Invest Only What You Can Afford There are varieties of investments out there. Some are good, some are not so good and some are naturally better than others. Some people will make money from the unlikeliest of sources while others will lose money even from the safest of investments. So if you try to invest all your money, it is very likely that you will find it hard to sit still. You may find trouble sleeping because you are worried about losing your money. Or, you are worried about what will happen if you lose that money. Furthermore, some people are just not cut out for investments. They cannot take what others accept as usual behaviors. For example, a friend of mine recently went into the stock market for the first time. The company she was working for was listed on the stock market and she took up her staff entitlement of ten thousand shares. I knew that she would make money as the company was doing a roaring business. So, me and friends told her to hang on to her shares ...
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Investments… Sit Back, Relax and Wait.. Don’t Rush
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I nvestments… Sit Back, Relax and Wait.. Don’t Rush If you cannot figure out the working of an investment, forget about it. And if the people selling it to you cannot explain it to you in three sentences, then walk away from it. That investment is not for you. “And why not? I don’t have to understand something to make money from it.” some may ask. “After all, I do not need to know how to fly a plane to ride on it,” Well, you are half-right there. Yes, you don’t need to know how to fly a plane to get from A to B. The pilot will do it for you. His job is to get you safely to your destination on time. That is how he is measured and getting paid to do it. It has nothing to do with the price of the airfare or whether the company he works for is profitable or not. But remember, the pilot is not managing your money. On the other hand, an investment manager is holding your cash. Just as you would be wary of a pilot who cannot explain how a plane flies, you better be wary of an inves...
Seek Financial Advice Wisely
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Seek Financial Advice Wisely Another sure way of minimizing mistakes is by educating yourself. Learn more about financial management and perhaps even the different investments. You can pick up information from many sources. Among the common ones are books, tapes, videos, seminars, or even attending classes. By doing this, you will know more and understand the subject matter better. You will make better investment decisions because you do not have to rely on others or believe what they tell you wholeheartedly. And friends, if you ask anybody selling financial packages about their products, they will tell you nothing but good things. They will tell you what you want to hear. If you want roses to be blue, then blue they are. if you prefer polka dots, then polka dots they will be. And you are expecting too much if you expect the salesman to be objective about the whole thing. If you don’t buy, there’s no commission. No commission equals no money to feed their families. Now, how can a...
Believe In Yourself
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Believe In Yourself When life deals with unexpected disappointments, difficulties, hardships, and other sufferings, it can be discouraging. When dreams are shattered, it can be a devastating blow if you let it. Everyone has bad things happen that they didn’t expect it. it may be the loss of a job, an accident, an illness, divorce or any of a thousand other unfortunate occurrences that disrupt their lives. It’s up to each person. based upon his character, to decide whether that disruption will be temporary or permanent. Some people have a run of bad luck and use it as an excuse to give up on life. They’re easy to spot by their haggard looks and lack of enthusiasm. The problem is, these people become focused on looking backward that they run on into new problems and disappointments that could easily have been avoided had they been looking forward. What has happened in the past cannot be changed. No matter how much you focus on past events, they will still be the same. The past...
Why We Don’t Accomplish Our Objectives
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Why We Don’t Accomplish Our Objectives I can only think of these 4 reasons why we don't accomplish our objectives. They are: a. They’re unrealistic b. They’re dictated by others 3. They’re too vague 4. We lack motivation. Unrealistic Objectives Many people go through life setting unrealistic objectives and never accomplishing any of them. It’s an interesting phenomenon. People who set unrealistic objectives often have a negative self-image. Subconsciously, they think of themselves as losers. However, they like to go through the motions of setting objectives, so when they fail, they can say to themselves, “Poor me, I'm such a failure, I keep trying but I never seem to make it.” In this way, they feed their self-image as a loser. When someone visits a weight loss doctor and says, “I want to lose 0 pounds.” the doctor usually tells him, “Let’s set an objective of 10 pounds first, and see how it goes.” A good doctor pushes the patient back to reality because he or she realizes it...
A Way That Will Work Wonders For You
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A Way That Will Work Wonders For You There is a reason why the other man thinks and acts as he does. Search and find out the reason and you have the keys to his actions, perhaps to his personality. Try to put yourself in his place. If you say to yourself, “How would I feel and react if I were in his shoes?” you will save yourself time and irritation, for “by becoming interested in the cause, we are less likely to dislike the effect.” And, in addition, you will sharply increase your skill in human relationships. Get In Here For 100% Real Buyers Traffic On Autopilot Success in dealing with people depends on a sympathetic grasp of the other person’s viewpoint. My friend, Tan used to tell his wife that she spent too much time working on their small garden, pulling weeds, fertilizing, and cutting the grass twice a week when the garden didn’t look any better than it had when they moved into their home 4 years earlier. Naturally, his wife was distressed by his remarks, and each time he ...
Reach Your Goals By Staying Motivated
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Reach Your Goals By Staying Motivated Some people have difficulty achieving their goals in life or cannot seem to finish what they have started. This can be due to a lack of motivation. Motivation is a very important ingredient in any endeavor. Without it, a person will have a very difficult time completing tasks; also, they will not be able to maintain the quality of their work. This could lead to some erratic changes in their work ethic and lifestyle. Learning how to stay motivated is an important factor in life that people should learn. Taking It One Step At A Time One important error that any person can do when achieving their goals is to look for shortcuts. Relying on shortcuts can lead you to stop making progress altogether. Letting this habit control your way of thinking will definitely have an adverse effect on your motivation in the future. In order to stay motivated at a high point just keep your goals simple. Focus on one goal at a time and work from there. This way, y...