Stage 4 of 7: The Protection/Production Continuum Stage.
Much of what is taught by the financial media and most financial planners is false. The reason is that the financial institutions spend billions educating all of those giving the education and that information usually sounds correct and intelligent. No one ever stops to notice that the wealthy and these same institutions do exactly the opposite of what us commoners are taught to do. The result is that we go through life believing many things to be absolute truth because we’ve heard them so many times, when in reality, it is simple to show and prove that they are not true in real life.
Money is not Math, and Math is not Money. They work very differently and yet most financial wisdom given does not take this into account. Read the rest of this entry »