Sunday, September 23, 2007

Work? Not work? Do business? Invest?

Famous book, "Rich Dad, Poor Dad" asked ppl dont "work". Many ppl think that they can do nothing if not work because they are not businessmen.

There are few way to earn money:
1. earn money by ur arm and time--factory worker
2. earn money by ur brain and time--skill worker or professional
3. earn money by ur brain, time and capital--businessman
4. earn money by ur money--investor

If u do not hav any skill or knowledge then u hav to earn money by ur arm and time, the salary is lower because any ppl can do ur job.
If u studied in university or hav a cert, u may earn money by ur brain and time. The range of the salary is quite wide for this kind of ppl, it is differentiate by their level of brain. The CEO may get a fantastic pay while the fresh graduate with same qualification may not get same pay.
The 3rd kind of ppl earn money by brain, time and capital. They might hav a skill or knowledge, by investing their time and money, they start their business.
The last is investor, they earn money by money.

U might c that all r using time except investor. we hav limited time, arm and brain. The only way to increase ur ability of collecting wealth is money earn money. But u might say: "I no money, how can i money earn money? Ofcourse, working is the way to collect wealth if u no money, but the ability of collecting wealth is jz like walk, compare to money earn money is like fly. ofcourse u know fly is faster, that is y working jz for starting to save money to fly lah!

U might think that money earn money is the game for rich ppl, not every1 can play. What i can
say is, this is the way they get rich, if u dont learn to play this game, u knw wat? U wil be a "Poor Ppl" forever and ever and ever..

ofcourse, there are various investment, with small capital and big capital. The investments with small capital are stock market, unit trust and bond. But, pls la! dont tell me that saving in bank and fixed deposit are investment also! The interest earned dont even can cover inflation!


In conclusion, it is not important whether u work or not work, the important is u hav to learn how to money earn money, learn how 2invest.

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