Economics of Abundance

Economics, Word of Wisdom No Comments »

With better communication technologies and world getting smaller, more and more people are getting smarter as a consumer and tend to purchase the stuff at a lower price.

And some will go extra mile just to make sure the shops do not get the profit they wanted. But is this the right way or right smartness we wanted?

Retail shops are here for a reason, with the value added service of it will be there when we need them to be and we can see, feel and try the products before we buy. So if we do not support them, and they are closed for good, is that what we are looking for?

Business is always two ways, it is a mutual beneficial relationship for both consumer and retailers.

The idea of abundance is not how much money we keep but how much money we keep it flowing. Its just like blood in our body, we do not want it to stop flowing and stored aside in our body, but to healthily flowing and carry oxygen to every part of the system.

Think about it. The more we spend, we will earn more. The more you give, the more you will receive.

Easy come, easy go. It applies for hard as well - you would not want to be the one who is earning your dough the hard way, so why give others hardness in life?

Food for Thoughts #1

Economics, Word of Wisdom No Comments »

Money will shrink in value if you keep it over time. Money is a means for exchanging goods and services, by itself it doesnt’ have any value.

The definition of rich is not the amount you have saved, but a system that keeps on generate more than enough for you to spend.

A Banker is someone who will only give you an umbrella on a sunny day.

A great investment is when you can make more money with less risk involved.

101 Ways To Make Money Online

Business, Internet, Word of Wisdom No Comments »

Each method is summarised in a single small paragraph so appreciate it’s not the complete unabridged version. And, no, I haven’t tried each one so out of the 101 business models here 102 may be completely dud. But, I do intend expanding - in due course - on some of the ideas that worked for me.

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Getting Started on Stock Market

Investment, Stocks, Word of Wisdom No Comments »

INTRODUCTION

You probably already know that, over the long term, the stock market generates returns higher than any deposit account. Using figures adjusted for inflation, the stock market has returned an average of 8.2% a year since 1918, while cash in the building society would have generated just a 1.6% annual return over the same timescale. Indeed, over any ten-year period since 1918, the stock market has beaten cash 97% of the time.

So, with that outperformance in mind, have you just set up your online dealing account to help start improving your investment returns?

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The Art of Money Getting or Golden Rules for Making Money

Business, General, Word of Wisdom No Comments »

by P.T. Barnum

In the United States, where we have more land than people, it is not at all difficult for persons in good health to make money. In this comparatively new field there are so many avenues of success open, so many vocations which are not crowded, that any person of either sex who is willing, at least for the time being, to engage in any respectable occupation that offers, may find lucrative employment.

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