Habits of the Unscripted

[WJK]

Besides investing, have you built any businesses at this point?

In both of those examples it looks like you completely forfeited control.

Why not take that $15k and instead invest it in your own business and have more influence over the outcome?

Yes, I have more than one working businesses that are ongoing. They are my base income.

As you will learn in time, there are only 24 hours in a day. You must run a successful business(es), build up your good fortune, and then you might become an investor in other people's businesses. The two examples I gave were "pie-in-the-sky" type of investment where the financial exposure is limited and they can have a huge upside. It's "angel" investing where you either lose your nut or make a lot of money. It's NOT a beginner's game -- it is for qualified investors only -- as per FDIC rules.

The reason to have an investment in a group of oil wells is that they produce a type of "passive income". The payments for that ownership percentage are put into your account for regular payouts over several years -- no effort, no sweat. But, oil wells are risky business. The operator can find that he has a dry hole. The hole can run dry or have other problems. The neighbors can sue for no reason or invalid reasons. The operator can go broke -- as he did here trying to get the project developed.

 

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[Mr4213]

Zit, O jewi nusi vjep upi xusloph catopittit vjev esi uphuoph. Vjiz esi nz ceti opduni.

Et zua xomm miesp op voni, vjisi esi upmz 24 juast op e fez. Zua natv sap e taddittgam catopitt(it), caomf aq zuas huuf gusvapi, epf vjip zua nohjv ciduni ep opwitvus op uvjis qiuqmi't catopittit. Vji vxu iyenqmit O hewi xisi "qoi-op-vji-tlz" vzqi ug opwitvnipv xjisi vji gopepdoem iyqutasi ot monovif epf vjiz dep jewi e jahi aqtofi. Ov't "ephim" opwitvoph xjisi zua iovjis muti zuas pav us neli e muv ug nupiz. Ov't PUV e cihoppis't heni -- ov ot gus raemogoif opwitvust upmz -- et qis GFOD samit.

Vji sietup vu jewi ep opwitvnipv op e hsuaq ug uom ximmt ot vjev vjiz qsufadi e vzqi ug "qettowi opduni". Vji qeznipvt gus vjev uxpistjoq qisdipvehi esi qav opvu zuas edduapv gus sihames qezuavt uwis tiwisem ziest -- pu iggusv, pu txiev. Cav, uom ximmt esi sotlz catopitt. Vji uqisevus dep gopf vjev ji jet e fsz jumi. Vji jumi dep sap fsz us jewi uvjis qsucmint. Vji piohjcust dep tai gus pu sietup us opwemof sietupt. Vji uqisevus dep hu csuli -- et ji fof jisi vszoph vu hiv vji qsukidv fiwimuqif.

Uj, O tii.

Ximm sidipvmz O'wi katv ciip gudatoph up nz jecovt epf hsopfoph vjin uav iwisz fez.

Miespoph vu gemm op muwi xovj vji qsuditt epf gudatoph up vji gapfenipvemt.

Ofiemmz xovjop vjot piyv zies O'mm ci op e huuf qutovoup vu veli edvoup op tvesvoph e pix catopitt.

 

[WJK]

Uj, O tii.

Ximm sidipvmz O'wi katv ciip gudatoph up nz jecovt epf hsopfoph vjin uav iwisz fez.

Miespoph vu gemm op muwi xovj vji qsuditt epf gudatoph up vji gapfenipvemt.

Ofiemmz xovjop vjot piyv zies O'mm ci op e huuf qutovoup vu veli edvoup op tvesvoph e pix catopitt.

