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Tom Riach   My Press Releases

Wealth 20 : Selling And Buying

Published on 4/19/2014
For additional information  Click Here

SELLING AND BUYING


Selling and Buying” is the 20th in my 'Wealth' series of original copyrighted WakeUp2Wealth Press Releases written by Tom Riach (that's me above) from my home in the sunny south of Portugal.

Wake Up 2 Wealth

Wake Up 2 Wealth's Daily View Of The World!


SELLING AND BUYING


Do you notice anything odd about the above title, “Selling and Buying?” Do you perhaps think that it's a typographical error and that it should read “Buying and Selling?” That after all is the normal sequence that people would usually follow, buy something and then sell it, and therefore that's how it would normally be written – buying and selling. But no, this is no error. I have quite deliberately written Selling and Buying in that way, so the question is “Why?”


For the answer we must first go back to my observations about success and successful people. I have written that to 'think successful' takes a certain mindset. And, given that only a very small percentage of people are 'successful' and wealthy – 5% no more – it follows that only this select group have the 'right' attitude in this context. Therefore it also follows that everyone else's attitude in this context is the 'wrong' attitude. Now this is a very important point indeed. It means that the opinions and ideas of Ninety Five Per Cent of the population, as espoused daily on television, in the pub and in the workplace are totally worthless. They may make up 95% of opinion but they make up 100% of Unsuccessful opinion! The ideas and practices of the Five Per Cent on the other hand – 5%ers as I call them – make up 100% of successful, entrepreneurial opinion. And these very success ideas and practices will be totally alien to what 95%ers (Joe Public) thinks contributes to success.


POWER POINT - “Learn to think like a 5%er and accept that you will be different from 'Joe Public', 95%ers.”


Take my word for it. I'm not the kind of guy to mess about. Check me out by CLICKING ON the photo below.

Selling and Buying

That's me on the right, on stage at Vilamoura Casino presenting awards in my capacity as consultant to a major leisure and tourism company.


You can Contact me and arrange a FREE chat with me NOW! - Go to Contacts section at the bottom of this article.


SELLING AND BUYING


With “Selling and Buying” we have a specific example of how a 5%er thinks and acts differently from anyone else. In fact, what I am about to reveal to you is one of the single most profound 'secrets' of the super successful! Here it is : 5%ers do not Buy then Sell. 5%ers only Sell then Buy!


POWER POINT - “Successful entrepreneurs never buy then sell, they first sell and then buy!”


The simple sense of the sell then buy philosophy is so powerful that it totally goes over the head of the majority of the populace. And if presented to them most will question how it can be. Surely you must buy something before you can sell it? How can you sell something which you don't already own? Of course the answer to both of these questions is that it's perfectly possible to first sell and then to buy something but to understand the practice you must first develope the mindset and attitude of a 5%er. Remember, very successful people generally follow very simple wealth creation practices. So simple in fact that the majority of people cannot see or will not believe that these practices are at the very heart of the 5%er's success.


POWER POINT - “Successful entrepreneurs follow such simple wealth creation practices that the majority of people cannot see or will not believe that these practices are at the very heart of their success.”


No-one wants to or sets out to make a loss in business but what 5%ers do is to ensure that the risk of loss is negligible. Therefore they develope practices which absolutely minimise the risk of loss while hugely increasing the liklihood of profit. And the Sell then Buy approach is one of their most powerful tactics. You see the Sell then Buy approach to trading gives the practitioner two huge but simple benefits. 1 – He/she need never make a loss. 2 – He/she need never be left holding stock.


POWER POINT - “Sell then Buy yields two huge but simple benefits. 1 – You need never make a loss. 2 – You need never be left holding stock.”


Selling first means that a sale price is established only if it exceeds the known cost

of acquiring the article and that, in turn, means that there is never any need to hold stock. What, after all, is the point of incurring the cost of storage, staff costs and transportation when someone else will bear it? Let someone else take the risk.

By the same token it is wiser by far to work on commissions rather than buy/sell stock. Better earn $1 million and keep it all as profit rather than turn over $20 million with all the attendant hassle and cost to make the same $1 million. Simple!


POWER POINT - “Never buy anything until you have already sold it at a higher price. That way you will always make money”


And then there's stocks and shares, equities and their derivatives. Dealing in these involves no physical stock of any kind and there's a ready liquid market. So trading is fast and easy. Most significantly, it's possible to Sell first and then Buy. There's a number of strategies can be employed, but that's for another time ….


POWER POINT - “Selling and buying in stocks and shares, equities and derivatives is easy, involves no physical stock and there's a ready liquid market.”


Finally, and to reiterate. Never buy anything until you have already sold it at a higher price. Sell then buy. That way you will always make money. Just like the super rich.


I live and 'work' in the sunny south of Portugal. Need I say more?

Selling and Buying

My Office In The Algarve


Email : Click Here





Tel. : (00 351) 914 021 159



Website : Wake Up 2 Wealth

SELLING AND BUYING

is an original copyrighted Tom Riach press release, short and to the point. I hope you enjoyed reading about ”Selling And Buying” and found it informative/entertaining. To learn more or to get in touch with me or to join my contacts group, please visit me on my website at WAKE UP 2 WEALTH.

See you there! Regards, Tom.


© Copyright Joseph T.Riach 1998-2014. All rights reserved.


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