Monday, June 14, 2010

A new life direction, a mantra to follow ...

"I will do the things today others won't do. So I can have the things tomorrow others won't have."

This is eerily similar to my favourite quote - "If you do what other did, you get what they got" - following the path of everyone else will lead to where everyone else got to.

Often, going a different direction, trying something different will lead to a different result.  Over 80% of new millionaires are created through real estate, but a much smaller percentage of people invest in real estate than in other vehicles.  Why is that?

The MEDIA is my guess.  Banks, investment houses, bond companies, etc - they spend millions of dollars annually on advertising and promotion to get you to buy the latest mutual funds. 

As a consumer, you think ... "everyone else is buying them, so they must know what they are doing".   Many times this thought process is leading towards being the sheep and not the sheppard. 

My thoughts are, we all know the sheppard holds the cane, so which end of that do you want to be on?

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