The Profit Prophet

The riddle has been around for a long time, and supposedly it has been reported that kindergarteners get it right more often than adults, but there is no evidence that research was ever conducted on the comparative answers of Kindergartners. In addition, there is no report ever done by Stanford University seniors, nor is there any evidence that this was reported on Paul Harvey.  Still, this is one of MY favorites..because in my own survey, almost EVERY adult could not answer it....interesting..  THE RIDDLE: What is greater than God,  More evil than the devil,  The poor have it,  The rich don't need it,  And if you eat it, you'll die?  The answer to the riddle is " nothing ."  Nothing is greater than God.  Nothing is more evil than the Devil.  The poor have nothing.  The rich need nothing.  And if you eat nothing, you'll die

Here's how...and it is NOT what you think. As of 2009, the IRS did a study on how the 400 highest income earners made their money (if you want to go to the source, you can review it here: 400 Individual Tax Returns Reporting the Largest Adjusted Gross Incomes , an annual report issued by the IRS).  To give you the Reader's Digest version, in 2009 $77.4 million got you in the club; but the average earnings were $202.4 million, a lot of money but well down from the $334.8 million average in 2007.  In interesting thing is WHERE they made their money: Wages and salaries:  8.6% Interest: 6.6% Dividends: 13% Partnerships and corporations:  19.9% Capital gains: 45.8% Yep, almost 50% was made in capital gains...investing in theirs or others companies. Diving deeper there can be seen obvious conclusions: Working for a salary won't make you rich. Neither will making only safe "income" investments. Neither will investing only in large companies. Own...

Some people do not understand why they become entrepreneurs and go blindly into an endeavor thinking that becoming rich is the only thing that is important. Here is a tale of perspective that all should read: ________________________________________________- An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellow fin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them. The Mexican replied, "Only a little while." The American then asked, "Why didn't you stay out longer and catch more fish?" The Mexican said, "With this I have more than enough to support my family's needs." The American then asked, "But what do you do with the rest of your time?" The Mexican fisherman said, "I sleep late, fish a little, play with my children, take siesta with my wi...