I would like to share with you the best way to move towards attaining your financial freedom.
Do not underestimate the power of Reinvesting. It is the key to freeing yourself from the rat race and make you earn while you enjoy.
Reinvesting is simply the act of returning your revenue/income back into the the machine that just generated that money to you. And in doing so, you increase the efficiency of the machine to churn you back a higher return in the next cycle.
It's easy, let me show you some examples.
Example 1 : Payment of fee into "Get Paid to Do Survey" programmes
Most people would just complete the surveys and then be glad that they can get back their initial investment and then carry on earning that small portion of money. The brilliant ones would reinvest the money into signing up for different programmes so that they can have access to a whole wide range of "Get Paid to Do Survey" Programmes!
Example 2 : Investing in Stocks
Some people get very excited receiving dividends and are satisfied with receiving that amount of money every month. While others prefer reinvesting their money into buying more of that stock and get a larger amount of money.
I learnt that through reinvesting funds into certain investments, you will in turn receive a larger share of returns in the future.
Reinvesting is a simple concept. Why make it complicated? Start observing how you can apply this simple process into your life, investments, relationships. It will create wonders when you use it in a moral way.
Wednesday, February 21, 2007
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1 comment:
Interesting stuff!!..It’s a very good post I have come across.I really like this post very much.It’s a very appreciated post.Thanks for sharing.Keep posting.
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