Thursday, February 24, 2011

Investing in Paper Assets

Majority of us, the main and only source of income is our job. Am I correct? In this case, we rely on the first type of asset: ourselves. Our physical self, that includes our strength and mental competence as in a sense "hired" by our employer for a certain salary per month or commission of the sales we make. The type of income that this asset produces is active income because it requires us to actively work for the money that we get.

If we are younger, this asset may increase the income it produces by working overtime, taking on jobs or sidelines that could augment our income. Of course, getting promoted in our jobs would also lead to bigger earnings through an increased salary.

However, our capabilities decline as the years go by. Why? We all know that our capabilities to do overtime work and other sidelines and our chances of getting promoted become less and less as our body grows older and approaches retirement age.

Monday, February 14, 2011

How Do You Want To Deal With Your Problems?

A blind boy sat on the steps of a building with a hat by his feet. He held up a sign which said: "I am blind, please help." There were only a few coins in the hat.

A man was walking by. He took a few coins from his pocket and dropped them into the hat. He then took the sign, turned it around, and wrote some words.

He put the sign back so that everyone who walked by would see the new words.

Soon the hat began to fill up. A lot more people were giving money to the blind boy.

That afternoon, the man who had changed the sign came to see how things were. The boy recognized his footsteps and asked, " Were you the one who changed my sign this morning? What did you write? "

Do you want to spend time with people that really matter?