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Showing posts with label investing. Show all posts
Showing posts with label investing. Show all posts
Tuesday, July 6, 2010
Wednesday, June 16, 2010
Your first investment
If the world of investing is new to you,.. dont'worry. One of the most simple examples to make you see how money can work for you, instead of a situation in which you work for money is your savings account.
If you receive 3% interest rate on your savings, the ROI, the Return ON Investment, the return on the money you put into your savings account is simply 3% a year. Be aware that money makes money. The next year the money on your account has increased and increases faster than the year before, which is great!
A savings account is perceived as a safe investment. You know the ROI, you have access to your money and the risk is very low. Another form is saving is possible by a desposito. In this case, the interest rate is higher, but you do not have access to your money for a certain amount of time.
Other types of investments with higher ROI's are of course possible too, and very interesting. They will be discussed on this blog among other topics. Interesting investments are:
* Stocks / Shares
* Real Estate
* Building a business with your money
* Internet, for example by online companies and Internet Marketing
If you create your own product, for example a book, you receive income based on the sale rates, especially internetmarking could help you sell your product.
Eventually, you earn money based on you ROTI, the Return On Time Invested. A good book will be sold more,.. and more research will help you with stockpicking.
You could perceive your savings account as your first investment, now it is time to move on. Maybe it is possible to put your money into something better, with a higher ROI. However, first learn at the YouniverCity of Investing.
To be continued...
If you receive 3% interest rate on your savings, the ROI, the Return ON Investment, the return on the money you put into your savings account is simply 3% a year. Be aware that money makes money. The next year the money on your account has increased and increases faster than the year before, which is great!
A savings account is perceived as a safe investment. You know the ROI, you have access to your money and the risk is very low. Another form is saving is possible by a desposito. In this case, the interest rate is higher, but you do not have access to your money for a certain amount of time.
Other types of investments with higher ROI's are of course possible too, and very interesting. They will be discussed on this blog among other topics. Interesting investments are:
* Stocks / Shares
* Real Estate
* Building a business with your money
* Internet, for example by online companies and Internet Marketing
If you create your own product, for example a book, you receive income based on the sale rates, especially internetmarking could help you sell your product.
Eventually, you earn money based on you ROTI, the Return On Time Invested. A good book will be sold more,.. and more research will help you with stockpicking.
You could perceive your savings account as your first investment, now it is time to move on. Maybe it is possible to put your money into something better, with a higher ROI. However, first learn at the YouniverCity of Investing.
To be continued...
Tuesday, June 1, 2010
What is Investing?
Most people think investing has to do solely with money and making money. We speak of a successful investment when the money you have spent on something actually returns to you in a bigger amount. You make more money on the money you spend, and as such, the money you spend can be qualified as an investment. As you understand, not every effort to spend money in order to make more money, to establish a successful investment, is successful. This, since investing involves many other aspects besides money.
You not only invest money, investing time and energy are far more important. By investing your time and energy, you are able to learn, to do research, to network and so on. You are investing your time right now by reading this blog. Good on you! Do you sometimes realize how much valuable time gets wasted by watching television? Money can be made everywhere at every time, but you only got a certain lifespan, a certain time to spend. Be aware of how you spend your time, and what the results of it are.
One of the most important things on your path to financial success is to invest in your mind. This takes a lot of effort. We are all conditioned in a certain way; however, you have to learn in unconditional way. You have to realize that everything is possible and you must repeat this to yourself over and over again.
I have been in this state of mind for already a long time; however, I never realized it upon a few years ago. I was very bad at school, yet I now have a Master degree. Not that I am in particular proud of this, but it shows, at least to me, what is possible when you believe in something, and when you put your effort in, and refuse to give up. I started to become more aware of things when I bought the famous book “The Secret”. This book explains the law of attraction. Its most important message to me was, in my own words, the following one:
What this, basically, means is that those things you work on in your conscious mind, the mind we daily use, the one we are aware of, are the ones your unconscious mind picks up. This mind knows no other conditions than those it receives from the conscious mind. In this order, you can influence what your unconscious mind works on, by deliberately influencing your conscious mind. How? For example by focusing on what you want and by refusing negative thoughts. The unconscious mind collaborates with the universe to make things happen in reality!!! As such, you are using the law of attraction in your own benefit. You for example meet by coincidence a person that gives you that one piece of information you needed, or someone who inspires you or maybe someone who wants to help you. Step by step you get forward on the path towards your goals.
I hope this explanation is clear. Those who are already familiar with this law, and how to put it in practice, will understand me better than those for whom this is new information will.
The next week, I will post a number of very very important video’s that explain more. In the meantime, I suggest you read the book I earlier mentioned. I must note however that this book is somewhat materialistic orientated and it oversimplifies the theory a bit. There is much more to it. If you will follow this blog, you are going to learn a lot about how to change your mind to a very powerful mind, a millionaire mind if you want!
J
Investing is thus much more than putting your money into something to create more. It is also about investing your time and energy. One of the first and most important steps before you start to invest big amounts of money is to realise this and to work on your mindpower!
You not only invest money, investing time and energy are far more important. By investing your time and energy, you are able to learn, to do research, to network and so on. You are investing your time right now by reading this blog. Good on you! Do you sometimes realize how much valuable time gets wasted by watching television? Money can be made everywhere at every time, but you only got a certain lifespan, a certain time to spend. Be aware of how you spend your time, and what the results of it are.
One of the most important things on your path to financial success is to invest in your mind. This takes a lot of effort. We are all conditioned in a certain way; however, you have to learn in unconditional way. You have to realize that everything is possible and you must repeat this to yourself over and over again.
I have been in this state of mind for already a long time; however, I never realized it upon a few years ago. I was very bad at school, yet I now have a Master degree. Not that I am in particular proud of this, but it shows, at least to me, what is possible when you believe in something, and when you put your effort in, and refuse to give up. I started to become more aware of things when I bought the famous book “The Secret”. This book explains the law of attraction. Its most important message to me was, in my own words, the following one:
“By putting your unconscious mind to work on what you want, through the conscious mind, the universe will make it so”
What this, basically, means is that those things you work on in your conscious mind, the mind we daily use, the one we are aware of, are the ones your unconscious mind picks up. This mind knows no other conditions than those it receives from the conscious mind. In this order, you can influence what your unconscious mind works on, by deliberately influencing your conscious mind. How? For example by focusing on what you want and by refusing negative thoughts. The unconscious mind collaborates with the universe to make things happen in reality!!! As such, you are using the law of attraction in your own benefit. You for example meet by coincidence a person that gives you that one piece of information you needed, or someone who inspires you or maybe someone who wants to help you. Step by step you get forward on the path towards your goals.
I hope this explanation is clear. Those who are already familiar with this law, and how to put it in practice, will understand me better than those for whom this is new information will.
The next week, I will post a number of very very important video’s that explain more. In the meantime, I suggest you read the book I earlier mentioned. I must note however that this book is somewhat materialistic orientated and it oversimplifies the theory a bit. There is much more to it. If you will follow this blog, you are going to learn a lot about how to change your mind to a very powerful mind, a millionaire mind if you want!
J
Investing is thus much more than putting your money into something to create more. It is also about investing your time and energy. One of the first and most important steps before you start to invest big amounts of money is to realise this and to work on your mindpower!
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