My HDB apartment is just a 2 minutes walk from the nearby Singapore Turf & Pool betting center. Over the weekend, people of all of different races, social background and age formed long queue to bet on horse racing and Toto lottery lucky draw. Some of these punters drive big expensive cars. I am not a regular 4D or Toto punter, occasionally when the winning prize is big; I will buy one or two tickets, not so much expecting to win but just for fun and besides, you never know if you are lucky enough just this once.
With rising inflation and tight job market, it seems harder to live a descent living and even much harder to retire comfortably. Yet seemingly surprising the number of millionaires in Singapore has risen to record high. For many, the only surest way to getting rich is by wining the lottery luck draw. Unless we are the CEO or big shots in a big company, we can almost forget of dreaming becoming rich and financially independent via our regular paycheck. Sure enough financial institutions such as market fund companies would like us to believe that we can beat the market by parting our hard earn money with those moron financial planners who make use of the money to brush up their financial investment skills.
So it boils down to the same big question of as to how we can earn big money. After spending over 20 years working in several companies, it is obvious that working harder is not the answer to making more money. Neither is taking huge risks the answer to making more money. I have read many self-improvement books, for instance, Rich Dad Poor Dad and books written by Anthony Robbins, Napoleon Hills and etc. We may get motivated for a while but as time goes by, reality sets in and we are back to where we are.
There are many fake Gurus around which only make money by telling others how to make money. You buy their books and they make money. In reality things are easier said than done. Never mind what these books says, after all, they are just words and the way I see it, hardly anyone who make it big in life and become successful ever attributed their success to any motivational books that they read. Most of those succeed has their own story to tell. There are those who believe that our destinies are sealed the day we were born. So say some people, that some are born to sit on the president chairs; some are born to sit on the electric chairs.
Here’s a great website with lots of good information that may be of useful to wide audiences, be it wealth, health or happiness.
www.earlytorise.com
Cheers
Thursday, March 20, 2008
How to earn big money
Labels:
Earn big money,
financial success,
money
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