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Showing posts with the label rich

Where to invest: Value appreciating assets

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We are all told to invest a good portion of our income. We keep hearing how regular investment is the key to financial freedom. We see graphics and tables showing how compound interest can make $1000 invested in your 20s can yield 3100% returns even if assuming a modest return rate of 9% p.a. But what no one tells you, is exactly where do you invest your money? In this article, we cover everything you need to know about evaluating investment vehicles. Where should I invest in? Invest in assets whose value appreciates with time . When you invest in an instrument, first and foremost, determine if its value increases with time. You will probably get many such assets. Some examples would be: Residential real estate Commercial real estate Mutual Funds Bank FD Stock market (long term investment) Buying equity in startups and privately owned firms and the list goes on and on. However, not ALL of these instruments are created equal! Always look at the  appreciati...

Trick: Make money online by playing games on your Android phone!

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Gamezop is an app that allows you to earn money by playing games on your mobile phone. However, often the amount you earn is very small to be of any practical use. Therefore arises the question - how can one earn more money using Gamezop. The answer to this is simple - referral program! Here is how to do it: First, download and set up the Gamezop app as follows: 1. Download the Gamezop App from the Play store. 2. Install & Open The App 3. You Will Find Home Page There 4. Click On Triple Dot Menu Option. 5. Go To My Account >> Update Your Paytm Number 6. Now Play Games & Win Lots Of Paytm Cash Easily. Start referring your friends: 1. Come Down & Check For ‘Refer & Earn” 2. Copy Link Or Share Your Refer Link 3. When Someone Joins Through Your Link 4. Rs 2 Will Be Instantly Credited In Your Paytm Account. Please note that, sometimes, Paytm Cash will be credited with some delay. This could take up to 24 hours to happen.

Money: Step One - Learn to Build

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The biggest question whenever we talk about wealth and money and being rich is:  How to get money? There are tons of people all over the internet telling you to do this and do that. To invest in X fund, to buy Y stock, or to give the money to Z fund manager. But, hardly anyone tackles the most fundamental question - where do you get the money to start with? Tell me how to get money! The answer to this question is fairly simple. Note, I say simple and not easy.  In order to obtain money, and in turn change it into wealth, you need to create VALUE. It is in exchange of the value that you create that you will be rewarded by the universe.  So, what is value? And, how can I create value? Money works on the simple principle of supply and demand. If you possess something that is in high demand, your possession is valuable. If you possess a lot of this in-demand thing, you become a high value person. You have the supply, and in exchange for providing the...

Conquer your mind, upgrade your Body, build long-term Wealth

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Welcome to Mind Muscle Money! Before you read any further ask yourself the following three questions:  What is it that I desire the most right now? What is it that I desire the most for myself 15 years from now? What is it that I desire to accomplish in this life? Make sure you answer every one of these questions in a single word (or 2 words at most). Take a while if you have to. Think well, the answers you give might seem unachievable to you right now. Does not matter. Remember these answers until the end of this article. Write it down somewhere if you need to. Now, you're ready to read further. This website will be built on three pillars: Mind, Muscle (fitness) and Money. Why these three you ask? Glad to explain! Consider for a moment that the forces in the universe are feeling kind today and you are the sole object of their gifts. If you were to close your eyes right now, and suddenly have 10 million dollars dropped into your lap, how would you like it? ...