Learn to Invest Money
Learn to invest money and I promise you that a whole new life of opportunity and intrigue will open up to you. There are four important areas that need to be addressed with regard to learning to invest money:
The first area you should look at is your financial goals. I have talked about this elsewhere however it is such an important point I will say it again.
You need to have one major goal eg. I want to be a millionaire in 5 years time.
Always put the timeline in. Then work backwards and write smaller or incremental goals, annual, monthly, weekly and finally your daily 'to do list' goals.
All these goals will add up to your 5 year millionaire goal or whatever goal you have set for yourself. Remember you must be flexible, but only to the point that you may have to change the way you get to your 5 year goal, not the actual goal itself.
If you only have a vague idea of where you want to be financially in 5, 10 or 20 years time then you will not get there. You need a definate purpose and then develop a definate plan.
It must excite the pants off you!
The second area involves learning to be aware of certain aspects about yourself. I have split these into a further 4 further areas:
i) Attitude - if it's not positive then there are certain aspects about yourself or your situation that you are not happy with or that you are resisting.
Be courageous and look at each one and do something about it. I have spent several years improving my attitude. It's hard work but the rewards are immense;
ii) Energy and Motivation - this is closely connected to i), if you are not enthusiastic and energetic about life and assuming you are not ill, are eating healthily and getting plenty of sleep, then something is wrong.
Usually it has got to do with not working steadily towards your own life goals in one way or another. Perhaps this is because you havn't sat down and worked them out or are allowing other people to call the shots;
iii) Time - If you are not making good use of your time, then it is your responsibility to re-assess and work out where you are going wrong. Stop watching television is a good start.
Make sure you have some exciting goals and are steadily working towards them on a daily basis. Make sure you have a maximum of 5 major tasks you need to perform everyday and you should never multi-task! Multi-tasking destroys creativity and will ware you down!
iv) Results - the proof is in front of you, are you where you want to be at this moment in time. If not, then no problem, re-assess, work out some exciting goals and off you go. If you have already done the goal setting and have still not achieved what you want then perhaps you have limiting beliefs that are holding you back.
Education - no I don't mean your schooling, but I do mean have you really sat down and had a good look at all there is to offer with regards to investing. The internet is a fantastic resource and most of the information is free. Yes you do have to separate the facts from the fiction but that isn't too difficult providing you put the time aside to do just that.
This site is a good place to start doing your homework with the added advantage that all the strategies and investments offered have actually been tried and tested by yours truly. If your pushed for time sign up to our Wealth Seminars. I promise you won't be disappointed.
Compounding - Albert Einsten once called compounding the eighth wonder of the world. This is why we have expressions like money goes to money and the rich keep on getting richer. It is all to do with the power of compounding.
Let me give you an example.
If you have an investment which is worth 1000 euros on day one and you never add to it but receive 25% per annum for the next 10, 15 and 20yrs, how much will it be worth at the end of these time periods?
It will be worth 9313 euros, 28,421 euros and 86,736 euros respectively. Amazing don't you think? What's even more amazing is most of the population are poor and live from pay cheque to pay cheque simply because they have never educated themselves.
One of my favourite investments is this Forex Investment which makes considerably more than 25% per annum!
I have tried to pass on as much practical information as I can but as usual for most people it will be a 'work in progress.' This is not a problem providing you have the desire to keep yourself aligned with your goals and don't stop moving forward.
We are all human and can't be expected to get things right every time. This is what differentiates the real achievers in life from the also rans, the former never give up and use their past failures as learning curves to help them rise to new heights of success and happiness.
I very much hope this learn to invest money page does just that for you.
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Learn to invest money quotes
"If a person gets his attitude toward money straight, it will help straighten out almost every other area in his life."
"The more I study the wealthy...in an effort to learn how to help more people around the world become one of them....I'm stunned by how many people are actually not rich." David Bach "Formal education will make you a living; self-education will make you a fortune." Jim Rohn "Money, if it does not bring you happiness, will at least help you be miserable in comfort." Helen Gurley Brown
"Formal education will make you a living; self-education will make you a fortune."
"Money, if it does not bring you happiness, will at least help you be miserable in comfort."
Helen Gurley Brown