Smart Investing – Picking the Right Horse to Bet On (Part 1)!
We are just getting more and more confuse! So many self-help and investment books offered various opinions and views. But we are still confused! Which business to join or to venture into? What is called smart investing? Which one should you pick? For smart investing, we believe no matter what financial instruments, and businesses you might picked, a few rules of thumb applied: 1) There is NO SHORT CUT TO HARD WORK. Even Robert T Kiyosaki, Peter Drucker, Micheal Dell need to work hard before they are successful and become billionaire. 2) As long as YOU PUT YOUR HEART IN IT AND FOCUS ON IT, we believe you’ll be successful. 3) Your risk appetite determines your preference and speed to investing and profit 4) Balance – greed is good, but too much greed can be disaster! 5) If you want more, give back more! Give and thou shall receive! There are few simple tips as to how you select and pick the right horse to be on. If you are to ride a horse, you need to: 1) Understand your personal financial goals and risk appetite. 2) Understand what you have and how much you can lost 3) UNDERSTAND YOUR STRENGTHS (TALENTS) AND PASSIONS 4) FOCUS ON YOUR STRENGTHS/PASSIONS TO BUILD YOUR BUSINESS OR INVESTING. Building your business and investment around your strengths and passions will last. 5) PICK ONE (THE AREAS WHERE YOU HAVE YOUR BEST STRENGTHS + PASSIONS), AND JUST DO IT!
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