This 15 year old (taught by his father, Ty Cohen), is creating about $1,200 a WEEK in passive income - all without doing any work...
How?
He's following a simple 3-step system to upload short 25-Page word documents to Amazon Kindle. He's been doing this for a few months now. But, he doesn't have to "do" anything.
He's got a crazy schedule between a full day of school and then evenings and weekends full of Football practice and games.
However...
Even still - he's earning more money than most ADULTS do working full-time jobs. THIS is what I call smart earning. He's already entering the "I" quadrant and he's only 15.
Step #1: Find a simple & profitable niche - step by step...
Step #2: Outsource the entire process of creating a 25 page word document...
Step #3: Upload it to Amazon...
Tuesday, September 17, 2019
Sunday, September 15, 2019
如果你已经 （五，六十岁）那你应该怎么投资？
人生到了50岁的年纪，通常子女都已经长大成人，经济独立，自己也该准备进入退休阶段了。如果说50岁之前理财的重心是资产的“积累”，那么在50岁以后，理财的重点就开始转移到财富的“守护”上来了。每个人有不一样的方法，以下是对已有足够的财富的人也做出的保守的投资意见：
- 规划退休生活
在规划的过程中多读一些书籍。因为假如是半退休状态必然会有多余的时间，阅读绝对会是正确的方法.。补充回以前失去的财务知识是必要做到的。
冷眼前辈的书：
曹仁超牛眼投资
假如你真的在 50岁 的时候没有一笔可观的资金，那你更加更加需要阅读。当你的知识充足的情况下，会让你保持冷静且做出正确的判断。慌乱会让你做错觉得而陷入更加严重的状况。切记切记。
- 合理配置保险
- 选好投资工具
可能会有很多人不同意这个比例，再次强调，这是个人基于大多数老人保守的想法而作的一个意见而已。如果年轻时买入大量蓝筹股可以是例外。打工仔在打工时失去的时间，未必有机会累积相当于今天可以退休的股票。所以在保金大前提下，基金和多年千已购买的数个房产会是最理想的投资。
- 舍弃生活方式
所有所有。我只是建议。如有更多的方法也可以留言在我部落格或FB。我的确从事 Financial Advisor 相关工作。可发这个文章的时候抱着如何帮助快要退休人士，站在如果有经济问题的人出发，没有任何私心。
Love and Peace！
私下质询可以在下面 QR 以 Telegram 联系我：
Wednesday, November 30, 2016
猴子的故事
有一個商人到了一個山村，村子周圍的山上全是猴子。商人就和村子種地的農民說，我買猴子，100元一隻。村民不知是真是假，試著抓猴子，商人果然給了100元。於是全村的人都去抓猴子，這比種地合算得多了。很快商人買了兩千多隻猴子，山上猴子很少了。
商人這時又出價200元一隻買猴子，村民見猴價翻番，便又紛紛去抓，商人又買了，但猴子已經很難抓到了。商人又出價300元一隻買猴子，猴子幾乎抓不到了。商人出價到500元一隻，山上已沒有猴子，三千多隻猴子都在商人這裡。
這天，商人有事回城裡，他的助手到村裡和農民們說，我把猴子300元一隻賣你們，等商人回來，你們500元賣給商人，你們就發財了。村民瘋了一般，把鍋砸了賣鐵，湊夠錢，把三千多隻猴子全買了回去。
結果，助手帶著錢走了，商人再也沒有回來。村民等了很久很久，堅信商人會回來用500元買他們的猴子，但最後依然毫無音訊，於是只能把猴子放回了山上，最後山上仍然到處是猴子。
Thursday, April 14, 2016
3 Months After Joining as Property Agent in KL
To be honest, I'm way too confident on myself when I'm just joined. I committed myself to at least closing RM2.0 million every month. Heart pumping and I think I could achieve.
I thought I going to be very top in this sector as I could be very hardworking, determined and quality.
My first month, January performance was not bad. RM1.31 million for 2 case closed. Not bad huh, one more case maybe I could hit my target already.
Febuary, I was so tensed because almost everyone has case close. I work hard everyday, I mean as hard as I could. And thanks god, I able to get 1 case close on the last day of Feb and it was 29th. RM550K closed. Further from my target.
