Sheep get sheered; Pigs get fat; Hogs get slaughtered
By Todd Williams
Some of the biggest questions on many people’s minds are,
How do I make more money?
What is the secret to increasing my wealth? Should I get a part
time job and trade more hours for dollars? Should I work harder
or smarter? What must I do?
We all have bills to pay, we need things, we want things, and
we want things now, not later, and above all, we want it easy!
I have a relative who wanted wealth easy and without working for
it. They joined a group of people who had an investment program
that promised “big money.” They were given a printout
as to what type of return could be expected at the various levels
of investment dollars. The numbers were staggering! After justifying
why they should invest, my relative was so excited that they quite
the job they were working for 30 years, and convinced (recruited)
many of their friends to join in the program. (Needless to say
a recruitment attempt was made towards me but later abandoned due
to my “attitude and lack of faith” towards the whole
thing.
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It all seemed to work for the first 90-120 days. The accounts
were growing as promised. (at least that is what the statements
said). My relative was even able to get some money back upon
request at one time. It was a time of gloating, and pats
on the back. All was great… until one day, no one would
answer the phone at the “ Headquarters” of the
investment program. Days later, a letter from a government
agency arrived in the mail.
The program was a Ponzi scheme. A Ponzi scheme is a scam
that relies on a number of investors. When a new investor
joins the “program”, a portion of the money is
used to pay off existing investors to give the appearance
of faithfulness. Many people lost hard earned money, and
my poor relative gave up their job, lost their integrity,
and lost their pride. Unfortunately, my relative is still
not working, and is still chasing scheme after scheme. They
have not learned the basic money lessons inherent in the
story. What lesson can be learned from this story? |
I. Sheep get sheered.
A lot of people lost a lot of money because they invested in something
they knew very little about. People don’t get involved in
human relationships with people they never met or have any knowledge
of. Why invest hard earned money into something you do not understand?
Ignorance is not bliss. Baaa!
II. Pigs get fat
There is nothing wrong with making a lot of money, or earning
a big return on invested dollars. One should look for ways in which
they can increase their wealth either through investment, or work..
The important thing to understand is that income is in direct proportion
to the number of lives you effect or influence in some way. For
example, Bill Gates makes money because his company products are
used by a large percentage of computer users throughout the world.
The more people you help to reach their goals, the more money you
are likely to make. Oink!
III. Hogs get slaughtered
The character Gordon Gecko in the movie “Wall Street” said, “greed
is good.” Well, trying to get something for
nothing is a violation of natural laws. The Law of Seeds states:
if you want to get something, you
must plant a seed.
Too many of us want to get rich but don’t want to plant seeds,
or to have wealth in proportion with the amount of lives we influence
in a positive way.
Having a great amount of wealth disproportioned with the level
of contribution is greed. My relative and others like him/her who
desire returns much greater than what is reasonable set themselves
up for a slaughter.
For those who like to eat bacon or ham, Gecko is correct.
Greed is good, especially inside an omelet with cheese., hash browns,
and a side of grits!
Sueweee!
Maximize
your dreams
Overcome
obstacles by organizing your life
Network
to net-worth
Enjoy
the moment
Yield
abundance
Sensible
Enlightened
Non-partisan
Success
Excellence
Until next time
Your money coach
Todd A. Williams
Todd A Williams is a money coach. Join his free money tips e-zine
at http://www.moneybytodd.com
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