Anyone Can Be Rich

Eid feast or had just passed, spending large amounts of money have been made. After Eid is over, now is the time you make the accumulation of wealth in order for maximum asset growth or with simple language we make ourselves rich! You want one?

So the following article is one way you can do in order to become financially wealthy. The following section if done with discipline to make yourself a great potential to become rich. This applies to anyone regardless of the amount of income each month.

Once again the most important thing you are able to do so disciplined with your income every month, if not discipline it is certain exposure there is no benefit to the growth of your assets. But for those of you who are able to consistently discipline the potential increase your financial assets is very large, let us begin gradually.

Stage 1 - 
Definitively RichEveryone has a different definition of 'rich', but I'm limiting it to look at financial wealth only, so beyond that the author does not discuss it. What about non-financial assets such as cars, houses and other items?, For it is welcome to do the conversion teradap nonfinancial asset into a financial asset (the asset valuation done a fair market price).Well, we go back to the definition rich: Rich are an outgrowth of the investment that has been made and its growth surpassed the inflation of a country in which the investor is settled.So based on the explanation above, a person will not become rich if he:• Do not make an investment;• Make investment but the results are below inflation growth.Let us introspect objectively upon ourselves whether we have done?:• Investments in both the real and financial sectors?;• In conducting investment if we already know the character of the risk profiles of ourselves?, If we include in the class of conservative, moderate or aggressive?Such a thoughtful reader, the above is a first corridor to be followed if we want to realize significant growth in financial assets. To do so required no sacrifice from the financial side. Your income is spent strictly for the financial future better (do not you want to be rich someday?).

Your money just to meet daily needs and not wants routine, again not a desire resulting minimum efficiency of 10 percent of your income each month. In simplified terms, the revenue may be used only by 90 percent.

Stage 2 - 
Invests Not SpeculationOnce we set aside at least 10 percent of the revenue the company invests the funds. Indeed, there is a thin boundary between investment and speculation, so the thinness 'thread' is so often a person does not realize that he was mired in speculation.

For menghidarinya, these can be signs or guidelines that we should not fall into the abyss 'speculation'. In the financial sector to invest in a person is obliged to:

• Determine the investment period:
o Short term <= 1 year, the potential return on investment is low;medium term 
o 1 <= 3 years, the potential return on investment being; 
o Long-term> 3 years, the potential for high investment returns.

To determine the length of time sufficient to know the purpose of investment, ie investment in higher education children (currently 12 years), the funding of such education is 6 years from now, the long-term investments made, and so forth.

As an important note:

* The potential return on investment is not a guarantee, that is the return on investment may be above or below the intended results; 

* Investment may experience large growth, small medium and even impossible to experience losses, the investment is associated with risk. So to eliminate the risk of loss then the determination of the investment period became very obligatory; 

* If there is a promising investment rate of return is fixed or permanent so be careful, usually lure of extraordinary returns bigger every month (in order to attract potential investors). Please be aware that wherever investment can not promise a fixed rate of return, why?, Because the investment was directly correlated with the risk. So the greater the potential return, the greater the potential risk.

Based on data usually investment like this can quickly erode your capital depleted, exhausted.

• Allocate your money on the right vehicleSpeaking of investment in the financial sector based on the results of empirical research that asset allocation plays the largest (about 90 percent) in terms of the growth of the investment, the rest are rumors (rumors) and momentum (in and out of investment), well, if the research investment in the financial sector have shown us so it's time to choose the right vehicle for our investment.
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