Although i have received some offers from Recruit Express, no one offer could fit my expectations and their offers are consider 'low' as compared as what i currently have from RWS.
But that's my solution for the short-term. This whole week, I've been going for interview and meeting up with my BMT mate, Jun Jie.
He is currently a financial planner and he called me up. I agreed. We sat down for 3 sessions separately and i've met his direct mentor in a causal cum recruitment interview. I told them my views about this industry and that this, alongside, Network marketing is one of the best passive income job around.
If i have to choose, I'll probably choose to be a financial planner. Both jobs requires selling skills and face rejection from clients like you see people on the road everyday.
So, I believe that if I'm able to join this industry, I'm sure I'll be able to learn a lot. Here, I'm sharing a meaningful sentence that i came upon when i was reading through Robert Kiyosaki's book.
He says that in our schooling days, we have Report Cards to tell us how we are faring. Most people doesn't know that this 'report card' system follows them through even after they enter the workforce.
And Robert's rich dad call it the Financial Statement of oneself. In short, every person, organization has their own financial statement, including you and I. A brief financial statement includes a Balance sheet statement as well as a Profit and Loss statement.
If you do not already know how are you faring in your finance department, try doing up your own balance sheet, P & L statement to look for yourself.
For the benefit of those who do not know what a Balance sheet and P & L statement is, here's what Robert's foolproof explanation.
1) A Balance sheet have 2 columns, the Asset column and the Liability Column. Anything that PUTS MONEY INTO YOUR POCKET is call an asset. And anything that takes money out of your pocket is called a Liability.
P.s. For people who have taken accounting lessons, I know this definition is open to plenty of debate but i believe you'll understand where I'm coming from once i complete the whole picture.
2) A Profit and Loss Statement have 2 rows. First is known as the Income and the other row is known as Expense. Again, the definition for Income is anything that gives you money is known as Income and anything that takes money from you is known as an Expense.
Now that i've finished the idea, I would strongly recommend you do up yours as well. After summing up your current financial report, you'll probably see for yourself that you actually have a 'high' liability column as well as Expense row. If you're not, Congrats!
In fact, This simple classifying of numbers i would say is basically known as your 'report card' for your grades in 'life'. A lot of people remained on the 'passing' grade after leaving school and enter the work force. But because nobody ever explained anything about financial knowledge to them, they missed out that thought why they did not even have a plan.
As for Robert's rich dad, he would have graded anybody who have not achieve financial freedom at 45 as a 'failure' on the report card.
I'm not very sure if you're able to see the reason why he said that but i do. I agree with all due respects in fact.
How many of you have the experience of , "Now that i've graduated, what's next for me?" feeling? Because i once had this feeling. I felt so lost in life that i do not know where i'm heading.
I hated that feeling. I call it 'wasting my bloody time' feeling since everyday passes by without me actually achieving something towards my goal. OR to begin with, I do not even had a GOAL!
Life without goal is the most depressing moment anybody can experience. For me, I'm glad that i had walked out of that shadow that many people have not. And I now only wants to follow my plan that is to achieve FINANCIAL FREEDOM! True or true? TRUE!
So, Learning the simple idea of 'report cards' to financial statement in life is something that i would classify as a fruit that can only be gained from self-learning.
No way that these stuffs are going to be taught in school in a million years!
The reason being, i could reckon that even the teachers are not Financially educated to be able to pass these important yet forgotten knowledge to their students! True or true? TRUE!
Moving on to the second part of my post, I'll share with you here what i've picked out from the T3b forum.
This is a method that i had just picked up which i believe many other traders would also know if they have not already done so.
What that's not the main topic here. The main topic here is about what is to follow in the coming week.
In preparation to gear themselves into the next 'wave' of action, many t3b students are showing signs that the market is slowly turning into a bear market (downtrend). Which one way of seeing it is as explained above.
However, there are also some arguments that this concern is redundant and that a double dip recession is not going to come.
My view is: depending on how the market numbers being reported, we could see a bear market developing more clearly come end July since it's the financial reporting for most companies in the US for 2Q10.
As for the immediate term, the market could still turn bullish if the recovery continues, beating reports that claim that the recovery is 'not strong'. Deep down, we know that the crisis is not yet over and although the volatility has slightly subsided a little.
This is only the beginning of the turning point. Whether this new path leads North or South, we'll only have a clearer picture as time goes by.
Oh, before i forget, Congratulations to those whom had followed Our mentor, Keane's recommendation of getting their cash in Renminbi because, i just read that CHINA IS going do adopt a flexible exchange rate policy after pegging their currency to the US$ for the past 2 years!
So, for forex traders, this could be a good news! As for stocks, the Chinese stocks are expected to open higher and gain more in tomorrow's trade. So, don't be too surprised if the HSI turns bullish over the next few days as a result of this measure.
And if this factor is an important piece to the puzzle of solving the current Economic crisis, which is something that i believes it is, I would not write off the possibilities of an outright economic recovery.
I'll scan and post up my self made balance sheet and P & L statement once i've finished and you all be able to get a clearer picture in getting your own 'report cards' in LIFE!
Cheerios and happy trading!
Here;s my declaration to the Universe:
" I am willing to INVEST my Time and Money in the way RICH people do!"
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