Nothing is impossible in this world. We r always in the state of equilibrium with our state of mind. People remain what they r because they restrict themselves. Was talking to my dad about the new forex programme that I am trying out that is suppose to give a ROI of 10% per month, but before I say anything, he said that he did not have time to monitor the market, even before I tell him that it's fully automated. Well, he has already closed his mind. His aim, like my brother in law, is just to beat the bank interest. And therefore, even if someone tells him that they can help him generate $100 for every $1 he puts in, he'll come with excuses to refute it.
Our mind is as big as we allow it. People who accept the fact that they can only earn $100 will always earn within that range. If another person offer them to work for $200, they'll think that something must be wrong with it and refuse that offer. People who accept that fact that they must always work hard for money will always be working hard for money.
I seem to get irritated easily these days when people try to "glorify" investment. Although I know that it's other people's choice, somehow or rather, I feel that investment seems like a trap by the big banks and investment firms to trap the mass market. Saw my dad reading a book about investment. Although I should say I'm happy that he started to read all these, but I don't agree with what the author say- "Hold for long term. It'll pay off eventually". A lot of financial planner and banks will quote that generally, the stock market goes up and if u hold for long term, u'll earn money. Is it really true? Has anyone went to back test it? Or is it that everyone just take what they say as the holy gospel? I checked. What they say is partially true.. 50% true, and 50% false. They cleverly use the words like "generally" and "long term" to cover they own backside. How general is generally? Can they guarantee it? And how long is long term? 3 days? 5 days? 1 month? 1 year? 5 years? 10 years? or 100 years?
There's always sales pitch and fact. We must know how to differentiate between the two.
What is money meant to u? To some people, money is just a piece of paper. To some, money is something we cannot bring along when we r dead. To some, money is a means to exchange for something we called happiness. To some, money is a seed.
Money means all 4 to me. Yes, it is a piece of paper, we cannot bring along when we r dead, it's something we use to exchange for another thing, and most importantly, money is a seed to me.
Indeed, money is just a piece of paper. It is a piece of paper that people are fighting over for. It's a piece of paper that can cause families to break apart, couples to quarrel. This powerful piece of paper has the most power man has ever seen. But in actual fact, as in a few entries b4, this is just merely an IOU.
Money is something we cant bring along when we die. Yes, I agree with that. It is also something that we cannot be without when we r alive. No one can predict how long we can live, so i rather i have excess of it when I die then I use up everything b4 I die.
Money is what we use to exchange for happiness. No one can doubt that. Whatever that happiness is, it's up to us. Some people label traveling as happiness, some label having a car as happiness, some label the Prada bag as their happiness. Without money, u can't have any of those.
The last one is the most interesting thing. Some value money as money itself. A $10 note is nothing more than a $10 note. People who think this way r usually those who tend to spurge on things. Because to them, money is just money. To me, money is a seed. A seed that can grow into tree. And that tree will produce more seeds and it'll grow into trees again and the cycle repeated. If u can make $0.10 to become $1, and make that $1 to become $10, and that $10 to become $100, then why waste even $0.10? Because every $0.10 that u waste, u're killing their potential to become $100. Because of this mentality, it is also why u see that the poor generally spurge on things like cable TV, the latest technology handphone, the state of art computer while the rich only have the very basic. For example, Warren Buffet, the billionaire investor, doesn't even has a handphone. The rich that I'm referring to r those who become rich from scratch. Because to them, money is a seed. And that is why the poor always label the rich as miser, because the poor can never understand the value of money. They cannot understand that $10 can become $100, and that $100 can become $1000.. And that is y they kill many seeds that have the potential to become money tree and therefore remain poor...
Two men were walking along a crowded sidewalk bin a downtown business area. Suddenly one of them exclaimed, “Listen to the lovely sound of that cricket!”
The other man, who couldn’t hear a thing above the din of the
heavy traffic and people bustling around, was amazed at how his friend could detect the sound of a cricket.
The first man, who was in fact a zoologist, simply took out a coin, and dropped it on the sidewalk. Immediately a dozen people nearby starting looking about them.
“We hear,” explained the zoologist, “what we listen for.”
Experience has put a fence around the way we think, see and hear. Free your mind and listen to your inner voice.
From the book "Who took my money" by Robert Kiyosaki
Rich dad often said,"It's easy to work hard and go nowhere. It's easy to stick to a job and blame your boss for not giving you a bigger raise. It's easy to say 'I can't afford it.' It's easy to say 'I can't do it' It's easy to blame your husband, your wife, or your children for your financial problems." He also said, "There are many lazy people who work hard. They continue to work hard because it is easier to keep working hard than to change." When it came to investing, rich dad said,"Many people just turn their money over to total strangers and wonder why they get such poor returns. Or many people seem to think that it should be easy to find a great investment. They seem to think that great investments grow on trees or should be handed to them. The fact is, it's easy to find bad investments. The world is filled with people offering you bad investments to invest in. If you want your money to work hard for you, you cannot afford to be lazy. Lazy people invest in the investments that ambitious people reject."
