Wealth - Curse or Blessings?

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#1
Wealth can be a blessing as well as a curse.

Curse.
It's a curse if you are so rich that you don't know what to do with your life. You just bum around. You are sick of all the material things, foods & drinks, red light districts, entertainments etc, because you have over indulgence in all these every day; So much that you can't take it anymore; that drive you to a druggery to experiment with drugs to see whether the drugs from the druggery will get you out of this druggery life of yours.

Blessings
It's a blessing when you continue practising what you do with your life before you become a Millionaire by your sweats or by your father's good fortune. This i think is the ideal practice of "wealthy living" as described by
Mark Twain and Charles Dudley Warner:-

"Having only riches enough to be able to gratify reasonable desires, and yet make their gratifications always a novelty and a pleasure, the family occupied that just mean in life which is so rarely attained, and still more rarely enjoyed without discontent.”

Therefore even you are a millionaire now you shall live like before you are one in order you can enjoy the maximum benefits of wealth over again and again. Never, never over-indulged with your wealth.

Friends,
How are you going to live your lives if you are more than a Millionaire now or you are financially free now? Have you thought of it? Are you prepared?

On the other hand,

“Nobody has the excuse of ‘lack of money’ for not being at peace and living in integrity,”
“If they choose to live otherwise, that’s their business.”
Anonymous.





WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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#2
wealth is but a tool only, it's the mind that matters most.

Having more of this tool CAN inspired more minds.. Smile

Think positive! Big Grin
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
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#3
if you become rich suddenly like touch lottery. Do not tell your spouse your partner your siblings parents or friends - nobody - keep quiet "shhhhh"

If you feeling charitable be anonymous put the money in their letterbox or something but don't tell a soul Big Grin
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#4
(18-07-2011, 01:14 AM)sgd Wrote: if you become rich suddenly like touch lottery. Do not tell your spouse your partner your siblings parents or friends - nobody - keep quiet "shhhhh"

If you feeling charitable be anonymous put the money in their letterbox or something but don't tell a soul Big Grin

Ha! Ha!
No, don't put the money in the letter box, the postman may benefit first before your spouse. It's O. K. to buy her a little present which she has been thinking of for days, years; which she is not willing to part her money for.Big Grin
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#5
"How much is enough?
Enough looks different to each of us. It’s not just different amounts of money, but different types of wealth. For me, enough is having my home paid off and cash set aside to let me buy books and go out to dinner with my wife once in a while. For you, enough may mean living in a small apartment but owning a boat and having the freedom to sail for months at a time.
To find enough, you have to set goals. You have to look inside to find your values. It can take months or years to get clear on what makes a meaningful life for you, but after you’ve done this, you can make choices that reflect your priorities.
After all, that’s why you’re doing this. You’re not building wealth just so you can bathe in buckets of cash. You’re building wealth so you don’t have to worry about money, so you can pursue your passions, and so you can spend time with your family and friends.
Remember, my friends: True wealth isn’t about money. True wealth is about relationships, about good health, and about continued self-improvement. True wealth is about happiness. Ultimately, it’s more important to be happy than it is to be rich."
FROM,
GET RICH SLOWLY.
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#6
From: Get Rich Slowly
13 steps to a better life


What does all this mean to you? If money won’t bring you happiness, what will? How can you stop making yourself miserable and start learning to love life? According to my research, these are the thirteen actions most likely to encourage happiness:

1. Don’t compare yourself to others. Financially, physically, and socially, comparing yourself to others is a trap. You will always have friends who have more money than you do, who can run faster than you can, who are more successful in their careers. Focus on your own life, on your own goals.

2. Foster close relationships. People with five or more close friends are more apt to describe themselves as happy than those with fewer.

3. Have sex. Sex, especially with someone you love, is consistently ranked as a top source of happiness. A long-term loving partnership goes hand-in-hand with this.

4. Get regular exercise. There’s a strong tie between physical health and happiness. Anyone who has experienced a prolonged injury or illness knows just how emotionally devastating it can be. Eat right, exercise, and take care of our body. (And read Get Fit Slowly!)

5. Obtain adequate sleep. Good sleep is an essential component of good health. When you’re not well-rested, your body and your mind do not operate at peak capacity. Your mood suffers. (Read more in my brief guide to better sleep.)

6. Set and pursue goals. I believe that the road to wealth is paved with goals. More than that, the road to happiness is paved with goals. Continued self-improvement makes life more fulfilling.

7. Find meaningful work. There are some who argue a job is just a job. I believe that fulfilling work is more than that — it’s a vocation. It can take decades to find the work you were meant to do. But when you find it, it can bring added meaning to your life.

8. Join a group. Those who are members of a group, like a church congregation, experience greater happiness. But the group doesn’t have to be religious. Join a book group. Meet others for a Saturday morning bike ride. Sit in at the knitting circle down at the yarn shop.

9. Don’t dwell on the past. I know a guy who beats himself up over mistakes he’s made before. Rather than concentrate on the present (or, better yet, on the future), he lets the past eat away at his happiness. Focus on the now.

10. Embrace routine. Research shows that although we believe we want variety and choice, we’re actually happier with limited options. It’s not that we want no choice at all, just that we don’t want to be overwhelmed. Routines help limit choices. They’re comfortable and familiar and, used judiciously, they can make us happy.

11. Practice moderation. Too much of a good thing is a bad thing. Its okay to indulge you on occasion — just doesn’t let it get out of control. Addictions and compulsions can ruin lives.

12. Be grateful. It’s no accident that so many self-help books encourage readers to practice gratitude. When we regularly take time to be thankful for the things we have, we appreciate them more. We’re less likely to take them for granted, and less likely to become jealous of others.

13. Help others. Over and over again, studies have shown that altruism is one of the best ways to boost your happiness. Sure, volunteering at the local homeless shelter helps, but so too does just being nice in daily life.
Remember: True wealth is not about money. True wealth is about relationships, about good health, and about continued self-improvement.



WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply


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