Basics of Investment
“What the wise do in the beginning, fools do in the end.” says Warren Buffett.
KNOWLEDGE is at the heart of a good investment.
Wisdom and maturity.
The most important reason people lose money is emotional. When we are emotional, we move away from the conscious, logical and objective side of us, we cannot foresee the future and usually make wrong decisions, invest in the wrong things, buy consumables, lose money.
The main rule of a good investment is to have discipline and wisdom in the work place.
Working is what wise people do in the first place. Only fools dream of making money without giving anything in return. Money is not easily earned and does not increase bu itself.
If you want to build wealth, you need discipline, good research, effort, hard work, time and wise steps. Plus, you have to find ways to have money working for you.
When you will invest;
1-Do not think that you know everything. Research, invest on courses, learn.
2-Look for long-term investments. There is greater risk in short-term investments and it is easier to lose money. Do not invest in anything that will cause you to lose money. Think of ‘’gaining more than you invested’’ when you invest.
3-Do not forget that a business can only grow if it “serves a large number of people” and solves ‘’a big problem’’. Do not invest in any business that does not SERVE HUMANITY.
4-Look for MEANING when investing. UNDERSTANDING MONEY IS VERY IMPORTANT.
5-Meaningful, useful businesses earn money, grows and expands.
6-Research The Science of Money. Get support and training in this regard. Learn methods of dealing with the flow of money.
7-Research, read, learn about the economy.
8-Continue reading, researching, and educating yourself on this subject.
9-INVEST IN KNOWLEDGE AND YOURSELF. Investing in yourself is the biggest investment you can ever make. INVEST IN YOUR MIND. Learn methods to balance your perceptions and transform your emotions. Being emotional leads you to lose money. Do not forget that. Do everything to become wiser and more balanced. People who join my courses and work on their mindsets usually double their income by absolutely doing nothing other than balancing their perceptions and transforming their emotions. Invest in yourself. It will pay.
10- SAVE before investing. SAVE MORE THAN YOU SPEND.
11- If you have never invested in your life, start with an amount that you will not feel sorry for even if you lose it completely. Thus, you minimize emotional reactions.
12- BE A PATIENT INVESTOR. Do not forget that the dream of making money fast has ruined thousands of people, families and businesses. PATIENCE is the golden rule for an investor.
13- Learn methods to balance your emotions. Learn classic Vedic meditation. People who meditate daily can manage their emotions and can manage their finances. People whom I have supported in learning and practicing classic Vedic meditation practice became much more wise on spending and saving. Because people usually buy consumable products our of ‘’immediate gratification’’. Balancing your emotions will balance your spending habits.
14- Buy the VALUABLE THINGS THAT PAY YOU BACK, NOT THINGS THAT BECOME WASTE IN TIME.
15- Remember, MONEY FLOWS TO THE WISE PEOPLE.
“The best investment you can make is in yourself. The more you learn, the more you earn”