Wednesday, March 12, 2014

Where to start in pursuing your financial dreams? My dream is to be an investor. What's yours?


Lately, I've been really busy that I wasn't able to post something new here. Our college graduation is getting near as in we have less than a month to complete everything. But of course that's not the only thing I've been doing. Graduation will eventually come and college life will just be small part of the future.So what other things kept me busy this time around? You may have noticed in my last posts  that I was so passionate in learning and educating myself about financial stuff. So basically, that's what I've been doing. But actually, it's more than that. What I've been doing this past weeks is investing. Don't get me wrong. I said in my first post that I'm not rich (yet). So I'm not talking about investing in the stock market or real state or whatever. What I am investing at is myself. Yes myself. How? I am investing in myself by developing the skills I will be needing in achieving my financial goals. Now, that statement can mean many things. But here is exactly what I've been doing. Have you read Robert Kiyosaki's Rich Dad Poor Dad? If not, stop here and read the book first. Then after reading that book, read his other book entitled Rich Dad's Guide to Investing. Well, my goal is to be an investor so this books really appeals to me. But it still is a must-read for all people who have high financial goals even though not really wanting to be an investor. Well, but if you are the kind of person who wants to stay forever in your job (maybe you just love your job so much) then probably you won't need to read this book.This book contains a lot of eye-opener truths when it comes to how money works. My goal is to be in the investor quadrant and for me to go there, I have to pass first the B quadrant which stands for business! Why business first? Because in my condition right now, there is no way I can be in the I quadrant simply because I do not have money to invest yet! And even though I have a lot of money now, say I won 10M PhP in the lottery, I still will not invest. Why? Because investing is not just about percentages going ups and down. In the book, Rich Dad's Guide to Investing, it was revealed there why people like me should go through the B quadrant first.

So basically, that's where I am now, in the B quadrant. I am relatively a new player here and I am investing on skills which are necessary to be competent in this quadrant. What's my secret? Reading. That's the first advice I got from my millionaire friend. But not just reading but reading with intelligence and having visions for your goals. :)

P.S. 
You want to read now? I recommend you to read Joey Concepcion's article "Filipinos are not Destined to be Poor".

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