Enlightened Work


Over the years, I have come to believe and realize, that in order to reap the tangible and invisible fruits of work, one must provide real value to others. Something he or she feels proud of. Something that coincides with the principles that person believes in, and knows to be true.

The rewards are numerous. Money and the riches are but one of them. How about “peace of mind”, “healthy self-esteem”, “an elevated sense of spiritual content”, “deep satisfaction”, and happiness, to name a few?

Yet, above all comes a unique connection with The One who Blesses us with the gift of work! The ability to go out in the world and create positive change, without expecting gratification from our fellow humans. Rather, we look up and say: “Thank You for making me a channel, through which You Provide some of Your Bounties!”

It is possible to make money in today’s world without offering any value in return. Moreover, it is possible to make a lot of money by spreading harm and misfortune.

By choosing to be an enlightened wealthy being. By choosing to create wealth and value, you benefit yourself, as well as all around  you.

What is real value? That is something you need to identify. It is not the same for everyone. A farmer provides value by producing quality food. A doctor by eliminating disease, and so on.

Find something you love to do. Check its validity against your principles. Learn all you can about it. Set an intention to excel at it, and then move into that direction with all your energy. That is success!

The Wealth Maker


The Art of Prediction


Investing is a business that relies heavily on objective knowledge, such as statistics, probability, math, historical data and trends, analysis, logical judgment, in addition to several other fields of factual knowledge.

Most investors, especially those who rely on technical analysis methods to reach buy and sell decisions, stop there. If their analysis suggested that a specific investment did not fit the mathematical model employed, they wouldn’t invest in it.

There is, however, a small camp of investors who use something else, in addition to all the above. That is intuition.

You may have come across the notion of the two hemispheres of the brain. The left hemisphere is specialized in logic, analysis, the outcome of the data feed that come from the five senses. The right hemisphere is intuitive, subjective, spontaneous  It is responsible for our emotions and spirituality.

People differ in terms of which part of the brain they use more often. Accountants, for example, are mostly left-brained. Poets, on the other hand, tend to be more right-brain oriented. A low percentage of any population can use both sides of the brain effectively. Those are hard to find. If you stumbled upon one of them, and were able to recognize the gift, I’d recommend you stick to them as long as possible!

To be a true enlightened investor, you should not ignore your right side of the brain. Although that is a gift, it could be improved with training and practice (to some extent).

So how would intuition help you make investment decisions?

Let’s tackle that tough, and interesting question in the next article.

Till then, why don’t you get more familiar with your brain/mind? Observe your daily life and see which part you utilize more. Here’s a little drill: The phone rang. It’s your best friend calling from the airport, telling you he’s in town for two days. You already had plans, yet, you’d like to see your friend and spend quality time with him. What would you do?


The Wealth Maker


Wealth Maintenance – Budgeting

The reason you need to know where the money comes from and where it goes to is to plan for the future. That is called budgeting.

In the last article, we touched on the practice of tracking the sources of your income. Similarly, keep track of your spending. This activity is so vital for budgeting. As you know the spending categories, the amounts, the patterns, you start drawing your budget’s draft.

You don’t have to do this with paper and pencil anymore. Invest in a good personal/small business accounting software. They have become so sophisticated and fun to play with.

I’ve had some experience with Quicken. The features are overwhelming: You can track your spending down to the penny, enter your financial institutions’s details, download your transactions from those institutions to the software (so you won’t need to manually enter each spending), create cash flow charts, and most importantly to our discussion here, create budgets!

As the software becomes familiar with your spending patterns, your income, and your liabilities, it helps you create a professional budget very quickly and effectively. Of course, you must be aware of what the software is doing, and guide the processes to your special preferences.

Quicken is not the only software out there. Microsoft has Money, and there are few others. Do not use a 2nd tear software for this task. It’s worth a $70 or so investment.

Once you have your budget in place, you can use it to guide your spending from now on. But what is a budget? That’s what we’ll talk about next time. One important tip before we wrap this up: Always prepare your budget, especially the personal one, with your significant-other. She or he must be involved to avoid conflicts down the road. But more importantly, sharing this is a sign of mutual respect, and hopefully, love 🙂

The Wealth Maker

True Wealth!

So far, we have focused on answering two main questions: “What” and “How”. What we want and how to achieve it. If you reviewed most of the articles, you would find a trace, or link, to either one of the two questions.

