1st feb 2009($$$$) once again

I once heard a story about a wealthy man who told a construction worker to build a four storey house without the first three level. In the end, the house which the construction worker built for the wealthy man collapse with the wealthy man inside it.

Sometime i wonder why so many people(including me) find it hard to tackle life's problem when so many of our folklore story told to us in school content so many moral behind it.

The reason why i told the story above because I'm going to BUST the bigger myth that a lot of people believe and that myth is the "rap to riches myth".

This myth are uses by a lot sale people as a tactic to convince their listener.

it true that poor people does become well doing but in a very slow,DARING,LOGIC and stable manner.

The rule of money is
"the poor will become poorer, and the rich will become richer"
This is the money grow money theory which is investment,which is by a daring and logical manner

"the poor will only become richer by learning how to manage money"
This is the theory of budget and saving which is the slow and stable manner.

i found some very interesting thing on the net. It the story of bill gates.

Everybody know the story, he is a hardworking guy who drop out of college and create his own wealth by selling his own computer operation system.

The truth in detail is, he drop out of a college called Harvard and his family funded him a computer to start his experiment on the operation system.To own a computer at the late 60's and to get into Harvard college means his parent is super rich!! source:
http://www.cracked.com/article_16989_6-inspiring-rags-riches-stories-that-are-bullshit.html

So next time if any body tell you that you can get super rich from super poor just by follow certain instruction such as buying his product, following his way, buy this house. i strongly suggest that you do your own research and own planning.

the best thing is to analysis what is the need of this "wise guy".

What about shares?

to be honest i was luckily that nobody told me that they could made 30,000 SDG in profit in a day or else i would feel like either to kill that guy or dig a hole and hide my head for even to listen to him.(Got one guy told me his friend can made 10,000 SDG a month working in refinery just by getting a uni Cerf.I wonder what the company turn over is going to be like if they are going to give their worker their AWS of 4 month when each of them earn above 2000 dollar each month. prehap telling that uni grad to manage the whole waste water treatment plant single handed would be more logic )

The more money you want to win in share mean the more money you will have pump in, the higher the input the harder it is to win back the loss compare to those who put lower input.beside you can only put in sdg 20,000 for one share. which mean you got to analysis more than three to five share just to earn that 30,000 in a day.

Profit about 4000 dollar to as low as 100 dollar a day is possible if one isn't greedy in playing this game of short term investment. i saw people losing 10,000 dollar and people winning 600 dollar a day.

Adding up the profit and loss in each of this input of money into one's pocket show that you still need at least 3 year to be every rich. if one can resist the temptation of not buying anything on loan.

Unless one is talking about total financial freedom such as passive income.Then becoming very rich is possible.

I would suggest the best place to start becoming good in managing wealth is:
1.Popular bookshop to buy book that can advise you
2.library to borrow those books
3.Attend a financial seminar, it worth every cent, some is Free!
4.Go and get a Cerf in learning how to sell finance stuff(i believe it in suntec city area) https://www.scicollege.org.sg/newsCGIBnDGIB.asp
5.Get a rich friend(not those who said they are rich)
6.If your parent is holding a low pay job and able to feed the whole family, learn from them.
7.Go to this blog http://singaporeprofit.com/ to learn about what you need.
8.Attend trading course

Get a financial planner only after you know the basic of managing wealth and knowing what you want from them.(if you don't know what you need, then they will know what they need from you)