One of the popular beliefs of people is that it takes money to make Money,but that is all a lie,what it takes to make money is knowledge.Knowledge is the ultimate asset when it comes to making money,what people lack is knowledge.
Business man
We live in a world where the rich are getting richer and the poor are getting poorer,all this is due to The financial knowledge at their disposal.
we all have access to knowledge, but the kind of knowledge and how we apply them is the difference between the rich and the poor.
It is through this applied knowlege in terms investment and proper planning that people becomes successful and wealthy.
One of the popular questions people ask all the time is this:how do I invest for financial success or how do I make wise financial decisions.
There is the right way to invest and also the wrong way to invest.the right way leads to financial success and the wrong way leads to financial failure.
there is no person in the world today who has not lost money to investment.to achieve financial success you must master the 3 abilities necessary for investing success.the first ability is the ability to Make more money and earn high incomes,
the second ability is the ability to save big portions and the third ability is the ability to invest your savings without loosing it.these are the 3 secret formula for investing success.
Unfortunately only a few people know this formula or even thrive in all 3 areas.many people are good at making money but save little or nothing,
Some are good at saving,they save a lot but loose it all through investing and some are good at investing but have little savings to make any significant progress.if you want to achieve fiancial success you must thrive in all 3 areas.
But there are 5 main differences between making money,saving money and investing money and these 5 are the hidden secrets for investing success
SECRET NO 1:MAKING MONEY, SAVING MONEY AND INVESTING MONEY ARE DIFFERENT:
making money is a money-producing activity,saving money is a money preservation activity and investing money is a money growing activity.to make money you need to solve a problem for other people and earn money for the problem you solve.
to save money you need to discipline yourself to live below your mean and the self-love to pay yourself first.and to invest you need some money and the right investment platform.making money requires problem-solving skills,saving money requires the right attitude and investing requires money.so while you can make money from scratch you cannot save or invest from scratch
SECRET NO 2:INVESTING ALONE CANNOT MAKE YOU RICH:
Investing alone does not have the power to make you rich,neither does your savings,the only way to be rich is to solve the problem of many people.the richest in the world are all problem solvers,they solve problems by creating products and services that meets a need.there is no single person in the world today who became rich and wealthy only by savings or investing.the fastest way to create wealth is to solve the problem of many people.
SECRET NO 3:INVESTING CAN DO 5 THINGS FOR YOU:
investment have 5 capabilities,the first capability is protection,certain investments can protect you from risks and emergencies,the second capability is passive income,third capability is principal income.certain investments can grow your invested capital.
fourth capability is gambling,you can gamble with certain investment and loose all your money.and the first capability is sales income,you can get back your money with interest when you sell a profitable investment.
SECRET NO 4:INVESTING IS EASIER THAN MAKING MONEY AND SAVING MONEY:
Investing is easier than making money and saving money. When you want to invest,all you need is a clear understanding of where you are going,how to be safe on the way and how to get there.you can invest successfully just by knowing the fundamentals if investing and collaborating with advisors and investment experts who know the tiny little details about investing.
Only a few wealthy people in the world are investments gurus.they simply know the basics and surround themselves with experts that can help them.this is what you must do if you want to achieve investing success and become wealthy
Investing for financial success is the dream of everyone,however there is the right way and wrong way to invest.the key to success and investing is to recognize the difference and understand the secrets of success and you will become wealthy
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