Sunday, November 20, 2011

2011 - 22 : The 2 Things You Invest


After working for almost 3 years, i started to think about having side income by investing in something. i came across a very interesting concept of investing from a book "Why We Want You To Be Rich- 2 Men 1 Message - Donald Trump and Robert Koyasaki"

Generally there are 2 things that we can invest in;
1) Time
2) Money

If you cant invest your time, you might lost your money.

This 2 things describe what types of investor you are. There are 3 types of investors

1) Non-investor
Invest no time. Invest No Money

2)Passive Investor
Invest no time. Invest money

3)Active investor
Invest time. Invest Money

Based on the concept, below is my conclusion;
The key thing to be a successful investor is that you need to have money and spend time on it. The more time you spend on your investment, the bigger return will be. if i am looking for a side income, i need to find something that wont take soo much of my real job time. i only have about 3-4 hours of free time during weekday which mean i need to invest on sth that only require 3-4 hours of attention per weekdays. Well, i might already have something in mind!

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