Private Wealth Architect | High-Trust Planning for Business Owners & Professionals

  1.  FIND YOU PASSION A successful entrpreneur understands that money isn't the purpose or the goal. Instead,  it's about  passion . New entrepreneur are to discover their passion - passion will inspire you to work through the hurdles that come your way. Love for your enterprise will give you the purpose and motivation to continue moving forward.   2 .  CULTIVATE RELATIONSHIPS No entrepreneur can do it alone. Getting to know people before you need them  is the   mantra. If a gap in knowledge or experience hinders you from developing that  relationship,  find a way to bridge that gap.   3 . DEVELOP A GROWTH MINDSET    The most critical skill you can develop is a growth mindset. A growth mindetset is the  idea that one's most basic abilities can be developed through dedication and hard  work  and a love of learning .   4 .  ELEVATE YOUR RESILIENCE    Ther...

 These are only for STOCKS. Not for INDEX ETFs.

 Stock markets are affected by SENTIMENT and EARNINGS. However, over long term, EARNINGS which is the fundamental shall always override SENTIMENT.

 

 

  Practice the "40 Plus Formula". This formula says that you work 40 hours per week for SURVIVAL; every thing over 40 hours per week is for SUCCESS. If you work only 40 hours, all you will ever do is survive. You will never get ahead. You will never be a big financial success. All SELF-MADE millionaires work hard, hard, hard. They start earlier, they work harder, and they stay later. Period!

  Story by Daniel Coughlin Where people will live the longest by the middle of this century Life expectancy is increasing globally thanks to improved healthcare and hygiene, medical technology advances, and poverty reduction. In fact, the human race is steadily edging towards the ultimate lifespan of 150 years, according to recent research. There's still a very long way to go to reach that milestone, and even by 2050, massive life expectancy disparities between countries are predicted to persist. While the global average is expected to rise from 73.4 to 77.2 years by 2050, some countries, particularly in Africa, are projected to fall way short of that figure. Click or scroll on to discover the predicted life expectancy in 2050 for 30 selected countries based on data collated by   database.earth , ranked from the lowest to the highest.  All dollar amounts in US dollars.

                 Courtesy from Seaside Stats

                                     Courtesy from Seaside Stats  

Courtesy from Seaside Stats

                         Courtesy from Seaside Stats

Courtesy of DollarSprout  

 

 

 

  The most pertinent question is do we settle every stage then only move on the next stage or do we learn having the wisdom to do money allocation which will allow us to do start off at least 2 stages at a go? From experience, it would be extremely pressure and boring to complete Stage 1 then move to Stage 2. FOMO will cloud us and when things get tough, we will abandon the plan. By learning money allocation such as taught in Financial Ruler, we are able to start off Stage 1 and Stage 2 simultaneously.  The focus is to be discipline in allocating the money, not the discipline to achieve the Goal (e.g. achieving Stage 1 first then move to next stage).  While learning about money allocation, it is also pertinent to understand that we need to increase our income by increasing our knowledge and skills. Increasing the income makes a lot of things possible! Stage 1 and Stage 2 are the labouring , Stage 3 and Stage 4 are actually the fruits of the labour . Money allocation in la...