Revisit what I have posted in Sunday, 5 August 2007

Read ? Investing article in Sunday Times Aug 5 2007 ME & MY MONEY

That was three years ago that I have posted this article and the past few days of reading some comments related to active income from jobs and money from stock investing has helped me to recall it.

There are three ways to build wealth.

1. Most people will work to build wealth; but if you doesn’t have a high-paying job, you can work till cows come home and may just making ends meet. (Createwealth8888: How many people can really make it to high-paying job, Just how many VP, EVP, CEO are there?? BIG RAT race!)
2. The next group of people will start their own business. Some may make it big and others may fail badly. (Createwealth8888: Many of us are not in this group, many of us will dream of it and talk about it. But, if you don't dare to take some money to invest, don't ever think or dream to be in this group. FAT HOPE!)
3. The third group will make money work for them through investments. They may have decent-paying jobs and invest to make their money work harder for them. (Createwealth8888: Only those with passion in investing, constantly learning from it, control the emotion of GREED and FEAR; and STRONGLY BELIEVE IT THAT IT CAN BE DONE, AND HAVE A PLAN, AND A ULTIMATE GOAL will make it, perhaps it is less than 20-30% in this group will make it, and many will fail, and bang their hearts)

Know when to be aggressive and when to be conservative. Know yourself, your level of greed and fear. (Createwealth8888: To be aggressive, you need to follow the stock history and company fundamental very closely, and strike at the right time by using pyramiding the investment method, you will win BIG if direction moves in your favor)