July 2017 / 50 posts found

From Bikinis to Business Suits: An Entrepreneur’s Crazy Journey to the Beaches of Brazil – The Wealth Circle

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Most people spend their first job slaving away at a local restaurant or department store. But, if you’re like me, you leave home to sell bikinis abroad. Yes, that actually happened: When I was 18, I was tipped off by an older friend about a unique way to make money: Travel to Brazil. Buy bikinis in a local factory. Sell them on the beach.  Emboldened by the prospect of easy cash and valuable experience, I booked my flight that very same day. What followed was a crash course in business (and crisis) management that helped prepare me […]

How to create wealth in the long term?

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I have been investing in ICICI Prudential Value Discovery Fund (SIP Rs 2,000) since Aug 2016. I am planning to top up by 10 per cent from August. I plan to start another SIP of Rs 1,000 in SBI Bluechip Fund. I am 32 years old. I want to create wealth in the long term. What is your suggestion? Kartik Swaminathan, a Certified Financial Planner, responds: Yearly top-up of 10 per cent is the ideal way of creating long term value and fulfilling your financial goal. ICICI Value Discovery Fund is good fund and you can increase your SIP amount […]

5 Lessons Most People Learn Way Too Late in Life – The Wealth Circle

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1. Perception is reality It’s true. The way you interpret and understand the world directly affects your beliefs and the way you live your life. Perception creates bias as much as it creates understanding. It creates fear as much as it creates curiosity. Do you want your reality to be narrow or vast? Will the bliss that ignorance provides be sufficient, or do you need more? The truth is most people want more. Even if it is on a subconscious level. Humans tend to trail blaze. From cradle to the grave, our society emphasizes the importance of education. Learning and […]

How ‘Hustle-Mode’ Is Trapping Thousands of Entrepreneurs – The Wealth Circle

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Most entrepreneurs can’t spend a second on social media without being hit in the face by a “hustle-mode” type post, tweet, Instagram picture, quote or livestream. Don’t get me wrong, you have to work hard, but “hustle-mode” can be a quicksand if you’re not careful. What I mean is with “hustle” you’re basing your business on luck, instead of proven systems for success. And yes, you will get “more lucky” by working harder, but you can only work so hard before getting burnt out. Richard Branson and Warren Buffett don’t out-hustle the competition – and […]

Under Standing Builderall White Label

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IQ and the Wealth of Nations

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IQ and the Wealth of Nations is a 2002 book by Richard Lynn, Professor of Psychology, and Tatu Vanhanen, Professor of Political Science. The authors argue that differences in national income (in the form of per capita gross domestic product) are correlated with differences in the average national intelligence quotient (IQ). They further argue that differences in average national IQs constitute one important factor, but not the only one, contributing to differences in national wealth and rates of economic growth. Critical responses have included questioning of the methodology and of the incompleteness of the data, as well as of the […]

Trump Just Claimed That All Americans Are “Getting Very Rich” Because of Him, Do You Agree?

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Wow, Trump actually said that everyone is getting rich in America because of his presidency besides him.  His level of hypocrisy just reached a new height. Trump is taking credit for work the Obama administration achieved.  When he can’t erase Obama’s accomplishments, he simply takes credit for them.  When the media exposes his scandals, he simply reverses the headlines.  In this case, he’s not profiting from his presidency, but everyone else is making money hand over fist. According to The Hill, Trump stated, “Personally, I’ve picked up nothing. Everyone else is getting very rich. That’s ok, I’m very happy.” Trump continues to pat himself […]

21 Insane Ways Celebrities Get (And Stay) Rich

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1 And the winner is … Congrats, Scott Laffey. You win money. by Scott Laffey Cracked’s weekly Pictofacts and Photoplasty contests are open to all comers, and anyone with image manipulation skills can walk away with $25 – $100 per winning entry. Enter here. We’re also looking for contest ideas and single-artist image sets. Pitch yours, here.

Under Donald Trump’s Tax Plan, the Rich Would Get Richer and the Poor Poorer, Report Shows

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Although the effort by President Donald Trump and the Republicans to repeal and replace Obamacare has stalled in the Senate, the administration reportedly has a much stronger plan of action for its tax overhaul bill. Should the tax plan come to fruition, the country could see a significant slide down a global index of inequality, leaving it below countries with far smaller economies and less influence, The Guardian reported Sunday. If the Trump administration executes its tax plan, the Commitment to Reducing Inequality index estimates that the U.S. would drop in the global ranking to No. 29 in the world from its current […]