Desiring not to take action

Posted on February 22, 2007 - Filed Under Philosophy |

Kiyosaki penned this article last month.  I won’t use the term "plagiarize" but he makes some statements that border on thoughts I’ve discussed previously.

Maybe he reads this blog.  He and Donald.

During his article, Kiyosaki tells a quick story about a friend of his, who talks himself out of every deal Kiyosaki recommends.  This obviously is a clear sign that his friend is not really ready to become a real estate investor.

It goes beyond that.

In reading about taking charge of personal finances, the author of the article stated that you can’t gain any ground on your personal finances if you don’t face the truth.  In other words, if you pretend to see only half the financial picture and ignore the other half you can’t make any headway.

It is my belief that it is the same with investing.  But instead of facing the truth, regarding the financial situation, it is facing the truth about the mental situation as well.  To use the colloquialism, they "don’t have their ducks in a row".  That is to say, they truly aren’t ready.

Rather than say they’re not ready, they continue through the charade, through the motions.  Yet everything is always a "bad" deal.  An excuse not to exercise the deal can be found.  Sometimes these people congratulate themselves, from walking away yet again from another bad deal.

A guy I know does this with women.  He will meet all kinds of women, when he’s out with his friends.  When the women invite him to go to a club or back to their room, he tells them "no".  He thrives on telling women "no" to their advances; fighting their "control" over him.  Look where it has got him today: all alone.

Way to put those women in their place!

As long as these people continue to find flaws with all deals, no deals will be made.  Not to be a sourpuss but there is not a deal to be found anywhere that is perfect.  Whether it’s investing in real estate, the stock market or a CD there are flaws to everything.  The real question to be answered is whether one can live with those flaws.  If enough are found, the person walks away from the deal.

Of course for those that are ready, those flaws actually become points of negotiation.  And that’s when the best deals are actually found.

If you liked that post, then try these...

One red paper clip on July 12th, 2006
The ingenuity of some people never ceases to amaze me.

Wants on December 5th, 2005
I remember when I first started meeting my mentor for visits.

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