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The 5 laws of Gold: 5th law of gold.

 Fifth Law of Gold:

Gold flees the man who would force it to impossible earnings or who followith the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desire of investments.

What does it mean?

Basically avoid scams who say they can turn your money to many more. The “Too good to be true” type of scams or the urgency investment cause it will not last.

Now what constitutes a unreal return that is up to you. I have heard of people on that talking box in my living room say anything over 8% is not real.

With the “right” real estate investment you can return up to and over 100% in a year. Thought the 4 ways you make money in Real Estate.

This mean you have to know what someone can and can’t do with in Real Estate or even any other investment.

It is great to think I can make 300% return this year but is that realistic? Maybe with the right investment but you will not know if you have no idea how the investment works. So that also mean not to take someone at there work get involved that is how we learn and expand ourselves.

This was Taken for the book “The Richest Man In Babylon” by George S Clason.

 

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Image courtesy of Stuart Miles / FreeDigitalPhotos.net

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