Sunday, 28 Dec. 2014
Investment Insight for Today by Rolly Custodio
How to divide Your Monthly Income by Li Ka Shing (Chairman MPI Hongkong & Cheung Kong Holdings)
Insight for Today:
Below are the table of the 2013 Top 10 Richest Men in the World. Please see the highlighted yellow color.
No.
|
Name
|
Age
|
Source(s) of wealth
| ||
1
 |
Carlos Slim & family
|
$73.0 billion
 |
73
|
Mexico
| |
2
|
$67.0 billion
|
57
|
United States
| ||
3
|
$57.0 billion
|
76
|
Spain
| ||
4
 |
$53.5 billion
|
82
|
United States
| ||
5
|
$43.0 billion
|
68
|
United States
| ||
6
|
$34.0 billion
|
77
|
United States
| ||
7
|
$34.0 billion
|
72
|
United States
|
Koch Industries
| |
8
|
$31.0 billion
|
84
|
Hong Kong/Canada
| ||
9
|
Liliane Bettencourt & family
|
$30.0 billion
|
90
|
France
| |
10
|
$29.0 billion
|
63
|
France
|
No matter how much you earn, always remember to divide it into five parts proportionately. Always make yourself useful.
- Li Ka- Shing (2013 Top 8 Richest Man in the World)
Suppose your monthly income is only RMB 2,000, you can live well. I can help you put money into five sets of funds. The first $600, second $400, third $300, fourth $200, fifth $500.
The first set of funds is used for living expenses. It’s a simple way of living and you can only be assigned to less than twenty dollars a day. A daily breakfast of vermicelli, an egg and a cup of milk. For lunch just have a simple set lunch, a snack and a fruit. For dinner go to your kitchen and cook your own meals that consist of two vegetables dishes and a glass of milk before bedtime. For one month the food cost is probably $500-$600. When you are young, the body will not have too many problems for a few years with this way of living.
Second set of funds: To make friends, expand your interpersonal circle. This will make you well off. Your phone bills can be budgeted at RMB 100. You can buy your friends 2 lunches a month, each at $150. Who should you buy lunch for? Always remember to buy lunch for people who are more knowledgeable than you, richer than you or people who have helped you in your career. Make sure you do that every month. After one year, your circle of friends should have generated tremendous value for you. Your reputation, influence, added value will be clearly recognized. You’ll also enhance your image of being good and generous.
Third set of funds: To learn. Monthly spend about RMB 50 to RMB 100 to buy books. Because you don’t have a lot of money, you should pay attention to learning. When you buy the books, read them carefully and learn the lessons and strategies that is being taught in the book. Each book, after reading them, put them into your own language to tell the stories. Sharing with others can improve your credibility and enhance the affinity. Also save up $200 per month to attend a training course. When you have higher income or additional savings, try to participate in more advanced training. When you participate in good training, not only do you learn good knowledge, you also get to meet like-minded friends who are not easy to come by.
Fourth set of funds: Use it for holidays overseas. Reward yourself by traveling at least once a year. Continue to grow from the experience of life. Stay in youth hostels to save cost. In a few years you would have travelled to many countries and have different experiences. Use that experience to recharge yourself so that you’ll continually have passion in your work.
Fifth set of funds: Invest. Save the $500 in your bank and grow it as your initial startup capital. The capital can then be used to do a small business. Small business is safe. Go to wholesalers and look for products to sell. Even if you lose money, you will not lose too much money. However, when you start earning money, it will boost your confidence and courage and have a whole new learning experience of running a small business. Earn more and you can then begin to buy long-term investment plans and get long-term security on your financial wealth being of yourself and your families. So that no matter what happens, there will be adequate funds and the quality of life will not decline.
Well, after struggling for a year and if your second year salary is still RMB 2,000, then that means you have not grown as a person. You should be really ashamed of yourself. Do yourself a favour and go to the supermarket and buy the hardest tofu. Take it and smash it on your head because you deserve that.
If your monthly income is at RMB 3,000, you must still work very hard. You must try to find a part time job. It will be great to find part time sales jobs. Doing sales is challenging, but it is the fastest way for you to acquire the art of selling and this is a very deep skill that you will be able to carry it for the rest of your career. All successful entrepreneurs are good sales people. They have the ability to sell their dream and visions. You’ll also meet many people that will be of value to you in the later part of your career. Once you’re in sales, you will also learn what sells and what not. Use the sensitivity of detecting market sentiments as a platform for running your business and in the identification of product winners in the future.
