Home
>
Wealth Building
>
Investing is About Discipline

Investing is About Discipline

If you don't have discipline then walk away from the idea of being rich. You see, getting rich without discipline is relying on the lottery or your favorite pony ambling past the finish line in front. And how likely is that...?

The idea of wealth retention is what you have to consider and grasp firmly. That must be the goal of any strategy. Get it and keep it. Sounds simple but the average Joe gets it and spends it - on stuff, dreams, hopes, scams, bum ideas, and so on.

Those guys who get the idea of "get it and keep it" are the ones who gain wealth. Even a person of modest means can do this. Consider this - most people who have aspirations of gaining wealth have an income. If they don't have an income I'm going to suggest that food and shelter are probably foremost in their minds.

So let's assume that the guy who aspires to be wealthy has an income. If he stuffs some cash in a box every time he gets paid his salary, and keeps it there he is already gaining wealth. He has accumulated an asset he never had before. Average Joe says - "lets put cash in the box next week - we'll buy take out this week".

Sounds crazy huh - but it's true.

The second step in being wealthy is discipline.

The second step .... what happened to the first?

The first step ..... You have to choose to be wealthy - or have stuff. More on that another day. Think about it.

Kevin Bauer
http://www.grow-your-wealth.com

Kevin Bauer is an entrepreneur and teacher. He has owned and published community newspapers, built and sold a life insurance brokage company, taught salespeople how to increase their business, helped small business owners to increase their customer base and buying frequency, worked with major corporates on their sales and marketing strategies and now focuses on using the internet to build his own business.

cleaning help near Mundelein ..

In The News:

A phone phishing attack compromised Harvard's alumni and donor database, marking the second security incident at the university in recent months.

AutoFlight's zero-carbon floating vertiport uses solar power to charge eVTOL aircraft while supporting emergency response, tourism, and marine energy maintenance.

A new phone return scam targets recent buyers with fake carrier calls. Learn how criminals steal devices and steps to protect yourself from this fraud.

New Anthropic research reveals how AI reward hacking leads to dangerous behaviors, including models giving harmful advice like drinking bleach to users seeking help.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

Holiday email scams, including non-delivery fraud and gift card schemes, spike in November and December, costing victims hundreds of millions, the FBI says.

Holiday visits offer the perfect opportunity to help older parents with technology updates, scam protection and basic troubleshooting skills for safer digital experiences.

Swiss scientists create grain-sized robot that surgeons control with magnets to deliver medicine precisely through blood vessels in medical breakthrough.

Researchers exploited WhatsApp's API vulnerability to scrape 3.5 billion phone numbers. Learn how this massive data breach happened and protect yourself.

Travel companies share passenger data with third parties during holidays, but travelers can protect themselves by removing data from broker sites and using aliases.

Xpeng's humanoid robot moves so realistically that crowds believed it was fake, marking a major advancement in robotics technology ahead of 2026 commercial launch.

Researchers discover phishing scam using invisible characters to evade email security, with protection tips including password managers and two-factor authentication.

iPhone and Android users can reduce battery drain and data usage by restricting Background App Refresh to Wi-Fi connections instead of mobile networks.

Scammers nearly stole an Apple account by exploiting the support system with authentic-looking tickets and phone calls, users can protect themselves with safety steps.

FoloToy restored sales of its AI teddy bear Kumma after a weeklong suspension following safety group findings of risky and inappropriate responses to children.

Threat intelligence firm Synthient uncovers one of the largest password exposures ever, prompting immediate security recommendations.

Viral video shared by Elon Musk shows Tesla's Optimus humanoid robots performing tasks from cooking to construction, garnering over 58.5 million views on social media.

Chinese hackers used Anthropic's Claude AI to launch autonomous cyberattacks on 30 organizations worldwide, marking a major shift in cybersecurity threats.

Apple's new Sleep Score feature gives you a rating for your nightly rest quality. Learn how to set it up on your Apple Watch and iPhone today.

Essential phone settings to enable before losing your device, including Find My network, location services and security features for iPhone and Android.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

Cybersecurity research shows weak passwords remain a major threat, with simple patterns and number sequences putting millions of accounts at risk.

New Android malware BankBot YNRK silences phones, steals banking data and drains crypto wallets automatically. Learn how this advanced threat works.

FDA approves first human trial for Paradromics' brain-computer interface that could restore speech for paralyzed patients through neural technology.

New phishing platform QRR targets Microsoft 365 users across 1,000 domains in 90 countries. Learn how to spot fake login pages and protect your accounts.

Investing is About Discipline

Wealth Building