I feel it is the right time now to ask “Why?” We rather touched on that in the article titled “What is Wealth”. Today I would like to shed the light from a different viewpoint.

Let us assume that by following the concepts, recommendations, and practical methods spread throughout this blog, you have actually become financially abundant. Why did you want to be among the financially elite? Let me ask you the question differently: What is it that you wanted to do with all that wealth?

Wealth accumulation, for its own sake, is futile. There is an old saying that money is like manure; pile it up, and it would ruin the smell of the whole ranch. Spread it around, and you would get a fertile land.

I suggest that your initial intention should address this question. Elaborate on the dreams you would like to fulfill as you reach your financial intention.

A new house, a new car, kids’ education, money set aside for emergencies? Those are the typical candidates, and there is nothing wrong with working on achieving them.

Yet, there are things beyond the self and the close family. Contributions that stay behind when you leave!

Think about that for a moment, or more. How can you contribute to the education, health, and well-being of those in need around the globe?

In my opinion, the two worst enemies of humankind nowadays are ignorance and poverty.

Have a plan of regular contribution to fight those enemies, as much as you can.

You had a plan of saving 10% of your monthly income to create your wealth. Now is the time to adopt a similar plan of paying back, of spreading the benefits of your wealth.

That is the “Why” behind the “What” and the “How”. That is the “spirit” of wealth. Those who commit to such plans report an amazing observation! Every penny they give away to a noble cause comes back multiplied several times, and sometimes more, depending on the sincerity of the giver.

Make your contributions private, except before those who see you as a role model, especially your children. I promise you if you did, you would feel a sense of peace and satisfaction much deeper and richer than what you would feel if you publicize your charitable activities.

Congratulations on reaching this stage in your pursuit of ethical and worthwhile abundance. I am glad our journey together has come to such pleasant conclusion. It is an end of the articles, but not an end to your work on growing and maintaining your wealth on all dimensions. And to your contribution as a responsible wealthy being!

All the Best,

The Wealth Maker

The Velocity of Wealth Creation


What’s the difference between speed and velocity? Speed has only a magnitude, while velocity has a magnitude and a direction. In other words, it’s a “vector” physical/mathematical quantity.

What does velocity have to do with wealth? A lot!

Like it or not, time is an essential variable in the wealth equation. We’ve seen in several places how we could use time to our advantage, as intelligent investors. For example, once you find a “wonderful business”, you don’t pay the “sticker price”. You “wait” till the share price of that business drops low enough to give you a Margin Of Safety (MOS). Please review the first few articles.

The velocity of wealth is the pace and direction at which you move towards achieving your wealth objectives.

There are several factors that affect that pace. Your age, the stage of life you’re currently at (a student, an employee, a family man  a retired person, etc), the geopolitical environment you happen to be in, the influence of your family, friends, co-workers, your upbringing, the level of your self-esteem, the amount and quality of the financial knowledge you have.

At some stages, it’s wise to focus a considerable portion of your time and energy on wealth creation. This would give you the freedom to slow down at other stages, and focus on other priorities.

So your wealth creation velocity changes speed, and sometimes direction, as you move from one stage to another, or as you change any of the factors mentioned above (the list is not inclusive, you could come up with other factors relevant to you).

You could also derive from the above that your financial wealth creation, is but one of your priorities. Hence, it’s essential to have a vision of your life that encompasses all your priorities, values and roles. And a mission statement, which maps out the distribution of all of these elements across your life.

A question may arise here: Can one increase or decrease his/her wealth creation velocity, without negatively affecting other areas of their lives?

Yes they can, but not randomly or abruptly. For example, when your family responsibilities are at their minimum, you can dedicate yourself much more to wealth building (instead of wasting your resources on meaningless activities). This would pay dividends later on, when you don’t have the same amount of free time.

As a rule of thumb, the earlier you start the better. I know people who started investing in their teens. Don’t wait till before retirement to think about your financial future. It would be late, but not impossible. There are always ways to start all over again, and as the saying goes: It’s never too late!

The Wealth Maker


The Wealth Algorithm (6) – Partnerships


Since the beginning of this series, we’ve been on a journey. No hurry, no rush. It’s a journey of a lifetime. Most of us have spent their days under pressure, trying to do several things concurrently. It’s different here. When you come to this blog, I want you to set everything else aside. Read, focus, apply, enjoy the dream of eventually reaching abundance. Through these articles, your reading and application, together, we shall make that dream your reality!

