The Mystical Truth of Money
THE MYSTICAL, MAGICAL TRUTH ABOUT MONEYWADE B. COOK PART THREE
INVESTMENTS THAT STAGNATE
I mentioned above that the three benefits of ownership are Income, Tax Write-Offs and Growth. I’ll add here that most investments don’t work. I’ve been in real estate, oil, running businesses, both private and public, and doing investments in the stock market—albeit a completely different way than you would think. I’ll show it to you in a moment. In my seminars all over the country I’ve looked out at the audience and stated, “I know I’m going to step on some toes right now. I’m going to offend some of you. Please forgive me in advance.” I’ll give you the reader the foundation for this line of questioning in a moment. First, to continue this discussion with the audience. “Most of you will never make it. Most of you will never become wealthy. Most of you will fail financially.” They’re looking perplexed. They’re sitting in one of my seminars or workshops and they’ve paid good money to be there. I continue, “Why? Why won’t you make it big time? It is because you don’t deserve it.” This is a bombshell, but it’s true. I look out at them and ask a few questions. “What have you done that qualifies you to be rich? What knowledge have you gained that will propel you to success? What experiences have you had that qualify you to be rich? You will not make it because you don’t deserve it.” Well, I’ve thoroughly discouraged them and it’s time to show them a new way, and new strategy to get them qualified. You know that experience is the best teacher. It is, but it does not have to be your experience. You can learn and borrow experiences from others.