Try to buy minimal clothes and shoes. You can buy them all you want when you’re rich. Save your money and buy some gift for your loved ones and tell them your plans and your financial goals. Tell them why you are so thrifty. Tell them your efforts, direction and your dreams.
Businessmen everywhere need help. Offer yourself to do part time for any kind of opportunities. This will help to hone your will and improve your skills. You will start to develop eloquence and soon, you’ll be closer to your financial goals. By the second year, your income should be increased to at least RMB 5,000. Minimum it should be RMB 3,000, otherwise you would not be able to keep up with inflation.
No matter how much you earn, always remember to divide it into five parts proportionately. Always make yourself useful. Increase your investment in networking. When you increase your social investment, expand your network of contacts, your income also grows proportionately. Increase your investment in learning, strengthen your self confidence, increase investment in holidays, expand your horizons and increase investment in the future, and that will ultimately increase your income.
Maintain this balance and gradually you will begin to have a lot of surplus. This is a virtuous circle of life plans. Your body will start to get better and better as you get more nutrition and care. Friends will be aplenty and you will start to make more valuable connections at the same time. You will then have the conditions to participate in very high-end training and eventually you’ll be exposed to bigger projects, bigger opportunities. Soon, you will be able to gradually realize your various dreams, the need to buy your own house, car, and to prepare an adequate education fund for your child’s future.
Life can be designed. Career can be planned. Happiness can be prepared. You should start planning now. When you are poor, spend less time at home and more time outside. When you are rich, stay at home more and less outside. This is the art of living. When you are poor, spend money on others. When you’re rich, spend money on yourself. Many people are doing the opposite.
When you are poor, be good to others. Don’t be calculative. When you are rich, you must learn to let others be good to you. You have to learn to be good to yourself better. When you are poor, you have to throw yourself out in the open and let people make good use of you. When you are rich, you have to conserve yourself well and don’t let people easily make use of you. These are the intricate ways of life that many people don’t understand.
When you are poor, spend money so that people can see it. When you are rich, do not show off. Just silently spend the money on yourself. When you are poor, you must be generous. When you are rich, you must not be seen as a spendthrift. Your life would have come full circle and reach its basics. There will be tranquility at this stage.
There is nothing wrong with being young. You do not need to be afraid of being poor. You need to know how to invest in yourself and increase your wisdom and stature. You need to know what is important in life and what is worth investing in. You also need to know what you should avoid and not spend your money on. This is the essence of discipline. Try to avoid spending money on clothing, but buy a selective number of items that have class. Try to eat less outside. If you were to eat outside, do make sure you buy lunches or dinners and foot the bill. When buying people dinner, make sure you buy dinners for people who have bigger dreams than you, and work harder than you.
Once your livelihood is no longer an issue, use the remainder of your money to pursue your dreams. Spread your wings and dare to dream! Make sure you live an extraordinary life!
Famous theory from Harvard: The difference of a person’s fate is decided from what a person spends in his free time between 20:00 to 22:00 . Use these two hours to learn, think and participate in meaningful lectures or discussion. If you persist for several years, success will come knocking on your doors.
No matter how much you earn, remember to split your salary into five parts. Take care of your body so that it will still be in good shape. Invest in your social circle so that you will constantly meet new people where you can learn new knowledge from. Expanding your network will also have an important impact in how much you earn eventually. Travel every year and expand your horizons. Also keep abreast with the latest developments in the industry. If you follow this plan diligently, you will soon see big surplus in your funds.
Whatever happened in the past is over. Do not dwell on past mistakes.
There’s no point crying over spilt milk. Everybody makes mistakes. It’s what you learn from the mistakes, and promising yourself not to repeat those mistakes that matters. When you miss opportunities, don’t dwell on it, as there are always new opportunities on the horizon.
Being able to smile when being slightly misunderstood is good upbringing. When you’re wronged and you smile with calmness, it is generosity. When you’re being taken advantage of and you can smile, you’re being open-minded. When you are helpless and you can do a philosophical smile, you’re in a calm state. When you’re in distress and you can laugh out loud, you’re being generous. When you’re looked down and you can calmly smile, you’re being confident. When you’re being jilted in relationships and you can smile it off, you’re being suave.
There are many people who are struggling to make ends meet. It doesn’t matter if you are rich or poor. There are lessons for all to learn from Li Ka Shing.
Again here’s the breakdown where Li Ka Shing is using;
Ex. Your income is 2,000 RMB (RMB Chinese Currency same with Yuan) converting to Philippine Peso is 2,000 RMB x P7.17/1 RMB= P14,340
1. 600 RMB or P4,302 (30%)–A simple foods (Rice,fish,vegetable,egg)
2. 400 RMB or P2,868 (20%)–Phone, clothing & dinner w/ friends
3. 300 RMB or P2,151 (15%)-Books(2.5%-5%)/attend seminar/course
4. 200 RMB or P1,434 (10%)–Savings for travel.