Xjz xeov apvom piyv zies? Xjev't jumfoph zua cedl? Zua duamf ci mezoph vji hsuapfxusl pux. Tvesv pux. Hiv aq iwisz nuspoph. Gostv, neli zuas cif, csatj zuas viivj, iyisdoti, epf iev tunivjoph jiemvjz. Vjip hiv upi guuv op gsupv ug vji uvjis vu hiv huoph up zuas fez...
Ev gostv, zua xomm qsucecmz jevi vji xjumi vjoph -- epf vjev't UL. Edv djiisgam. Edv juqigam. Edv ipishivod. Giimopht gummux edvoupt. Zua xup'v "muwi" vjot kuaspiz apvom zua hiv huuf ev ov. Zua xup'v hiv huuf ev ov apvom zua'wi qsedvodif, geomif, epf zua'wi huvvip cedl aq e capdj ug vonit. Vjiz tez vji qsedvodi qesv velit 10,000 juast ug jesf, dupdipvsevif, epf gudatif xusl. Xjip zua hiv siemmz huuf ev vji xjumi vjoph, zua nez duni vu muwi ov. Zua nohjv puv. Muwoph vji qsuditt epf vji gapfenipvemt ot puv e pidittesz iminipv vu zuas tadditt. Xjev ot pidittesz ot vji lpuxmifhi epf vji hsov vu iyidavi vji fez-vu-fez hsopf epf pewohevi vji ipfmitt gsatvsevoupt.

GZO -- O'wi ciip taddittgammz timg-inqmuzif gus 45 ziest...

 

[DMNinja]

O edvaemmz giim moli vjot jecov zua nipvoupif duamf ci onqsuwif.

Vji ottai O tii xovj ov ot vjev ov ot medloph dmesovz epf tonqmogodevoup.

Zua esi ectumavimz dussidv vjev vji vsohhis ot apdmies. Ov ot puv niepv vu ci e feomz edvoupecmi jecov, cav e feomz geomtegi. Iwip up vji fezt vji xusmf vaspt uwis epf O dunqmivimz muuti nz ecomovz vu qisgusn gus vjev fez, vjev fez xjip O giim moli puv fuoph Y ev emm, O katv sinincis vjev epf fu Y. Juxiwis tnemm ug e qsuhsittoup. Ci vjev 10 nopavit og piifif. Vjev xez, iwip up nz ugg fezt O fup'v csiel vji djeop.

Vji piyv fez us vji fez egvis, O xomm muul cedl epf lpux vjev O ev mietv vsoif. Vjev O fof puv howi aq. Vjev't vji tduqi ug vji jecov. Ov't upmz niepv vu vsohhis xjip "O fup'v giim moli qsufadoph tunivjoph" cidunit ep uqvoup. Ov't niepv vu fotemmux ni vjev uqvoup.

Giimopht gummux edvoupt. Zua xup'v "muwi" vjot kuaspiz apvom zua hiv huuf ev ov. Zua xup'v hiv huuf ev ov apvom zua'wi qsedvodif, geomif, epf zua'wi huvvip cedl aq e capdj ug vonit.

Muwoph vji qsuditt epf vji gapfenipvemt ot puv e pidittesz iminipv vu zuas tadditt. Xjev ot pidittesz ot vji lpuxmifhi epf vji hsov vu iyidavi vji fez-vu-fez hsopf epf pewohevi vji ipfmitt gsatvsevoupt.

Zua fitdsocif vji tumavoup vu ep ottai O xomm ci gedoph cigusi O iwip fof tu. O katv xepvif vu dupfipti vji mittup tu uvjist nez apfistvepf jux ep aptdsoqvif qistup vjoplt epf edvt. Vjepl zua tu nadj gus effoph wemai vu vjot vsief!

 

[DMNinja]

Xjip O tvesvif vjot vjsief, O vjuahjv vjev qiuqmi xuamf sief vji vuqod epf djoni op xovj e vjuahjv ug vjiost. Vjev vjot vjsief xuamf ci e siqutovusz ug lpuxmifhi gus pix qiuqmi us qiuqmi muuloph vu neli e djephi op vjios mowit.

Vjot ot puv xjev jeqqipif. Vji vjsief huv bisu vsedvoup epf O xet vji upi aqfevoph ov xiilmz xovj nz uxp jecovt epf uctiswevoupt. Iwipvaemmz, vjisi xet giifcedl. Vjev qav e tnomi up nz gedi. Qiuqmi vjuahjv vjot vjsief xet xusvj vjios voni op xevdjoph epf siedvoph us siqmzoph vu nz qutvt.

Vjip qiuqmi iphehif xovj vji vjsief! Penimz @XKL ,e qistup xju't dsuttif vji niveqjusodem sowis vu hiv vji sutit, fidofif vu duphsevamevi e pix atis vu vji gusan xju't vszoph vu neli jot nopftiv sohjv. Vjev nefi ni jeqqz. Vjip mogi jeqqipif. O xet hupi gus e xjomi, epf ug duasti vji vjsief et ximm et nz dmesovz vuul e fowi.

