"Some people worship position and wealth, some power or worship heroes, who
are riven by disputes and disagree with them, can not be united on these ideals,
but they all worship money," he said ..
With these words opened by the philosophy of money, mark Twain
famous writer, scholar, adventurer and soon, and he was also an avid
buyer and seller of shares, raising his considerable wealth, and in
this book reveals the wisdom of Mark Twain Androleik outstanding and
intelligence in Hinter fifty lesson on the correct management of
human and twenty-century atheist Money, begins every lesson to see a
current example of a model or insights derived from the book Mark
Twain, and then expand to cover in detail how to build wealth and
plan for the future and ensure the enjoyment of the fruits of wealth
and abundant.
The worst and best times to invest
The writer finds that, while ordinary investors should buy shares in the long
term with caution and ignore market timing, but it should understand the
ingredients on the functioning of the market, namely:
The stock market for its frequent movement and the tendency emerging in the
market to be more gradual, while the reverse movement can occur in steep decline
and very well, then that the abundant money supply and interest rates low and
use the strong employment and political and economic stability are all
stimulating pulse of the market.
The scarcity of money and high tax rates and interest rates and unemployment and
surprises that occur at the international level is to identify certain elements
of the times and trends in investor equity ..
Plan for investment and savings
There are useful ideas for the success of any plan for investment and savings,
including:
- Money deducted automatically from the mandatory salary.
- Expansion of points in a savings to investment through a capital investment in
the shares of several investment funds such as common.
- There must be taking the necessary preventive measures of telling lies and
rumors, and this is the assumption that any investor information received is not
one hundred percent correct. Before the survey and research, direct contact
administrator of the company or product or service or function to the validity
of the information.
The writer decides that there is no one form is true for the distribution of
financial assets, but you choose one that fits your personality investment, the
moderate investor could invest 65% of its portfolio in cash equities and 25% in
bonds and 20% of the cash, and offered some surprises, but does not Prevents
anyone from filling sleep at night.
Adventurous investors may prefer to invest 85% of the portfolio in equities and
10% in bonds and 5% of the cash.
Between the author and banks
Famous writer, saying "the bank is the person who gives you the
umbrella when the sky is clear and wants to recover the moment of
rainfall," a pessimistic view, it should be borrowers from banks to
examine the investment process well before the entry, brief review
of the bank and ensure a reasonable interest rate (according to the
rules West) and to ensure the ability to control the reimbursement
process and all precautions must be taken into account.
The investment today is a game enjoyed by many people, the game has
major implications for the financial well-being of one, now there
are many excellent tools and methods and programs computers and
electronic networking sites can benefit from all this investment, so
be always holds the track record of success I was Does not have
investment hard eventually lead either to retire or to leave (hub)
of money to a large inheritance after death.
Your finances are not diverted to a game of luck
The popularity of credit swept America since the era of Mark Twain,
Americans today occupy first place at the level of borrowing in the
world, the model of modern family living under the burden of heavy
credit card debt. The investors who are concerned about the debt are
in many cases they are forced to accept greater risks in the
investment strategy, in an attempt to define the difference, but
that does not benefit is not possible to pay off all debts, try a
systematic and progressive reduction of debts outstanding bill every
month . No individual has the intelligence and tact at all times,
but we can at least be worthy of respect, do not turn to villains
because we feel that Jairon creditors do not deserve respect.
Family budget
Some people worship office and wealth and power, some worship heroes, and others
believe in God alone, they disagree and can not disputing that unite around
these ideals, but they are all different, including live weight of money in
their lives, have always been fascinated with Mark Twain sway money, and
described its impact on the lives of strong People in many subjects, human
nature has not changed in today's world is still the appearance of wealth in all
important what the meaning of the word.
It is important to formulate a family budget should be studied to see commitment
to its articles, start spending actually control how carefully, including the
pocket money that some people forget about it, can be used book (Professor)
simple or comprehensive financial program on computers to track spending usually
Accurately calculate your percentage of your income that goes to various
expenses, for example, better not spend more than two thirds of your income on
monthly necessities such as food, housing and other benefits, try to keep the
monthly bills and debt within 10% of your income, once you know all the figures
reduced Expenditure ... I work on the formulation of a realistic family budget
when you have some limited objectives achieved varying the duration of such
holiday or buying a car or education of children or live in a quiet life, once
designed these objectives can be achieved towards the disciplined way, put your
mind to Each working day were not something you want to do, this is the golden
rule for acquiring usually do the job without suffering.
With investors continuing search for the next new, it is easy to
overlook the investment-based secretariat and the obvious sound and
rational logic there was no secret formulas or magic balls claims
staring into the future, He threw a lot of investors the past behind
them - we must take into account the beliefs of And the views of
experts who have the philosophy staying power and resilience, and it
seems they always find the specific point when others fail to
detect.
Self-investment and resolution
Do not yielding to the herd instinct, it was Mark Twain select
preferences of society and investment world in general, also
developed his attitude toward money is most likely based on what has
suffered through difficult times experienced by, but retained the
sense of discriminatory always tend to advanced technology or future
following , The investor must take the decision himself up and
active follow-up to determine the expenditures required to fund the
investment with precision.
Conclusion
It remains for us to conclude our review of this book useful playing in the
famous words Write to us! Outcome age:
The program, which is the subject of guided things in reverse, and life must
begin with aging and their wisdom and accumulated ammunition and ending youth
card and capabilities to enjoy those benefits and advantages wonderful, but
depending on the nature of things now, one dollar in the era of young people can
buy you a hundred pleasures, but you Can not get it, and when aging owned and do
not find something worth the buy, it is the first compendium of life half a
capacity to enjoy it without having the opportunity, and the other half composed
of the opportunity without the ability .. rich or poor, Mr. Marc enjoyed his
life to the ears At all stages and conditions, money and form one part of his
life, but he was valued and important and might serve as a lesson and learn from
the many through.
|
