Warning: If you can’t handle the truth, you should probably stop reading this post right here..
When I was in my early 20’s and I was beginning to put some money away for the first time in my life...
It was weird. Really weird.
I was so used to NOT having money, it was actually kind of strange that I now had the opposite problem of having too much money...
Anyway, I decided to save and invest it (after spending a lot of it on stupid stuff).
But here’s where things got interesting...
What I didn’t realize back then, was that investing isn’t that simple. You don’t just take a chunk of your savings and dump it in some real estate or in some other “asset”. It’s a lot more complicated than that.
But that’s what I actually used to think, and that’s what many beginner investors I know think too.
They think they know what they’re doing. They think they’re building their financial future. But they’re actually “gambling” their savings away.
So to protect you from making the same mistakes, here are the 3 warning signs you’re gambling your savings - instead of investing it. (My comments will follow.)
Gambler Alert #1: You Invest In Things You Don’t Understand.
A few weeks ago, I sent out an email about how I took my family’s savings and blew it on an ‘opportunity’ that I didn’t understand at all...
And that if I had just spent some time doing the due diligence, I probably wouldn’t have made such a stupid mistake. And I would have saved myself and my family from so much hardship.
And the thing is. I’m not the only one guilty of diving headfirst into “too-good-to-be-true” opportunities…
Many many investors - even experienced investors - go into investments they don’t really understand.
Take Forex Traders for example. Even traders that have been trading for decades don’t always know what they’re doing.
Most of the time they’re just guessing...
Guessing that the US Dollar will go up, or guessing that the US Dollar will go down.
Sure, it’s possible that some amazing traders have gotten trading down to a science.
But what about everyone else?
Are they investing - or are they gambling? You tell me...
Gambler Alert #2: You Invest In Things That Are Emotionally Exciting
“Wow, this investment is going to make it big I’m telling you.”
If you find yourself talking about your investments all the time to friends and family.
That’s a big red flag.
Remember back in 2017 when everyone, including the mainstream media, was talking about Bitcoin?
Everyone was hyped and convinced it would keep rising and rising.
TONS of money was “invested” into Bitcoin.
Some people even re-mortgaged their homes to get in “before it’s too late”.
And that’s what emotion does to you.
It’s no different from a gambler that keeps playing and playing because he is emotionally hooked.
And that brings us to...
Gambler Alert #3: You Have No Exit Strategy
This is why casinos make so much money.
Most gamblers don’t know when to quit...
When they’re on a winning streak. They just keep playing...
“I’m on a roll.”
They think they’ll stay lucky forever.
Instead of cashing out while they can, they just keep playing.
Then when their luck turns and they start losing…
They can’t accept defeat.
Instead of leaving and calling it a night, they keep gambling to “win it all back”.
To “break-even”.
They keep betting and betting and betting.
Until there is nothing left they can bet with...
And the same happens to many investors.
When Bitcoin started falling...
Many didn’t know how to cut their losses.
They were in too deep...
Some even put MORE money in. Hoping it would bounce back and that they’d make twice as much profit.
But that didn’t happen. And it wiped out a lot of people.
Now I’m sure you don’t want that to happen to you. And if you’re anything like me, you’re not looking to gamble your savings anyway.
Here’s What To Do Instead:
If you’re unsure what to invest in, then why not just invest in yourself for now?
What have you got to lose?
That’s what I started doing...
Instead of putting my money in things I didn’t understand…
I just started attending more events, taking more courses, and reading more books.
This gave me an edge over other investors. And when I was ready to start investing, I had shortened the learning curve by a lot.
There’s no reason it can’t be the same for you.
Keep learning and keep growing.
If you’d like to learn the secret investment strategies many wealthy people use year after year to grow their net worth…
👉Put “invest” below and I’ll send you a personal invitation to my upcoming one-time LIVE event in Las Vegas.👈
同時也有10000部Youtube影片,追蹤數超過2,910的網紅コバにゃんチャンネル,也在其Youtube影片中提到,...
「real estate courses」的推薦目錄:
real estate courses 在 Dan Lok Facebook 的最讚貼文
Warning: If you can’t handle the truth, you should probably stop reading this post right here..
When I was in my early 20’s and I was beginning to put some money away for the first time in my life...
It was weird. Really weird.
I was so used to NOT having money, it was actually kind of strange that I now had the opposite problem of having too much money...
Anyway, I decided to save and invest it (after spending a lot of it on stupid stuff).
But here’s where things got interesting...
What I didn’t realize back then, was that investing isn’t that simple. You don’t just take a chunk of your savings and dump it in some real estate or in some other “asset”. It’s a lot more complicated than that.
But that’s what I actually used to think, and that’s what many beginner investors I know think too.
They think they know what they’re doing. They think they’re building their financial future. But they’re actually “gambling” their savings away.
So to protect you from making the same mistakes, here are the 3 warning signs you’re gambling your savings - instead of investing it. (My comments will follow.)
Gambler Alert #1: You Invest In Things You Don’t Understand.
A few weeks ago, I sent out an email about how I took my family’s savings and blew it on an ‘opportunity’ that I didn’t understand at all...
