Thread: Rules Of The Rich
08-15-2023, 03:37 AM
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#1
- GordonXXX
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- GordonXXX
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Rules Of The Rich
1. Pay yourself first.
2. Leverage other people’s time and money.
3. Always have multiple streams of income.
4. Never rely solely on earned income.
5. Understand the power of compound returns.
6. Prioritize financial education.
7. Avoid lifestyle inflation.
8. Build and maintain a strong network.
9. Invest in assets, not liabilities.
10. Take calculated risks.
11. Surround yourself with like-minded individuals.
12. Know the difference between price and value.
13. Think long-term.
14. Be adaptable and embrace change.
15. Use debt strategically.
16. Protect your wealth (e.g., through insurance, tax strategies, legal structures).
17. Reinvest dividends and profits.
18. Seek out great mentors that are doing what you want to do.
19. Continuously focus on self-improvement.
20. Limit exposure to toxic people and thinking.
21. Understand the value of a strong personal brand.
22. Negotiate everything.
23. Never stop learning.
24. Control expenses and live below your means.
25. Know your worth, and don’t undervalue yourself.
https://www.newtraderu.com/2023/08/1...s-of-the-rich/
2. Leverage other people’s time and money.
3. Always have multiple streams of income.
4. Never rely solely on earned income.
5. Understand the power of compound returns.
6. Prioritize financial education.
7. Avoid lifestyle inflation.
8. Build and maintain a strong network.
9. Invest in assets, not liabilities.
10. Take calculated risks.
11. Surround yourself with like-minded individuals.
12. Know the difference between price and value.
13. Think long-term.
14. Be adaptable and embrace change.
15. Use debt strategically.
16. Protect your wealth (e.g., through insurance, tax strategies, legal structures).
17. Reinvest dividends and profits.
18. Seek out great mentors that are doing what you want to do.
19. Continuously focus on self-improvement.
20. Limit exposure to toxic people and thinking.
21. Understand the value of a strong personal brand.
22. Negotiate everything.
23. Never stop learning.
24. Control expenses and live below your means.
25. Know your worth, and don’t undervalue yourself.
https://www.newtraderu.com/2023/08/1...s-of-the-rich/
08-15-2023, 03:44 AM
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#2
08-15-2023, 03:59 AM
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#3
- bigdownunder
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- bigdownunder
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27. Ignore bull**** generic lists on the internet
08-15-2023, 04:06 AM
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#4
- r32gojirra
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- r32gojirra
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28. If you can’t afford an actual Lexus, a used entry-level 2.0 is okay
08-15-2023, 04:09 AM
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#5
08-15-2023, 04:09 AM
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#6
- AdvancedDreamer
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29. OP is always a phäggöt.
08-15-2023, 04:19 AM
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#7
- Kewbrah
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- Kewbrah
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Originally Posted By GordonXXX⏩
Unless you are going to inflate your lifestyle then there is no point in being rich.7. Avoid lifestyle inflation.
If your goal is to live like a poor person then why not just be a poor person?
08-15-2023, 04:29 AM
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#8
- GordonXXX
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- GordonXXX
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Originally Posted By Kewbrah⏩
the goal is freedom not slavery.Unless you are going to inflate your lifestyle then there is no point in being rich.
If your goal is to live like a poor person then why not just be a poor person?
If your goal is to live like a poor person then why not just be a poor person?
08-15-2023, 04:55 AM
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#9
08-15-2023, 04:58 AM
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#10
- SillieBazzillie
- Md, Misc, Old-Brah
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- SillieBazzillie
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Originally Posted By GooBaaa⏩
Not just that, he eats like a 5 year old boy and worships a lying, orange moron.Sorry I don’t take advice from a guy that penny pinches and drives a used Lexus
Legit the last person on earth to take advice from. Why do you think he's alone all the time?
Early AM workout crew.
Holy crap dude, Satan's huge crew.
