationships with and more ideas for lucrative assets to invest their money into.
Link to the complete article: http://www.strugglinginvestor.com/2010/04/what-3-things-do-most-wealthy-people-invest-in/
Walkingstick: The central bank plans to activate the electronic systems to minimize the cash trading process
CBI revealed, on Tuesday, all give him thegovernment banks until next September, to adapt itself to electronic systems and transactions modern, while between the percentage of beneficiaries and users of those dealings in Iraq , "not to exceed" ten percent, favored the possibility of the contribution of orientations to expand their use and benefit from 77 percent of the money supply in the possession of citizens outside the banks, get rid of the cash circulation problems.
the governor of the central bank and the agency, on the Keywords, in an interview (range Press), " thepayment system is an important pillar of the banking and financial sector , " noting it "consists of two phases first is related to the large total transactions between banks and companies within the system is settled and conducting clearing operations and liquidation of the great number of daily banking transactions."
he added Keywords, " The second phase is a system of payment Retail of transactions daily for individuals topay their obligations through the card electronic or mobile and other phone , "noting that" the role of thecentral bank is monitoring and supervision beyond the field to the presence of problematic in banking transactions at the country level and the requisite large size of the precise organization. "
He explained the governor, that" the role of the central bank may be operated, partner or used for system electronic banking, "stressing that" the future role of the Central Bank is to supervise the system to be entrusted to operating the task to a company or a group belonging to the private sector companies. "
felt Keywords, that" the application of electronic trading requires work to provide the infrastructure required ." , pointing out that such "legislative legal structure governing the banking services to all its details."
He said the central bank governor, that " the Central Bank conducted a comprehensive review of the laws ofbanking and regulations in force and to develop an initial draft of the required legislation in this area, and issued an electronic payment system and controls subscribe infrastructure system Retail Payment , "noting that" the amount of $ 20 trillion dinars are being handled by a month in the framework of this system which is fast, accurate and support the national economy, away from a lot of problems. "
promised Keywords, said that" very cool and sophisticated retail payment system and helps the bank to follow All of these operations and to prevent violations and abuses, which is updated through the end of2015 , which are no problem , "pointing out that" the Central Bank is currently working with the World Bank to review and evaluate the national payments system, which was formed three locations of the data in thewhole of Iraq, as well as one location outside Iraq to recover from the risks. "
he went on the central bank governor , saying that" Iraq is in need of a comprehensive banking systems followed by banks to enable the system to achieve its objectives , "revealing" a lack of State - owned banks for such an electronic system even though it has hundreds of branches. "
and gave Keywords "State - owned banks until next September, to adjust their positions within this electronic system," Mstrsla that " the central bank takes the organizational side by issuing controls the use of electronic credit cards and there are plenty of companies that submitted bids for work on the processing of these cards the bank to the fact that the center has divided National , which regulates these processes, and represents an incubator electronic banking operations. "
continued the governor, that" the Bank has developed a court will be launched in early 2017 to regulate such operations plan , "and expressed regret that " as a result of the low percentage of beneficiaries and users in Iraq who do not exceed ten percent and eight percent of these are very limited operations such as receiving salary only, and that only two percent of Iraqis are using smart cards. "
He expressed the Keywords, believed that" the trends in will help expand financial inclusion through the entry of more people to this systems and thus take advantage of in the possession of people 's money supply which amounts to 77 percent outside the system, as well as get rid of the cash circulation problems. "
the governor of the central bank and the agency, identified in ( the thirtieth of July 2016), in the next 2017, as the date for the launch of the currency e - mail through a dinar or electronic tags, returned that will facilitate transactions between government departments.