How to Make Fortune
By Joyo_Zhou
@Joyo_Zhou (148)
China
November 29, 2006 2:24am CST
Ladies and gentlemen: I'm delighted to be here.
I'd like to offer some great advice to you.
Money talks.
Money rules.
Money is power.
Do you want to make a fortune? Do you want to go from rags to riches? Let me show you the way.
First, follow your passion.
Find your natural ambition.
Decide to be the best in that field.
Do what you love.
Love what you do.
Big money will follow you.
Don't love money too much.
Don't just work for money.
Money should come from your passion.
Second, work, work, work.
Work till you drop.
Work harder than you've ever worked before.
You must give it your all.
You must give 110%.
You must invest blood, sweat, and tears.
You must sacrifice.
You must be totally committed.
Money doesn't grow on tress.
Third, save, save, save.
From saving comes having.
A penny saved is a penny earned.
Buy only what you need.
Don't buy what you want.
Be as frugal as can be.
Don't squander your hard-earned money.
Put your money in the bank.
Make a habit of saving money.
If you have money, you can easily make money.
Money makes money.
Money begets money.
Fourth, invest in people.
Help deserving people.
Surround yourselves with quality people.
No man is an island.
You always need good people.
You can't build a fortune all on your own.
Money comes.
Money goes.
But friendship always remains.
Be good to others.
Treat all with kindness.
Friends are life's golden treasure.
Fifth, cash is everything.
Wait, wait, wait.
Wait for the opportunities to invest.
When the market drops, don't buy.
Wait until the market bottoms out.
Then, invest just a little bit.
Don't be greedy.
Don't overdo it.
Always hold on to a lot of cash.
When the market is booming, don't follow the crowd.
Don't go with the flow.
Don't jump on the bandwagon.
Always diversify your holdings.
Always diversify your stock shares.
Only buy blue clips when opportunity invites.
Once they are bought, don't sell them.
Keep them like you don't have them.
Wait, thirty years, and you will make a fortune.
Sixth, real estate is also great.
Invest first in your house.
Buy it at the right time in a good location.
Location, location, location.
Location is the key.
A house in a good location will always appreciate.
Buy a house when the prices are low.
When nobody's buying, it's time for you to buy.
But, remember, don't spend all your cash.
Buying a house is a big deal.
You must be very picky.
Be patient even if it takes a few years.
You have to check and check.
Check the house, check the price, and even check the neighbors.
A good neighborhood is very important.
You have to bargain and bargain.
Offer a very low price, and wait.
If there is no competitor, time is on your side.
All in all, time is of utmost importance.
Only young people have the time to invest and wait.
Health is much more important to older people.
Cash flow is also vital.
You need to have cash to invest.
Without cash you will miss many opportunities.
Do you know why so many market players ended up bankrupt? Do you know why so many investors went broke? It's because they got too greedy.
They invested too much.
They lacked cash flow.
Grasp all, lose all.
Ladies and gentlemen: Time flies.
Time passes by swiftly.
But you will not feel sad, because as time goes by, you will have more and more good friends.
Your house will become valuable.
Your stock holdings will eventually increase.
You're still young.
You're not pressed for time.
Sooner or later you will become a wealthy man.
I hope you think about what I've said today.
I wish you all a bright future.
Have a good day.
Thank you very much.
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