The Richest Man In Babylon - InvestInRealEstate101

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he carries in his purse; it is the income he buildeth, the golden stream that continually floweth into his purse and keepeth it always bulging. That is what every man desireth. That is what thou, each one of thee desireth; an income that continueth to come whether thou work or travel. "Great income I have acquired. So great that I am called a very rich man. My loans to Aggar were my first training in profitable investment. Gaining wisdom from this experience, I extended my loans and investments as my capital increased. From a few sources at first, from many sources later, flowed into my purse a golden stream of wealth available for such wise uses as I should decide. "Behold, from my humble earnings I had begotten a hoard of golden slaves, each laboring and earning more gold. As they labored for me, so their children also labored and their children's children until great was the income from their combined efforts. "Gold increaseth rapidly when making reasonable earnings as thou wilt see from the following: A farmer, when his first son was born, took ten pieces of silver to a money lender and asked him to keep it on rental for his son until he became twenty years of age. This the money lender did, and agreed the rental should be one-fourth of its value each four years. The farmer asked, because this sum he had set aside as belonging to his son, that the rental be add to the principal. "When the boy had reached the age of twenty years, the farmer again went to the money lender to inquire about the silver. The money lender explained that because this sum had been increased by compound interest, the original ten pieces of silver had now grown to thirty and one-half pieces. 45
"The farmer was well pleased and because the son did not need the coins, he left them with the money lender. When the son became fifty years of age, the father meantime having passed to the other world, the money lender paid the son in settlement one hundred and sixty-seven pieces of silver. "Thus in fifty years had the investment multiplied itself at rental almost seventeen times. "This, then, is the third cure for a lean purse: to put each coin to laboring that it may reproduce its kind even as the flocks of the field and help bring to thee income, a stream of wealth that shall flow constantly into thy purse." THE FOURTH CURE Guard thy treasures from loss "Misfortune loves a shining mark. Gold in a man's purse must be guarded with firmness, else it be lost. Thus it is wise that we must first secure small amounts and learn to protect them before the Gods entrust us with larger." So spoke Arkad upon the fourth day to his class. "Every owner of gold is tempted by opportunities whereby it would seem that he could make large sums by its investment in most plausible projects. Often friends and relatives are eagerly entering such investment and urge him to follow. "The first sound principle of investment is security for thy principal. Is it wise to be intrigued by larger earnings when thy principal may be lost? I say not. The penalty of risk is probable loss. Study carefully, before parting with thy treasure, each assurance that it may be safely reclaimed. Be not misled by thine own romantic desires to make wealth 46
Page 1 and 2: The Richest Man in Babylon by Georg
Page 3 and 4: LO, MONEY IS PLENTIFUL FOR THOSE WH
Page 5 and 6: Foreword Our prosperity as a nation
Page 7 and 8: An Historical Sketch of Babylon In
Page 9 and 10: abandoned that no living person eve
Page 11 and 12: thousands of them. One of the outst
Page 13 and 14: impregnable walls. Advisors of Nabo
Page 15 and 16: each bearing a heavy goatskin of wa
Page 17 and 18: following in the footsteps of their
Page 19 and 20: onlookers might see him pay greetin
Page 21 and 22: The Richest Man in Babylon In old B
Page 23 and 24: there is delight for the senses and
Page 25 and 26: But remember this, the sun that shi
Page 27 and 28: managed to get along without it. Bu
Page 29 and 30: " 'Arkad,' he continued, 'you have
Page 31 and 32: great cities on barren coasts with
Page 33 and 34: lost nor entangled in investments t
Page 35 and 36: "Because they know how," replied th
Page 37 and 38: odor. "Behold the richest man in Ba
Page 39 and 40: Thereupon they agreed that it was s
Page 41 and 42: "Yet, thou do not all earn the same
Page 43: expenses that thou mayest have coin
Page 47 and 48: investments." THE FIFTH CURE Make
Page 49 and 50: from it unless the Gods call him pr
Page 51 and 52: "This, then, is the sixth cure for
Page 53 and 54: e purchased at lower prices. "Alway
Page 55 and 56: Meet the Goddess of Good Luck "If a
Page 57 and 58: eward with generous gifts those who
Page 59 and 60: occupations, there is opportunity t
Page 61 and 62: said, we take credit to our own ind
Page 63 and 64: chance that may lead to wealth. I b
Page 65 and 66: elate will tell truthfully how oppo
Page 67 and 68: "Wise are thy words, my friend," re
Page 69 and 70: sold at such a handsome profit. "We
Page 71 and 72: "Hark ye, with deep attention to th
Page 73 and 74: eturned to the house of his father
Page 75 and 76: " 'Soon there followed, I tell you,
Page 77 and 78: I have lost.' " 'Tis a worthy ambit
Page 79 and 80: not, as these three bags of gold do
Page 81 and 82: The Second Law of Gold Gold laboret
Page 83 and 84: gold? "If there be men among you, w
Page 85 and 86: "No, no. Not such as that. I seek n
Page 87 and 88: hot the day, or how tired my legs,
Page 89 and 90: "The safest loans, my token box tel
Page 91 and 92: "The women do appeal to my good fri
Page 93 and 94: "Thy sister is a sterling woman who
Page 95 and 96:
"Thinkest thou thy sister would wis
Page 97 and 98:
impractical men who think they see
Page 99 and 100:
Old Banzar had the vantage point fo
Page 101 and 102:
the slaughtered attackers piled up
Page 103 and 104:
The Camel Trader of Babylon The hun
Page 105 and 106:
and waving his hand good-naturedly
Page 107 and 108:
"The second time we were not so for
Page 109 and 110:
and my lord married me because of i
Page 111 and 112:
"I needed no further urging, but th
Page 113 and 114:
"The glazed eyes of my camels brigh
Page 115 and 116:
The Clay Tablets From Babylon P
Page 117 and 118:
say will lead any honorable man out
Page 119 and 120:
wealth elsewhere, only to find disa
Page 121 and 122:
More than eight pieces of silver we
Page 123 and 124:
that his scribbling upon those clay
Page 125 and 126:
managed and right cheerfully at tha
Page 127 and 128:
The Luckiest Man in Babylon At the
Page 129 and 130:
Three old men plowing a field caugh
Page 131 and 132:
"He was a man thou couldst trust wi
Page 133 and 134:
"He whispered back, 'I tell somethi
Page 135 and 136:
Godoso confided to me that the deal
Page 137 and 138:
egan to sell and soon my tray was e
Page 139 and 140:
"At that, he confided in me. Someth
Page 141 and 142:
Full of enthusiasm he greeted me: '
Page 143 and 144:
"I thought of Pirate with his bitte
Page 145 and 146:
secret key to the golden shekels?"
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