Wealth is a mindset – Luke Belmar

Read a post by Luke Belmar tittle “Wealth is a mindset”, here is some highlights

Here is the link to his post

Hightlights

  • Don’t listen to what billionaire say, see what they do
  • Stop listening to 99.9% of the people around you
  • Don’t read best selling books, is better to look at who owns the publishing companies.
  • Find what wealthy people read and do and focus on those things.

I like this part ” Don’t read best selling books, is better to look at who owns the publishing companies.”

I could be wrong but what I understood from this is that instead of expending money buying best selling books, is better to invest that money into shares of the company that is publishing the books.

Which make sense because if you buy a book, you get the knowledge from that books which is good but if you buy a share of that company instead then you get profit in perpetuity from that company or until that company goes bankrupt.

Nowadays, you can buy fractional shares, so if a book cost $10. You can buy a fractional share for $10 instead.

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