How Do You Define Wealth

There is a fellow who lives in a trailer park.His bachelor pad has sparse amenities, but as you know when it comes to real estate, size doesn't matter as much as "location, location, location!".His modest singlewide rental happens to overlook Pacific Coast Highway, in Malibu, California.Ah, yes, is the picture starting to come together?.Maybe this detail will fill it out for you.

He surfs every morning of every year. That's his passion, and somehow, dabbling in this and that, his rent gets paid.Now, the trick question: Who is wealthier, this forever-young forty-year old, or his buddy who took the road more traveled after high school, the one who invested the last decade or more in that steel and glass high rise, saying yes sir and no sir and accumulating enough money to make a down payment on a small shack in a dusty part of California?.

How do you define wealth?.I know a lot of people in business who want to accumulate what they call, let me put it politely, good-bye money, so one day they'll be able to walk out of that stifling job and get to the beach every now and then.The memories of millions of ocean breezes still linger in the lungs of the surfer, thousands of waves caught and missed, and countless smiles from forever-cute girls.Like the Sinatra song, "My Way," he's doing life his way.

If they knew each other, deep down, I think Donald Trump might feel just a wee bit poorer.

He is a frequent guest on radio and television, worldwide. A Ph.D. from USC's Annenberg School, a Loyola lawyer, and an MBA from the Peter F. Drucker School at Claremont Graduate University, Gary offers programs through UCLA Extension and numerous universities, trade associations, and other organizations in the United States and abroad.

He holds the rank of Shodan, 1st Degree Black Belt in Kenpo Karate. He is headquartered in Glendale, California, and he can be reached at (818) 243-7338 or at: gary@customersatisfaction.com.

By: Dr. Gary S. Goodman