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time the market。 Just like a surfer; they get in position for the next big swell。
It's all 〃insider trading。〃 There are forms of insider trading that are illegal; and there are forms of insider trading that are legal。 But either way; it's insider trading。 The only distinction is how far away from the inside are you? The reason you want to have rich friends who are close to the inside is because that is where the money is made。 It's made on information。 You want to hear about the next boom; get in and get out before the next bust。 I'm not saying do it illegally; but the sooner you know; the better your chances are for profits with minimal risk。 That is what friends are for。 And that is financial intelligence。
4。 MASTER A FORMULA AND THEN LEARN A NEW ONE: The poake bread; every baker follows a recipe; even if it's only held in their head。 The same is true for making money。 That's why money is often called 〃dough。〃
Most of us have heard the saying 〃You are what you eat。〃 I have a different slant on the same saying。 I say; 〃You bee what you study。〃 In other words; be careful what you study and learn; because your mind is so powerful that you bee what you put in your head。 For example; if you study cooking; you then tend to cook。 You bee a cook。 If you don't want to be a cook anymore; then you need to study something else。 Let's say; a schoolteacher。 After studying teaching; you often bee a teacher。 And so on。 Choose what you study carefully。
When it
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