08-15-2023, 05:03 AM
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#11
- 129iq
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- 129iq
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Originally Posted By SillieBazzillie⏩
Do you he believes this dumb stiff like dumb liberals?Not just that, he eats like a 5 year old boy and worships a lying, orange moron.
Legit the last person on earth to take advice from. Why do you think he's alone all the time?
Legit the last person on earth to take advice from. Why do you think he's alone all the time?
https://www.skeptic.com/research-cen...-CUPES-007.pdf
08-15-2023, 05:07 AM
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#12
- SillieBazzillie
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- SillieBazzillie
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Originally Posted By 129iq⏩
Why do you support white cops hunting blacks boyo?Do you he believes this dumb stiff like dumb liberals?
https://www.skeptic.com/research-cen...-CUPES-007.pdf
https://www.skeptic.com/research-cen...-CUPES-007.pdf
We should all be against people of every race hunting people of other races.
C'mon boyo!
Ok, if we had a little hunt like The Hunt, wouldn't be the worst thing in the world...
Early AM workout crew.
Holy crap dude, Satan's huge crew.
08-15-2023, 05:09 AM
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#13
- GordonXXX
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Originally Posted By GooBaaa⏩
and that's why you're trapped cleaning out septic tanks for a living.Sorry I don’t take advice from a guy that penny pinches and drives a used Lexus
Originally Posted By SillieBazzillie⏩
i eat steak every night you soy eating low testosterone liberal f@gggot.Not just that, he eats like a 5 year old boy and worships a lying, orange moron.
Legit the last person on earth to take advice from. Why do you think he's alone all the time?
Legit the last person on earth to take advice from. Why do you think he's alone all the time?
08-15-2023, 05:17 AM
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#14
- SillieBazzillie
- Md, Misc, Old-Brah
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- SillieBazzillie
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Originally Posted By GordonXXX⏩
LOLOLOLOLOLand that's why you're trapped cleaning out septic tanks for a living.
i eat steak every night you soy eating low testosterone liberal f@gggot.
i eat steak every night you soy eating low testosterone liberal f@gggot.
You basically microwave the pathetic Pulblix "steak" you buy. In fact you microwave everything you pathetic cultist loser.
"hur dur me eats steak every night hur dur"
SMH
Early AM workout crew.
Holy crap dude, Satan's huge crew.
08-15-2023, 05:20 AM
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#15
- 4Bertuzzi4
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#69 a beige Corolla is the GOAT rich man's car.
08-15-2023, 07:07 AM
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#16
Very good to okay.
Weakest is #22 IMO.
Could be shorter.
1. Pay yourself first.
2. Know the difference between price and value.
3. Use debt strategically.
4. Leverage other people’s time and money.
5. Invest in assets, not liabilities.
6. Take calculated risks.
7. Always have multiple streams of income; never rely solely on earned income.
8. Reinvest dividends and profits- think long term.
9. Protect your wealth (e.g., through insurance, tax strategies, legal structures).
10. Prioritize financial education, understand the power of compound returns.
11. Avoid lifestyle inflation, control expenses and live below your means.
12. Seek out great mentors that are doing what you want to do; limit exposure to toxic people and thinking.
13. Build and maintain a strong network, surround yourself with like-minded individuals.
14. Know your worth, and don’t undervalue yourself.
15. Continuously focus on self-improvement; never stop learning.
16. Be adaptable and embrace change.
Still generic AF, but solid.
Weakest is #22 IMO.
Could be shorter.
