HOW TO GROW YOUR MONEY WITH THE RIGHT INVESTMENTS : Mutual Fund Investment

Image
  ALL YOU NEED TO KNOW ABOUT DOLLAR AND MONEY MARKET MUTUAL FUND INVESTMENT After our recent seminar on investment, a lot of participants have contacted me to write on the subject for easy reference. Thus, today we'll be focusing on money market and dollar mutual fund investments. Money market investments are short-term, highly liquid assets that provide a safe place to park cash. Dollar mutual funds, on the other hand, invest in a variety of short-term debt securities issued by the U.S. government, corporations, and municipalities. WHYSHOULD YOU CONSIDER INVESTING YOUR FUNDS? Investing your funds can potentially offer several benefits. Firstly, it allows your money to grow over time through the power of compounding. By putting your money into various investment vehicles like stocks, bonds, or real estate, you have the opportunity to earn returns that exceed traditional savings account interest rates. Secondly, investing helps you hedge against inflation. Over time, the purch

4 REASONS PEOPLE FAIL IN LIFE



WHAT IT MEANS TO FAIL?

In this article, I will be explaining in clear and short terms with a model to simplify the whole process, the 4 reasons people fail in life. In it, I will equally, brief you on what it means to fail in life, why people fail to fulfil their purposes, of course, pinpoint some indicators of failure and how to overcome it. 
This article also comes with a slide for professional training purposes.  Wish you happy reading and learning.

WHAT IS FAILURE?

The word "failure" could be interpreted subjectively by different individuals. But, what does it mean?  Generally, it’s considered to be when things do not go the way they were initially planned or not getting expected result like your contemporaries.  To a very high extent, failure is when you quit trying to be successful. Failure is in the hand of the seer. The fact is that success is not fully guaranteed without failure in one way other. Failure in a way, prepare you ahead for success if you are persistent enough.

WHY DO PEOPLE FAIL?

What does it mean to fail in life? Why do people fail to fulfil a purpose? These are many other questions we are going to be getting answers to in this article. I will use the 4Ds Model, to simplify the process.

ATTITUDE AND FAILURE

We cannot be discussion failure or success without relating it to attitudes. Attitudes are a strong determinant of success or failure.  What is attitude? Attitude is a predisposition to act, tendency to act towards attitude object. It is the foundation of success. Failure itself is not a sin not learning from it could be a grievous sin.

WHY DO PEOPLE FAIL IN LIFE?
People fail in life not because they are not intelligent or lack the ability, but because they lack the 4Ds which are:
   DESIRE
   DIRECTION
   DEDICATION
   DISCIPLINE
These 4Ds must be presented at the same time for a goal to be  SMART. SMART simply means:
S=Specific, M= Measurable, A=Achievable, R= Realistic and T= Time-bound


Let's consider the 4Ds one after the other for more clarification to enhance understanding.
Desire: This could be said to be the feeling that goes with an unsatisfied state. The motivation to succeed comes from the burning desire to achieve a purpose according to SHIV KHERA.
 Again, Napoleon Hill wrote, “whatever the mind of a man can conceive and believe, the mind can achieve".  Desire is striving to overcome failure and pushing for success, the urge to be hardworking and positive minded today for a better tomorrow.


Direction: The lack of direction is synonymous with the lack of focus. Direction is key to success, as desire is not enough to overcome failure. If you desire to be successful in life, you should have a planned way to reach that desired future. Direction simply means a course along which someone or something moves. Direction is the road-map to that you wish to achieve. Think of the direction you could or should adopt to get to where you want to be life. For instance, do you need to go back to school, do you need some practical training to be able to get to your desired future?

"If one advances confidently in the direction of his dreams, and endeavours to live the life which he has imagined, he will meet with a success unexpected in common hours"-Henry David Thoreau.

"It's better to hang out with people better than you. Pick out associates whose behaviour is better than yours and you'll drift in that direction"-Warren Buffett.
For more quotes on direction clink here



Dedication:   Good things do not come by so easily, they require more persistent effort. Dedication is synonymous with commitment. How committed are you on your big dream? "Try not to become a success, but rather try to become a man of value" – Albert Einstein
Organizations are not run by emotion, but value. Integrity is keeping your commitment even if you lose money and wisdom is not to make such foolish commitments. Success is factored in risk. In other words, success has an element of risk in it. Come on, take a calculated risk for success; as a matter of fact, it is what distinguishes a rich man and poor man.

Discipline: Discipline could be adherent to set goal, rules or code of behaviour. These rules, code of behaviour could be directly in correlation with desire, direction and dedication.  Discipline is said to be the bridge between goal and accomplishment. It is the soul of an army. If you won't know what discipline is all about,  ask military personnel. It takes discipline to be successful. It’s a deliberate act.
"It doesn't matter whether you are pursuing success in business, sports, the arts, or life in general: The bridge between wishing and accomplishing is discipline"- Harvey Mackay

                                                 WHAT IS SUCCESS?

Success is the opposite of failure. Success means different things to different people. To some people, wealth, satisfaction, good health, a good family etc., connote success. But, success is more than these. It is the progressive realization of a worthy goal.
Here at Kingsmond.com, we want everyone that comes in contact with us to be successful, starting from you. Success comes with a lot of responsibilities.

 Responsibility

Accepting responsibilities involves taking risks and being acceptable, which is sometimes uncomfortable. Most people would rather stay in their comfort zones and live a passive life without accepting responsibilities. That could be the major reason they are not successful. Responsible people don’t think that the government owes them a living. Responsible people are ever ready to carry out their responsibilities.

Conclusion

All successful people share 4Ds in common. The deliberate management of these, will surely open the doors of success and eliminate failure. The four Ds will give you attitudes associated with success.
For further help, you can consult experts online  here or better still talk us at kcmond concepts

SLIDE PRESENTATION OF 4DS DURING GOF AUTOS STAFF TRAINING 




Images source:
 allthingslearning

Comments

Popular posts from this blog

ABOUT BLUME DISTRIBUTION LIMITED

WHAT YOU NEED TO KNOW ABOUT BLUME NIGERIA PRODUCTS

5 TOP SECRETS TO BECOME A SUCCESSFUL ENTREPRENEURIAL

Recently

ABOUT BLUME DISTRIBUTION LIMITED

Tips on How to Enhance Career - Get that Job with these Skills

HOW TO CREATE A BREAKEVEN BUSINESS PROPOSAL | EASY STEPS

ABOUT KCmond CONSULTING

HOW TO GROW YOUR MONEY WITH THE RIGHT INVESTMENTS : Mutual Fund Investment

Easy Steps To Lose Fat Belly