Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
wealth creation
by VENURAJA Bowenpalle on Aug 23, 2007 03:01 PM

High wage earners are not necessarily wealth creaters.
Wealth creation takes place over a long period of time and this involves your life style which in turn depends on your philosophy of life.
First of all you must learn to live a simple but comfortable and happy life.
If you begin to emulate all that you see in advertisements , you would not be able to save and for sure you would not create wealth by honest means.
In investments you have to choose low ,risk equity investments for long term if you have small money.
But if you invest in big amounts at one time you had better buy some real estate.
Land rate only goes up,but it goes up slowly over long period of time.
Your investment (in shares) also brings dividends,rights,bonus etc, returning your investment amount thus making the shares you hold , really free !!.
That is the beauty of shares if you invest with some control on your emotions.


    Forward  |  Report abuse
The above message is part of the Discussion Board:
5 ways money can make you rich