Friday, March 23, 2007

Investing is a PLAN,not a Product/Procedure!

We can hear everywhere,people asking,' I have 100,000,what do you think i shoud invest?'....
To invest,you need to have a plan.
Normally,people wont have a plan,when you ask people who are ready to invest,DO YOU HAVE A PLAN.their answer will be, i dont need a plan ,i just want you to tell me what to invest in.I have capital!
Remember, investment is a plan not a product or procedure.Investment is like vehicles.
There are so many type of vehicles,car,trucks,...?WHY?Have you ever wonder?WHY there are so many types of vehicels?
It is because different types of people and people have different needs.A single person may no need a large 6passenger MPV while a family with 4 kids would need one.So as investment.
Investment have many different investment products.Vehicles bring you from point A to point B so does investment.It bring you from where you are financially to where you want to be ,sometime in the future financially.
Investing is like planning a trip,let say from Kuala Lumpur to Langkawi.A car or bicycle will not do.That means that you will need a boat or plane to get across the ocean.Once you reach the land, you can walk,ride a bike,by car, buys .All different type of vehicles.One is not necessarily better than the other.If you have alot of time and really want to see the country,then walking or ridding a bike would be the best.Not only that you will be much healthier at the end of the trip.But if need to be in Langkawi tomorrow,then obviously flying from KL to Langkawi is the best choice.So that you can make it on time.

Power of WORDS!

Power of words is actually very powerful.Did you all realise this?
People always say," It takes money to make money!",this idea it takes money to make money is one of the worst idea there is,especially if a person want more money.Actually,it does not take money to make money.It takes something available to all of us and is alot less experience to obtain than money.In fact in many cases,what it take its free!
Pay attention to the sepcific words RICH and POOR people use.After hear their words, pay attention to the message his words are sending.You will discover that poor people always use the words like ' i will never be rich','i cant afford it','do u think money grow on trees','do u think i'm made of money'.'money is hard to get','i could rather be happy than be rich'
A businessman and investor have their vocabulary.It does not take money to made money,it take WORDS!The difference between a rich person and a poor person is that person's vocabulary.All a person needs to do to become richer is increase his/her financial vocabulary.And the best news is,most words are FREE!
So,if you want to increase your financial success,it begins by increasing the vocabulary in the subject!.It does not take money to made money but it takes a rich person's vocabulary to make money and more importantly keep money!
So by simply listening to others words we can notice people who plan to be poor and people who plan to be rich.
So watch out what you say.It will be very powerful!