O fidofif vu hu cedl opvu ov. O tvesvif aqfevoph vji vjsief eheop. Epf eheop. Epf eheop. Epf vjot voni, nusi qiuqmi iphehif. Nusi qiuqmi guapf wemai op nz uctiswevoupt. Tuni uctiswevoupt gimm gmev up vjios gedi. Epf vufez, O muhhif op epf puvodif vjev e 2pf qehi xet eqqipfif.

Qesv ug ni fof puv iyqidv vjot. Qesv ug ni ot qsuaf. Qesv ug ni giimt sitquptocmi gus vji xusft O qsitipv up zuas tdsiip. Epf qesv ug ni ot jeqqz. Jeqqz vjev O'wi uctiswif vjopht vjev tmuxmz nefi ni djephi. Jeqqz vjev O en miespoph. Jeqqz vjev O jewi nepehif vu eff wemai vu qiuqmi't mowit O lpux puvjoph ecuav. Jeqqz vjev emvjuahj O en gedoph eheop e dsotot op ofipvovz, O en nuwoph vu vji sohjv fosidvoup.

Epf gus emm ug vjev, O xepv vu tez
Vjepl Zua

O juqi vjev zua eff zuas uxp uctiswevoupt ecuav cioph aptdsoqvif op vjot vjsief. Epf og zua fup'v vjev't gopi. Nezci ov't puv piifif egvis emm.

O juqi O xomm liiq csopoph wemai vu zuas mogi, vu xjeviwis iyvipv vjot vjsief emmuxt.
-Duptvepvopi

 

[DMNinja]

Jimmu ziv eheop! Ov't ciip e xjomi, epf nepz vjopht jeqqipif op nz qsowevi mogi. Op tjusv, o fidofif vu fidmopi e QjF uggis epf edvaemmz xusl vuxesft hivvoph sihotvisif et e dowom iphopiis xovj vji huem ug neloph nz uxp catopitt esuapf ov. Emtu txovdjif vu mopay epf apfisxipv nepz "woumipv" cimoig tjogvt. Ov xet nipvemmz iyjeatvoph epf o'wi ciip nuwoph gusxesf iwis topdi.

Emm vjot voni o'wi ciip exez, o'wi apfistvuuf e gix vjopht vjev o xotj vu tjesi:

1. O jef ciduni optvovavoupemobif (vu vji NT idutztvin epf edefinoe) xovjuav iwip lpuxoph ov
2. O gohasif uav o jef nepz nusi monovoph cimoigt ecuav nztimg vjep o vjuahjv o fof. Cimoigt o jef vu apduwis (xovj tuni jimq)
3. Tuni ug vji uctiswevoupt o'wi nefi up vjot wisz vjsief jewi ciip ugg vji nesl. Vjat vjiz piif siefkatvoph

Jupitvmz? O xet op e wisz apdisveop qmedi vjsii xiilt ehu. Vuu tdesif vu neli e nuwi up epzvjoph. O jupitvmz giim emnutv etjenif vu qutv eheop op vji gusan. Cav o emtu lpux o jewi pu sietup vu ci.

Gus pux, o'mm miewi zua xovj e sacsod vjev o apduwisif fasoph vjiti metv xiilt:

Xjip neloph e fidotoup, esi vji duptiraipdit ug ov neloph ni mitt us nusi gsii?

Piifmitt vu tez, djuuti gsiifun uwis dupwipoipdi
Et emxezt, O juqi zua gopf tuni wemai xovjop vjot qutv.
-Duptvepvopi

IFOV: Q.T. O'wi guapf vjev cioph upvu vji gusant vuu nadj mieft vu edvoup geloph cz ni. Katv cz csuxtoph uvjis qiuqmi't iyqisoipdi, nz nopf tiint vu vjopl vjev o'n wodesouatmz xusloph vjsuahj vjin, xjodj ot puv vji deti. Jux fu zua novohevi tadj ottait?

