There is a reason that Publisher's Clearing House no longer gives away a large Grand Prize of $10 Million dollars.
You have seen their TV ads. It's now $5,000 a week for life!
Why?
Why did they change this so a poor person would only receive a nice weekly prize rather than a large sum of money.
I know the reason and I don't have to ask anyone.
You see, most people don't know how to manage money.
In an exit interview with CBS Affiliate in Los Angeles, Kobe Bryant was asked: (paraphrasing) What was one of the things you learned after signing your first big contract?
Kobe responded that, you don't give a Million dollars to anyone.
His rational for this was if you give a relative, who asks for a million, the million dollars, they are right back the next year asking for another million dollars again.
He said the best thing to give them is a monthly income.
He's right.
That's why Publisher's Clearing House no longer gives anyone a grand prize. They finally realized that it was better to give $5,000 a week for life, then to dump a large sum on an untrained money manager.
So, when I saw this article, I thought all of you unsuspecting untrained money managers should know what true billionaires do to help them maintain their wealth
Mistakes Millionaires Never Make!
Please enjoy.
To Contact David Howes with any CRE questions, try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!
You have seen their TV ads. It's now $5,000 a week for life!
Why?
Why did they change this so a poor person would only receive a nice weekly prize rather than a large sum of money.
I know the reason and I don't have to ask anyone.
You see, most people don't know how to manage money.
In an exit interview with CBS Affiliate in Los Angeles, Kobe Bryant was asked: (paraphrasing) What was one of the things you learned after signing your first big contract?
Kobe responded that, you don't give a Million dollars to anyone.
His rational for this was if you give a relative, who asks for a million, the million dollars, they are right back the next year asking for another million dollars again.
He said the best thing to give them is a monthly income.
He's right.
That's why Publisher's Clearing House no longer gives anyone a grand prize. They finally realized that it was better to give $5,000 a week for life, then to dump a large sum on an untrained money manager.
So, when I saw this article, I thought all of you unsuspecting untrained money managers should know what true billionaires do to help them maintain their wealth
Mistakes Millionaires Never Make!
Please enjoy.
To Contact David Howes with any CRE questions, try: davidATdavidhowesDOTnet OR; 7 0 2 5 01 9 3 8 8 AND Please #Follow David on Twitter: @DavidAHowes Have a nice day!
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