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Just my thoughts #0561

Most successful wealthy people consistently say that “wealth comes from the mind.” In a way, this notion seems like a luxury that only accomplished individuals can afford. However, it is true. The essence of money is merely a representation of the idea of credit. In other words, money is philosophical, and wealth is nothing more than the application of ideas. Wealth originates in the mind because it results from engaging with philosophies and ideas. Therefore, to achieve wealth, you must first learn to control your mind. Developing money-making skills follows next. - Joseph’s “just my thoughts”

Just my thoughts #0516

All businesses ultimately converge in real estate and finance . This is an unavoidable fate. Real estate is the smallest unit and foundation of production activities, with a price calculated in real terms . Volatile assets that have a real price and whose prices fluctuate frequently must generate interest or dividends. Rental fees for an office or store are typically sufficient for the business operator to pay the interest on the loan owed by the lessor , the real estate owner, to the bank, akin to the real estate owner holding a particular share of the lessee ’s business. Therefore, a lessee capable of paying interest on a property as a rental fee is the strongest candidate to own that property. This fact serves as strong evidence that business is closely linked to real estate. After all, most businesses grow in size and have two asset structures : their basic operating sales and real estate revenue . Without an efficient connection between these two structures, a business will nev...