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How much to invest in EQUITY
How much to invest in EQUITY
Many people often ask “How much should I invest in stock market” This is a very common questions. 1. Through this video, I share with you a famous thumb rule that has been widely used. 2. We will also analyze the limitations of this rule by taking a real life scenario. 3. Towards the end, we shall discuss a valuable advice from Waren Buffet about investing. Hope you enjoy this…
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jimmysrinet · 3 years
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15 TIPS: HOW TO BECOME RICH
Every day we learn much news about rich people like Elon Musk, Jeff Bezos, Mark Zukerberg, Ratan Tata, Bill Gates, Waren Buffets, Jack Ma, etc but we hardly know about their hard work, bad days, and level of risk they have taken to make their vision accomplished. To become rich so exciting and motivating words but only dreaming to be rich not enough you have to work months to months and years to years but there is no guarantee about your success you may fail.
Your visualization, self-affirmations, deliberate practices, commitment, positive beliefs systems, concentrations, focus, motivations and ability to take risks always matter a lot in making you rich.
Reach peoples have a long term vision, do hard work, do not involve in criticism, finding opportunities in every situation, helpful, creative and ability to perform in any situation.
You have a good brain, intelligent not only everyone have a good brain but very few are using for our personal and professional development but please do use your brain at the maximum level through good reading books, reading the case studies, analyzing the situation, concentrating on your present job, finding your creativity and keep engaging yourself with your passion.
To become rich can be an overnight journey but stay reach can be a long terms journey where you have to be experienced, expert, intelligent, thankful, polite, hardworking, and visionary.
Opportunities are open for everyone but very few can be visualized the opportunities, in that very few can attempt and in that very few succeeded.
Elon Musk Born in South Africa in 1971, sold his first computer game at age 12 and went on to co-found Tesla Motors, PayPal, and SpaceX.
Elon Musk is a risk-taker, an innovator, Engineer, Entrepreneur and who dares to dream big dreams but he always says “take the calculated risk”
Elon Musk has the ability to make things happen and his companies Tesla Motors, SpaceX, The Boring Company, Open AI, Neuralink. Elon Musk famous quotes during different interviews
“When something is important enough, you do it even if the odds are not in your favor.”
“Some people don’t like change, but you need to embrace change if the alternative is a disaster.”
“Failure is an option here”
14 Millionaire Tips: How to Become Rich
1) Visualization Of Dream
Thinking rich is not enough but you should be visualized your dream and live your dream that force you to find an idea and work hard on it to make it true.
Visualization plays a critical role in your personal success and achievement that provokes you to come with creative ideas, planning, funding, managing, and achieving.
First, you visualized what you want to be and write down on a blank paper, and set a deadline to achieve.
Search for ways to achieve it read books, magazines, case study, do research of rich peoples and select one of them.
2) Concentration And Focus
Your concentration counts much in your career and concentration has the power to make things easy, achievable, and engaging.
Do some Yoga and Meditation that will help you develop a habit of concentration and focus.
3) Love Your Job
What you are doing just love it, give your best in that, visualized it, be creative in it, engaging yourself in it and try to innovate it.
4) Deliberate Practice
What you are doing must be purposeful and systematic and do it regularly.
You must do deliberate practices that require focused attention and act with a specific goal of improving performance and achieving perfection.
5) Self-Affirmation
Self-affirmation is basically a psychological theory that focuses on how individuals adapt to information or experiences that are threatening to their self-concept.
You should improve your mindset and be careful about changes and new experiences that will be useful for you in your personal and professional development.
6) Take Calculated Risk
Elon musk itself suggested, “take calculated risks” through our analytics understanding and go step by step.
You must understand your capabilities and capacity and design your operations and plans.
7) Control finances
Wealthy people not only think about money but also control their money too and control over the money is not an easy job and you should be very much educated and skilled.
Earn money, save money, do financial planning, control your expenses that will lead to your control over finances.
8) Financially Educated
One of the unique tips that every rich people suggested to read books and there are hundreds of books that have been written by millionaires, billionaires, successful people, business trainers, life coaches, leaders.
You have known, how to learn profit and loss and other financial statements, rules of taxes, differences between liabilities and assets, how to improve your credit, and good and bad debts.
9) Search A Wealthy Mentor
Follow your mentor and some research on them and learn their life history, decision-making styles, routine, rituals, suggestions, and management styles.
Learn from their life experiences, advice and failure and success but ta
1o) Save And Invest
Save your income and invest in profitable businesses or ventures, shares, bonds, mutual funds, IPOs, and government schemes.
Saving habits is not an overnight job but you need to be very hard and determined and add to your routine.
11) Create A Network Of Reach And Wealthy
Network of reach and wealthy peoples always benefiting you in terms of experience, opportunities, building sources, building networks, and understanding their ways of doing things.
So from today identified your ways to build a network of reach and wealthy people in your job through your relationship-building skills, personality, communications, and behaviors.
12) Multiple Sources Of Income
Building multiple sources of income needs time, money, attitudes, focus, and engagement but you should all these to make multiple sources of income it will take time but definitely a fruitful process.
Multiple sources can through investing in bonds, shares, cryptocurrency, property, and the establishment of new business.
Do your analytics and start doing all these activities from today and diversify your sources.
13) Creative And Learn Faster
Creativity is a never-ending process and not one day process, it involves your routine practices and your passion and creativity an unique and always benefiting habits.
Fast learners always stay head and become masters of their field and you have to fast learner and creative in your job to grab the opportunities and stay competitive in the market.
14) Be Healthy And Fit
Care for yourself because finally, you have to do and everything, do some exercise, Yoga, Meditation and a small walk.
Eat healthy food, vaccinated yourself against COVID-19, take organic tea or lemon tea and stay motivated.
15) Believe In Yourself
Believing in yourself is not an easy job, for that, you have to be hardworking, stay motivated, achieve a small target, building your success story, keep calm and happy and develop after routine practices.  
Wrapping Up
As we have learned the factors but you keep engaged your self on changing technology, business practices, government norms, emerging market trends.
Finally, you have to smart enough, a learner, hardworking, educated, and able to take a calculated risk and stay competitive.
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