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The Secret of Monetary Velocity and How to Build Wealth with It
If there was one byproduct that the Top 1% possess because of their level of financial training, it would be what I’m going to talk to you about today.
I have been studying wealth since I was 18 years old and before I knew the Law of Wealth that I’m going to share with you, I had observed it in action.
Have you ever met someone who seems to take risks financially, be rather careless with their decision making, and act fast with the appearance of having not put much thought into things?
I noticed this with the wealthy.
The retail financial industry would tell us that they have a large appetite for risk, which may be true to some degree, but I believe this phenomenon is actually a byproduct of true financial training.
You see, when you are trained at the expert levels of an area, you don’t need as much time to think things over. I remember in my early 20’s I was speaking with a retired Army Ranger and he told me that in Ranger training, he was trained to the point of automated behavior. In a stressful situation he didn’t need to think anymore, he just acted. He didn’t “react”, he acted. He did the right thing in that moment to handle the exact situation without needing to think about what to do.