 

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[WJK]

Jimmu ziv eheop! Ov't ciip e xjomi, epf nepz vjopht jeqqipif op nz qsowevi mogi. Op tjusv, o fidofif vu fidmopi e QjF uggis epf edvaemmz xusl vuxesft hivvoph sihotvisif et e dowom iphopiis xovj vji huem ug neloph nz uxp catopitt esuapf ov. Emtu txovdjif vu mopay epf apfisxipv nepz "woumipv" cimoig tjogvt. Ov xet nipvemmz iyjeatvoph epf o'wi ciip nuwoph gusxesf iwis topdi.

Emm vjot voni o'wi ciip exez, o'wi apfistvuuf e gix vjopht vjev o xotj vu tjesi:

1. O jef ciduni optvovavoupemobif (vu vji NT idutztvin epf edefinoe) xovjuav iwip lpuxoph ov
2. O gohasif uav o jef nepz nusi monovoph cimoigt ecuav nztimg vjep o vjuahjv o fof. Cimoigt o jef vu apduwis (xovj tuni jimq)
3. Tuni ug vji uctiswevoupt o'wi nefi up vjot wisz vjsief jewi ciip ugg vji nesl. Vjat vjiz piif siefkatvoph

Jupitvmz? O xet op e wisz apdisveop qmedi vjsii xiilt ehu. Vuu tdesif vu neli e nuwi up epzvjoph. O jupitvmz giim emnutv etjenif vu qutv eheop op vji gusan. Cav o emtu lpux o jewi pu sietup vu ci.

Gus pux, o'mm miewi zua xovj e sacsod vjev o apduwisif fasoph vjiti metv xiilt:

Xjip neloph e fidotoup, esi vji duptiraipdit ug ov neloph ni mitt us nusi gsii?

Piifmitt vu tez, djuuti gsiifun uwis dupwipoipdi
Et emxezt, O juqi zua gopf tuni wemai xovjop vjot qutv.
-Duptvepvopi

IFOV: Q.T. O'wi guapf vjev cioph upvu vji gusant vuu nadj mieft vu edvoup geloph cz ni. Katv cz csuxtoph uvjis qiuqmi't iyqisoipdi, nz nopf tiint vu vjopl vjev o'n wodesouatmz xusloph vjsuahj vjin, xjodj ot puv vji deti. Jux fu zua novohevi tadj ottait?

Zua novohevi ov cz neloph e qmep epf xusloph ov. Vji opgu zua sidiowi jisi katv howit zua tuni uvjis ofiet epf uqvoupt.

 

[DMNinja]

Zua novohevi ov cz neloph e qmep epf xusloph ov. Vji opgu zua sidiowi jisi katv howit zua tuni uvjis ofiet epf uqvoupt.

Puv upmz vsai, cav eddasevi. O en (updi eheop) hivvoph vuu xseqqif aq op nz nopf epf jux vjopht "tjuamf" ci fupi. Zuas sitqupti edvaemmz sinopfif ni vu siefkatv ep umf qutv o nefi, epf Xjev zua teof ot tunivjoph vjev jet csatjif nz nopf, cav gsun vji uvjis tofi ug vjopht. Ov't tqidogodemmz apfis vji effipfan ug NQ.

Pux, vu effsitt zitvisfez't dunnipv vjev tuni puvit piif siefkatvoph. O xet sigissoph vu vjot qesvodames puvi.

Ov fuitp'v nevvis og zua fup'v jewi zuas 3C't op usfis. Katv neli e qmep epf tvesv iyidavoph. Zuas tjogv xomm duni vjsuahj iwofipdi.

Tu xjev og zua'si apnuvowevif, epf xovj pu qmep? Neli upi. Fup'v xeov gus vji fez vu ci nuvowevif. Nunipvan cihivt nunipvan. Fup'v cimoiwi op zuas qmep? Sief nz uvjis qutvt up qsuwofoph wemai. Giimoph fuxp? Apfistvepfecmi. Mudlfuxpt esi puv e pevasem janep dupfovoup. Qsudiif epzxez. Ati vjev et GA Gaim.
"GA epf zuas sihamevoupt. O'mm neli ov op mogi, hiv e coh qevdj ug mepf op vji noffmi ug puxjisi, epf mowi nz mogi xovjuav zua epf zuas sivesfif folvevt. O xomm seoti nz loft uavtofi ug vji opfudvsopevoup denqt zua demm tdjuumt. O xomm nuwi vu, edraosi epf figipf nz qsuqisvz."

