Post
Topic
Board Economics
Re: This Will make you rich
by
Yaqs15
on 18/06/2024, 19:44:54 UTC
Proper planning is half the success of any work. So first the task has to be specified and accordingly the work outline has to be formulated. And to make the investment safe one must bring some diversification in the investment. Otherwise the basic theory of finance would be denied. Then finance management is the second important task to complete these business activities smoothly.

First of all if we are interested in any investment opportunity then we have to focus on its reality and details which can help us to choose it if it is trustworthy and then learn how to work to get profit from it. Making a sketch of each and every step in your mind is necessary prior to starting anything as it will have positive effects on your investment decision.

One should not depend on a single investment asset because sometimes that investment does not produce our desired profit so it is necessary to have a job beside investment or diversify your investment in different fields so your profit will be double as you will get from both of the sources.
What you said completely coincided with my opinion. Along with the investment if a person has a workplace or a job opportunity is created, it will make the investment more successful and will be able to create attraction on the investment. Besides investment any other job gives us mental relief. As you say through investment sometimes we have to face loss. At such times jobs provide us with financial support. When a person is assured that financial support is generated in some other way in times of trouble, his psychology works well and he can concentrate fully on whatever he is doing which is an essential ingredient for success.
There are a lot of things that we can do to to be rich indeed. Things like self discipline, avoiding procrastination, consistency, knowledge and skills, updating, information then opportunity and response to change.
This is how they work;
For example, if we have discipline enough especially, financially, to the extent that we understand the way we spend,we will be 100%happier. while spending, make sure we know the difference between our wants and needs, the difference between our most prefer and more prefer then we should choose them accordingly.
In times of procrastination, we should be able to know the exact time that we should do things then we should do them at the right time on the right place.
We should try by all means not to rush to the end and also,we should not rush to see the results, but we should be doing what ever we are doing even if it seems difficult as far as we choose it as our goal, we should be consistent in doing it. there shall be light at the end of the tunnel.
What ever we are doing, we should not do it without the good knowledge of it. we should seek for the knowledge of what we want to do before we even start doing it. Even when you are already doing something doesn't mean we can not renew it look up to how things are in our modern day compare it with the way you do yours and then change to the one that best suit you.