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	<title>Comments on: The Absolute Essence Of How Wealth Is Created</title>
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	<description>Money Is Power</description>
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		<title>By: July 2008 Reflections at SpiritualBlog.com</title>
		<link>http://www.fortunewatch.com/the-absolute-essence-of-how-wealth-is-created/comment-page-1/#comment-7621</link>
		<dc:creator>July 2008 Reflections at SpiritualBlog.com</dc:creator>
		<pubDate>Thu, 31 Jul 2008 12:41:42 +0000</pubDate>
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		<description>[...] The Absolute Essence Of How Wealth Is Created [...]</description>
		<content:encoded><![CDATA[<p>[...] The Absolute Essence Of How Wealth Is Created [...]</p>
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		<title>By: Smith</title>
		<link>http://www.fortunewatch.com/the-absolute-essence-of-how-wealth-is-created/comment-page-1/#comment-7578</link>
		<dc:creator>Smith</dc:creator>
		<pubDate>Wed, 09 Jul 2008 03:02:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.fortunewatch.com/?p=792#comment-7578</guid>
		<description>Please forgive me, but about the only tangible advice I see in this is that you need a positive attitude to be wealthy. 

Permit me to suggest some counterpoints:
A) Wealth takes a fundamental understanding of  Profit &amp; Loss. This goes beyond what might perceive as attitude when in reality facts &amp; figures matter more then an emotion.
B) Those who understand wealth tend to understand fundamentals of risk evaluation better. 
C) Those who are wealthy tend to have little or no debt; AND fundamentally on a closer examination, you will find that their debts tend to be all &quot;good&quot; debts* vs. &quot;Bad&quot; debts.
D) *&quot;Good&quot; debts defined more by leveraged assets used to finance investments. &quot;Bad&quot; debts meaning consumer debts/lifestyle debts. (***If your true focus is on helping others to be wealthy, you should not be advising others in the other blog entries on how to achieve good credit scores, but perhaps focus on debt dumping in order to obtain wealth as a simple matter of common sense stewardship.***)
E) Wealthy people tend to rely more on facts &amp; figures rather then warm &amp; fuzzy feelings or non-factually supported emotions.
F) last but not least, wealthy people understand the true use of credit or debt &amp; how banking works. 
</description>
		<content:encoded><![CDATA[<p>Please forgive me, but about the only tangible advice I see in this is that you need a positive attitude to be wealthy. </p>
<p>Permit me to suggest some counterpoints:<br />
A) Wealth takes a fundamental understanding of  Profit &amp; Loss. This goes beyond what might perceive as attitude when in reality facts &amp; figures matter more then an emotion.<br />
B) Those who understand wealth tend to understand fundamentals of risk evaluation better.<br />
C) Those who are wealthy tend to have little or no debt; AND fundamentally on a closer examination, you will find that their debts tend to be all &#8220;good&#8221; debts* vs. &#8220;Bad&#8221; debts.<br />
D) *&#8221;Good&#8221; debts defined more by leveraged assets used to finance investments. &#8220;Bad&#8221; debts meaning consumer debts/lifestyle debts. (***If your true focus is on helping others to be wealthy, you should not be advising others in the other blog entries on how to achieve good credit scores, but perhaps focus on debt dumping in order to obtain wealth as a simple matter of common sense stewardship.***)<br />
E) Wealthy people tend to rely more on facts &amp; figures rather then warm &amp; fuzzy feelings or non-factually supported emotions.<br />
F) last but not least, wealthy people understand the true use of credit or debt &amp; how banking works.</p>
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		<title>By: Robin Bal</title>
		<link>http://www.fortunewatch.com/the-absolute-essence-of-how-wealth-is-created/comment-page-1/#comment-7575</link>
		<dc:creator>Robin Bal</dc:creator>
		<pubDate>Tue, 08 Jul 2008 20:55:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.fortunewatch.com/?p=792#comment-7575</guid>
		<description>Hi Viv,

Thanks for the great comment. People have wrong assumptions about millionaires. Millionaires definately think and act differently from an average person.

Recently I walked into a millionaires office (cold call) and said I had an idea which people like him have found beneficial and he had nothing to lose for listening to my story.

I came out with a big order, he later told me that the only reason he went ahead to do business with me was because I took the initiative to walk up to him. I had nothing to lose, worst comes to worst he would have said he is not interested.

People are generally hesitant to approach millionaires, some hidden fears I guess.

Take care and cheers.</description>
		<content:encoded><![CDATA[<p>Hi Viv,</p>
<p>Thanks for the great comment. People have wrong assumptions about millionaires. Millionaires definately think and act differently from an average person.</p>
<p>Recently I walked into a millionaires office (cold call) and said I had an idea which people like him have found beneficial and he had nothing to lose for listening to my story.</p>
<p>I came out with a big order, he later told me that the only reason he went ahead to do business with me was because I took the initiative to walk up to him. I had nothing to lose, worst comes to worst he would have said he is not interested.</p>
<p>People are generally hesitant to approach millionaires, some hidden fears I guess.</p>
<p>Take care and cheers.</p>
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		<title>By: Vivienne Quek</title>
		<link>http://www.fortunewatch.com/the-absolute-essence-of-how-wealth-is-created/comment-page-1/#comment-7573</link>
		<dc:creator>Vivienne Quek</dc:creator>
		<pubDate>Tue, 08 Jul 2008 16:13:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.fortunewatch.com/?p=792#comment-7573</guid>
		<description>Our inner world creates the outer world. It&#039;s the invisible that creates the visible. When the fruits are good and juicy, the credits should go to the roots that are buried and unseen by all. Yet, people praises the tree that&#039;s above ground. 

Many people are living in a sleep mode. They live in an ivory tower of I, me, myself. With little thoughts of loving, sharing with, and serving others. These people would probably assume that all millionaires are blood suckers. I believe most of the millionaires are the enlightened ones that know to share and serve. The Universe rewards people that walks in the light.</description>
		<content:encoded><![CDATA[<p>Our inner world creates the outer world. It&#8217;s the invisible that creates the visible. When the fruits are good and juicy, the credits should go to the roots that are buried and unseen by all. Yet, people praises the tree that&#8217;s above ground. </p>
<p>Many people are living in a sleep mode. They live in an ivory tower of I, me, myself. With little thoughts of loving, sharing with, and serving others. These people would probably assume that all millionaires are blood suckers. I believe most of the millionaires are the enlightened ones that know to share and serve. The Universe rewards people that walks in the light.</p>
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