I just want to share with you this article I found in AOL website:

Do you ever wish you had invested in Amazon or Apple before they hit the jackpot? Nobody can predict the future, but if you went back 10 years with only $100 and the knowledge you have now, you could be a billionaire today. [Here is] how it’s possible.

Yahoo (YHOO)

Year: 1997
Jan. 1: $100
Dec. 31: $611

If you invested $100 in Yahoo stock at the start of 1997, the year of the Spice Girls, Hanson, and Titanic, you’d have $611 by the end of the year, thanks to Yahoo’s 511% return. (more…)

Some people become wealthy because they decide to become wealthy. They believe that they have the ability to become financially successful.  They know exactly what they want in life, they believe that they can achieve it, they set goals, write clear written plans, manage their time and then they consistently take the necessary actions that turn their dreams or beliefs into realities. They focus on the most important things so they can easily achieve their goals. They don’t make excuses, they only take action. Some people on the other hand are interested only to become wealthy, they have not yet decided to become rich. And because they are only interested, they do things half-heartedly. These people don’t know exactly what they want, their goals are not clear, they don’t have clear plans, they have not yet decided and they are not yet committed to do (more…)

The Pareto Principle is the observation that most things in life are not distributed evenly. The principle was suggested by Joseph M. Juran. The Principle was named after the Italian economist Vilfredo Pareto, who observed that 80% of wealth in Italy was owned by 20% of the Italian population. After Pareto made his observation and created this formula, many others observed that this principle can also be useful in their own areas of expertise. The Pareto Principle helps us realize that the majority of results come from a minority of inputs. For example, if we apply this to sales, Pareto principle says that 80 percent of sales are made by 20 percent of the salespeople in a company and 20 percent of sales are made by the remaining 80 percent salespeople. (more…)