Kia Ora,
Well the 'Angry Man' has given me a bit more to write about as I go through his emails of complaints.
On going back to see what else the complaint email contained was the claim that I was not an investor.
Who designates what an investor is? Ideally an investor say in property is in it for the long term, but as I study more & more I find in different areas you can be an investor & the time considered long term can be very short.
So have I been an investor & can I comment on the type of things I have been?
I would say yes just not so far a successful one, but then that is how you learn, making mistakes.
Originally on working in Iraq I knew for my plans to work I needed to be in property, first big mistake was not getting the right advice ( & a better accountant), but probably most of all was not reading this book I had heard about. Rich Dad Poor Dad. Things would be certainly going a lot better right now if I had.
So as much as giving education these blogs as I think I have said before are about showing my mistakes, why make them when you can learn from someone elses.
To make things work though I have looked at trading options to give me a cash flow, a couple of MLM (multi level marketing) ideas, continuing on with my businesses, of course property investment (hardest part here is finding the financiers who understand what you are on about, it doesn't fit the modern banking model & why the world is in trouble) & more lately investment in gold & silver along with using the internet including writing my blogs to create cash flow.
So am I an investor. Yes. Have I been successful at it? Not yet.
But then there is the one way to get rich fast as often quoted by Robert Kiyosaki; "Fail faster!"
But then as 'Mr Angry' seems to be, someone who is fixed on the requirement to have a formal qualification, failure is not an option.
Luckily Thomas Edison was asked to leave school as he could not be taught & then failed 10,000 times in his bid to invent the light bulb.
In the real world we fail, in the unreal academic world failure is not acceptable. That seems to part of the problem with young people these days as the education system now seems to teach that no one is a failure.
Will I succeed? I don't know, but if just one person learns something from my blogs to allow them to make a difference in the world then surely it is worth it.
What also seems to be missed in the complaints is if something is been said that challanges the norm, then do your own research.
All the people I have followed in the course of my personal financial education have said the same. They will show you, but do your own homework. Never believe anybody.
The other point is even in your own mistakes, there are always lessons to be learnt.
Working on your own financial education is always going to be a challenge. Some will find it easy, others of us will start great then crash to pull yourself up & try again.
Saturday, May 29, 2010
Who designates what an investor is?
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