迪文小说

第20部分（第1页）

xtra。　So　he　worked　harder　to　draw　more　money　in　rather　than　focus　on　the　most　important　law　of　money：　〃Give　and　you　shall　receive。〃　Instead；　he　believed　in　〃Receive　and　then　you　give。〃

In　conclusion；　I　became　both　dads。　　One　part　of　me　is　a　hard…core　capitalist　who　loves　the　game　of　money　making　money。　The　other　side　is　：　a　socially　responsible　teacher　who　is　deeply　concerned　with　this　ever…widening　gap　between　the　haves　and　have　nots。　I　personally　hold　the　archaic　educational　system　primarily　responsible　for　this　growing　gap。

CHAPTER　EIGHT

Overing　Obstacles

Once　people　have　studied　and　bee　financially　literate；　they　may　still　face　roadblocks　to　being　financially　independent。　There　are　five　main　reasons　why　financially　literate　people　may　still　not　develop　abundant　asset　columns。　Asset　columns　that　could　produce　large　sums　of　cash　flow。　Asset　columns　that　could　free　them　to　live　the　life　they　dream　of；　instead　of　working　full　time　just　to　pay　bills。　The　five　reasons　are：

1。　Fear。

2。　Cynicism。

3。　Laziness。

4。　Bad　habits。

5。　Arrogance。

Reason　No。　1。　Overing　the　fear　of　losing　money。　I　have　never　met　anyone　who　really　likes　losing　money。　And　in　all　my　years；　I　have　never　met　a　rich　person　who　has　never　lost　money。　But　I　have　met　a　lot　of　poor　people　who　have　never　lost　a　dime。　。　。investing；　that　is。

The　fear　of　losing　money　is　real。　Everyone　has　it。　Even　the　rich。　But　its　not　fear　that　is　the　problem。　Its　how　you　handle　fear。　Its　how　you　handle　losing。　　Its　how　you　handle　failure　that　makes　the　difference　in　ones　life。　That　goes　for　anything　in　life；　not　just　money。　The　primary　difference　between　a　rich　person　and　a　poor　person　is　how　they　handle　that　fear。

Its　OK　to　be　fearful。　Its　OK　to　be　a　coward　when　it　es　to　money。　You　can　still　be　rich。　Were　all　heroes　at　something　and　cowards　at　something　else。　My　friends　wife　is　an　emergency　room　nurse。　When　；　she　sees　blood；　she　flies　into　action。　When　I　mention　investing；　she　runsj　away。　When　I　see　blood；　I　dont　run。　　I　pass　out。　My　rich　dad　understood　phobias　about　money。　　〃Some　people　are　terrified　of　snakes。　Some　people　are　terrified　about　losing　money。　Both　are　phobias；〃　he　would　say。　So　his　solution　to　the　phobia　of　losing　money　was　this　little　rhyme：　〃If　you　hate　risk　and　worry。　。　。start　early。〃

Thats　why　banks　remend　savings　as　a　habit　when　youre　young。　J　If　you　start　young；　its　easy　to　be　rich。　I　wont　go　into　it　here；　but　there　is　a　large　difference　between　a　person　who　starts　saving　at　age　20　versus　age　30。　A　staggering　difference。

It　is　said　that　one　of　the　wonders　of　the　world　is　the　power　of　pound　interest。　The　purchase　of　Manhattan　Island　is　said　to　be　one　of　the　greatest　bargains　of　all　time。　New　York　was　purchased　for　24　in　trinkets　and　beads。　Yet；　if　that　24　had　been　invested；　at　8　percent　annually；　that　24　would　have　been　worth　more　than　28　trillion　by　1995；　Manhattan　could　be　repurchased　with　money　left　over　to　buy　much　of　L。A。；　especially　at　1995s　real　estate　prices。

My　neighbor　works　for　a　major　puter　pany。　He　has　been　there　25　years。　In　five　more　years　he　will　leave　the　pany　with　4　million　in　his　401k　retirement　plan。　It　is　invested　mostly　in　high…growth　mutual　funds；　which　he　will　convert　to　bonds　and　government　securities。　Hell　only　be　55　when　he　gets　out；　and　he　will　have　…a　passive　cash　flow　of　over　300；000　a　year；　more　than　he　makes　from　his　salary。　　So　it　can　be　done；　even　if　you　hate　losing　or　hate　risk。　But　you　must　start　early　and　definitely　set　up　a　retirement　plan；　and　you　should　hire　a　financial　planner　you　trust　to　guide　you　before　investing　in　anything。

But　what　if　you　dont　have　much　time　left　or　would　like　to　retire　early？　How　do　you　handle　the　fear　of　losing　money？

My　poor　dad　did　nothing。　He　simply　avoided　the　issue；　refusing　to　discuss　the　subject。

