Monday, 15 August 2022
Sunday, 14 August 2022
Friday, 7 August 2020
If You Really Want To Succeed In Life, Never Tell Anyone (Family & Friends) These Things
If You Really Want To Succeed In Life, Never Tell Anyone (Family & Friends) These Things
Ayobami081198
Aug 6, 2020 2:13 PM
I know plenty of very successful people, but they all have different definitions of what success means to them. For some, success is money. For others, it means just being happy. No matter what your definition of success is, here are things you need to take note of before you can live a fulfilling and successful life.
1. Don't Tell Anyone About Your Plans Of Income
Whatsoever plans you have on your income is a private issue of your own and no ones buisness, don't tell anyone where you are expecting money from or where you rely on for money.
2. Never Tell Anyone About Who Wants To Help You.
Your success in life depends on someone out there, knowing that person is a privilege. You don't have to disclose that person to anyone.
3. It's Not Everything You Can Tell Your Parents
Your parents are a part of you but that is not a criteria to tell them everything about your life, your success is your priority and your goal. They don't have to know everything.
4. Never Tell Anyone About Your Area Weaknesses
Don't tell anyone - even your family - your area of weaknesses because they can use it against you when you less expect.
5. Never Tell Anyone Your Future Plans
If you want to be successful in life, don't tell anyone the plans you have ahead. People at wicked and envious, they could make sure you never attain that future.
6. Never Disclose Everything About Your Life With Your Family
If your goal in life is to attain success, make sure your family and relations don't know everything about you. Especially about your Plans and Goals.
I urge you to learn how to keep secrets and be calm in life.
Please share this article to others, let them benefit.
Hope this article was helpful? If yes, please like.
Feel free to share your opinions, contributions questions and suggestions in the comment section.
Saturday, 18 May 2019
💖❤Love Zone
Join a free dating group that will change your life as a teen!😍love for all😘
https://www.facebook.com/groups/757396227937269/
Follow this link to join my WhatsApp group: https://chat.whatsapp.com/FVOXlQJ0dcYDJrb86ppjuU
join the foreign love zone that will change your life for the better with your little effort💖🤗👨👨👦👦👩❤️👩togetherness love stands.
https://www.facebook.com/groups/757396227937269/
Follow this link to join my WhatsApp group: https://chat.whatsapp.com/FVOXlQJ0dcYDJrb86ppjuU
join the foreign love zone that will change your life for the better with your little effort💖🤗👨👨👦👦👩❤️👩togetherness love stands.
Friday, 5 April 2019
Below are some ideal investments to consider when you are in your 20s and 30s.
Below are some ideal investments to consider when you are in your 20s and 30s.
(A). INVEST IN YOURSELF
(1). REDUCE WATCHING TV/NEWS:
The news doesn’t change — government borrowing, election manipulation, killings, wars, underperforming economy, celebrity gossip, and the list goes on and on. All these don’t make me knowledgeable.
When you reduce TV and watching of news, you become less anxious and less stressed.
(2). CUT DOWN ON SOCIAL MEDIA:
The average person touches his phone more than 100 times a day, due to addiction to Whatsapp messages, facebook, Twitter, etc. Half of that time would have been better spent reading books, creating art or something productive.
-- Read fiction and non-fiction every day.
-- Reduce alcohol and limit sugar intake.
-- Eat twice a day.
-- Avoid gossip.
-- Sleep an hour earlier and wake up an hour earlier.
(3). CUT DOWN ON WASTEFUL SPENDING:
A salary is the first major source of savings and investments, so you must nurture that source properly to help jumpstart you into other avenues for enriching yourself.
(4). INVEST IN YOUR CAREER:
Whatever career you are in, develop more skills and take more courses. Some of these courses are offered online at cheap prices. If you are an employee, consider taking a professional certification exam. Google people at the pinnacle of your field and research what made them get to the top. It could be their negotiation, management, psychological, or impeccable writing skills.
Investing in yourself is the most important decision you will make, as the more skills you have, the more ideas you have to aid creativity, and to end up as a money making and/or value adding machine.
Two quotes by Ray Dalio have stuck with me:
“Do not let your income rise faster than your productivity, because you’ll eventually become uncompetitive.”
“Do all that you can to raise your productivity, because in the long run, that’s what matters the most.”
