Thanks to readers like you I’ve been added to the list of Top Finance Blogs over at Modest Money. Looks like I’m in the top 100 which I’m pretty happy about 🙂 Check out some of the other finance sites on that list if you want some weekend reading. Thanks to Jeremy for making the list :0)
On a side note. Remember how I said before that to become smart investors we have think like burglars, and be on the lookout for windows of opportunity? 😀 Well recently I ran into an amazing opportunity. A couple days ago I heard on the local radio station while driving to work that Rich Dad workshops are happening in the Greater Vancouver area this week 😀 I was so excited I signed up right away. Rich Dad is a financial education brand created by Robert Kiyosaki, author of the popular book Rich Dad Poor Dad. Some of you may have seen my Tweet announcement earlier on this blog.
I’m glad at least one of my readers was interested in this learning opportunity too. So we actually went to the workshop together 🙂 I’m surprised there wasn’t more interest though.
So what did I get out of this 2 hour workshop? In short, a lot! 😀
First, there’s the complementary educational CD with a sticker price of $39.99. The contents in it include how to find investment reports, how to prosper in the “new economy,” and more. Then there’s also the free notepad and amazing ball point pen supplied by the hotel, also free (^_^) I go to so many of these seminars I never have to buy paper and pens anymore 😎 #setforlife
Second, the presenter, Katie, did a great job of getting the audience motivated about taking control of our money. The first thing we need in order to accomplish anything significant is passion, and she certainly inspired that in the audience 🙂 It all starts with a “burning desire.” Desires lead to actions, which leads to results. I’ll come back to this point a bit later.
Third, we learned about how to use other people’s money (O.P.M) so that we can invest and make profits even if we don’t have much savings ourselves. As most of you know I’m already using this strategy 😉 But through the workshop I’ve learned about options other than banks to borrow money from, for example, hard money lending, and seller finance. Good to know for future reference.
Fourth, they went over basic stock market analysis and options trading. Options sound like a lot of fun so I’m going to start trading options soon. Maybe as early as next week. I’ll explain what options are as I catalogue my learning experience with them on this blog over time. So this is me using my burning desire of becoming financially independent, to lead me to take action! （●＾o＾●）Which will then, as explained earlier, lead to results! 🙂 I could potentially make over 20% return on investment if I do it right 😯 My friend the starving artist has been successfully trading options for awhile now so I’m sure I can get some beginner tips from him.
Overall I thought the workshop was very informative and a good value for the cost of nothing, lol. The event I attended was yesterday. But the same workshops continue today and into Saturday, so if you’re a Vancouverite with no plans this evening or tomorrow I would recommend attending one of these free sessions. For details just Google “rich dad Vancouver workshops.” Or replace “Vancouver” with your own city to find out if the workshops are available in your local area 🙂
Note: If you go to these kinds of events, they will try to sell you further courses or other products or books. And they can be quite persuasive (o_O) For the right people, these additional training packages can be greatly beneficial and are well worth the money. But everyone is different and I don’t have any recommendations at all about whether you should or shouldn’t spend money on them. That’s up to you 😉 Also, I’m not affiliated with them in any way.
Random Useless Fact: The world’s largest living rabbit weighs 55 lbs and eats $90 of food a week. #highmaintenance