Stock Market & money related sharing

In many years working in banking industry, I meat with many clients, many of them are millionaire. One of them Ah Chong, is a self make millionaire by just investing in stock market, he hope I can share his story with all who have millionaire's dream. Ah Chong is a typical employee who work nine to five daily. Not many know that he is a millionaire next door, not even his neighbour. He stay in a 800 square foot apartment with his wife and a daughter, drive a second hand car. To him, money is mean for future security, not for showing off. He know that, to be rich, it's not about how much you earn, but how much one can save. If you earn ten thousand and spend eleven thousand, you will never have chance to accumulate wealth. . His story begin at age 17, where he started his first investment in stock market. At time, he thought that invest in stock market need to chase for tips, rush to buy and be the first one to sell. In few days time, he made few thousand by using this ...

Today, I came across an interesting article in The Star, “Can you retire with one million?” Just click here to read the full article. According to the writer, he assume a person with 55 now, having one million in the pocket and have a life time for another 25 years (about 80 years old) He use simple math to divide 1,000,000 by 25 then divide further to come out $3,333 a month. With this, he concluded that life would be tough, hence one still need to work after 55 as $3,333 might not enough to cover the expenses. Oh no... how can the writer did not know in the world we have something call Investment. One can invest in property, stock market, bond or even business to generate income. For example, he can buy 5 or 6 houses with each value at around $200,000 and collect the rental income. (we don't talk about borrow money, but just use all the cash in his pocket) Assume each house generate $900 of net rental, with 5 or 6 houses, you can simply collect $5,400 per month. Don...

If there's a choice, do you want to become rich or poor? Many people will say, they want to become rich! However, there are some, who think rich are selfish, so they want to remain poor. Some even have a funny thinking that if they become rich, they will need to lost something in order to exchange for rich! Many people hate their boss, because their boss is rich. Also, they think they are under pay but over work, that's why their boss become rich and rich people are all greedy! If one having this kind of thinking, then most likely he will never being rich. How can you become someone whom you actually hate? If you feel like under pay, then why don't become a boss? It make more sense to become rich and it's better to remain rich, become stronger and you can help the weaker! If one remain poor, how can they help those poor to become better? That's why when come to donation, rich people can always give, and they hope to give more next year if their business is...

Today we going to exploit the way how anyone can be a millionaire through investing in stock market. Similar to buying a house, one need to have down payment before start the first investment. The first thing we need to do is start saving money today. Only spend on what you need, instead of what you want - this is a way to ensure we can start to save money. What we are looking for is to pick the right investment that can generate stable income in good or bad time. In this case, stock market provide greatest flexibility for one to start with. Many investors think that stock market is risky and hard to make money. They lost confident due to lack of knowledge to choose the right stock or heard from friends' experience of loosing money in stock market. They never know that invest in stock market can become a millionaire if you choose the right stock, invest in good company with proper trading plan. What is good company? The answer is simple, the company with good profit and good mana...