Archive for January 2, 2008

How a Millionaire’s Brain Works

I think when you ask any adults their resolution for the new year, most probably the issue of money/finance is one of those listed. Well - here’s a good short story of how a millionaire’s brain really works - they’re able to see what we cannot see. Like Robert Kiyosaki mentioned in one of his books, one of the secrets of getting more money is not trying to find more income source, but to plug the holes that is flushing your current income from your pocket.

Enjoy!

A man walked into a bank in New York City one day and asked for the loan officer.

He told the loan officer that he was going to Philippines on business for two weeks and needed to borrow $5,000. The bank officer told him that the bank would need some form of security for the loan.

Then the man handed over the keys to a new Ferrari parked on the street in front of the bank. He produced the title and everything checked out. The loan officer agreed to accept the car as collateral for the loan.The bank’s president and its officers all enjoyed a good laugh at the guy for using a $250,000 Ferrari as collateral against a $5,000 loan.

An employee of the bank then drove the Ferrari into the bank’s underground garage and parked it there.Two weeks later, the guy returned, repaid the $5,000 and the interest, which came to $15.41.

The loan officer said, “Sir, we are very happy to have had and this transaction has worked out very nicely, but we are a little puzzled. While you were away, we checked you out and found that you are a multi millionaire. What puzzles us is, why would you bother to borrow “$5,000″.

The millionaire replied: “Where else in New York City can I park my car for $15.41 and expect it to be there when I return”

Source : Fortune Watch

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Happy New Year 2008

Sorry this is 2 days’ late - but hey, at this time of writing, it is still less than 48 hours since we ushered the new year, in fact, I still can smell the fireworks burned since that midnight. The smell is so strong it seems like it’s coming from the house next door. Eh wait - it’s my neighbour burning the grass… oh well.. HAPPY NEW YEAR 2008!!

fireworks over oslo
Picture above is a picture taken over Oslo, Norway at the stroke of midnight.

In Norway there’s no tradition for fireworks arranged by the city. It’s too cold in January to gather downtown for the celebrations, so everyone just go out into their gardens or a nearby open spot, launch their rockets and then head back inside. The result is a view like this, with fireworks shooting up from absolutely everywhere at midnight on January 1.

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