......SOARING HIGH........^^^^^^^^!!!: lifes a journey !!!!!!!

hello folks ,,,,,, lots to chat ,diverse topic ,,,,,,, and which tht matters us the most !!!! we all want to be successful in life .. have a rich life full of comfort and happiness...!!! pleasure and joy .. struggling through school days and then college ,,,for a brighter future !!!!!! we all know trignometric ratios , laws of organisation , programming , .....but when it comes to money ,,we have no clue !!!!!! we all crave for it ......." THTS the most essential nutrient , I call it "VITAMIN M"........vitamin money !!!.......money is not everything ,but something of importance which has to be respected upon !!! if u dont respect it or take care of it ...it wont take care of u either!!!!!!!... ..............we all work hard . to earn it !!!! and if i tell u magic mantra for doubling it!!! how would u feel .. im not jokin .... u will see for urself..!!!

why rich become still richer !!!!!!

millionares are not necesaarily ppl with high education or degrees!!! they know how to use their money !!!!!and they do use it !!!

ASSETS AND LIABILITIES :

assets are something which will get money in your pocket ( for eg: if u buy a house and then rent it out .. everymonth u will receive payment !!! irrespective of ur work !!! its like money tree .if u plant once then it will grow and keep on givin fruits )

liabilities are something tht take away money from ur pockets !!(eg ; ur cell phone ,creditcards ,bills,taxes...,travelling tickets ,house rents,loans .

EXAMPLE PERSONIFIED"""".......lets take an example ...if suppose mr X, has won a lottery of 1 million dollars$$$$.. wht will he do ... if he is buying a bigger house , a new branded sports car, hi tech assesories,,,wht he is really doin is buying liablities ,,these things wont get him returns on his money ,,and think abt the maintenance cost!!!!!! so u and i both know .. hell be needing a lottery ticket once again !!!!!!!.. BUT had he been wise and invested in mutual funds,shares or just saved in banks(if u get good savings returns!!),, he would have been a much happier person down the lane !!!! and would have enjoyed buying a good car with the returns he would receive from his investment ...and his investment growing with time and so his wallet too!$$$$.....!!!!!! u all agree rt !!......HMMMM Y ARE WE WAITIN FOR ?,,lets begin ........

THE FORMULA :

so the best way to be financially free is to have lots of assests .and lesser and lesser liabilities, while there is no upper limit on assests .. u can have as much as u want ,,,(lots on assets later!!! wht are the different kinds!!!)

ASSETS :

REAL ESTATE:( renting houses,purchasing it cheaply and selling during appreciation)
STOCK ,BONDS, ( THIS is the best as far as returns are concerned ,,, )
MUTUAL FUNDS..(THIS is catching up !! in the country as more and more ppl are buying it )
INSURANCE:(many insurance policies have schemes , which insure u as well has have good plans for return on investments !!! much more than banks give !! check this out !!)
BANKS:( ppl usually like saving money in banks ..they get arnd 9 to 10%on fixed deposits .. but its actually less ,,the amnt decreases due to inflation and taxes!! more on this later)
HOME:( well saving it under ur pillow makes no sense!! at all...... it wont grow and u might get a heart attack if termites feast on it !!!remember kasim the miser !!!!)
PRECIOUS METAL: it depends ,,, if u buy it for low and sell it high then u make profit ,,but thts risky as its prices fluctuate heavily!!!and u dont get interest on it !!
"BUSINESS": this is the most beautiful kind of asset !!! they will provide u with good amnt of returns !!!if u have drive and enthusiasm !! go for it , try out ur idea !! who knows u might be the next bill gates !! and i really wish u be one !!!( if u wanna start one ..have any ideas ,, contact me .... also feel free to ask any queries !!)

...............COMING SOON .............