Archive for December, 2008
In showing gratitude we become a more beautiful person.
Posted by financialplanner8 on December 18, 2008
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Inflation Vs Deflation
Posted by financialplanner8 on December 16, 2008
Most people are familiar with inflation. It’s when the value of your dollar declines vs. things like gasoline, real estate, and food. Inflation is murder on cash held in the bank or under the mattress. Inflation helps borrowers because the RM100 you borrow now actually is worth less and less in the future.
While on the other hand Deflation is much less well known. Put simply, it’s when the value of your dollar rises vs. things like gasoline, real estate, and food. Deflation kills borrowers because the RM100 you borrow now is worth more when you have to repay it.
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Posted by financialplanner8 on December 14, 2008
“My money and my mouth both say equities.”
Warren Buffett, October 17, 2008
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Posted by financialplanner8 on December 13, 2008
Be perseverance in time of difficulties, do not be discouraged.
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Posted by financialplanner8 on December 12, 2008
“For nearly three decades, China has been the fastest-growing country in the world. With a rate of savings and investment exceeding 35 percent among its 1.3 billion people, and foreign reserves that already top the planet, it is set to become the most important country in mankind’s future.”
– Jim Rogers, Legendary Investor
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Buckminster Fuller
Posted by financialplanner8 on December 11, 2008
“The purpose of our lives is to add value to the people of this generation and those that follow”
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Posted by financialplanner8 on December 11, 2008
Anyone who says money isn’t important doesn’t have any!Rich people understand the importance of money and the place it has in our society.On the other hand ,poor people validate their financial ineptitude by using irrelevant comparisons.they will argue,”Money is not as important as love”-A dumb comparison,as it is saying your arm is more important than ur leg whereelse in actual fact both are equally important.
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Posted by financialplanner8 on December 6, 2008
The greatest achievement in life is to stand up from failure
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Posted by financialplanner8 on December 3, 2008
“One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. Most people – not that I’m better than most people – always have to be playing; they always have to be doing something. They make a big play and say, “Boy I am smart, I tripled my money.” Then they rush out and have to do something else with that money. They can’t just sit there and wait for something new to develop.”
“Don’t do anything until you know what you are doing. If you make 50 percent two years in a row and then lose 50 percent in the third year, you would actually be worse off than if you just put your money in a money market fund. Wait for something to come along that you know is right. Then take your profit, put it back in the money market fund, and just wait again. You will come out way ahead of everybody else.”-Jim Rogers
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