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After spending 5 years studying millionaires, I’ve found that there are 3 types of people who end up the wealthiest

Thomas C. Corley, Contributor Sep 8, 2018, 10:18 PM

• To become wealthy there are a few things you have to do with your money. 

• Thomas C. Corley studied and interviewed 233 wealthy individuals over the course of four years and found three common ways they build their fortunes.

• “Saver-investors” focused on having no debt, lived well below their means, and invested and saved for many years. 

• “Virtuosos” were the best of the best in their careers, and worked for companies that gave stock options or owned their own highly-profitable businesses. 

• “Dreamers” were the wealthiest group: They pursued a big dream and made it a reality, which led to some massive gain or income.

What I found is that there were three predominant paths rich people pursued in order to accumulate their wealth.

1. The ‘saver-investors’

Just less than 22% of the rich people in my Rich Habits Study fell into this category. The “saver-investors” all had zero debt, and the passive income generated by their invested savings was enough to meet or exceed their standard of living.

They all had five things in common:

1. They had a low standard of living and

2. They typically made a modest income and

3. Their modest income exceeded their low standard of living and

4. They saved 20% or more of their modest income for many years and

5. They consistently and prudently invested their savings for many years.

It took the Savers about 32 years to accumulate an average wealth of $3.4 million.

2. The ‘virtuosos’

Approximately 27% of the rich people in my study were “virtuosos.” These rich people were virtuosos in their career, industry, or profession. They were among the best at what they did.

These individuals either worked for large, publicly-held corporations, in which a significant portion of their compensation was stock-based compensation or they were entrepreneurs/small business owners with enterprises that were highly profitable.

It took the virtuosos about 20 years to accumulate an average wealth of $4 million.

3. The ‘dreamers’

The “dreamers” were by far the wealthiest group in my study. Approximately 51% of them were individuals who pursued some big dream and were able to turn that dream into a reality. Their dream eventually provided them with an enormous amount of income, profit, or gain, and they accumulated an average of $7.4 million in about twelve years.

The point to all of this is: There is more than one way to skin a cat. If you’re risk averse, it does not disqualify you from becoming rich. If you have no dream or you’re not interested in saving your way to wealth, becoming a virtuoso in what you do for a living can make you rich. If you are not a saver or a virtuoso, pursuing some dream that makes your heart sing can also make you wealthy.

If you want to be rich, the only important thing is to pick one path that works for you and stick with it for many years. The one common denominator all levels of wealth shared was time — it took many years to accumulate their wealth.

Source: https://www.businessinsider.com/3-ways-to-build-wealth-2018-7

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My Kid

My kid in the future, my kid right now
My kid in the future, my kid right now

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Richard Branson’s 3 Best Tips for Overcoming Self-Doubt

Richard Branson

Richard Branson

The Virgin founder and all-around adventurer’s best tricks for pushing past self-doubt.

As Richard Branson’s recent trip to space proves, the Virgin founder and all-around adventurer isn’t the kind of guy to let doubt stand in the way of an outlandish goal. But just because Branson personifies the swashbuckling, risk-taking entrepreneur, that doesn’t mean he never experiences self-doubt. 

Like his fellow space company founder Elon Musk, Branson confessed recently on LinkedIn that he, too, is human and is sometimes haunted by doubts. He just refuses to be stopped by them. 

So how does he overcome fear when it threatens to stand in the way of his outsize dreams? His first move, he writes, is to remind himself “of all the brilliant innovations and discoveries that would have come to nothing if their inventors had given in to their doubts.” His next is to try a handful of practice fear-busting techniques he graciously shares with readers. 

1. Talk it out.

Left in your head, doubts can metastasize or return in an endless loop of unproductive rumination. Rather than worry over the same fear over and over again, it’s better to let the air in with a little conversation and a fresh perspective.  

“It’s always a good idea to discuss any doubt you have with colleagues and friends, and to really listen to their feedback,” Branson advises. “If you feel more confident after these conversations, take a ‘screw it, let’s do it’ attitude and push your doubts to the side.” 

2. Examine your doubt.  

And what if your doubt lingers? Then maybe it’s time to listen to it. Sometimes doubt is there for a reason, Branson acknowledges, and the best way to deal with it is to actually solve whatever issue is causing you to worry. 

“Your doubts may signal a niggling problem that needs to be addressed. If you demand proof from your doubt, you’ll be able to either squash it or solve the problem. Either way, your dreams and ideas will be better for it,” Branson writes, recalling a time in the early days of Virgin Atlantic when a moment of doubt led to a business-saving course correction. 

3. Take a break. 

Like any good Brit, Branson’s final suggestion starts off with a suggestion to “get a cup of tea.” But don’t worry if you’re not a fan of hot steeped beverages. The point isn’t the cuppa, it’s the idea that sometimes the best solution for negative thoughts and tough obstacles is a little distance. 

“Whenever doubt starts to get the better of me, I find exercise really helps. I’ll get on my bike, play some tennis, or have some downtime with my family. This is often when my best ideas come to me as well!” Branson continues. 

He’s far from the only achiever to notice the magic powers of a change of scene, a little exercise, and some time out of doors. A host of thinkers from Charles Darwin to Steve Jobs to Albert Einstein have recommended a little hiking, sailing, or bike riding whenever you’re hung up on a problem or worry. 

