Rich Trilogy: After the first bitter sweet, bold but cautious, add up
In fact, getting rich is very simple, but nothing that is three steps: first after the bitter and sweet, bold but cautious, add up.
After the first bitter sweet Gu think of Italy, is to present it to defer want to enjoy. Some thousand ringgit per month can feed their families, some five thousand ringgit per month can not feed themselves. There is a famous phrase once said: "the needs of small, but wanted too much." But this is worth serious consideration. If we want to do first after the bitter and sweet, we must first overcome its own, control our desires. So that we can control our spending, start to save money.
Be able to comprehend, "after the first bitter sweet" than we are desperately in occupational climbed more important, people have the wrong idea that as long as we pay high we can get rich faster, in fact, pay the amount a person can not decide on the Can the money in the future, people pay a high social status, higher expenses will be higher than you want to save those who pay less than difficult, mainly due to the high pay of people with high credit, the balance of opportunities Will be relatively high. For example, those who can pay high credit card owed money, low-pay credit cards are even people who do not, simply do not have the chance to go under. There are already owe the first after suffer as a sweet, he should be replaced after the first bitter sweet, of course, than those who did not owe the difficulties.
Bold but cautious after the first bitter sweet aim is to save money, save money for the purpose of investment is to pay attention to the "bold but cautious." Just to save money in the bank's wealth is not possible to have to get rich through investment, it is necessary to accept the investment risk, it is necessary to take risks is needed is courage. To be successful is not "bold but cautious" not to be. The Art of War says: "The more wins count, too little balance." Multi-operator who is also just count, that is, carefully.
Stock investment is needed is bold but cautious, as it is today a major bear market, the market as a whole is to sell Pacific, we need the courage to buy, the more careful stock selection. Shares of the election than the election of the more important when, no one will know whether today's stock market is low, do you think the low, tomorrow it could be even lower. You dare to buy because you have the courage to accept that it may be the risk of falling, you have the courage to do a good job because you have homework to know the stock is no choice but to buy the shares.
To buy the shares must be careful to do her homework, you have to know how many of its capital, the number of debt, earnings in the past, the future outlook, and so what. If you can not do this basic homework, you will not invest in stocks. Not only upon the courage to buy, this is not a speculative investment, want to get rich is needed is investment rather than speculation.
Add a lot of people who invest in stocks, did not dare look forward to getting rich through stock, because of their lack of confidence in their investment in small, little money that they can only make money. They do not know the mystery of compound interest, do not know how to "open the back theory" (This is my favorite theory in the future I will discuss the topic).
Investment is rich from scratch, which is in the process add up. Rome was not built in a day, the same wealth in the stock market can not be achieved overnight success. But please be assured that it's not your imagination for so long.
Let me give an example, if you buy a WAJA, in the first period 18,000 ringgit every month you want for 750 ringgit per year or 9,000 ringgit for a period of 7 years. Do not assume that you change your mind WAJA, just want to get rich as soon as possible so I decided to spend this money to invest in stocks, and stock for each year you earn 12% of the profits, how long will it take you to become a millionaire?
The answer: 18,000 ringgit started to invest in stocks, and each year continue to invest in ringgit 9000 for a period of 7 years after the cessation of quotas, so that only the money will continue to roll, the investment return of 12% per annum, you can be as long as 25 years Millionaire. Detailed are as follows:
YEAR SAVE PROFIT 12% TOTAL
0 18000 0 18000
1 9000 2160 29160
2 9000 3499 41659
3 9000 4999 55658
4 9000 6679 71337
5 9000 8560 88898
6 9000 10668 108566
7 9000 13028 130593
8 0 15671 146265
9 0 17552 163816
10 0 19658 183474
11 0 22017 205491
12 0 24659 230150
13 0 27618 257768
14 0 30932 288700
15 0 34644 323344
16 0 38801 362146
17 0 43457 405603
18 0 48672 454276
19 0 54513 508789
20 0 61055 569843
21 0 68381 638224
22 0 76587 714811
23 0 85777 800589
24 0 96071 896659
25 0 107599 1004259
Note: 12 percent of the pay back is very conservative, we should invest in stocks back to the pursuit of higher pay. My ideal is 26%, next time break.
