Rags to Riches

The Million Dollar Life

William M. Self, Sr.

 

 

 

True wealth can not be measured in a bubble

True wealth is measured with wisdom

And it increases in value as bubbles pop

 

Rags to Riches

2008 and the collapse of the U.S. market

 wiped out many Americans.

Many businesses and homes went into foreclosure.

We seem to get caught in bubbles.

The “dot.com” and the “housing”

 bubbles gave wealth to many.

It was a wonderful ride up,

then the bubble popped.

 

Many went from rags to riches

and back to rags again.

I have studied the financial markets and

been at the world money shows.

I have listened and talked to the financial gurus.

  

There will always be bears and always be bulls…

Arguing over the direction of the markets.

Both will be right and both will be wrong at times…

 

But neither side has all the answers.

 

 

Riches are uncertain.

The Bible tells us to be careful how we look at them…

 Because at a glance, riches can be gone.

There is some great advice Proverbs 23 gives us…

Don’t wear yourself out trying to get rich;

have the wisdom to show restraint”.

With wisdom, we will work

smarter not harder.

We will take time to smell the

flowers and enjoy the journey.

The destination, like the pot of gold

at the end of a rainbow, may not be

there or it may pop like a bubble.

But those who focus on gaining wisdom over

 riches will not be poor when the bubbles pop.

 Don’t spend your time staring at wealth…

Because at a glance it is gone.

Those who have wisdom always

 recover from popping bubbles.

And there are always flowers

on their journey of life.

Wisdom is the road to recovery.

And the journey is as sweet as the destination.

 

 Scripture Reading

Ephesians 1:18-19 NIV

I pray also that the eyes of your heart may be enlightened in order

 that you may know the hope to which he has called you,

the riches of his glorious inheritance in the saints,

 19 and his incomparably great power for us who believe.

Proverbs 23:4-5 NIV

 Do not wear yourself out to get rich;

have the wisdom to show restraint.

5 Cast but a glance at riches, and they are gone,

for they will surely sprout wings

and fly off to the sky like an eagle.

Psalm 1:1-3 NIV

1 Blessed is the man

who does not walk in the counsel of the wicked

or stand in the way of sinners

or sit in the seat of mockers.

2 But his delight is in the law of the Lord,

and on his law he meditates day and night.

3 He is like a tree planted by streams of water,

which yields its fruit in season

and whose leaf does not wither.

Whatever he does prospers.