The smarter ones who attended all those courses on how to achieve passive income through blogging, internet marketing, writing apps, trading, investing, and what not; have wised up to the secret on how money is really made.
No, its not selling products or affiliated marketing silly!
It's to do what your trainer do - teach others how to make money!
As a former snake oil, when I see wannebe commercial "bloggers" trying their hardest to write click-bait posts to generate page views or give away freebies to collect emails, I often feel like telling them, "Hello, maybe it's better to do what your guru do; not what he tells you to do?"
I guess I can't hold my tongue any longer...
Psst. For those who made the switch and start making real money, don't forget to buy me a drink OK!?
Who knows? If you interested to learn more about selling ice to Eskimos, I have a DVD box set for a low low price of $XXXX. If you buy today, I'll even throw in not one, but two free e-books on Jedi mind tricks 101 to use on "bei kambings" that's worth a combined value of $XXX.
I tell you, the majority of retail investors out there can parrot the correct answer.
And they can even throw in rule no. 2 for added effect!
However, the reality is most of them never listened to Warren Buffett; know how to quote only (someone should tell them that upon leaving school, quoting other people does not carry any brownie points like in tests or exams). Don't believe? Just open up your portfolio.
Remember this next time you want to impress others with your favourite Warren Buffett quotes...
If you never put into practice rules 1 and 2, how to convince others with a straight face you are a practicing acolyte of Warren Buffett?
While you are reflecting, you might want to verify whether Warren Buffett ever lost money in investing?
If he did, what to make of his "advice" to us?
Don't look at me... I'm not his fan. The only thing I have in common with him is that we both like our Coke. Wait a minute... Do I have Coke in my portfolio?
Petronas have some of the best and heart warming commercials.
This one I like a lot.
Don't you just love the Malaysian accents?
That's how you tell a Singaporean from a Malaysian overseas. From the moment we said, "Hello!"
Success, when denominated in $ can easily be benchmarked, do an one-upmanship over others; but when it's measured by how well you have brought up your children... Children learn from parents. Financial freedom is just an enabler. It's not supposed to be a "religion". Do you worship Money? Or do you let money work for you? Same same but different!