Financial Planning - What Is Investing?
This is an important question to answer because in the decades ahead, the vast throng of hyper consumers will end up facing dire economic straits.
In contrast, those who have trained themselves to be wise investors will stand a far better chance of seeing their money grow faster than inflation. This means their purchasing power will not be eroded by insidious inflation.
In an article I've written entitled, What Is Investing?, I've pointed out that:
"In the simplest of terms, it means taking cash you have - from spending less than you earn or from borrowing - and parking it in some instrument that you expect will go up in value."
Of course, you already know that. But the real issue is are you doing anything about that knowledge of yours?
I hope you'll seriously mull over that question. If you'd like to read the entire article, you're welcome to do so here. I hope you enjoy it.
Bye for now.
Warmest regards,
Rajen
PS. By the way, if you'd like to join others who have opted to have me work with them to help improve their performance in the areas of personal finance, goal-setting and time management, please take the time to decide if this option is right for you...
After years of thinking about it, I've finally launched a 'lite' version of my elite life planning consulting package. This shorter, online-based version lasts a whole three months, and focuses on the three core life planning areas of personal finance, goal-setting and time management.
The price of this 13-week email- and online-based consulting package is less than a tenth of my regular consulting one.
If you're interested, drop me a quick email to
mailto:sales@RajenDevadason.com
(or simply copy-and-paste sales@RajenDevadason.com
into a fresh email) with
'Rajen, please tell me about your new consulting package',
in your subject header.
Warning: This service is NOT for everyone.
Please only write to me about it if you are 100% serious about joining this programme.
Thanks. Stay well.
Rajen Devadason is CEO of RD Book Projects and its sister company RD WealthCreation Sdn Bhd. He lives in sunny, peaceful Malaysia with his gorgeous wife Rachel. He's a Malaysian Securities Commission-licensed financial planner, a life planning consultant, a professional speaker and a serial author... which probably explains why he's so exhausted! Some of his books are available here, and, if you're interested, here are some quotations he reckons are accurate, bold or cool.
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