Today, I’m going to talk about the second option of financing that dream, which is partnerships.

I had written an article titled “Investment Partnership (TM)“. It would be helpful to go back and have a look at it before you continue reading.

According to the online Merriam-Webster Dictionary (TM), a partnership is “a relationship resembling a legal partnership and usually involving close cooperation between parties having specified and joint rights and responsibilities”

The keywords in that definition are: Relationship, legal, cooperation, parties, specified rights and responsibilities.

How does that relate to our discussion?

Your intention is to reach a certain sum of money by a certain date. In order to do that, you need a capital to grow. Obtaining that capital requires some sort of financing. An investment partnership (TM), is the option we decided to pursue to secure that financing.

As I mentioned in the article referred to above, this partnership takes place between two parties: One party provides the capital, the second party provides the time, energy and expertise to grow that capital, over a specified period of time. The two partners are equal. They share profit and loss on a 50/50 basis.

The partnership agreement “specifies” the details of the “relationship”: The legal aspects, the type of cooperation, the involved parties, and the rights and responsibilities of each party. It also specifies the capital, the timeframe, and the way any outcome shall be shared between the parties.

From your perspective, here is what you need to do:

  1. Prepare a convincing business plan, that outlines your strategy of how you intend to grow the capital
  2. Find an interested party, who has that capital, and who is willing to consider a partnership with you
  3. Present your plan, and hopefully, win the approval of your potential partner
  4. Work with your new partner on the partnership agreement
  5. Get the funds and start working!

In the next article, I’ll shed more light on each of the above steps. Please spend some time on this post, and let me know if you have any questions or comments.

The Wealth Maker


The Wealth Algorithm (4)


Please read the last four articles, if you haven’t already.

We now have the start and end points of our journey defined. That is a clear, believable intention, and the current networth.

What’s left is the process to go from the start line, to the end point.

Why is it important to define these two points? The answer is very simple: Imagine going online to book a plane ticket. What are the first two questions you have to answer? Leaving from? And going to? Right? You can’t make a reservation without knowing your source and destination points.

Same here. Actually, this is the first lesson in Success 101!

They say: To make money you’ve got to have money. Is that always true? Can you start your financial wealth building journey with zero-out-of-pocket investment?

Well, you could, but it would take much longer, which means you must start off at a much younger age, say at 10 years old!

Are you 10 years old now? I guess not. Then let’s focus on the other route, which is financing.

How can you finance your dream? A big question, eh..?

Unfortunately, it’s not enough, most of the time, to have only the start and end points well-defined, in order to obtain the financing you need. A third critical component is required, and that is your plan. In professional terms: Your business plan.

So let’s talk about that in the next post.

Between now and then, write your intention statement on one side of an empty page, and your networth on the opposite side. Read them to yourself, then start exploring ways to move from the left to the right of the page…

All the best,

The Wealth Maker


The Wealth Algorithm (3)


Please read the last three articles, if you haven’t already.

We now have a clear intention. So we should be ready to go to work, right? Not quite yet. I want you to read your “own” intention, and notice what you “feel” as you read it. Your first impressions. Don’t think! Just allow yourself to “notice” or “observe” your internal “echo” to the intention.

If you observe any resistance, any disbelief, you should work on that first. Inner barriers are the ones you must deal with. Outer barriers fade away as soon as you become completely clear within.

How would you do that? The best method I’m aware of for “emotional releasing” is called The Sedona Method (TM). Please visit http://www.sedona.com, and explore some of the principles and processes of “Letting Go”.

Once you feel ready, once there is no more resistance to the intention, you may move towards fulfilling it. But always keep your intention statement vivid in your mind and heart. It’s your guide throughout your journey.

The first logical step after that is to know where you stand right now, relative to your intention. Do some inventory of your financial “health”, and come up with your “net-worth”.

A net-worth is calculated by adding up all your “assets”, then subtracting from the result the summation of all your “liabilities”.

Let’s have an example. Say you have 10K cash in your bank account, a car that is worth 8K, a stock portfolio that can be sold for 15K today, and an equity of 30K in your house. Then on the other side of the equation: You still have a mortgage of 100K to pay, and a 5K loan to one of your friends.

Your net-worth is: 10 + 8 + 15 +30 – 100 – 5 = -42K

Your networth is negative, which means you should add that negative number to the amount in your intention statement. If your intention was to make one million, considering your networth, it would become $1,042,000.00

Knowing your current net-worth helps you have an even clearer start. Your target is very well-defined now. It’s time to go to work.

