Money Summit & Wealth Expo 2010 - A Source of Financial Wealth

I had the privelege to attend the money expo and wealth summit seminar last July 2 and 3, 2010 and I can say that there is no better way to start the second half of 2010 than to attend the Money Summit & Wealth Expo!

Within 2 days, experts shared to us the knowledge they had on their respective niches on how to build your wealth using multiple ways.

I already heard some of the speakers talk before and I was glad because my memory and motivation was once again reignited. Attending seminars and lectures won't make you more succesful than what you are already right now. It's what you do with the new found knowledge that matters.

I love attending seminars like these because I always love to learn new things. Just last summer, I attended a Real Estate Management class which was waaay out of my league (I am a graduate of an IT course) but, nevertheless, I gained a lot of knowledge.

The moment you stop learning, you start dying. Attend seminars quarterly. Even monthly if circumstances permit.

Looking forward to the next money summit and wealth expo! :)

Thanks to ILuvLearning and  Boy Kuripot for hosting the contest

Cheftonio

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Lessen taxes, not remove.

Yesterday while I was watching the morning news, there was this interview with a speaker from Petron about the, of course, never ending gas price increase. As she explained, I don't know if she was just a good speaker or she was really reasonable. I actually at some point, believed what she said.

She explained that, major oil players are not actually losing money. In total Petron just get around 2 Billion profit per year and that equates to around 20% of the total sales. I forgot the total sales but my estimate would be around 10 Billion.

The diesel price, should actually be more expensive than gas. Since they do not want those who utilizes gas to suffer, they just try to balance it out.

She also added that, oil deregulation law was much better because their profits was assured, unlike now.

She wasn't able to answer the tax question straight though. All she gave was safe answers.

For me, tax should not be removed but, should be lessened. If you remove the taxes imposed, everybody will suffer.

This is my thought: Rather than letting everyone suffer by imposing high taxes or no tax schemes, why not even things out a bit by lessening the tax charges since when the middle class gets a good earning, it would be able to help the lower class by adding jobs.

That is the natural cycle not only in the Philippines but, everywhere else.

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