(B). INVEST FOR THE FUTURE
(1). EXCHANGE TRADED FUNDS (ETFs)
Majority of individual investors will not make money investing in the stock market due to 2 major reasons:
-- Not everyone has the wherewithal and resources to research and analyze the market properly.
-- It is difficult to time the market – knowing the right time to buy or sell.
Why Exchange Traded Funds? An ETF is simply a security that tracks an index and trades like an individual share on an exchange. It is a fund that includes the collection of assets, e.g. stocks, bonds, gold, etc. Investing in an ETF presents you with the opportunity to buy a selection of assets you may prefer instead of picking those assets individually.
For example, if Mr A has dreams of investing in companies like Google, Exxon Mobil, and Apple, but doesn’t have the money to invest individually in any of these stocks due to the high share prices they command, he can simply buy an S&P 500 ETF that tracks all these companies. If any of these companies don’t perform in a particular period, you still have hundreds of others which can balance out the risk of the total portfolio.
There are several thousands of ETFs globally; some invest according to geographic locations – ETFs that track the biggest companies in USA, China, etc.; ETFs that invest in a mix of stocks and bonds; ETFs that invest in gold, etc. Two major advantages which ETFs offer are: an opportunity to diversify your portfolio, and low costs of investing. Most experienced investors recommend that you continually invest a small amount of money consistently over a number of years.
You can invest in ETFs available on the Nigerian Stock Exchange, or better still, diversify your portfolio by investing outside the shores. I have previously written on how to make money investing in foreign stock markets.
(2). TREASURY BILLS
Treasury Bills are a very important and necessary investment for every type of investor, and there is no better time to cultivate the habit of buying Treasury Bills regularly than when you are in your 20s and 30s. Treasury Bills are short-term government guaranteed debt instruments issued by CBN on their behalf to finance expenditure and also control money supply. There are 3 tenors: 91 days, 182 days and 364 days.
We all have bills to pay (professional exams coming up in a few months, children’s school fees, weddings, vacations, etc.) and you can invest the present cash you have in Tbills, depending on the period you will need the money. There is a concept in finance called Asset and Liability Matching (ALM), which basically involves buying an asset (in this case Treasury Bills) in order to be able pay off a future liability (what you need your money for in the future).
Some advantages of Treasury Bills are:
-- They offer decent interest rates, so you get to make money.
-- They are risk-free, which means your principal is guaranteed, as it is backed by the full faith and credit of the Federal Government.
(3). GROWTH STOCKS & DIVIDEND STOCKS
Being in your 20s and 30s is an opportunity to make risky bets, because if you lose your money at this stage you still have time to recover. Investing in stocks offers a good avenue to put part of your money into a high risk-high reward venture.
Growth stocks are simply stocks that are expected to grow at significantly higher rates than the industry average. These stocks generate more sustainable positive cash flows and revenues than their peers. Dividend stocks, on the other hand, are usually stocks of companies that are financially stable and mature, which means the share prices are less volatile than growth stocks.
Dividend stocks should be included in your portfolio at a young age as they provide opportunities to earn income (no matter how little) consistently over a long period of time, provided the companies keep performing well.
(4). BUSINESS
If you have the talent and passion for something, you can start now. It doesn’t mean you have to quit your job immediately; you can maintain your day job while you work gradually on your business idea. The thing about starting a business is that the rewards are huge; if successful, you get to reap huge financial rewards whilst having the freedom and control over your own time.
You have nothing to lose starting a business at this age:
-- The business performs well and you make money.
-- The business fails and you gain lessons on what to avoid in your next venture.
I wish you all the best in your investing endeavours.
(A). INVEST IN YOURSELF
(1). REDUCE WATCHING TV/NEWS:
The news doesn’t change — government borrowing, election manipulation, killings, wars, underperforming economy, celebrity gossip, and the list goes on and on. All these don’t make me knowledgeable.
When you reduce TV and watching of news, you become less anxious and less stressed.
(2). CUT DOWN ON SOCIAL MEDIA:
The average person touches his phone more than 100 times a day, due to addiction to Whatsapp messages, facebook, Twitter, etc. Half of that time would have been better spent reading books, creating art or something productive.
-- Read fiction and non-fiction every day.
-- Reduce alcohol and limit sugar intake.
-- Eat twice a day.
-- Avoid gossip.
-- Sleep an hour earlier and wake up an hour earlier.
(3). CUT DOWN ON WASTEFUL SPENDING:
A salary is the first major source of savings and investments, so you must nurture that source properly to help jumpstart you into other avenues for enriching yourself.