Does that mean what we have done so far was not “work”? It absolutely was! In some sense, it’s the most important part of the algorithm. What follows is mainly “physical” and “mental” work. We’ve set the spiritual and emotional foundations, upon which, the remainder of the “work” shall rely!

The Wealth Maker

The Wealth Algorithm (2)



Hopefully you had a chance to “decide” what “you” really want. Let’s explore that a bit further.

If the main target was financial wealth, financial freedom, financial security, financial independence, or financial abundance, then we would need to make that crisp and clear to the subconscious. Why the subconscious? Because it’s the part of our minds that gets the work done. No matter how convinced we were at the conscious level, unless that conviction trickled down to the subconscious, to the engine that makes things happen, we would stop at that; a mere verbage!

Words have tremendous effect on our minds. Let me give you an example. Suppose you’re thinking about buying a new phone. Which statement has a better chance of getting done: “I’m not quite sure which phone I “might” buy “,  or “I intend to buy an Android (or I-Phone) N.x smart phone, next Saturday”?

I guess the point is now clear. Let’s use that in setting an objective. We already know the “What”. Now we will write that which we “want” in a language that gets the subconscious cranking! Here it is:

“I intend, and allow myself, to make (specify amount) dollars by the end of (specify year), or before”.

Notice that we did not say anything about the “How”. Never include that in your intentions. You shall figure that out as you start moving in “the general direction” of your intention. You want your intentions to be specific, and at the same time, flexible enough to grab better opportunities along the way.

I’m going to leave you with this statement till the next post. Once you reach a phrase that is believable to you, stick with it, write it down where you can see it at least once a day. Read it loudly to yourself. Feel the emotion and excitement behind every word. But don’t stop at that! Go to work on your intention. Your task would be more enjoyable and easier now that you “know” what you “want”.

Another observation is that we didn’t use the word “want”. Wanting implies a strong desire, which is a sign of weakness. It usually leads to moving targets. Since you “want” to be wealthy, you will stay in that state of wanting, as the target is pushed farther.

On the other hand, intentions are affirmative. They reveal confidence and belief. When an intention reaches the level of “knowing”, without any shred of doubt, it gets manifested for sure, one way or another. We’re not counting on miracles here, but rather, on the effective alignment of inner and outer forces.

The intention alone won’t make you a fortune. However, it sets the stage for you to start off your journey on the right footing, and that is exactly what you need!

The Wealth Maker

The Wealth Algorithm (1)


In the last article, I introduced a broad definition of wealth, which covers all aspects of one’s life: The spiritual, the intellectual, the emotional, the social, the financial and the physical. To be truly wealthy, one should attend to all these dimensions, with balance.

This does not call for continuous attention to all at the same time. That would be impossible. One area might demand more work than the rest, for a certain period of time, or under specific circumstances. But the aim is to cover them all, and give each one what it needs, at the right time, and in the right amount. So that we can say with confidence: Our life is wealthy, on all dimensions.

Is that easy? Not at all! Is it impossible. No, it’s possible and attainable, but it takes vision, it takes planning, and it takes enlightened action, not reaction..

Let’s now go back to financial wealth. I imagined someone came up and said: OK, I agree with you, I’ve read all your articles, but now I feel lost! I don’t know where to start. Give me a simple, step-by-step prescription. I want to be financially wealthy, that’s all I know!

Starting from this article, I’ll be answering that question, simplifying the subject as much as possible, focusing more on application; on the translation of the so many concepts mentioned so far into our daily life.

I always like to start with this question: What is it that you really want? If I woke you up at 3:00 AM tonight, and asked you this question, would you be able to answer right off the bat?

We all want to be financially wealthy, but is that the right answer? Had it been so, most of us would have become rich already. Simply because, asking the right question, makes you search for the right answer, and most probably implement that answer. So the problem starts from the question and the answer.

Between now and the next article, I want you to ask yourself this question: “What do I really want?”. Be as specific as possible. Avoid any wishing or hoping. Never use “should”, “would”, “might”, “but”, “can’t”. In other words, don’t implant barriers before you even start. Make your answer a simple present tense statement, as if that which you want is already here and now! We will devise a certain way to formulate that answer; using the right words, in the right sequence. But why don’t you give it a shot first…


All the best,


The Wealth Maker