Ok, another long (-awaited, I hope) post. Oh, I mean it's been a long time since I last said anything. My girlfriend also found that she's increasing lazy to post anything.
Haha. So much for that. No intention of closing the blog yet though, not like it would matter to anyone. Ok, that's random ramblings.
Recently re-read Robert Kiyosaki's "Retire Young Retire Rich" and found it so refreshing! I was honestly looking out for the section on getting insurance on trading thru options and hedging but I realised the book's about a lot more!
For one, I hope this was not repeated earlier in my entries, is this idea of content vs context. The basic question from Robert to people is this: "What level of income do you want to retire at?" And according to him, most people would be comfortable if they get 25k to 100k a year in retirement. But rarely do people reply that they want to make millions a year, or even just the 100k to 1 million a year range.
And that's an issue of context! If you can't see yourself doing it or achieving something, there are good chances you won't. I heard this somewhere before, so let me quote this. "If you think you can't, then you really can't." And that is not some far-fetched mind-altering theory. It's very logical. You see, the only time we make an effort towards something is when we believe in it. It's called "faith" by some. I have to have faith that, by working hard, I can do well academically before I'll even put effort into studying right?
Doubtlessly, we can be forced or coerced into making an effort to accomplish stuff. But that's sluggish. Motivated efforts arise effortlessly when one has the passion and belief! It's sometimes known as "fun" by some.
So faith gives you an impetus for action...and coupled with the chances of winning a certain percentage of the time, you increase you opportunities where you can succeed! Now, that's not quite far-fetched a theory is it?
Haha. Just a minor reflection on my end. Recently I had some events in my life that made me aware of the importance of choices. Cos if we always chase after stuff that we think are new and fresh and exciting, we would find ourselves never in equilibrium. It'll honestly be an endless chase. And someone told me I am a show-off. And I admit that. I admit I feel good when I can do something relatively well. I'll also admit that I love getting praised for those efforts. And I don't intend to change that. What, instead, should be my focus would be to follow principle NO. 1 in Dale Carnegie's "How to Win Friends and Influence People"...that is to lavish sincere praise on and give due appreciation to people around me. Dale said it well that people often can't go hungry for more than 60 hours, but yet can be so deprived of appreciation, hearfelt praise, and affection for 6 days, 6 weeks, 6 months and even 60 years!
Well, I suppose it's a really good time to work on that since I'm entering a new phase in my life.
And darn! I missed Clarence's forex course after waiting so long for it. Cheers to him for letting me go back for the August intake. These months I've been really blessed with many people's guidance and forgiveness.
I hope sincerely that all of us can progress towards financial capability, autonomy, and then freedom.
Monday, 9 July 2007
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