How many times have you ever told yourself that one? Have you ever included in your New Year's resolution that you'll start investing this year which was until now you haven't started yet even though that was 2, 4, or even 10 years ago?
Let me guess what could be the reason why it is being delayed....1) Is it because you don't have cash to invest? 2) Is it because you have no time to invest as you are so busy on your 8 hour - 10 hour job? 3) or you don't know where to invest your hard-earned money? 4) None of the above or all of the above?....
1) I don't have cash to invest
Yeah right! You don't have cash to invest because you were able to use it the last time going somewhere like Hong Kong, Singapore or Boracay. You were always in Starbucks and malls. You have the latest mobile phone every other month.... Yes, you "really" don't have cash to invest...
But why do the house helpers and driver of Bro Bo Sanchez have cash for investing in stocks? Does that mean they have more money than you? Have you ever check where did your last month's salary go?
2) I don't have time to invest
Ok, you are so busy the whole day in your work... or are you really busy? I bet most of you who have internet access in your work usually check out your favorite social networking site very often. Even me, I sometimes check mine to see if somebody commented on my blog link.
Are you the type of guy/gal that after work which is usually around 5 pm off you go with your friends to have a drink of stroll somewhere and you just go home straight to the bed? Gee, you "really" don't have time to invest.
3) I don't know where to invest
So who is the latest boyfriend of Marian Rivera or Shaina Magdayao? I bet you know them very well. How about the latest intrigue between Sharon Cuneta and Aga Muhlach? Or did somebody made peace already with Toni Gonzaga? Or did this couple get married in India?
You know all of these or most of these items I think because you always browse the entertainment section of your favorite newspaper, website or magazine. So how come you don't know where to invest, my friend?
4) All of the above and a whole lot more!
Ok... So what to do habibi? Maybe you really don't want to invest your money.
If you are serious in your plan to invest then you have to do something. I have some suggestions for you to make your plan to invest become a reality;
a) You should know the difference between NEED and WANT... Do you really need to go to Singapore now or you just want to go there? Do you really need to buy the new smartphone or you just want it to look cool among your friends?
Wants are often distinguished from needs. A need is something that is necessary for survival (such as food and shelter), whereas a want is simply something that a person would like to have.
A need is something you have to have, something you can't do without. A good example is food. If you don't eat, you won't survive for long. Many people have gone days without eating, but they eventually ate a lot of food. You might not need a whole lot of food, but you do need to eat.
A want is something you would like to have. It is not absolutely necessary, but it would be a good thing to have. A good example is music. Now, some people might argue that music is a need because they think they can't do without it. But you don't need music to survive. You do need to eat.
Now that you know the difference between WANT and NEED, then you will be able to save some extra money for your investing plan. You can decide whether to spend your cash or use it for investing.
b) You have the time to invest. Always remember that. If you have so much time to go to malls, partying with friends, watching soap operas, chatting etc... then why don't you cut some time from those and allocate them to think and plan about investing?
c) There are so many ways to invest your money. You may start a business, invest them into mutual funds, T-bills, bonds or stocks. All you have to do is browse the internet and you can get all the information that will help you decide what investment suits your interest and risk appetite. If you can search the latest intrigues inside showbiz, then why can't you search something for your financial freedom?
Lastly, for me it will still depend on you whether you invest your money or spend it because it is yours. If you choose to invest it, then be sure where to invest it because there are lots of options for you and risk is always there. Just open your eyes and use your spare time to plan, research and put your plan into action.
So when are you going to start investing.... SOON?
"He who has a bountiful eye will be blessed..." < romer is ayeckanic, ayeckanic is romer > Ayeckanic™