And that if I had just spent some time doing the due diligence, I probably wouldn’t have made such a stupid mistake. And I would have saved myself and my family from so much hardship.
And the thing is. I’m not the only one guilty of diving headfirst into “too-good-to-be-true” opportunities…
Many many investors - even experienced investors - go into investments they don’t really understand.
Take Forex Traders for example. Even traders that have been trading for decades don’t always know what they’re doing.
Most of the time they’re just guessing...
Guessing that the US Dollar will go up, or guessing that the US Dollar will go down.
Sure, it’s possible that some amazing traders have gotten trading down to a science.
But what about everyone else?
Are they investing - or are they gambling? You tell me...
Gambler Alert #2: You Invest In Things That Are Emotionally Exciting
“Wow, this investment is going to make it big I’m telling you.”
If you find yourself talking about your investments all the time to friends and family.
That’s a big red flag.
Remember back in 2017 when everyone, including the mainstream media, was talking about Bitcoin?
Everyone was hyped and convinced it would keep rising and rising.
TONS of money was “invested” into Bitcoin.
Some people even re-mortgaged their homes to get in “before it’s too late”.
And that’s what emotion does to you.
It’s no different from a gambler that keeps playing and playing because he is emotionally hooked.
And that brings us to...
Gambler Alert #3: You Have No Exit Strategy
This is why casinos make so much money.
Most gamblers don’t know when to quit...
When they’re on a winning streak. They just keep playing...
“I’m on a roll.”
They think they’ll stay lucky forever.
Instead of cashing out while they can, they just keep playing.
Then when their luck turns and they start losing…
They can’t accept defeat.
Instead of leaving and calling it a night, they keep gambling to “win it all back”.
To “break-even”.
They keep betting and betting and betting.
Until there is nothing left they can bet with...
And the same happens to many investors.
When Bitcoin started falling...
Many didn’t know how to cut their losses.
They were in too deep...
Some even put MORE money in. Hoping it would bounce back and that they’d make twice as much profit.
But that didn’t happen. And it wiped out a lot of people.
Now I’m sure you don’t want that to happen to you. And if you’re anything like me, you’re not looking to gamble your savings anyway.
Here’s What To Do Instead:
If you’re unsure what to invest in, then why not just invest in yourself for now?
What have you got to lose?
That’s what I started doing...
Instead of putting my money in things I didn’t understand…
I just started attending more events, taking more courses, and reading more books.
This gave me an edge over other investors. And when I was ready to start investing, I had shortened the learning curve by a lot.
There’s no reason it can’t be the same for you.
Keep learning and keep growing.
If you’d like to learn the secret investment strategies many wealthy people use year after year to grow their net worth…
👉Put “invest” below and I’ll send you a personal invitation to my upcoming one-time LIVE event in Las Vegas.👈
real estate courses 在 香港山女 Mountain Girl HK Facebook 的最讚貼文
早前參加由 綠惜地球 The Green Earth 主辦的《夢想山徑 - #麥理浩徑的集體回憶》公眾講座,聽 #王福義博士 分享當年 #郊野公園 和 #麥理浩徑 和 #衛奕信徑 等由無到有的發展歷史,場內展示多張珍貴照片,加上王博士風趣幽默,實在非常精彩。最令全場有共鳴的莫過於比較當年及今日對於郊野公園「#邊陲」的定義:
1973年時,港督 #麥理浩 對立法局說:「the mountains and beaches are for the many but the golf courses and the yacht are for the few」(#綠惜地球 譯:「山及海灘是為很多的大眾,而哥爾夫球場球及遊艇會只是為了少數人。」)
反觀現今政府於2017年施政報告中,指「應該思考利用郊野公園內小量生態價值不高、公眾享用價值較低、位於邊陲地帶的土地用作公營房屋...
we should also consider allocating a small proportion of land on the peripheral of country parks with relatively low ecological and public enjoyment value for purposes other than real estate development」
此古今對比真的非常諷刺,大家愛山之人失望又無奈
https://www.facebook.com/greenearthhk/posts/770480819962504
而最精彩的部份莫過於公眾發問和討論環節,因為大家的問題都很有質素,亦能引發深思和討論:
- 行山/跑山比賽參加者與行山人士時有衝撞,並被轟消耗山徑,舉辦者是否應該回饋山徑維修或支付費用予魚護署維修?
- 山賽選址能否選些較少遊人的路徑,例如小徑或古道?
- 星期日是否不應舉行山賽?(有與會者表示假日才去行山,碰巧遇上比賽便很擠迫無奈)
- 參賽者自身又是否可做多一點,環保一點,包容一點?
- 郊野公司能否吸煙?
未知大家又有何看法?
王博士以此作結:「希望大家都有共享郊野的胸襟」
活動中還有些小亮點,例如麥徑標誌,魁梧的港督麥理浩站着扶着膝蓋,是否走了這麼遠路累了膝蓋痛?(笑)
「佢當時係喺山頂休息緊,瞭望遠方,寓意大家多看遠方,享受山徑。」
原來如此!
而哪些地方應否納入郊野公園範圍也很講究,與郊野公園條例也息息相關,例如條例列明不準生火,因此難以包括元朗、屯門等民居較多的地區...等等
上了寶貴的一課。