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09-12-2012, 12:55 PM
(This post was last modified: 09-12-2012, 01:04 PM by Temperament.)
(09-12-2012, 12:34 PM)dyuda_2001 Wrote: He is already financially free, he mention that he do have enough saving to pay off both of his mortgage
It may not be very "smart" but if you can't buy anything by your own cash then don't buy by "installments". If you can, you have a choice. Then do your maths lol. That's one of my motto in finance. But my maths is only elementary. So i usually buy by cash if i can. If i can't i definitely will not buy it. So far so good i have the blessings and the capability that i can stick to this motto.
Shalom
Amen.
(09-12-2012, 12:47 PM)mrEngineer Wrote: A good insurance agent likes to spin stories to capture emotions. Look out for the facts. Anyway MW don't be disheartened because a good insurance agent should hit 15k a month in 3-5 years time. Together with his wife, they can afford 2 properties easily.
Yes! We have to beware all GREAT SALE-MAN are PSYCHO KING. i have met some of them.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.