The 5 Laws of Gold- from The richest man in Babylon

in Pandemic Forum4 years ago

Alert : This is a 1926 published story about the ancient prosperous civilization which resides on the Babylon(an ancient city in Iran)
Treat gold as the money in current situation.

Here are the 5 laws of Gold( money)

  1. Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth or his earnings to create an estate for his future and that or his family.
  2. Gold laboureth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of 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 invests it in businesses 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 or who
    trusts it to his own inexperience and romantic
    desires in investment.

Explaination of the 5 laws of gold (money)

THE FIRST LAW OF GOLD
Gold cometh gladly and in increasing quantity to any man who will put by not less than one tenth of his earnings to create an estate for his future and that of his family

"Any man who will put by one-tenth of his earnings consistently and invest it wisely will surely create a valuable estate that will provide an income for
him in the future and further guarantee safety for his family in case the Gods call him to the world of darkness. This law always sayeth that gold cometh
gladly to such a man. I can truly certify this in my own life. The more gold I accumulate, the more readily it comes to me and in increased quantities.
The gold which I save earns more, even as yours will, and its earnings earn more, and this is the working out of the first law."

THE SECOND LAW OF GOLD
Gold laboureth diligently and contentedly
for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.

Gold, indeed, is a willing worker. It is ever eager to multiply when opportunity presents itself. To every man who hath a store of gold set by, opportunity comes for its most profitable use. As the years pass, it multiplies itself in surprising fashion.

THE THIRD LAW OF GOLD
Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling.

"Gold, indeed, clingeth to the cautious owner, even
as it flees the careless owner. The man who seeks the
advice of men wise in handling gold soon learneth not
to jeopardize his treasure, but to preserve in safety and
to enjoy in contentment its consistent increase."

THE FOURTH LAW OF GOLD
Gold slippeth away front the man who invests it in businesses or purposes with which he is not familiar or which are not
approved by those skilled in its keep.

"To the man who hath gold, yet is not skilled in its
handling, many uses for it appear most profitable. Too
often these are fraught with danger of loss, and if properly analyzed by wise men, show small possibility of profit. Therefore, the inexperienced owner of gold who trusts to his own judgment and invests it in businesses or
purposes with which he is not familiar, too often finds
his judgment imperfect, and pays with his treasure for
his inexperience. Wise, indeed, is he who investeth his
treasures under the advice of men skilled in the ways of
gold."

THE FIFTH LAW OF GOLD
Gold flees the man who would force it to
impossible earnings\or who followeth the
alluring advice of tricksters and schemers
or who trusts it to his own inexperience
and romantic desires in investment.

"Fanciful propositions that thrill like adventure
tales always come to the new owner of gold. These
appear to endow his treasure with magic powers that
will enable it to make impossible earnings. Yet heed
ye the wise men for verily they know the risks that
lurk behind every plan to make great wealth
suddenly.

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