The Prudent or the Simpleton –
Which One Are You?
Since January, I’ve been hosting a monthly investor training webinar for the PropertyInvesting.com community. In the most recent one, I talked about “How Smart Investors Attract Wealth.”
Why do some people attract wealth and others repel it?
Have you ever noticed that some people just seem to keep winning financially, making steady progress toward their goals? Others, however, continue to struggle and face setbacks. They never can seem to get ahead.
I believe the answer to “Why?” is found in an ancient Hebrew proverb from King Solomon of Israel. In the following 10-minute video clip from the beginning of the webinar, I use Solomon to explain the distinction between two types of investors: the “prudent” and the “simpleton.”
Then at the end of the clip, I pose some thought-provoking questions to challenge you to develop a plan for becoming more prudent in your investing decisions.
So, what’s your plan for becoming more prudent?
After watching, take a moment to share your thoughts in the comment section below.