(4). INVEST IN YOUR CAREER:
Whatever career you are in, develop more skills and take more courses. Some of these courses are offered online at cheap prices. If you are an employee, consider taking a professional certification exam. Google people at the pinnacle of your field and research what made them get to the top. It could be their negotiation, management, psychological, or impeccable writing skills.
Investing in yourself is the most important decision you will make, as the more skills you have, the more ideas you have to aid creativity, and to end up as a money making and/or value adding machine.
Two quotes by Ray Dalio have stuck with me:
“Do not let your income rise faster than your productivity, because you’ll eventually become uncompetitive.”
“Do all that you can to raise your productivity, because in the long run, that’s what matters the most.”
(B). INVEST FOR THE FUTURE
(1). EXCHANGE TRADED FUNDS (ETFs)
Majority of individual investors will not make money investing in the stock market due to 2 major reasons:
-- Not everyone has the wherewithal and resources to research and analyze the market properly.
-- It is difficult to time the market – knowing the right time to buy or sell.
Why Exchange Traded Funds? An ETF is simply a security that tracks an index and trades like an individual share on an exchange. It is a fund that includes the collection of assets, e.g. stocks, bonds, gold, etc. Investing in an ETF presents you with the opportunity to buy a selection of assets you may prefer instead of picking those assets individually.
For example, if Mr A has dreams of investing in companies like Google, Exxon Mobil, and Apple, but doesn’t have the money to invest individually in any of these stocks due to the high share prices they command, he can simply buy an S&P 500 ETF that tracks all these companies. If any of these companies don’t perform in a particular period, you still have hundreds of others which can balance out the risk of the total portfolio.
There are several thousands of ETFs globally; some invest according to geographic locations – ETFs that track the biggest companies in USA, China, etc.; ETFs that invest in a mix of stocks and bonds; ETFs that invest in gold, etc. Two major advantages which ETFs offer are: an opportunity to diversify your portfolio, and low costs of investing. Most experienced investors recommend that you continually invest a small amount of money consistently over a number of years.
You can invest in ETFs available on the Nigerian Stock Exchange, or better still, diversify your portfolio by investing outside the shores. I have previously written on how to make money investing in foreign stock markets.
(2). TREASURY BILLS
Treasury Bills are a very important and necessary investment for every type of investor, and there is no better time to cultivate the habit of buying Treasury Bills regularly than when you are in your 20s and 30s. Treasury Bills are short-term government guaranteed debt instruments issued by CBN on their behalf to finance expenditure and also control money supply. There are 3 tenors: 91 days, 182 days and 364 days.
We all have bills to pay (professional exams coming up in a few months, children’s school fees, weddings, vacations, etc.) and you can invest the present cash you have in Tbills, depending on the period you will need the money. There is a concept in finance called Asset and Liability Matching (ALM), which basically involves buying an asset (in this case Treasury Bills) in order to be able pay off a future liability (what you need your money for in the future).
Some advantages of Treasury Bills are:
-- They offer decent interest rates, so you get to make money.
-- They are risk-free, which means your principal is guaranteed, as it is backed by the full faith and credit of the Federal Government.
(3). GROWTH STOCKS & DIVIDEND STOCKS
Being in your 20s and 30s is an opportunity to make risky bets, because if you lose your money at this stage you still have time to recover. Investing in stocks offers a good avenue to put part of your money into a high risk-high reward venture.
Growth stocks are simply stocks that are expected to grow at significantly higher rates than the industry average. These stocks generate more sustainable positive cash flows and revenues than their peers. Dividend stocks, on the other hand, are usually stocks of companies that are financially stable and mature, which means the share prices are less volatile than growth stocks.
Dividend stocks should be included in your portfolio at a young age as they provide opportunities to earn income (no matter how little) consistently over a long period of time, provided the companies keep performing well.
(4). BUSINESS
If you have the talent and passion for something, you can start now. It doesn’t mean you have to quit your job immediately; you can maintain your day job while you work gradually on your business idea. The thing about starting a business is that the rewards are huge; if successful, you get to reap huge financial rewards whilst having the freedom and control over your own time.
You have nothing to lose starting a business at this age:
-- The business performs well and you make money.
-- The business fails and you gain lessons on what to avoid in your next venture.
I wish you all the best in your investing endeavours.
Subscribe to:
Posts (Atom)