May 27th 10pm Newsletter

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Informative Post From Our Archives

Strategic Exchange Approach by Miracle Man 
I’m certain many people will be giving you advice during this process, and although I have 17 years of experience as an investor, a former lottery winner, and a former lottery loser, I am not a financial adviser.

All of my plans are intended to give you a different perspective-in other words I understand what it’s like to be suddenly wealthy and have no idea how to manage it, prioritize it, or grow it.  

With that in mind, I want to help you avoid some of the pitfalls I've run into with the hope that you do not have to make the same mistakes. 

My experiences have given me a unique perspective and understanding. This is MY plan and it is not intended to offer you a path to success, and does not include any promises.

Here’s How Much Money You Need for Bankers to Think You’re Rich
By Suzanne Woolley

May 23, 2018, 5:00 AM EDT
Just how rich is “rich?”

In an era of hyper-wealth, economy-class rich starts at $25 million.
The answer, of course, depends on who’s asking—and these days, many are.
In rich-tropolises such as New York and London, 1 percenters moan that living on $500,000 a year feels Dickensian. With a pot of $40 million—and private schools, a Hamptons retreat, a horse and a charity to feed—a hedge funder on the Showtime drama “Billions” exclaims: “*****! I’m broke!”
Here, then, is a real answer, courtesy of the hush-hush world of private banking: $25 million.

Never Mind the Millionaires  Here’s Advice From Billionaires
​By Barry Ritholtz

The richest offer life lessons about how they got where they are.
Last month, I described an email that promised vast riches if I would adopt “The Millionaire Mindset.”
This is the sort of silly wishful thinking I hate:
Consider, instead, the Cartesian pitch as applied to self-help being sold today: Just think it and it will happen. This stuff, along with crystals and horoscopes, joins a long list of things that have never been proven to have much value beyond a placebo effect.


Samson: Sistani Refinery Office announces the amount of Zakat al - Fitr

26th May, 2019

The Office of the Supreme Religious Reference, Ali al-Sistani in Najaf, the amount of Zakat Al-Fitr for the current year. 

The Office of the Supreme Reference determined the amount of zakaah on instinct at 1500 dinars per person instead of flour.       LINK

MilitiaMan:  Wow, at 1190 that is a whopping $1.26.. lol ~ MM