My　rich　dad；　on　the　other　hand；　remended　that　I　think　like　a　Texan。　　〃I　like　Texas　and　Texans；〃　he　used　to　say。　　〃In　Texas；　everything　is　bigger。　When　Texans　win；　they　win　big。　And　when　they　lose；　its　spectacular。〃

〃They　like　losing？〃　I　asked。

〃Thats　not　what　Im　saying。　Nobody　likes　losing。　Show　me　a　happy　loser；　and　Ill　show　you　a　loser；〃　said　rich　dad。　〃Its　a　Texans　attitude　toward　risk；　reward　and　failure　Im　talking　about。　Its　how　they　handle　life。　They　live　it　big。　Not　like　most　of　the　people　around　here；　living　like　roaches　when　it　es　to　money。　Roaches　terrified　that　someone　will　shine　a　light　on　them。　Whimpering　when　the　grocery　clerk　short　changes　them　a　quarter。〃

Rich　dad　went　on　to　explain。

〃What　I　like　best　is　the　Texas　attitude。　Theyre　proud　when　they　win；　and　they　brag　when　they　lose。　Texans　have　a　saying；　〃If　youre　going　to　go　broke；　go　big。　You　dont　want　to　admit　you　went　broke　over　a　duplex。　Most　people　around　here　are　so　afraid　of　losing；　they　dont　have　a　duplex　to　go　broke　with。〃

He　constantly　told　Mike　and　me　that　the　greatest　reason　for　lack　of　financial　success　was　because　most　people　played　it　too　safe。　　〃People　are　so　afraid　of　losing　that　they　lose〃　were　his　words。

Fran　Tarkenton；　a　one…time　great　NFL　quarterback；　says　it　still　another　way：　〃Winning　means　being　unafraid　to　lose。〃

In　my　own　life；　Ive　noticed　that　winning　usually　follows　losing。　Before　I　finally　learned　to　ride　a　bike；　I　first　fell　down　many　times。　Ive　never　met　a　golfer　who　has　never　lost　a　golf　ball。　Ive　never　met　people　who　have　fallen　in　love　who　have　never　had　their　heart　broken。　And　Ive　never　met　someone　rich　who　has　never　lost　money。

So　for　most　people；　the　reason　they　dont　win　financially　is　because　the　pain　of　losing　money　is　far　greater　than　the　joy　of　being　rich。　　　Another　saying　in　Texas　is；　〃Everyone　wants　to　go　to　Heaven；　but　no　one　wants　to　die。〃　Most　people　dream　of　being　rich；　but　are　terrified　of　losing　money。　　So　they　never　get　to　Heaven。

Rich　dad　used　to　tell　Mike　and　me　stories　about　his　trips　to　Texas。　〃If　you　really　want　to　learn　the　attitude　of　how　to　handle　risk；　losing　and　failure；　go　to　San　Antonio　and　visit　the　Alamo。　The　Alamo　is　a　great　story　of　brave　people　who　chose　to　fight；　knowing　there　was　no　hope　of　success　against　overwhelming　odds。　They　chose　to　die　instead　of　surrendering。　Its　an　inspiring　story　worthy　of　study；　nonetheless；　its　still　a　tragic　military　defeat。　They　got　their　butts　kicked。　A　failure　if　you　will。　They　lost。　　So　how　do　Texans　handle　failure？　They　still　shout；　Remember　the　Alamo！〃

Mike　and　I　heard　this　story　a　lot。　He　always　told　us　this　story　when　f　he　was　about　to　go　into　a　big　deal　and　he　was　nervous。　After　he　had　done　all　his　due　diligence　and　now　it　was　put　up　or　shut　up；　he　told　us　this　story。　　Every　time　he　was　afraid　of　making　a　mistake；　or　losing　money；　he　told　us　this　story。　It　gave　him　strength；　for　it　reminded　him　that　he　could　always　turn　a　financial　loss　into　a　financial　win。　Rich　dad　　　I　knew　that　failure　would　only　make　him　stronger　and　smarter。　Its　not　that！　he　wanted　to　lose；　he　just　knew　who　he　was　and　how　he　would　take　a　loss。　He　would　take　a　loss　and　make　it　a　win。　Thats　what　made　him　a　winner　and　others　losers。　It　gave　him　the　courage　to　cross　the　line　when　others　backed　out。　〃Thats　why　I　like　Texans　so　much。　They　took　a　great　failure　and　turned　it　into　a　tourist　destination　that　makes　them　millions。〃

But　probably　his　words　that　mean　the　most　to　me　today　are　these：　〃Texans　dont　bury　their　failures。　They　get　inspired　by　them。　They　take　i　their　failures　and　turn　them　into　rallying　cries。　Failure　inspires　Texans　to　　bee　winners。　But　that　formula　is　not　just　the　formula　for　Texans。　It　j　is　the　formula　for　all　winners。〃

