Tuesday, October 27, 2015

How to plan and set goals

* Setting goals helps you choose where you want to go in life and what you want to achieve. By knowing precisely what you want to achieve, you know where you have to concentrate your efforts. Setting goals gives you long-term vision and short-term motivation.

* Create your long term goal of what you want to do with your life say, the next 10 or 20 years Then, you break these down into the smaller and smaller targets like yearly, quarterly, monthly, weekly and daily goals.
    * Once you have your plan, you start working on it to achieve these goals.
      * Some of the areas where you can have your goals are Career , Financial , Education , Family , Physical , Self Development, Pleasure , Public Service.
        * Make goals as SMART (S- Specific ,M- Measurable, A-  Attainable, R- Relevant, T-  Time-bound ) and set deadline to each of those.


          Share:

          How to plan your day

          * Best time to plan your day is the night before, make the list of all the tasks which needs to be accomplished next day. By doing this your subconscious mind will be working on those tasks.

          * Make list of tasks to do and assign priority and timeframe.

          * Break the larger tasks into minute tasks, atleast 15 minutes.

          * As soon as you accomplish the tasks strick or delete it.
          Share:

          How to become rich

          * To become rich you need to think rich.

          * Work extra hours and learn additional skills.

          * Invest in shares and diversify your savings in Mutual fund, gold, bonds, fixed deposit etc.

          * Follow a role model who have already achieved wealth and do what they do.


          Share:

          Tuesday, March 3, 2015

          Stock market secrets

          * Buy when stocks are low and sell when stocks are high. Look at the management before investing. Same holds good for mutual fund.

          * Buy shares in limit order and sell with market order.

          * While selling make the plan and set the upper and lower threshold limit price which you will sell. Invest in shares for long term for maximum returns.

          * Invest in companies which doesn't have loans and debts. Invest in brand value company. Check the consistency of last 5 years and check competitors.

          * Prepare entry and exit plan before trading. Have discipline while trading.

          * Dont invest more than 205 in single investment. Make master plan of how to trade.

          * Diversify your investment to reduce risk, trade with trends (Current trends), done listen to news, listen to real news. Dont listen to broker. Dont buy shared based on news.

          * Buy shares in uptrend and sell in down trens. If there is a demand, stock price moves up and if there is supply is more then stock falls.

          * Exit blindly if the stop loss trigers i.e if stock is going down.

          * Invest in stock market with clear goal. Exit your position if your goal is achieved and dont be greedy. Dont have emotion with stocks or company. Take your profits regularly.
          Share:

          Monday, February 16, 2015

          6 Ideas for Making Money

          Ideas for Making Money

          * Save, sell something which is not used, pay less tax, increase your income, borrow money from others, don't pay interest, cut down expenses, maintain contact with rich people, automate savings.

          * Small business ideas : Find hungry market, find the ways where we get more money, solve people complex problem.

          * Trading basic rules : Dont invest more that 20% of you income in single investment, create master plan of how to trade, diversify your investment to reduce risk, trade with current trends, dont listen to media news (listen to real news), have disciplines in trading, buy when stocks are low and sell when stocks are high.

          * Mutual fund buying tips: Look at management before investing in the MF.

          * Online ideas : Write article online, Create blog/website, Teach someones, Earn through youtube.

          * Business Ideas : Gym or Fitness center, Tuition Class, Freelancer, Computer Trainer, Recruitment Firm, Web Designing & hosting, Starting online Blog, Data Entry services, SEO Consultant, E-tuitions/ Webinar, E-book selling

          Share:

          Popular Posts

          Recent Posts

          Unordered List

          Pages