Sunday, July 14, 2013

Investing for the Future

So lately I've been trying to change my lifestyle for "self improvement" purposes. After all these years I am finally able to see the glass half full rather than my previous pessimistic mind. Even if I'm not at the best position in my life at the moment but I have all the energy that hopefully can make me a better person in life. I came across this quote specially made for those born on the 11th of May and had to admit that there was a tinge of truth in it somehow

"The way forward is…
to understand that isolating yourself from other people removes you from potentially beneficial and diverse influences"
Holy shit! I really have to get myself out of the house. 
Since I've taken some interest towards "trading" (buying and selling of equities, funds etc) and have been educating myself with various books which I bought using my BR1M vouchers (yay! free books) I decided to "educate" myself even further by attending "Invest Fair 2013". It was held in KL Convention Centre and it was from 9 am to 6 pm. I took the timing rather seriously, upon finding out that it was not like those fairs where there's just booths around and all. There were talks going on and I was rather disappointed to have missed a few good ones on Saturday (It was a 2 day fair). So there I was among the handful of "old" people that did show up on time (Heck, if you think 9.30 am was on time lah). It was so freaking awkward because several promoters from various investment banks kept approaching, asking to open an account and I had to embarrassingly explain myself that I was a noob and no idea what they were talking about. But that is the point of coming to the fair am I right? You wouldn't know what you don't know unless you go out and discover it yourself. I can't be expecting myself to learn all that's necessary in trading on books and the web.
So yeah, after going through some boring talks in the morning (like "ASEAN and its opportunities" yada yada), noon came and the good ones were about to start. But Aiyo!! by the time the interesting and useful talks started my mind was already heavy from absorbing whatever I could take from the earlier sessions which made me lost my concentration so much I really couldn't benefit from some of the useful tips given by those trading coaches. Seriously, I wouldn't mind joining all this trading lessons because I really want to learn how to trade, that is if money is not an issue. Adding up all my savings and the money I have in my wallet it barely nears the cheapest course they could offer. Mostly were nothing more than RM 10k and I'm not earning. How am I too afford it? :(

As a student with no monthly income at the moment, all I have is just time. And time is what Robert Kiyosaki said that the rich invest in because it doesn't take money to make money. So taking the advice of this millionaire and judging by my financially poor state all I could do right now is just do something with my time and create wealth out of it. I hope it would be fruitful but I have to bare in mind that I should be doing something that I love and not for the sake of money. I love doing research and for the past one month I've been studying on tips and commonly used strategies in the stock market. But the sucky part bout doing is that you're not putting yourself in that position to trade. That's before I found wallstreetsurvivor.com. YET, I still am afraid to trade even if they've given a virtual 100,000 dollars prior to signing up *face palm*

Oh well, I could be of worth if I spend my time on squidoo which I intend to write there despite of having really bad style of writing. I write as how I would verbally say it. Whatever, I dunno. I should give myself a shot and not be afraid of what others have to say about it.

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