5. 500 RMB or P3,585 (25%)–Savings for investment/ business/ fund.
Application:
1. 600 RMB or P4,302 (30%)–A simple foods (Rice,fish,vegetable,egg)
2. 400 RMB or P2,868 (20%)–Phone, clothing & dinner w/ friends
3. 300 RMB or P2,151 (15%)-Books(2.5%-5%)/attend seminar/course
4. 200 RMB or P1,434 (10%)–Savings for travel.
5. 500 RMB or P3,585 (25%)–Savings for investment/ business/ fund.
Note: I suggest to break Item No.2 this should be only 10% because as Christian we must give our Tithes or 10% of our total monthly income for the Lord Jesus to honor Him so that His Church will continue to grow.
Application:
Money can be earned and also can be wasted easily. I'd like to quote Mr. Colayco as he said that almost Filipinos don't have savings because of their Extravagant lifestyle "One Day Millionaire". Furthermore, He said that many Filipinos spent money more than they earned and at the end of the year when they make inventory almost negative why? because they did not think of their future. I like he said that if he gives gift today for his children or grand children he will give a Mutual Fund Shares as he explains that He want to buy their future. I like that wisdom! Because if we can teach our children or grand children to divide their allowance into six parts at the time they get mature they have already enough capital or investment to use for their own business to use for their family in the future. I think Li Ka Shing is telling us that we should manage our finance wisely our finance irregardless of our age so that when the emergency comes we will not go into debt but always prepare for any emergency response and our future is secure without sacrificing our needs.
==========================================================================
MY MOST RECOMMENDED INVESTMENT PLATFORMS;
1) Forsage is 1st Decentralized Blockchain built in Smart Ethereum Contract and has been in Online Crypto Space about 124 days since inception last 6 Feb. 2020 up to this Writing (11 June 2020) has produced outstanding results below; (But Note in the Philippines only 65 Days from 6 April to 11 June 2020 we reached 20,000 Members).
224,685 PARTICIPANTS GLOBALLY
+5,551 JOINED EVERY 24 HOURS
154,897 EARNED ETHEREUM TOKENS
$37.66 M USD PAID-OUT
Forsage is Decentralized Global Paluwagan designed in Smart Ethereum Contract. In Decentralized Application System or Dapps there is no CEO, No Admin, No Third Party and No Human being involvement to scam our Ethereum token capital. Once the program is deployed in Smart Ethereum Contract in Gethub you can't get back the system or alter it but you can add the script to improve and innovate. Likewise, once you joined Forsage, your Ethereum capital will place in X3 and X4 Matrix or Cycle Program and once the cycle is completed you'll earn double of you capital in X3 Matrix/Cycle and triple of your capital in X4 Matrix/Cycle. Total 5X of your Capital in the form of Ethereum Tokens.
WHAT I LIKE MOST IN FORSAGE YOU FUND ONLY ONCE YOUR SLOT NUMBER AND YOU CAN EARN LIFETIME PROFITS EVERY TIME YOUR SLOT IS CYCLED FOR X3 AND X4 CYLCES. SO THIS IS UNLIMITED INCOME WITH ONE TIME FUNDING AND THIS IS POWERFUL COMPENSATION SYSTEM THAT NO BODY DESIGN EXCEPT LADO OKHOTNIKOB (RUSSIAN PROGRAMMER) WHO BELIEVED THAT HE IS A RELATIVE OF VITALIK BUTERIN IN MOTHER SIDE (RUSSIAN PROGRAMMER ALSO WHO FOUNDED AND DEVELOPED ETHEREUM TOKEN (RANK 2 OUT OF 5,500 CRYPTOCURRENCIES IN COIMARKETCAP NEXT TO BITCOIN)
Don't passed up this opportunity and take massive action NOW!
You can start your initial capital to finance Slot #1 to Slot #3.
Slot #1: 0.025 Eth
Slot #2: 0.05 Eth
Slot #3: 0.10 Eth
Total = 0.175 Eth for X3 Matrix/Cycle
Slot #1: 0.025 Eth
Slot #2: 0.05 Eth
Slot #3: 0.10 Eth
Total = 0.175 Eth for X4 Matrix/Cycle
Total Initial capital: 0.175 Eth x 2 = 0.35 Eth x $237= $93 + $15 Gas fee + $15 Blockchain fee= $120 or P6,000
How To Register in Forsage?
