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A Good Reputation is More Valuable than Gold

Posted on February 9th, 2012

Dion DiMucci has been a constant fixture in the rock and roll colony of great artists since the 1950s.  Now, even at the age of 72, his music is in high demand.  An interview with "Dion" was recently published in The Wall Street Journal. No one would argue that he has musical talent.  But he also possesses a philosophy that is common among most successful people.  He was asked if he felt any bitterness towards those music executives who exploited his talent. I didn't get hurt as bad as a lot of people.  With "Runaround Sue" and "The Wanderer" I reaped...

Elect Men and Women of Integrity

Posted on February 2nd, 2012

The current political environment is filled with statements containing half truths, exaggerations, and down right lies.  In light of this it may be  worthwhile to go back and reflect upon the number one factor that underlies success according to my survey of America's most economically productive people: integrity.  According to Webster's, integrity implies an incorruptible soundness of moral character, especially as displayed in fulfilling trusts.  Interestingly it uses the following example: "elect men of integrity." As I stated in The Millionaire Mind, Most economically successful people don't believe that integrity, or lack of it, can be averaged into one overall grade point...

A Wealth of Halloween Treats Revisited

Posted on October 27th, 2011

When I was a boy, we lived in a small apartment in a blue-collar section of the Bronx.  Just a quarter mile away was the wealthiest neighborhood in New York City, a residential community called Fieldston, aka Mansionville!  I was nine years old.  I told my eleven-year-old sister, "I'm disgusted with the marginal propensity of the people in our own blue-collar neighborhood to give to trick-or-treaters on Halloween.  I think we need to move out of our neighborhood this Halloween and go to Fieldston."  So Sissy, her two friends and I began by cold-calling a home on Waldo Avenue.  The...

One Letter-Multi Millions

Posted on October 6th, 2011

The new Mustang, especially with the world class 5 liter V-8, is yet another success version of the namesake which made its debut in 1964.  From the beginning the Mustang was a concept based on the preferences of car enthusiasts.  Lee Iacocca who was the #2 man at Ford during his tenure there is often credited with being "the father of the Mustang."  But he graciously gave credit to others.  It seems that Mr. Iacocca made it a habit of reading countless letters from car buffs urging him to produce a sporty 4-seater version of the famous 1955-57 2-seater Thunderbird. ...

Superior Neighborhood = Superior People?

Posted on October 4th, 2011

In a recent email, Deb shared her thoughts about buying a home.  I just finished reading Stop Acting Rich, and it reminded me of something. . .  .  My . . .husband and I . . . bought a house. . . . The housing market was down . . . and we were looking in a blue-collar area because he needed to move into [a specific] school district . . . There was a tiny development of new construction, and we got a new four-bedroom colonial . . . .  . . . later, a coworker of mine started to look for a house...