1. Pay yourself first.
2. Know the difference between price and value.
3. Use debt strategically.
4. Leverage other people’s time and money.
5. Invest in assets, not liabilities.
6. Take calculated risks.
7. Always have multiple streams of income; never rely solely on earned income.
8. Reinvest dividends and profits- think long term.
9. Protect your wealth (e.g., through insurance, tax strategies, legal structures).
10. Prioritize financial education, understand the power of compound returns.
11. Avoid lifestyle inflation, control expenses and live below your means.
12. Seek out great mentors that are doing what you want to do; limit exposure to toxic people and thinking.
13. Build and maintain a strong network, surround yourself with like-minded individuals.
14. Know your worth, and don’t undervalue yourself.
15. Continuously focus on self-improvement; never stop learning.
16. Be adaptable and embrace change.
Still generic AF, but solid.
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08-15-2023, 07:09 AM
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#17
- Ironmanlet
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- Ironmanlet
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1 (and only): be born into it
Anyone else need not apply.
Anyone else need not apply.
“The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.“
PS: Don't eat poop, just don't let the idea of it stop you from living life to its fullest.
08-15-2023, 07:09 AM
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#18
- GordonXXX
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- GordonXXX
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Originally Posted By katya422⏩
i negotiate almost everything. so do most of my wealthy friends. save when you can, spend when you must.Very good to okay.
Weakest is #22 IMO.
Weakest is #22 IMO.
08-15-2023, 07:20 AM
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#19
08-15-2023, 07:24 AM
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#20
- GordonXXX
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- GordonXXX
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Originally Posted By monster0ultra⏩
get a simple slim classic minimalist black leather card case. in 2023 all you need to carry is your driver's license, credit card, debit card, and $40 cash. keep everything else digital in Dropbox on your phone.I'm shopping for a minimalist wallet. What do you recommend big daddy?
The Ridge seems good but I don't like how the cash is outside.
The Ridge seems good but I don't like how the cash is outside.
Coach Card Case
$95
COLOR: Black
https://www.coach.com/products/card-case/934.html
08-15-2023, 07:29 AM
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#21
- GooBaaa
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Originally Posted By GordonXXX⏩
I have more at 28 than you do at 61and that's why you're trapped cleaning out septic tanks for a living.
i eat steak every night you soy eating low testosterone liberal f@gggot.
i eat steak every night you soy eating low testosterone liberal f@gggot.
All thanks to be a tradie
08-15-2023, 07:30 AM
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#22
08-15-2023, 07:35 AM
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#23
08-15-2023, 07:36 AM
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#24
08-15-2023, 07:37 AM
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#25
08-15-2023, 07:39 AM
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#26
08-15-2023, 07:43 AM
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#27
Originally Posted By GordonXXX⏩
Sorry, but *everything* is not worth the time.i negotiate almost everything. so do most of my wealthy friends. save when you can, spend when you must.
Worked retail for many years. Any idea what a PITA it is to work for a major retailer and have some customer wasting your time and theirs wanting to negotiate a price lower than what is on the sign for no real reason?
I get if there is damage [scratch and ding] or it is a floor model or something. But c'mon man, do you really think it is worth it to spend a half hour or more trying to get $10 off a Diaper Genie or some such?
If you can speak to someone who is able to adjust the price and you can make some sort of case for getting a discount [end of season, buying a large volume, etc.] fine. Otherwise please go back to the bazaar to haggle.
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08-15-2023, 07:51 AM
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#28
- x-trainer ben
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- x-trainer ben
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30. never tip the guy that details your car, save that coin.
31. always take creep shots it is cheaper than dating, more savings.
31. always take creep shots it is cheaper than dating, more savings.
There is an unspoken thing, we are iron brothers and sisters, we are to support each other and...It is our duty to support our brothers and sisters in the iron game!
08-15-2023, 07:57 AM
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#29
08-15-2023, 08:10 AM
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#30
- x-trainer ben
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Originally Posted By Anachron⏩
yawn, and if they live 3 hours away, let them decide what to do about their own health situation and medical care since they are a senior.32. If a member of your family is sick, banish them to the garage.

also known as "common sense"
There is an unspoken thing, we are iron brothers and sisters, we are to support each other and...It is our duty to support our brothers and sisters in the iron game!
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