Sunday, September 16, 2012

The secrets of wealth

Dear David.
This week I'm doing a series on wealth in response to your request to investigate the secrets as to how wealth is built.

150 to 200 words a day will not get the job done but these morning thoughts may serve to take your mind in some new directions

Historically, the richest people on earth have been the Jews.
Even to this day Jews, comprising 8% of the American population, control 70% of the nation's wealth.
This should not be a cause for envy but a reason for your personal
investigation.

  I recommend to you the book,"The Merchant Bankers", which gives an in depth examination of the Rothchild family.





The patriarch, Mayer Rothchild, founded the world's richest dynasty from a Frankfurt ghetto in the mid-18th century.

Notice, David, that although he was a daily attendant at the synagogue not once did he subscribe to the notion that

"We believe and get rich"

On the contrary, you will find as you read the book that business acumen, hard work, integrity in business dealings, moral probity and a rock solid family life were the foundations stones of his banking empire.

As you study the book do not look for a magic formula for becoming rich.

There is none.


Jubilate.

Ian

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