Posts Tagged ‘How To Make Money Run After You Part 1’

Today, I want to share a very special topic — How to make money run after you. This is a topic that I have never shared with the public before now. It is I believe something that anyone and everyone can and should benefit from, especially those who have been looking but could not yet to find a job. For those working very hard but still not having enough to make ends meet. For those who are stressed out with not having enough money, and are becoming desperate, this article is for you.

Don’t think for one second that because the world is in financial crisis that there is no more money going around, the truth is far from it. The fact is, the world is literally overflowing with money.  It may not seem like it to you right now my dear reader but read on and let me enlighten you.

Always remember this: Money is never destroyed, only transferred.

Wealth, on a daily basis is constantly being transferred from those who do not know how to handle money to those who know how. Even, and most especially, during financial crisis, does what I just said hold its truest meaning. My goal in this article is to make you one of those people where wealth is transferred to and not taken from.

First let me take the most recent financial crisis, break it down for you and explain how wealth was transferred in relatively simple terms, then let me show you the steps to take today so that we begin the process of “wealth flow”.  This article will be the first of a series, and after each article I will give you an activity or task to do. If you seriously want money to run after you, I strongly recommend that you follow the assignments for every article and give me feedback every step of the way.

In the most recent financial crisis in the US that started June of 2007 and reached its peak in October of 2008, the US stock market and consequently the Philippine Stock market had lost more than 50% of its value. Most people panicked and took out their money, or whatever that was left of it for fear of losing even more. When they did that, they lost half of their wealth in just a few short days, which took almost a lifetime to build. As of September 29, 2008 according to CNN money, approximately $1.2 Trillion dollars was wiped out in the US alone.

Let me repeat: The money was not lost. It was merely transferred.

During the same crisis, there were a few, very few brave souls who bought those stocks at extremely low prices. They held on to it, and became a whole lot richer overnight.

**Warning: Do not get overwhelmed with what I’m going to share next; Even if my examples are in Billions of US dollars, the principles that I want you to pick up, will and can be applied to your situation. Also, and more importantly, do not put in everything you have in any investment vehicle because of this. This is not the point of my example**

In the US, the most notable figure to do this of course was Warren Buffet who at the time bought a significant chunk of shares of Goldman Sachs in September 2008. Despite the odds and the panic, Buffet bought those shares at basement bargain prices, He invested $5 billion, held on to it during the worst of the crisis (which was October 2008), and turned it into $8.7billion just recently. Another similar story, although he did not buy stocks but rather bet against them (a.k.a. short trading), John Paulson of Paulson and Co. made a killing betting against the US subprime mortgage market. He made $4 Billion after the worst of the crisis was over. Although Buffet and Paulson were the few covered by the media, there were more who made a killing as well, the public at large just didn’t know it.

Okay, you might be thinking well those guys are professional investors, how can I ever come close to doing that myself? Well, first let me explain that this is just one of many, many examples of “wealth flow transference”. You don’t have to be in stocks or investments to apply what I will be teaching you in the next few articles. And for those of you who know me and have been following my many articles, you know that I will teach you how to do it in a very practical and “anybody-can-do-it” way, so please, read on.

Also, I will not be saying that you cannot be a billionaire, I will leave that option wide open for anybody willing to try, but before we think about billions, or even millions, let’s first come back down to earth and start with the basics.

How and where do I begin?

I’m designing this and the succeeding articles to be very thorough and slow so that you not just understand it but experience it by applying it into your life, article by article. Of course you can go faster if you wish and I will inform you how to do that in the very, very near future.

In the meantime, this should be your first “realization” for this article– Running after money if you do not know how to manage it will result in forever chasing after money. Get your house in order first, build a strong foundation for money management first and you will see that the money will start running towards you and staying with you!

Now to learn and apply this lesson, here are your first assignment(s)

  1. Go to my blog http://www.markso.wordpress.com and subscribe to it (There is a space on the left side to input your email address)
  2. Search for, read, and comment on the following articles in the search box of my blog (Type it in the search box)
    1. “The Most Important Advice About Money I can Ever Give You” (You may have to scroll down the list to find it)
    2. “Money Management Simplified part s 1 to 3”  (You may have to scroll down the list to find it)

Good luck and see you in the next article!

 

Author Box:

Mark So is a fervent businessman, Investor and educator.  He is the Chairman and CEO of Businessmaker Academy—a business, finance and corporate training center.  He is the founder and Chief Forex Trainer of Forex Club Asia, A Trading club of Forex Traders across Asia. He is also the Founder and Chief Trainer of the Philippine Franchise Institute which specializes in training and growing existing Franchise businesses.  A sought after speaker for business, investing, You may email your comments and questions to:   mhso@businessmaker-academy.com or call the office at 6874445 / 6873416 / 6874645 for a schedule of his seminars

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