Science shows nature reduces stress, exercise makes us smarter, and rhythmic activities that demand some but not all of our attention — like walking or shampooing your hair — can help shake out creative ideas. No wonder taking a break can actually be the fastest, best way to work your way around self-doubt. 

Source: www.inc.com/jessica-stillman/richard-branson-self-doubt-fear-confidence.html

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Free at Last by Carla Bertoli

Painting acrylic – Quadri Pop Art di Carla Bertoli 
FREE AT LAST
Tecnica Mista 50×70 – Anno 2020

Free at Last by Carla Bertoli
Free at Last by Carla Bertoli

Source: http://www.carlabertoli.com

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Will Rogers – three kinds of men

There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest of them have to pee on the electric fence for themselves. Will Rogers.

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Solar Eclipse Identity

Solar Eclipse Identity
Solar Eclipse Identity

Game: use your day of birth, the last number of your birth year, and the zodiac sign to find your Solar Eclipse Identity.

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Three Graces

Three Graces by Mary Noga
Three Graces by Mary Noga

Mary Noga is a Polish artist who was born in 1985. Mary Noga’s work has been offered at auction multiple times, with realized prices ranging from $2,126 USD to $3,188 USD.

Source: https://www.mutualart.com/Artist/Mary-Noga/2C031168FF44B168

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Old Harry Rocks

Old Harry Rocks are three chalk formations, including a stack and a stump, located at Handfast Point, on the Isle of Purbeck in Dorset, southern England. They mark the most eastern point of the Jurassic Coast, a UNESCO World Heritage Site. photography by @uwo

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Star Trek

The U.S. should add 3 more states.

Why’s that?

Captain Kirk Man Myth Legend

Fascinating….

Because 53 is a prime number. Then they can truly be one nation, indivisible.

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The Far Side

In the early days, living in their squalid apartment, all three shared dreams of success. In the end, however, Bob the Spoon and Ernie the Fork wound up in an old silverware drawer, and only Mack went on to fame and fortune.

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Eleanor Roosevelt

“Great minds discuss ideas; average minds discuss events; small minds discuss people.”

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Tri-Cornered Baseball Game – 1944 Dodgers Yankees Giants

Crowd buys $56,500,000 in War Bonds
Crowd buys $56,500,000 in War Bonds

The three way game played on June 26, 1944 was set up to support the war effort with an unusual exhibition game played by the Yankees, Dodgers, and the Giants at the Polo Grounds. Presented by the War Bond Sports committee in connection with the Fifth War Loan. The First War Loan began on November 30, 1942. The Fifth War Loan was the largest of the eight, and by its conclusion on July 8, 1944, $20.6 billion had been raised. $56.5 million contributed by the Tri-Cornered game at the Polo Grounds. 

  The crowd of 50,000 contributes $5.5 million to attend, while the Bond Clothing Co. pays $1 million in bonds for an autographed program. The overwhelming majority of the money comes from the city of New York, with Mayor Fiorello La Guardia purchasing $50 million worth of bonds. 
Dickey, Pennock, Schang

Dickey, Pennock, Schang

 The three-cornered baseball game started with Hitting, running, and throwing contests. In between contests, Al Schacht, the Clown Prince of Baseball, entertained the crowd of 50,000, and admission to the game was by purchase of series E, F, and G war bonds. The 40,000 general admission unreserved seats cost one $25 war bond; the 5,809 reserved seats in the lower stands went for a $100 bond; the box seats both upper and lower cost the fan a $1,000 war bond. Bleacher seats were free to servicemen. 
Dickey, Pennock, Schang

Dickey, Pennock, Schang

 Between the Contests and the game took center stage at second base where radio and movie comedian Milton Berle “boisterously ushered in” a series of musical numbers. Then former Mayor James J. Walker took charge as master of ceremonies to introduce some New York baseball oldtimers: Zack Wheat, Nap Rucker and Otto Miller of the Dodgers; the Giants’ Roger Bresnahan, George (Hooks) Wiltse, and Moose McCormick; the Yankees’ Wally Schang, Herb Pennock, and U.S. Navy Lieutenant Commander Bill Dickey.

Giants vs Dodgers vs Yankees
Giants vs Dodgers vs Yankees

Giants vs Dodgers vs Yankees – The setup for a three-way nine inning game was simple: The Dodgers and Yankees played the first inning while the Giants sat out; the Dodgers and Giants played the second inning while the Yankees sat out; the Yankees and Giants played the third inning while the Dodgers sat out. The same order continued to the game’s end.

Scoreboard
Scoreboard

Fifth War Bond

Fifth War Bond

Fifth War Bond

This is a 1944 Dodgers Yankees Giants Tri-Cornered Baseball Game Polo Grounds Fifth War Loan Program. The glossy 16 page, black & white program was issued by the War Bond Sports committee. Listed in the program’s centerfold rosters are the following Hall of Fame members: Dodgers Paul Waner and Leo Durocher, Giants Joe Medwick, Mel Ott and Ernie Lombardi, Yankees Joe McCarthy and Umpire Jocko Conlan. Many other stars of the time are also listed: Dixie Walker, Ed Stanky, Ralph Branca, Howie Schultz, Whit Wyatt, Augie Galan, Billy Jurges, Gus Mancuso, Buddy Kerr, Johnny Allen, George Stirnweiss, Hank Borowy, Joe Page.

Source: http://keymancollectibles.com/publications/threewaygame.htm