I just thought this is an interesting qn posed to me by someone.
In point form
1. No money.
2. Borrowed money.
3. Emotional when comes to money
4. Lack of knowledge as how stock market works.
5. Lack of knowledge how company make their money and pay out money.
6. Lack of investment plan.
7. Lack of conviction to stick to their plan.
In point form
1. No money.
2. Borrowed money.
3. Emotional when comes to money
4. Lack of knowledge as how stock market works.
5. Lack of knowledge how company make their money and pay out money.
6. Lack of investment plan.
7. Lack of conviction to stick to their plan.
Hi Low Paul,
ReplyDeleteGlad you found it interesting ;)
Thanks for stimulating this thought process.
DeletePaul
Hi Low Paul,
ReplyDeleteGreat perspective. I believe 4, 5 and 6 can be learned with a bit of will. 1 and 2 can be earned with a bit of work (don't want to sound arrogant, but everybody who is willing to work and control his spending should have some spare money for investing).
3 and 7 are the real challenges to success. They require constant willpower. Unfortunately willpower is not renewable: use it and you lose it. So you constantly have to work on "sustaining" your willpower.
Low Paul, can I ask you a personal question?
Do penguins have knees?
Hi Tacomob, as a matter of fact, i dont think penguins have knees.
ReplyDeleteBut on personal note, i am not sure what's the implication.
Hi Low Paul,
ReplyDeleteActually they do have knees. They just keep them hidden from sight underneath their dense feathers.
That means they can have some knee-jerk reactions as well. Hopefully they can keep their emotions under control when investing. haha
Ok. I hope so too.
ReplyDeletebtw how long have u been in spore? How u find the weather here?
I have arrived here in your beautiful Singapore back in 1997.
DeleteOverall I like the weather. Ok, it is sometimes a bit too humid, but I generally like it hot and if it is too hot there is always an aircon-place nearby.
Don't call me crazy. But growing up in Germany where you sometimes have to wait six months for a warm day to come around, I do appreciate this style of weather.
I take it that you do not like the hot weather too much and prefer to live in Antarctica?
Yes. Indeed. With lots of household chores n errands to run, sometimes i wish if there was ac everywhere.
ReplyDeleteAntarctica..only for real penguins.
Germany is a gd place. Home to porsches. They dont have coes do they? Vast lands. 4 seasons.
sounds like a great place for vacation.
thanks for information. that usefull like on tipepedia Pedoman dalam Penelitian Kuantitatif yang Perlu di Pahami dan Pedoman dalam Penelitian Kualitatif yang Perlu di Pahami
ReplyDelete