Money Makes Money?

the idea of let money makes money starts to penetrate into our society. our people starts to get use to a term called investment. in all definition of the word INVESTMENT, i like this term 'the use of money through various vehicles, or an individual's time and effort, to make more income or increase capital, or both'. look at the underlined words.

investment needs vehicles. to invest, you have to know investment vehicle that can bring you to your destination. prior to it, you have to know your destination. what is you target? why do you invest?

in physical life, if you wanna travel, first you have to know your destination, isn't it? then, why do you need to arrive at the destination. let say you wanna travel from KB to KL. you have many choices of transports. you may drive your car, ride your motorcycle, or bus, or plane, or even lorry, if you want. that's why you have to know your motive of traveling. if you wanna have a nice sightseeing, you may use car. if you wanna rest, you may choose bus. if you're in rush, plane is the best choice for you.

so goes with investment. you have to set your target before investing. for retirement? or for children's education? or to buy a car by next year? those target have to go through different investment vehicles.

the next point is your time and effort. of course you don't have to knock everydoor to collect your earnings but the effort here includes your studies, your knowledge, and what you do to provide you with knowledge to invest.

knowledge=simple. where does the money come from? what is the concept? and the most important is the CONCEPT OF INVESTMENT ITSELF!

if someone comes and offers you an 'investment' scheme that will guarantee return of 300% in a year, what would you do? and he shows the evident that many people became rich via the scheme. would you? i believe that 45% will say yes. this is totally ridiculous.

even if the evident is there but please.. please.. please.. if you don't know where the money comes, find another thing lah. it's like you wanna go to KL from KB by bas ulat.