Just　as　I　also　said　that　falling　off　my　bike　was　part　of　learning　to　ride。　I　remember　falling　off　only　made　me　more　determined　to　learn　to　ride。　Not　less。　I　also　said　that　I　have　never　met　a　golfer　who　has　never　lost　a　ball。　To　be　a　top　professional　golfer；　losing　a　ball　or　a　tournament　only　inspires　golfers　to　be　better；　to　practice　harder；　to　study　more。　Thats　what　makes　them　better。　For　winners；　losing　inspires　them。　For　losers；　losing　defeats　them。

Quoting　John　D。　Rockefeller；　〃I　always　tried　to　turn　every　disaster　　into　an　opportunity。〃

And　being　Japanese…American；　I　can　say　this。　Many　people　say　that　Pearl　Harbor　was　an　American　mistake。　I　say　it　was　a　Japanese　mistake。　From　the　movie　Tora；　Tora；　Tom；　a　somber　Japanese　admiral　says　to　his　cheering　subordinates；　〃I　am　afraid　we　have　awakened　a　sleeping　giant。〃　〃Remember　Pearl　Harbor〃　became　a　rallying　cry。　It　turned　one　of　Americas　greatest　losses　into　the　reason　to　win。　This　great　defeat　gave　America　strength；　and　America　soon　emerged　as　a　world　power。

Failure　inspires　winners。　And　failure　defeats　losers。　It　is　the　biggest　secret　of　winners。　　Its　the　secret　that　losers　do　not　know。　The　greatest　secret　of　winners　is　that　failure　inspires　winning；　thus；　theyre　not　afraid　of　losing。　　Repeating　Fran　Tarkentons　quote；　〃Winning　means　being　unafraid　to　lose。〃　People　like　Fran　Tarkenton　are　not　afraid　of　losing　because　they　know　who　they　are。　They　hate　losing；　so　they　know　that　losing　will　only　inspire　them　to　bee　better。　There　is　a　big　difference　between　hating　losing　and　being　afraid　to　lose。　Most　people　are　so　afraid　of　losing　money　that　they　lose。　They　go　broke　over　a　duplex。　Financially　they　play　life　too　safe　and　too　small。　They　buy　big　houses　and　big　cars；　but　not　big　investments。　The　main　reason　that　over　90　percent　of　the　American　public　struggles　financially　is　because　they　play　not　to　lose。　They　dont　play　to　win。

They　go　to　their　financial　planners　or　accountants　or　stockbrokers　and　buy　a　balanced　portfolio。　Most　have　lots　of　cash　in　CDs；　low…yield　bonds；　mutual　funds　that　can　be　traded　within　a　mutual…fund　family；　and　a　few　individual　stocks。　It　is　a　safe　and　sensible　portfolio。　But　it　is　not　a　winning　portfolio。　It　is　a　portfolio　of　someone　playing　not　to　lose。

Dont　get　me　wrong。　Its　probably　a　better　portfolio　than　more　than　70　percent　of　the　population；　and　thats　frightening。　Because　a　safe　portfolio　is　a　lot　better　than　no　portfolio。　Its　a　great　portfolio　for　someone　who　loves　safely。　But　playing　it　safe　and　going　〃balanced〃　on　your　investment　portfolio　is　not　the　way　successful　investors　play　the　game。　If　you　have　little　money　and　you　want　to　be　rich；　you　must　first　be　〃focused；〃　not　〃balanced。〃　If　you　look　at　anyone　successful；　at　the　start　they　were　not　balanced。　Balanced　people　go　nowhere。　They　stay　in　one　spot。　To　make　progress；　you　must　first　go　unbalanced。　Just　look　at　how　you　make　progress　walking。

Thomas　Edison　was　not　balanced。　He　was　focused。　Bill　Gates　was　not　balanced。　He　was　focused。　Donald　Trump　is　focused。　George　Soros　is　focused。　George　Patton　did　not　take　his　tanks　wide。　He　focused　them　and　blew　through　the　weak　spots　in　the　German　line。　The　French　went　wide　with　the　Maginot　Line；　and　you　know　what　happened　to　them。

If　you　have　any　desire　of　being　rich；　you　must　focus。　Put　a　lot　of　your　eggs　in　a　few　baskets。　Do　not　do　what　poor　and　middle　class　people　do：　put　their　few　eggs　in　many　baskets。

If　you　hate　losing；　play　it　safe。　If　losing　makes　you　weak；　play　it　safe。　Go　with　balanced　investments。　If　youre　over　25　years　old　and　are　terrified　of　taking　risks；　dont　change。　Play　it　safe；　but　start　early。　　Start　accumulating　your　nest　egg　early　because　it　will　take　time。