Thursday, September 20, 2012

Your best investment for the future

What comes to your mind when you mention the word investment? Do you have insurance, mutual funds, stock market or even think about putting your money into high-yield investments that? Do you think you learn how to invest in stocks or real estate needs?

Term investment is defined by Webster as 1: (money) in order to commit to earn a financial return 2: Future profit or for-profit use (anything).

has not left.

heard.

Many people health supplements, personal trainers and beauticians to invest heavily in order to live long and healthy lives for themselves or even to look younger. Just look at the advertising budget for beauty aids and even plastic surgeons!
Invest in yourself. The most important and the No. 1 rule "Invest in yourself" - if you do not, who else will?

Your parents invest in their education only until you leave college. And that you do not have to teach important lessons about financial education.

Think about this: You colleges or universities will teach you how to make money on? Most colleges only teach you the skills to earn money so you can work for other people. How about business school? Honestly, if business lecturers who are experts in the business, why are they still lecturing there instead of making a fortune in business?

Your boss will teach you how to succeed in business so that one day you'll be in your position? You know, and you only have to be active enough to take that responsibility. No, he knows that the easiest way to make money to keep you where you are.

You see, when you invest in yourself, it means taking on the importance of educating. Education, although those skills are being developed in life, not in academic or technical meaning. But do not stop their education in college.

For most working adults, their education as soon as they leave college enters phase retardation. They stop learning and so they stop growing. They only grow sideways from eating too much pizza or carry out during their busy lunch break.

We know that IQ is important, right? But most intelligent people in the world, the richest people in the world, why not? There are many accountants and financial planners to their cars after work every evening trying to beat the traffic congestions are escaping! They are not rich! They may be well off, but they are not rich!

How about EQ or Emotional Quotient? Hard working, a great attitude and a positive mindset solve our financial situation? These are important when running a business, but I Description:

If you are driving from Miami to New York using the wrong road map, you to your destination, no matter how fast you drive your car (hard work) will be! You can work hard, but you will get the wrong destination faster! The positive attitude or mindset is the best in the world, but you still will not get to New York (the journey not bother you because you are feeling positive about it)

The first time you must invest in your financial IQ. Saving tons of money in a financial intelligence or mutual funds based on independent financial advice is not about dumping. Investment is less than the beginning. It is developing a healthy relationship with money and assets that will generate money for you in the future to build a wealth of.

To what does it take to develop your financial IQ? Delayed gratification for developing your financial IQ is one of the most important aspects.

Take it as a hypothetical example. You rather have, a pint of milk or a cow will pay? If you buy milk, it consumes and it's over. Buy milk for you over and over again when it will end. Even if there is a cow milk costs less in the long run, will you still buy milk again and again.

Now, if a cow has spent 50 times more than milk, you pay through the nose when you could buy a cow. But the price of milk to cow after 50 pints, you break even on your investment in the future and want to save more money. In fact, cows give birth to calves 2 or more and you can sell for profit may be one of them!

Get the idea? Everyone is capable of making money.It was just an old car that could sell the car to beat. You will be money in the process!

How about a farm? If you turn the farm into a country house getaway resort is many times will not increase the value of agricultural land?

The chefs, computer programmers and craftsmen's the same principle. The whole is more than the sum of the parts. We are able to create money out of thin air and that is the first step to getting our creative juices flowing.

Is defined by the value of the supply and demand. You do not need to be an economics major to understand this. Money is just an idea. Cents or dollars represents the true measure of money is not it. The value that can be exchanged for money.

If you have developed a product that people want, and they pay more than you have to? You apply your skills to good property if you knew that the price you see is the property of the estate?

Assets that bring long-term value investing is the bottom line. Anything that brings you more income is an asset. Like cars or boats investing much in liabilities. The investment is not, he is spending.

house an asset or a liability?)

Ready for life, living below their potential and never take risks to improve your family's future? You're the only one who can answer.

No comments:

Post a Comment