Saturday, July 26, 2008

How to make money... lots of it

So I went to a talk today about $$ planning. After the talk (which was pretty entertaining ... I was worried that I might /thud /snore /drool), I was mulling over it...

So basically, here are some of the ways to make $$
1 - Business
2 - Investment
... Got some other lah but I can't remember..

Out of investments there's
1 - Property
2 - Stocks & Shares
3 - Wine
4 - Zurich ..
5 - Other weird shit....

So I was thinking ... how best for us peons to earn the most $$? To me, it's either business or property... Stocks & shares depends on your capital (and/or how much you leverage it), and it depends on your trades..

The speaker succeeded (initially) on property. It pretty much seems like the way to go, but needs knowledge and timing .. and balls I guess. Take a huge loan to buy a flat... especially if you're not buying for your own. And if you're buying purely for investment, you'll need to buy private unless you're >35.

Business need risk taking ... But nowadays it's not hard to open a business? Just require bigger balls. Lol.

Time to do due diligence....

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