The Body Builders Guide to Money

[VegasRenegade]

The body builders guide to money

This is not intended to be used as advice in how you should invest each individual case needs to be looked at individually.

However I do believe there are certain basics that hold true for all.

I will write this in installments as I get the time. It will necessary carry some of my own bias so
I want to leave time for others to post and ask questions.

The body builders guide to money

Chapter 1

Educating your money muscle

This stuff is not taught in high school ask youself why not.

Dealing with money is not that hard to understand but you need to have the basic information so you can make choices. When you first go into a gym as a novice you might fell over whelmed by all the machines, Weights, body types, diet, workout theory’s, supplements, steroids etc. If you can master your body you can master your mind.

Here is a list of must things to do to educated yourself, this list is not exhaustive but chosen because each deals with an area of wealth in a way easy to understand.

You need to take the time to watch Mad Money every day for a least a month. Cramer makes understanding the market fun and easy.

After this check out some other daily shows on MSNBC or CNBC.
You will find your self starting to understand the market speak.

Read rich Dad poor Dad. Find out why they way you think about money will keep you poor.

Listen to Dave Ramsey on the radio. You will learn why you need to live dept free and the difference between wants and needs.

Good reads

Success Is Not an Accident: Change Your Choices; Change Your Life learn to set goals.

The One Minute Millionaire: The Enlightened Way to Wealth

Life's Missing Instruction Manual : The Guidebook You Should Have Been Given at Birth

[BrettVarvre]

dvr set for mad money. i never gave the guy a chance because he always seems to be acting crazy but if he makes things simple to understand its definitely a great starting point. thanks for the tips

[VegasRenegade]

he is nuts but he keeps you interested great place to start but you need to follow daily to see what he is thinking

[SlimmerMe]

Love Dave Ramsey's very common sense approach....
Cramer can be exhausting....
what about Suzi Orman? she can be exhausting too but smart as a tack

[VegasRenegade]

Orman know her stuff but I find her a bit full of herself.

[Times Roman]

Suze Ormon reminds me of Primerica

[layeazy]

IF you great with people and are great bodybuilder that's the foundation for success...

Do you really need a book lol...

[fattymcbutterpants]

we need to start an investment club haha, but Dave Ramsey is the man if you arent good with managing your money.
If your interested in getting into stocks I just read an older book called One Up on Wall Street by Peter Lynch one of the greatest Fund Managers of all time and its not about a bunch of crap its a common sense approach to picking stocks. It doesnt tell you what to buy or anything it just teaches you how to analyze a company and decide if it is over or undervalued and a good investment or not.
Its a pretty good book though I have really enjoyed it and its kinda funny its not dull whatsoever. I just have about a chapter or two left in it.

But anyways good job Vegas

[JDawg1536]

Love Dave Ramsey's very common sense approach....
Cramer can be exhausting....
what about Suzi Orman? she can be exhausting too but smart as a tack

She's a moron.

[MACHINE5150]

I have a copy of rich dad poor dad as an ebook if anyone wants a copy of it.. It changed my life when i read it 7 years ago.. I will never look back now.

[VegasRenegade]

Glad to see some post on this.