Who wants to be a millionaire

[andyfuller]

I just watched this program on Iplayer.

I think most of the people there do have something, they all have a bit of get up and go. They have all got off their backsides and gone to these courses whihc shows a small amount of what is needed to make a success of yourself. My view of the courses though is that they are waste of time but I won't labour on that point.

When they were saying I am £x million rich I wondered how rich actually are they. If they liquidated everything tomorrow could they actually go and spend £x million or would they have to give a large chunk of it back to the bank as that is where it is borrowed from. I really dislike it when people say they have bought their house when usually they haven't, they are just rented it from the bank.

I can see the young couple doing okay in the future, they seemed to have a bit more about them then the others, just a bit to young I think at the moment.

One thing that did worry me about them but more so about the others was that they love to go on these courses, study the books etc and think that is what will make them rich. It isn't they need to actually get their hands dirty. A bit like trading, you can read every book under the sun, you can read every article, you can watch every market, go on every course etc but what you really need to do is roll up your sleeves and actually get involved. Then you can start to apply what you have learnt.

Jeff/Peter, sure you caught it but Robert Peston's 2 part program; The Party's Over: How the west went bust fully backs up your views on the future and what we need to do:

http://www.bbc.co.uk/iplayer/search?q=T ... ent%20Bust

[andyfuller]

Most Gifted Personal Finance book: Rich Dad Poor Dad

Most Wished Personal Finance book: Rich Dad Poor Dad

2nd Best Selling Personal Finance book: Rich Dad Poor Dad

http://www.amazon.co.uk/Bestsellers-Boo ... g_bsnr_tab

At least someone is laughing all the way to the bank!