Do you Love $$$

Isn't it obvious??? Who doesn't love $$$.

Contary to your belief.... In fact most of the people HATE $$$.
If you love something.... wouldn't you treasure it, cherish it and improve it??
However, most people when they have spare cash..... they feel the need to get rid of it!
they will splure on the luxury.... usually unimportant or simply boh liao things.

Is this familar??
This is going to be the last bag.... I Love this bag.... this suit me very well.
My Replies: U got over 20 bags of different sizes and styles and brands....
Which one you don't like during the point of purchase? Last BAG??? u really think so....

How to define between a rich person and a wealthy person?
A) He earns 10k per mth with expenses of 9k.
B) She earns 3k per mth and save/invest 2k per mth
He is rich as he have high spending power.... drive sports car..... but dun even have 2k to lend u!
While she is wealthier as the money is kept and grow bit by bit.

To change your fortune, you can apply 3 little steps:
1) Must start to love money - understand the importance of $$
2) Be wealthy and not rich - control expenses
3) Learn to grow your $$$

20 months back, Ms Wealthy have to decide between saving $200 per mth or invest?
She then decide to save $100 and invest the other $100 in fund ($1 per unit) by RSP.
Now, after going through the Yr2007 crisis. Current fund price is $0.8 per unit.
A) Saving is $2003.59 (include interest)
B) Fund is $2046.68 (After deducting the 1k capital for comparison purposes)

Fund is 2% higher than saving even in BEAR market!!
Why is that so??? Fund price from $1 to $0.80....
Isn't it a 20% lost?? Yes, it is..... if using a Buy and Hold strategy.....
The trick is using RSP to DCA!!! (Regular Saving Plan to Dollar Cost Averaging)

Using RSP to invest over a period of time (10 to 30 years), the return will surely beat savings, endowment plans and inflation... while reducing the risk and volatilty compare to "Buy and Hold".

Personally, I think RSP should be the way to grow my daughter education fund rather than endowment. However, being kiasi..... can opt for both way.

Ok, hope all my love ones will start to un-hAte $$ and start to lOvE them!!
By applying the 3 little steps!!

Of course...... If u want to buy this buy that...... u can..... just find ways to earn more $$$.
Perharps this solution is easier!