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Saturday, March 17, 2012
I SURVIVED
THAT LEAVES BEAUTIFULLY SWEET MEMORIES FOR YOUR VIEWING PLEASURE.
ACCEPT IT WITH OPEN HEART SO THAT YOU WON'T HURT.
JAMES OH
Friday, March 16, 2012
YOU HAVE NOTHING TO LOOSE
DO YOU SEE NOW. YOU HAVE NOTHING TO LOOSE, BUT LOTS TO GAIN. HOW'S WONDERFUL IS LIFE.
HAVE AWESOME DAY EVERYDAY,
JAMES OH
Thursday, March 15, 2012
ENTERPRENUER WITH BIG HEART
" I hope you will reflect on what you've done with your talent and energy. I hope you will judge yourselves not on your professional accomplishments alone, but also on how well you work to address the world's deepest inequities, on how well you treat people a world away who have nothing in common with you but their humanity."-Bill Gate
Wednesday, March 14, 2012
NEVER GET INSULT YOUR GOODSELF
So never compare yourself to others..not your failures, not your faith, not your accomplishments, not your wealth or lack there of...
Worthily to note that you are uniquely and wonderfully made & God has a plan for you that is only for you.
Some of God's greatest servants the world would see as failures, but He valued and adored them.
Don't let others destroy you with their words or their visions of what you should be!
Be yourself ,
James Oh
Tuesday, March 13, 2012
Monday, March 12, 2012
DISCUSS
“Passion is a feeling that tells you: this is the right thing to do. Nothing can stand in my way. It doesn't matter what anyone else says. This feeling is so good that it cannot be ignored. I'm going to follow my bliss and act upon this glorious sensation of joy.”
― Dr Wayne W. Dyer
I am agreed with the above quotation and how about you? Appreciate your view/opion?
― Dr Wayne W. Dyer
I am agreed with the above quotation and how about you? Appreciate your view/opion?
Sunday, March 11, 2012
LIFE IS WORTH MORE THAN TISSUE PAPER
Now, make own self assessment what paper we belong. Do not tell us your answer if you do not wish to. What is more important to you is which type of paper you wanted to be. Take your courage and keep moving toward your destination. You will surely make it.
All the best and please share your success story so as to sharpen the rests. Thank you in advance,
James Oh
Saturday, March 10, 2012
3 GOLDEN RULES IN LIFE
I urge you to give it a serious thought and let us abide to this rule. Be doer and live life to its fullest.
Thanks and wishing you a wonderful day,
James Oh
Friday, March 9, 2012
RIGHT PERSPECTIVE
Of course, we are more than happy to hear from you if you are not agreeable to the above statement. Your feedback is always greatly appreciated.
Wishing you a great success,
James Oh
Wishing you a great success,
James Oh
Thursday, March 8, 2012
SPEND YOUR TIME WISELY
MAKE YOUR CHOICE WISELY, FRIEND.
IT IS BEST PRACTICE TO REMINDING EACH OTHER REGULARLY.
THANKS AND HAVE A FUN FILLED DAY EVERYDAY,
JAMES oH
Wednesday, March 7, 2012
Tuesday, March 6, 2012
Monday, March 5, 2012
Sunday, March 4, 2012
Saturday, March 3, 2012
BUILDING WEALTH AS SIMPLE AS 123
BUILDING WEALTH AS SIMPLE AS 123
Have you heard of wealth building?
How many of you know exactly how to build your wealth?
After hearing lots of misconception of wealth creating, I would like to share with you some of my ideas and knowledge about its true meaning and the effective steps of achieving it.
This is also my intention and passion to coach and assist people to build their wealth to ensure financial independent so that they have better control of their life.
However, self accountability is to it. No one can help you to achieve it if you do not desire to do so.
Everyone needs to know how to fish, which is the only way of assuring him of having fishes for the rests of his life.
What is definition of WEALTH ?
To create wealth, istis vitally important to understand its definition right.
It is not equal to richness. Richness is a relative and subjective term which has no definite meaning.
Wealth is neither equal to income. Big income does not guarantee that it will generate wealth. It is very much dependent on the person how he consumes it.
Wealth is the residual income after all the expenses. As such, wealth is the Net Worth that is accumulation of your residual income over time. Therefore, to create constant and lasting wealth, you need to add value to all your financial resources which are simply utilized to create added residual value over time.
It usually involves three simple processes as follows:-
1. CREATE WEALTH
The key here is create as much as possible your residual income after the deduction of all expenses wholly incurred to generate that income. I re-emphasize that it is NOT the quantum of the income, but its residual.
To do so, you have to control your expenditure, at the same time to create the residual income. Or you have a choice to spend the residual income away to acquire a higher lifestyle. Egos and peer pressure dictate how you spend or use it to create more wealth.
It is a subject many of us fantasize about, but only few will be able to materialize in their lives.
2. ACCUMULATE WEALTH
Not all assets are of equal value in promoting long-term wealth. The real key to creating wealth is highly dependent on how much you spend on to acquire assets which really appreciate in value and thereby increase your personal net worth over time.
Otherwise, if he spends on things that depreciate in value, then his wealth will decrease.Therefore, the more money that is spent on Wealth-building Assets, the faster you will achieve a higher net-worth. One good example is good properties which appreciate over times.
3. TO MONITOR AND GROW THE WEALTH
Once you have created several wealth building assets, you need to comprehend their nature of trade and risks profile so as to take full advantage of their potential and to grasp the highest possible yield at any time. Needless to say that you need the skills and know-how which you should acquire by reading, analyzing and attending courses etc.
Here, you need to monitor each type of wealth-building assets in term of its return, growth in value and potential value vis-à-vis its risks.
However, you also need to purchase other type of assets out of necessity, for entertainment or other reasons which do not add value to you indirectly such as to facilitate your works or which may generate more value than their cost.
. Some of examples of non-wealth building assets are:-
- TVs
- Washing machines
- iPods
No doubts debts can kill. However, if you know how to use them to generate income which exceeds the cost of borrowing and generate positive cash flow. Then, it makes sense for you to leverage on debts to generate more residual value for you.
I hope that I have given some understanding on the true meaning of wealth and the simple three process of creating, accumulating and managing its growth. This is a very basic and fundamental framework for everyone who intend to build wealth and it is vitally important to get this right in the first place.
I wish everyone success in building your wealth and empire and don’t forget to buy me a 5 star dinner then.
James Oh
To read other related article, please click the link below:-
http://liftyouup.blogspot.com/2010/09/savers-are-losers-dear-readers-and.html
Friday, March 2, 2012
Thursday, March 1, 2012
Wednesday, February 29, 2012
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