Thursday, April 12, 2012

Investing is a Plan

“Begin with an end in mind.”
This is what I learned from our Business Management professor during my university days, and as taken from the book of Stephen Covey’s Seven Habits of Highly Effective People.  I am a huge fan of personal finance, budgeting and investing – and this has grown even more as I started to be among the overseas Filipino workers (OFW) here abroad.  I thought that investing is merely just putting your money in investment vehicles, such as stock market, mutual funds, businesses, or real estates; and that’s it, it means that you’re already investing.
But nah…. Investing is way more than that. 
Investing is a “PLAN”, not a procedure or a product. – from Robert Kiyosaki
A few days ago, I travelled to Paris and oh boy..! The outcome of all the wonderful pictures were not possible if it had not been for the planning we made by my travelling buddies.  From booking our tickets, getting the approval of our managers to approve our vacation leaves, applying for visa, checking for hotels, itineraries and places to see, etc… It involves proper and appropriate planning to get us from Point A to Point B. 
Catedrale of Notre Dame
Think about it.
Why do you invest?  Where do you want your investments to take you to years from now?  What is your purpose for investing?  What are your investing plans?  Have you considered all possible investment options and opportunities offered to you – risks, returns, payback period?  Begin answering these questions first, and when you have all the crystal-clear answers, then start putting those eggs in your chosen investment baskets. *winks*

Keep learning and keep moving forward!
Lyn-Lyn _(“,)/

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