Join Tom Corley & Michael Yardney on their journey to understand the mindset of the rich & successfull.
Latest posts
My best friend, Bill King, is 11 years older than me. Like me, he’s a CPA and a CFP. When I was just starting out in my career, Bill gave me the best financial advice I ever heard. Bill and I were discussing what it takes for the average individual to become financially free….
Ever wonder where the Rich learned their Rich Habits? In Tom Corley’s 5 year Rich Habits research he uncovered one overriding fact: Parents are responsible for poverty, the wealth gap and income inequality. Not Wall Street, not the economy, not the 1%, not government policies, not your life’s circumstances – Parents! Watch as we chat…
Hardwired by evolution into every human is the desire to be part of a herd. In the early days of humanity, being part of a herd = survival. With a herd, there was always someone within the herd on guard for predators or danger and also herd members who identified opportunities that could be beneficial…
Almost everyone wants to become rich. According to Tom Corley’s 5 year Rich Habits research, being rich eliminates 67% of the problems that plague most people. So, besides being able to buy that house by the beach, a Rolex watch or travel to exotic places, being rich means fewer problems in life. Fewer problems equals…
One of the reasons self-made millionaires become rich, is they know something about goal-setting that isn’t generally known or taught. And this knowledge enables them to achieve 100% of their goals, every time, all the time. Unfortunately, most people who set goals, grow frustrated or beaten down and eventually give up on their goals. That’s too…
What’s stopping your from getting rich, or from becoming richer than you already are? Well according to Tom Corley, my good friend and co-author of my book Rich Habits Poor Habits, it’s likely to be your poor habits. So let’s look at 11 daily habits that you should drop. But before we do, a little…
According to a study by Raj Raghunathan, Ph.D., Associate Professor with University of Texas McCombs School of Business, between 60-70% of self-talk is negative. And, according to a landmark study by B.L. Frederickson, called The Broad and Build Study, this is a major problem. Negativity, they found, shuts down part of the neocortex, impairing focus, cognitive ability…
Your brain takes in 11 million bits of information per second. Unfortunately, the brain can only process 40 bits of information per second. Which 40 bits does it choose to accept? The answer to that question dictates the type of life you create. Will that 40 bits be negative information or positive information? Will it…
There’s a misconception that being naive is a trait – something you are just born with. Not so. The fact is, naiveté is a habit. And a very bad one. According to my research, 27% of self-made millionaires in my study failed at least once. They had to pick themselves up from the financial gutter…
That feeling we call happiness is actually an elevation of primarily three neuro-chemicals – dopamine, seratonin and norepinephrine. Dopamine naturally increases whenever we experience positive, good, upbeat events. Dopamine increases motivation, creative thinking, memory, problem solving and enthusiasm. Serotonin naturally increases whenever we are around people we love or care about and experience love, compassion,…
Copyright © Michael Yardney's Property Investment Update | Important Information