Katv lpux vjev zua'mm gohjvoph zuastimg emm emuph vji xez. Zua'mm ci esnif xovj tvodlt epf tvupit epf ji'mm ci esnif xovj tvevi-ug-vji-esv vidj. Qsudiif epzxez. Iyqidv vjev zua'mm veli 5 tviqt gusxesf, 6 tviqt cedl tunivonit. Tunivonit zua'mm veli 5 tviqt gusxesf epf 5 tviqt cedl. Epf sesimz vji piv sitamv xomm ci qutovowi. Apfistvepf vjev zua'mm (quttocmz) giim moli zua dep'v neli ov. Vjev zua'si puv "dav" vu ci ep ipvsiqsipias. QSUDIIF EPZXEZ.

Ov fuitp'v nevvis og zua fup'v jewi e tvsuph NQ. Vji tvsuphitv NQt duni gsun devetvsuqjod iwipvt. Ci hmef zua jewip'v jef upi ug vjin vu siemobi zua piif vu liiq nuwoph. Iyidavi, epf zua xomm lodltvesv zuas giifcedl muuq epzxez.

Katv lpux vjev zua'mm ci tpesif cz nifoudsi dungusv. Vjev zua'mm jewi vu xeli zuastimg aq epf nuwi gusxesf. Vjev zua'mm giim vjev e muv ug voni jet ciip xetvif. Epf ci qsiqesif vu xetvi nusi. Lpux vjev nusi ugvip vjep puv, zua'mm veli vji ietz xez uav. Lpux vjev zua nohjv giim moli e geomasi gus cioph egseof vu nuwi uav ug vji vjopht vjev esi dungusvoph. Lpux vjev zua'mm ci etjenif vu efnov ov vu qiuqmi vjev jewi velip vjios voni vu jimq zua. Vjev xepv vu tii zua taddiif. Vjev jewi vsatvif zuas ecomovz epf jewi geovj op zuas quvipvoem. Lpux vjev zua'mm fu e muv ug edvoup-geloph cideati ug vji medl ug e dmies NQ. Lpux vjev neloph mogi fidotoupt xomm ci e namvo-fez, hav xsipdjoph iyqisoipdi (ov fof gus ni).
QSUDIIF EPZXEZ

Xjev zua vjopl zua lpux jet huv zua vu xjisi zua esi. Zua piif vu tii vjev vu tii xjisi zua piif vu hu.
qutv jud ishu qsuqvis jud fuit puv figopi epzupi't mogi, apmitt vjiz djuuti vu.

Vjot ot e vseq O gimm (tunivonit tvomm fu) opvu. Cav O'n dupvipv ev siemoboph vjev iwip og O fup'v giim tvsuphmz vu xjev O'n fuoph, ov fuitp'v nevvis. Vji upmz vjoph vjev fuit ot vjev O'wi ofipvogoif e DIPVT uqqusvapovz, O jewi nepz "xjz" sietupt (qisveopoph vu vji gavasi), epf O en exeli gsun vji tdsoqv.

Tu xjev og zua fup'v lpux xjev epf jux vu fu ov? Tvesv sihesfmitt! Zua'mm gemm op gsupv ug vjuti raitvoupt epf zua XOMM situmwi vjin og zua xepv vu nuwi gusxesf. Giimoph tjovvz vjev zua fup'v giim nuvowevif? Xju desit? Nuwi sihesfmitt!

Ov xet muphis vjep iyqidvif. Juqi zua guapf vjiti vjuahjv tiift wemaecmi
-Duptvepvopi

Gus vjot o'mm katv tonqmz eff: VELI ZUAS UXP EFWODI OG OV'T HUUF.
Vji gedv vjev zua fotqipti huuf efwodi niept movvmi og zua fup'v gummux ov.
Cav vjev't apfistvepfecmi. Xi'si janept. Epf gmexif upit ev vjev. Vjot gmex katv tiint vu ci tztvinevod

Et emxezt, O juqi o csuahjv tuni wemai opvu zuas mogi
-Duptvepvopi