My Millionaire Mindset (Investment and Quadrant : PUBLIC MUTUAL)

What makes the meal so delicious??its come with right measurement, right ingredient and cook instruction

2007-10-31T02:14:00.000+08:00

Happy Aidil Fitri to all Muslim and im back for the next topic.
Because of the time constrain and my tight schedule i cant update
the latest content for this blog, i apologize to all observant readers
and blogger for being late. By the way, i would like to thanks ^-^
to the readers who ask me to update my contents.Im very passionate
n my goal to make my 1st million at 25 years old (im now at 23 he he),
so i share all the ideas with you and i hope it will touch your consideration
about what was happened to our daily expenses, cash flow and inflation. .
Last but not least, to be frank..my standard of written English was
not "commercially viable" and far from perfect but i hope content
is deliverable to the readers.

Expenses always rise to the level of Income, why???

This is because of critical money skill. Spending is uncontrolled even we earn high.
If we earn $2,000 per month we will find a way to spend over than $2,000 and
end up broke. When we start earning $10,000 a month, we believe that we
deserve to buy a new Beemer 5 series, walk in to fine dining restaurant,
branded dockers pants, Gucci had bag and we would end up from the
luxurious lifestyle to scratch again. I have seen this lifestyle repeated in
many of elite and intelligent people, and when the money is uncontrolled,
what ever income we cant spend the money even a little for security.

Rich people but not wealth do this pattern:

Earn ---------> Spend ----------> Save

but!!!

Rich and wealth people do this!!:

Earn ----------------> Save ------------>Spend

So, it is not how much you earn that will conclude your wealth! but it is
HOW MUCH you are able to SAVE and INVEST!!!!!

Investment and Quadrant

2007-09-01T15:31:00.000+08:00

No 1 Unit trust company in Malaysia

What is unit trust?

A unit trust is a form of collective investment constituted under a trust deed.

Found in the UK, Ireland, Australia, New Zealand, South Africa and British Isles offshore jurisdictions, unit trusts offer access to wide range of securities for all types of investors.

Unit trusts are open-ended investments; therefore the underlying value of the assets is
always directly represented by the total number of units issued multiplied by the unit
price less the transaction or management fee charged and any other associated costs.
Each fund has a specified investment objective to determine the management aims and limitations.

Structure

* The fund manager runs the trust for profit.
* The trustees ensure the fund manager keeps to the fund's investment objective and safeguards the trust assets.
* The unitholders have the rights to the trust assets.
* The distributors allow the unitholders to transact in the fund manager's unit trusts
* The registrars are usually engaged by the fund manager and generally acts as
a middleman between the fund manager and various other stakeholders
Open-Ended

Unit trusts are open-ended; the fund is equitably divided into units which vary in price
in direct proportion to the variation in value of the fund's net asset value. Each time
money is invested new units are created to match the prevailing unit buying price;
each time units are redeemed the assets sold match the prevailing unit selling price.
In this way there is no supply or demand created for units and they remain a direct
reflection of the underlying assets.

Bid-Offer Spread

The trust manager makes a profit in the difference between the purchase price of the unit or offer price and the sale value of units or the bid price. This difference is known as the bid-offer spread. Typically the bid-offer spread is 5% but this may vary. The trust deed often gives the manager the right to vary the bid-offer spread to reflect market conditions, with the purpose of allowing the manager to control liquidity. In some jurisdictions the bid-offer spread" is referred to as the "bid-ask spread".

Financial Freedom?? U deserved!!

2007-08-31T20:48:00.000+08:00

How the rich become more rich and wealth?? is how the rich manage cash flow Money is not everything but everything is money. Most of people dream to be rich..but how the rich is measured correctly?? before u can be truly wealthy, u must 1st knpw what wealth really means. Again, many people think that a person's wealth is defined by how much he earns, by the clothes he wears, by the house he lives in and by the way he lives. I also think at the same way since i was..19 years old..im eager to achieve what i want ( millionaires before 27 years old). Thats how mymind start thinking about financial and life, i look at mygrandfather.my mama said that my grandpa is a rich person, he own big lord, farming and stones, but im wondering why he still use old and ugly cars, simple house, blank white shirt.