The 5 Laws of Gold

From "The Richest Man in Babylon" by George S. Clason

George S. Clason is a genius. His work” The Richest Man in Babylon” is the must read for anybody who wants to get started in getting out of the rat race and into the fast track. I bought myself a copy Last year, May 23 2006, and I’ve been applying his principles ever since. I can’t even begin to describe the drastic changes that occurred in my financial situation since I read “The Richest Man in Babylon”. What makes the “Richest Man in Babylon” stand out among other Personal Finance books is the fact that Clason disguised his Financial principles in the form of Parables. The he chose ancient Babylon as his setting which is perfect because the rules that govern our money today was established in the City of Babylon centuries ago. Since the rules of money then are the same as the rules that govern our money now, all we have to do is to follow the basic principles of wealth building so we can all become financially free.


I have summarized a portion of the Richest Man in Babylon in this post. I hope this will encourage you to seek this extraordinary piece of work so that it will provide you with the astounding benefits that I currently enjoy.



THE FIVE LAWS OF GOLD
(taken from “The Richest Man in Babylon” by George S. Clason)


1. Gold cometh gladly and increasing quantity to any man who will put not less than one-tenth of his earnings to create an estate for his future and that of his family.
2. Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks to the field.
3. Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling
4. Gold slippeth away from the man who invest it in business or purposes with which he is not familiar or which are not approved by those skilled in its keep.
5. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers who trusts it to his own inexperience and romantic desires in investment


I highly recommend everyone to get a copy of this book. It cost around 400++ pesos in PowerBooks or national bookstore. Ask for assistance in finding the book. The book is classified under “classics” so you will not find it under the business and finance section. This may be the reason why “The Richest Man in Babylon “ is so underrated. Reading this book is probably the smartest investment decision you’ll ever make.

In my opinion this, book is one of the greatest forms of leverage because the small amount of wisdom contained in this tome can propel anybody to financial success.


Happy Investing,

Larry Buan