THE SECRETS OF GETTING RICH

Is there really a secret formula of getting RICH?

Do you believe on that? Or looking for that your whole life?

NONE.. NADA.. ABSOLUTELY WITHOUT! There is no such things as secret formulas, short-cuts, luck, or whatever others call it. If these things exist, the richest men and women identities should be in deep secrecy as well, so that their secrets of accumulating wealth might not be divulged to public, and if ever they will be known by the people the people can steal and copy their formula. Yet, contrary to that, every year list of wealthy people are being published on paper and from time to time new millionaires or billionares arise, open for public scrutiny.

The vehicle of getting rich varies from each and everyone, but the foundation of wealth accumulation is still the same. Maybe the process on how to get there can change a bit due to advent of technology and globalization which makes the world borderless.

To prove that, just take a look at Warren Buffet's interview then we simultaneously learn from this marvelous man of wealth. I am really inspired by the simpicity of his personality, to think how high profile and wealthy he is.

INTERVIEW OF WARREN BUFFET

There was a one hour interview on CNBC with Warren Buffet, the richest man who has donated $31 billion to charity.

Here are some very interesting aspects of his life:


1. He bought his first share at age 11 and he now regrets that he started too late!

2. He bought a small farm at age 14 with savings from delivering newspapers.

3. He still lives in the same small 3-bedroom house in mid-town Omaha , that he bought after he got married 50

years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence.

4. He drives his own car everywhere and does not have a driver or security people around him.

5. He never travels by private jet, although he owns the world's largest private jet company.

6. His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these

companies, giving them goals for the year. He never holds meetings or calls them on a regular basis. He has given his CEO's only two rules. Rule number 1: do not lose any of your share holder's money. Rule number 2: Do not forget rule number 1.

7. He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch Television.

8. Bill Gates, the world's richest man met him for the first time only
5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had scheduled his meeting only for half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.

9. Warren Buffet does not carry a cell phone, nor has a computer on his desk.


His advice to young people: "Stay away from credit cards and invest in yourself and Remember:


A. Money doesn't create man but it is the man who created money.

B. Live your life as simple as you are.

C. Don't do what others say, just listen to them, but do what makes you feel good.

D. Don't go on brand name; just wear those things in which you feel comfortable.

E. Don't waste your money on unnecessary things; just spend on things that you really need.

F. After all it's your life, then why give others the chance to rule your life."