Understanding Investing
#EpisodeThree
There is a process to growing wealth.
Firstly, you have to earn (by providing goods or services whether as an employee or entrepreneur)
Secondly, you have to set aside some part of your earnings as savings.
Thirdly, you have to move the savings into an investment vehicle that helps retain the value AND also adds to the value constantly over a period of time.
The 3rd point is very crucial and most often than not, gradual and compounds over time. It's rarely a sudden leap.
A person who invests 100k in a venture and gets 10k as gain after one year may feel 10k is too small.
The problem is not the percentage (10%), it is the volume.
For the same 10%, a person who invests 10m in the same venture gets 1m after one year. 1m is no longer so small compared to the 10k.
Consider a person who invests 100m or 1bn in the same venture at the same 10%.
What's the point?
Do everything possible to preserve the investment (seed) while it brings forth the yield (ROI).
Remember that the size of the harvest is tied to the size of the seed sown.
I hope this helps us as we consider various investment platforms and their promises.
Next episode will be on on how to identify good investments
#DoBusinessBetter
#EpisodeThree
There is a process to growing wealth.
Firstly, you have to earn (by providing goods or services whether as an employee or entrepreneur)
Secondly, you have to set aside some part of your earnings as savings.
Thirdly, you have to move the savings into an investment vehicle that helps retain the value AND also adds to the value constantly over a period of time.
The 3rd point is very crucial and most often than not, gradual and compounds over time. It's rarely a sudden leap.
A person who invests 100k in a venture and gets 10k as gain after one year may feel 10k is too small.
The problem is not the percentage (10%), it is the volume.
For the same 10%, a person who invests 10m in the same venture gets 1m after one year. 1m is no longer so small compared to the 10k.
Consider a person who invests 100m or 1bn in the same venture at the same 10%.
What's the point?
Do everything possible to preserve the investment (seed) while it brings forth the yield (ROI).
Remember that the size of the harvest is tied to the size of the seed sown.
I hope this helps us as we consider various investment platforms and their promises.
Next episode will be on on how to identify good investments
#DoBusinessBetter
Understanding Investing 3
#EpisodeThree
There is a process to growing wealth.
Firstly, you have to earn (by providing goods or services whether as an employee or entrepreneur)
Secondly, you have to set aside some part of your earnings as savings.
Thirdly, you have to move the savings into an investment vehicle that helps retain the value AND also adds to the value constantly over a period of time.
The 3rd point is very crucial and most often than not, gradual and compounds over time. It's rarely a sudden leap.
A person who invests 100k in a venture and gets 10k as gain after one year may feel 10k is too small.
The problem is not the percentage (10%), it is the volume.
For the same 10%, a person who invests 10m in the same venture gets 1m after one year. 1m is no longer so small compared to the 10k.
Consider a person who invests 100m or 1bn in the same venture at the same 10%.
What's the point?
Do everything possible to preserve the investment (seed) while it brings forth the yield (ROI).
Remember that the size of the harvest is tied to the size of the seed sown.
We hope this helps us as we consider various investment platforms and their promises.
Next episode will be on on how to identify good investments
#DoBusinessBetter
#EpisodeThree
There is a process to growing wealth.
Firstly, you have to earn (by providing goods or services whether as an employee or entrepreneur)
Secondly, you have to set aside some part of your earnings as savings.
Thirdly, you have to move the savings into an investment vehicle that helps retain the value AND also adds to the value constantly over a period of time.
The 3rd point is very crucial and most often than not, gradual and compounds over time. It's rarely a sudden leap.
A person who invests 100k in a venture and gets 10k as gain after one year may feel 10k is too small.
The problem is not the percentage (10%), it is the volume.
For the same 10%, a person who invests 10m in the same venture gets 1m after one year. 1m is no longer so small compared to the 10k.
Consider a person who invests 100m or 1bn in the same venture at the same 10%.
What's the point?
Do everything possible to preserve the investment (seed) while it brings forth the yield (ROI).
Remember that the size of the harvest is tied to the size of the seed sown.
We hope this helps us as we consider various investment platforms and their promises.
Next episode will be on on how to identify good investments
#DoBusinessBetter