Friday, August 3, 2007

Instead of saving:Invest!


You would be amazed that by just instruct your bank to transfer your monthly $1k into your mutual fund or the winning stock that yield at least 15% of average annual return, you can massively live your life without worrying of your medical expenses or children education expenditure. How if it yield 50%,70% or even more than 100% like many of Malaysia and Singapore Mutual Fund that perform up to 200% within 5 year(2003-2007).
Instead of saving, do you believe that you can make $5.63 million after these 30 years or even more .I will tell you the secret that Sir Albert Einstein so amazed about it which is called "The power of Compounding". Stay tune with me to get the expensive info that you cannot easily find somewhere else.....

Sunday, July 29, 2007

Habit of millionaire:Pay Myself First!


People tend to think that to "Pay myself first" is by spending their monthly income to their cars,accessories,upgrading their furniture and other luxuries.Please people,you all know that when you have cash in your hand,your desire will push you until it say "Ok,that is the limit!"(Even many people dont realise their "limit").The limit that I mean are whether

"Owh,my cellphone are still following the recent trend,I will wait until it is outdated"

"I must settle my car loan first before I proceed to buy the new one"

Or even "There is no more cash left in my pocket,even my salaries for the next three months can afford to pay my credit card credits"

Here people,I advise you to be wise enough to Pay Myself First.How it should be?Let say your income is $5000 a month,,within 30 years your total earning will be $1.8 million.Instead of end up with almost nothing accept of your Bumble Bee kind of car,and the only house that you live forever ever that will be inherit by your next generation,you must learn the Power of Saving and Investing.If you save 20% of the amount under your pillow(But pleasE! Dont do this kind of silly thingy(-_-)-What i mean is saving without interest/profit from it),at the end of 30 years you will have $360k.But here,I will not teach you this traditional way of saving,it is just a good habit that we can improve significantly or even at the state that we can multiply this 360k to 20 times of.Here people 20times or more!Warren Buffett can do it,why not you!


SO,take charge!GO!

The most important rule in investing


Whenever you want to invest,you must never forget this 2 simplest rule that Warren Buffett teach us...

Rule no 1,never lose your money.

Rule no 2,don't forget rule no 1.

GO!