Creating Wealth Real Estate Investing with Jason Hartman 1940: Thou Shall Prosper, Ten Commandments For Making Money by Rabbi Daniel Lapin
In Thou Shall Prosper: Ten Commandments for Making Money, Rabbi Daniel Lapin offers a practical approach to creating wealth based on established principles of ancient Jewish wisdom. A renowned business consultant and Biblical scholar, Rabbi Daniel Lapin uncovers a mother lode of motivational inspiration and practical guidance that will increase your potential for creating wealth, no matter what your faith or background may be. No wonder Dave Ramsey cites this as one of his top 10 business books of all time.
The book details ten permanent principles that never change, the ten commandments of making money if you will, and explores the economic and philosophic vision of business that has been part of Jewish culture for centuries. By blending contemporary business stories and his own business experiences with the wisdom of the Torah, Talmud, and examples from the Zohar, (the Jewish book of Kabalah or mysticism), Rabbi Daniel Lapin explains the essence of each commandment and shows you how to use this knowledge to prosper financially.
But before that, listen in as Jason talks about changing mental attitudes towards money as we go through inflation. And take a peak into the future as he gives a glimpse about labor shortages and automation!
Plus, check your email because we will be sending invites to a Zoom meeting with Rich Dad Tax Expert Tom Wheelwright on January 3, 3023! Remember, the single largest expense in our lives, is tax. So we've got to be prudent at knowing how to reduce our tax liability.
And get your tickets NOW to the EMPOWERED INVESTOR LIVE conference this January! Jason has lined up a lot of great speakers that will guide you on the road to true financial freedom. And get to meet our local market specialists, property managers, lenders, 1031 tax-deferred exchange experts and other investors as well! And make sure to work on your air guitar skills for the contest because we will have some good prizes for you!
Key Takeaways:
Jason's editorial
2:17 Introducing Rabbi Lapin
3:05 The changing value of money requires mental mental adjustments
6:07 Predicting the future- labor shortage, automation at the EMPOWERED INVESTOR LIVE conference in January
6:52 An anecdote from Charlie Sheen's Wall Street movie
8:32 Case-Shiller: National house price index "continued to decline"
12:52 Get your tickets to the EMPOWERED INVESTOR LIVE happening on January!
Rabbi Daniel Lapin interview
17:02 People's conflict with money
20:14 The morality or immorality of money
22:49 Transaction between consenting adults
26:13 Money is a spiritual commodity
28:08 Winner take all society- a breakdown in the system?
31:11 The use and spending of money
32:34 What about taxation
34:05 Fair tax rate versus smart tax rate
36:52 A new wave of feminism and the three new theologies
41:41 The infinite malleability of human nature
44:43 Econ 101: prosperity is linked to prosperity
47:29 Betting on the future
Quotables:
"You can choose freedom or equality but you cannot have both." - Rabbi Daniel Lapin
"Realize that you have no right whatsoever to anybody else's money, and nobody has any right to yours." - Rabbi Daniel Lapin
Mentioned:
Powershift: Knowledge, Wealth and Violence at the Edge of the 21st Century by Alvin Toffler
The Winner-Take-All Society: Why the Few at the Top Get So Much More Than the Rest of Us by Robert H. Frank and Philip J. Cook
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