March, same. I work as hard as I could. Work roadshow almost everyday. On the last week of March I have not getting any case close. But so what man, I got 7 appointments that week. I thought at least I could get 1 case close from there. Unfortunately, all failed. Zero for the month of March.
...
Of course I was unlike everyone. I knew that if 2 case closed, that was not the end of story yet! I need to let them convert. Luckily, one of it has already converted. RM11K commission after deduct all fees.
As far I knew, one of very best my colleagues, she's no doubt a top sales in our group. But she told me, 18 case closed in 3 months, only 4 were converted.
There's a huge sound in my heart. 18 case closed!! I have only 3 cases... I couldn't imagine how I'm going to be if this happen to me. I prayed everyday. Hope god can hear my voice, always protect me and led me.
I thought I going to be very top in this sector as I could be very hardworking, determined and quality.
My first month, January performance was not bad. RM1.31 million for 2 case closed. Not bad huh, one more case maybe I could hit my target already.
Febuary, I was so tensed because almost everyone has case close. I work hard everyday, I mean as hard as I could. And thanks god, I able to get 1 case close on the last day of Feb and it was 29th. RM550K closed. Further from my target.
March, same. I work as hard as I could. Work roadshow almost everyday. On the last week of March I have not getting any case close. But so what man, I got 7 appointments that week. I thought at least I could get 1 case close from there. Unfortunately, all failed. Zero for the month of March.
...
Of course I was unlike everyone. I knew that if 2 case closed, that was not the end of story yet! I need to let them convert. Luckily, one of it has already converted. RM11K commission after deduct all fees.
As far I knew, one of very best my colleagues, she's no doubt a top sales in our group. But she told me, 18 case closed in 3 months, only 4 were converted.
There's a huge sound in my heart. 18 case closed!! I have only 3 cases... I couldn't imagine how I'm going to be if this happen to me. I prayed everyday. Hope god can hear my voice, always protect me and led me.
Thursday, December 17, 2015
8 techniques to sales successfully, Sales King, To become king of sales
1) Name card
You always need a deck of name card, distribute to every people you met.
2) SMS
You need to sign a unlimited plan in order to save the cost.
- Contacts that you already have.
- Newspaper (check ecode from google)
- anywhere you can get contacts.
3) House Shopping
Explore the nearby garden which you lived. You will always get the best first-hand information from there.
4) Flyers
Flyers need to be red in color. Having your contacts and it should look attractive Take photos as much as possible when you distribute flyers as well as talk with residences. If saw an empty house, try to ask neighbor.
5) Banners
If there's an empty house, you can put banner to bait the owner to contact you.
6) Creative board
Put creative board on the street pole is illegal. You will need an illegal contact on the creative board. Do this at Thursday night. Wear as casual as can be.
7) Internet or Social Media
Mudah
Facebook
Lelong
You always need a deck of name card, distribute to every people you met.
2) SMS
You need to sign a unlimited plan in order to save the cost.
- Contacts that you already have.
- Newspaper (check ecode from google)
- anywhere you can get contacts.
3) House Shopping
Explore the nearby garden which you lived. You will always get the best first-hand information from there.
4) Flyers
Flyers need to be red in color. Having your contacts and it should look attractive Take photos as much as possible when you distribute flyers as well as talk with residences. If saw an empty house, try to ask neighbor.
5) Banners
If there's an empty house, you can put banner to bait the owner to contact you.
6) Creative board
Put creative board on the street pole is illegal. You will need an illegal contact on the creative board. Do this at Thursday night. Wear as casual as can be.
7) Internet or Social Media
Mudah
Lelong
Monday, November 30, 2015
Good debt, Bad debt
I've read Rich Dad Poor Dad for long time ago and I strongly agree about what he said: "Bad debt could cause people poorer, while good debt leverage profits!"
All successful business man posses debts, because they know how powerful the leverage is.
I have education debts and car debt. But, here I'm going to experience my first ever "good" debt all by my decision alone. So, I'm going to do my best to understand how this debt is going to be.
Margin of Finance:
Pledge securities: RM20,000.00
Cash: RM10,000.00
Borrowing amount: RM50,000.00
Interests: 4.85% per annum (BLR: 3.80% + 1.05%)
Risks:
Used amount/(Used amount + Pledge value + Cash) > 0.65 to trigger margin call.
In order to avoid this, I need to plot myself a plan - Margin of Safety.
