2008 is few days from us. At the beginning of the year, I like to think and plan on the goals I want to accomplish in the new year. Chances are that you're just like me, surrounded by people who has small dream, small goal, and little to no desire to get ahead their financial life. People who are "used to" living day by day , year by year, with no exciting dream to talk about. It's good idea to be alone and think clearly what are some BIG things you want to accomplish in the new year. Or else, next year will be same as this year. Think and plan on it. Write it down and be specific on your goals. The more specific it is, the bigger chance it will get done. These are some of the major goal I set to reach in year 2008:
*Buy Apartment building with over 40 units with over 5 thousands dollar cash flow.
*Develop a winning stock trading system allow me over 50% of profit with loss no more than 10%
*Find equity partner to invest with me for my properties.
What about yours?
Thursday, December 27, 2007
New year: time to think and plan BIG
Posted by 529pm @ 11:43 PM 3 comments
Wednesday, September 5, 2007
Don't wait to buy real estate, buy real estate and wait.
Don't wait to buy real estate, buy real estate and wait. That's my way to build wealth. Imagine we have the opportunity to buy real estate 10 years ago, how many will you buy? As long as my rental income can cover ALL expense (PITI), I'm going to buy as many as possible. Really! Although it becomes harder and harder to find this kind of deal as price has increased quite dramatic over last several year, I'm still constantly searching for opportunity every single night. My goal is to keep holding, holding, and holding more and more properties in excellent area, and patiently wait for the long term appreciation in 3, 5 or even 10 years.
Posted by 529pm @ 9:33 PM 3 comments
Labels: dream, real estate
Wednesday, August 22, 2007
3 simple steps to win our money game
Tonight, I want to share the 3 simple steps I used five years ago that help me to get ahead money game. I believe you can achieve if you can keep this 3 simple steps in mind to build your wealth.
Step 1) Define my dream (as specific as possible)
Step 2) Know where I'm (how much money and time I have, what is my strength and my weakness, what do I enjoy to do)
Step 3) Find a Vehicle(s) to make it happen. (Real Easter, Stock, network marketing business, etc)
It's like getting a map to travel. First, you need to know where is your destination. Next, you need to know where you are. And Finally, find a vehicle to take you where you 're to where you want to go.
Posted by 529pm @ 11:12 PM 1 comments
Tuesday, August 14, 2007
If you can Dream it, you can Build it!
I'm a firm believer of having a dream, in fact, a BIG DREAM. The size of your success is depending on the size of your dream. So, the bigger your dream, the higher success you
most likely will achieve! I have met many people who have a 9am to 5pm job, working few years at their work, become a very very small dreamer! They accept the "reality" and forget about pursuing their dream. In fact most people don't even have a "serious dream".
The first step in getting ahead of your financial life, is start to DREAM. Spend a lot of time defining your true dream. Once you do that, with the help of this site, I hope I can share with you tips, ideas, skills to help you build your dream at 529pm (after your working time)
Posted by 529pm @ 8:23 PM 2 comments