1) Using Android Phone. Download MyTrust Wallet who owned by Binance from google playstore watch this video presented by my upline. https://www.facebook.com/watch/?v=1125965491092002. After registered in your Trust wallet you must deposit minimum of 0.065 ETH before clicking my link: https://forsage.io/i/gq1pxa/ Use my ID #75780 as your sponsor to confirm during your registration process..
2) Using Loptop or Desktop: Download Meta Mask: https://metamask.io/download.html and add to your google add extension. After adding to google extension click there and create your my ether wallet address account #1 up to infinity myether wallet accounts if you wish to register your wife, children and friends who have no loptop or desktop you can use account 2, 3, 4 etc.. this you can create more ether wallet and don't forget to always save the private key for each account and after funding of 0.065 Eth you can now register here in my link.https://forsage.io/i/gq1pxa/ Use my ID No. 75780 as your sponsor.
Forsage 5 Min.Video Presentation: http://tiny.cc/forsage5mvideo
Founder and Developer of Forsage Q and A: https://youtu.be/W9-pJEGE7uk
Founder and Developer Lado Okhotnikob:
Join with us at Forsage International Eagles' Team: https://www.facebook.com/groups/257364015593059/
2) XOXO NETWORK:
Is the #2 100% Decentralized Ethereum Blockchain designed in Smart Contract. XOXO is a single straight matrix where you can refer only one people and you are done.
There are 7 Pools to join and fund each pool
using ethereum token;
Those you refer will also refer one and you are done. RefLink: https://xoxonetwork.io/register?id=11958
Note: What i'd like most in Xoxo Network if you refer two friends only your 100% capital will be returned to you and you keep earnings every cycle with one time funding only.
3) 3XCapital (Today is Pre-Launching and will normally launching on 4 July 2020) Earn 1.87% daily including Saturday and Sunday. And make your capital grows up to 300% after 160 calendar days without referral. The group of Professional Elite Traders are trading your capital using Ai-Robot and Manual Trading: https://bit.ly/3xcapital7
Interviewed by my Direct Upline Cryptodon with the 3XCapital Founder and CEO Dev Leon: https://youtu.be/DrJLAZG_X_k
Join XCapital Dev Leon at DEV in discord https://discord.gg/P5GHRms
4) Hashing Ad Space (Note: Many Fil-Am became Milllionaires already because of holding their Asimi Token Value, Asimi token is used by Hashing Ads Space when you buy ads or stake): Buy $100 Asimi Token from waves.exchange and Use for Log-in Minting/Staking and my investment grows 15% already or if you have no capital you can still join and earn asimi tokens by watching 50 ads per day: https://tiny.cc/hashingads7
Follow us in youtube channel: https://tiny.cc/youtubebeyondtrading
Follow us in Binance Philippine Team:
https://tiny.cc/binancephilippines and get 50% discount of all your trading transaction fees: https://tiny.cc/bnb50discount
For Pinoy need locat bitcoin btc wallet: http://tiny.cc/coinsph7
For Foreigners international bitcoin btc wallet: http://tiny.cc/coinbase7 or http://tiny.cc/coinpayments7
No capital? No Problem you can join here to collect your Free Airdrop coins and change it for money later after ico or ieo:
1) Free 750 Ecoins: https://tiny.cc/ecoin7
2) Free 3,600 bitcoinblack: https://bit.ly/btcblack7
Collect Free Bitcoin at Free Faucets:
1) Free coinpot, btc and altcoins: https://tiny.cc/coinpot7
2) Free cointiply coins and bitcoin: https://tiny.cc/cointiply7
3) Google chrome browser is not paying you try to download cryptotab browser while browsing you earn free bitcoin: https://tiny.cc/cryptotab7
4) Mobile Mining without affecting your wifi data and no battery drain pi network: http://tiny.cc/pinetwork7
Facebook, Twitter and Instagram are not paying you but in Minds Channel Social Media is paying you when you post, chat, share and comments and you'll received free minds token equivalent to $015 or P7.50 per token and you can change at Mainet Etherium or use to boast your ads. http://tiny.cc/minds7
Thank you for Trusting me!
Coach Rolly D. Custodio
Professional Elite Trader
World's Rank#53rd & #100th - 2019 BSAI & 2020 Binance World Spot & Futures Trading Tournament- (Participated by 10K and 25K Global Traders respectively)
Founder and Developer - 3 Up-scaling Trading Strategy
Average Winning Rate: 80% to 95%
Monthly Consolidation Profit: 20% to 60% (24 months straight)
#minds #forsage #forsageintleaglesteam #cryptopinoy #beyondtrading
No comments:
Post a Comment