The worst situation that I could imagine and still acceptable were all my cash shares included SFA shares dropped 62,5% from it's original value.
eg:
1st option - Use RM10K from RM50K
RM10K/(RM30+RM10K) = 0.25
To exceed 0.65, all my shares have to drop to a value of RM15K from its RM40K.
It's a bit risky if I'm going to use RM20K from the RM50K. Because the margin of safety could be only 40%.
eg:
2nd option - Use RM10K from RM50K
RM20K/(RM30+RM20K) = 0.40
To exceed 0.65, all my shares have to drop to a value of RM30K from its RM50K which is 40% from upside.
Non Margin Call but Value dropped
This is the case that acquired shares dropped from entry price, but not hitting the margin call.
1) RM10,000 from RM50,000
Interest: RM10,000 x 4.85% / 12 = RM40.41 per month.
2) RM20,000 from RM50,000
Interest: RM20,000 x 4.85% / 12 = RM80.83 per month.
Summary
I'm going to choose either the 1st or 2nd option to leverage my portfolio. 62.5% or 40% MOS, I need rules to discipline myself from emotional market.
1) This is the reserve that I will only use in Early Bull Market.
2) Every stocks that bought need to follow 15% stop loss policy.
3) Dividend need to exceed 5%.
4) No average down is allowed.
5) Revise 3 times for every decision in order to make sure winning rate is more than 90%.
* Never lose money! Never lose money! And Never lose money! - Warren Buffet.
All successful business man posses debts, because they know how powerful the leverage is.
I have education debts and car debt. But, here I'm going to experience my first ever "good" debt all by my decision alone. So, I'm going to do my best to understand how this debt is going to be.
Margin of Finance:
Pledge securities: RM20,000.00
Cash: RM10,000.00
Borrowing amount: RM50,000.00
Interests: 4.85% per annum (BLR: 3.80% + 1.05%)
Risks:
- 1st choice: Safest from margin call
Used amount/(Used amount + Pledge value + Cash) > 0.65 to trigger margin call.
In order to avoid this, I need to plot myself a plan - Margin of Safety.
The worst situation that I could imagine and still acceptable were all my cash shares included SFA shares dropped 62,5% from it's original value.
eg:
1st option - Use RM10K from RM50K
RM10K/(RM30+RM10K) = 0.25
To exceed 0.65, all my shares have to drop to a value of RM15K from its RM40K.
- 2nd choice: Risky from margin call
It's a bit risky if I'm going to use RM20K from the RM50K. Because the margin of safety could be only 40%.
eg:
2nd option - Use RM10K from RM50K
RM20K/(RM30+RM20K) = 0.40
To exceed 0.65, all my shares have to drop to a value of RM30K from its RM50K which is 40% from upside.
Non Margin Call but Value dropped
This is the case that acquired shares dropped from entry price, but not hitting the margin call.
1) RM10,000 from RM50,000
Interest: RM10,000 x 4.85% / 12 = RM40.41 per month.
2) RM20,000 from RM50,000
Interest: RM20,000 x 4.85% / 12 = RM80.83 per month.
Summary
I'm going to choose either the 1st or 2nd option to leverage my portfolio. 62.5% or 40% MOS, I need rules to discipline myself from emotional market.
1) This is the reserve that I will only use in Early Bull Market.
2) Every stocks that bought need to follow 15% stop loss policy.
3) Dividend need to exceed 5%.
4) No average down is allowed.
5) Revise 3 times for every decision in order to make sure winning rate is more than 90%.
* Never lose money! Never lose money! And Never lose money! - Warren Buffet.
Friday, May 15, 2015
Best Quote from Jack Ma
Jack Ma once said "When selling to close friends and family, no matter how much you're selling to them, they will always feel you're earning their money, no matter how cheap you sell to them, they wouldn't appreciate it. "
Jack Ma said: "When doing sales, the first person who will trust you will be strangers, friends will be shielding against you, fair weather friends will distance from you. Family will look down upon you"
"The day you finally succeed, paying the bill for every get-together dinner, entertainment, you will realized; Everyone else is present except strangers"
Jack Ma said: "When doing sales, the first person who will trust you will be strangers, friends will be shielding against you, fair weather friends will distance from you. Family will look down upon you"
"The day you finally succeed, paying the bill for every get-together dinner, entertainment, you will realized; Everyone else is present except strangers"
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