the 5 laws of gold
TRANSCRIPT
The 5 Laws of GoldThe five indisputable Laws for building wealth
The First Law of GoldGold comes to any person who will save at least 1/10 of their earnings to create a future for themselves and their family.
• Anybody who would save at least 1/10 of their earnings consistently and invest it wisely will undoubtedly create a valuable estate.
• This law states that no matter where you start or how little money you have, if you save consistently you will achieve enough savings to grow your money in other ways
The Second Law of GoldGold works hard and happily for the owner who finds it profitable employment.
• If you find good investments for your savings it will increase and multiply.
• As you invest you increase your passive income and your savings.
• For example a rental income property, IUL’s, small businesses, Reits or annuities.
The Third Law of GoldGold stays with the cautious owner who invest it under the advice of men wise in it’s handling.
• Invest with people who have experience in the area that you are thinking of investing in.
• Seek advice from such people and not from those with little expertise.
The Fourth Law of GoldGold slips away from those who invest it in businesses or purposes that they are not familiar with or which are not approved by advisors with expertise.
• Invest in areas that you know about• Do your research thoroughly• Seek out good partners
The Fifth Law of GoldGold flees from the person who forces it to make impossible earnings, who follows the advice of tricksters and schemers, or who trust it to their own inexperience and romantic desires.
• If it sounds to good to be true, it probably is.• There is no such thing as get rich quick.
The five rules of gold adapted from George S. Clason’s The Richest man in
Babylon
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